News
DBS, OCBC, UOB tumble on potential Fed rate cuts if economies slow
[SINGAPORE] Shares of Singapore’s three local banks continued to slide on Monday (Apr 7), leading a broader market sell-off triggered by concerns over US tariffs.As at 12.50 pm, DBS...
Star Entertainment agrees to take-control offer from Bally’s: AFR
AUSTRALIA’S Star Entertainment has agreed to a refinancing deal that would see US peer Bally’s take control of the embattled casino operator, the Australian Financial Review (AFR) reported on...
Boeing faces new civil trial over 2019 Ethiopian Airlines crash
[NEW YORK] Boeing is poised to face a jury trial from Monday over the fatal 2019 crash of an Ethiopian Airlines 737 MAX plane, the first civil case related...
Gold plunges to 3-1/2-week low as market sell-off hits bullion
GOLD prices continued to face turmoil on Monday, and hit their lowest levels in more than three weeks, as a wider market sell-off triggered by US President Donald Trump’s...
The Hour Glass to acquire newly incorporated SPV for A$90 million
Move is in line with the group’s strategy to continue expanding its presence in the country[SINGAPORE] The Hour Glass’ wholly owned unit in Australia has signed a deal to...
Stocks to watch: Sembcorp, The Hour Glass, Wee Hur Holdings
[SINGAPORE] The following companies saw new developments that may affect trading of its securities on Monday (Apr 7):Sembcorp Industries: Sembcorp Industries is “well-positioned” to achieve its target of 25...
Oil prices extend losses on fears global trade war could slow economy
[TOKYO] Oil prices fell more than 3 per cent on Monday, extending losses from the previous week, on growing concerns that a global trade war could slow the global...
UK unveils support for tariff-hit auto sector to go green
[LONDON] The UK government on Sunday unveiled plans to give carmakers more flexibility in transitioning to electric vehicles in a bid to boost the sector in the face of...
Should you go crazy for crypto?
TIME to buy the cryptocurrency dip? Many think so, after watching others seemingly reap instant rewards as Bitcoin surged in December and January amid optimism over “pro-crypto” US President...
Taiwan announces temporary short-selling curbs after US tariffs
[TAIPEI] Taiwan’s top financial regulator said on Sunday (Apr 6) that it will impose temporary curbs on short-selling of shares to help deal with potential market turmoil from US...
