Business
Stocks to watch: Sembcorp, Nio, Keppel Infrastructure Trust, Sinarmas Land, SingPost
The following companies saw new developments that may affect trading of its securities on Friday (Mar 28). Sembcorp Industries: Its wholly…
Swedan Margen
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Business
Lululemon plunges as US struggles weigh on sales outlook
LULULEMON Athletica shares dropped after the yogawear brand delivered a disappointing outlook for the year ahead amid slower US sales. The…
Business
US Fed official warns ‘inevitable’ tariffs boost inflation
It seems “inevitable” that Donald Trump’s tariff plans will push up near term inflation, although the increase could be short-lived, a…
Culture
Performance Pay: Motivation or Manipulation?
Performance based pay is a hot topic in many workplaces today. Some believe it boosts motivation, while others argue it can lead to…
Business
Keppel eyes better market valuation as it sheds ‘conglomerate discount’
Global asset manager Keppel is eyeing a better valuation from the market, as the company sheds the “conglomerate discount” with its…
Business
Nio to raise HK$4 billion from equity placement to fund R&D
Chinese electric vehicle (EV) maker Nio on Thursday (Mar 27) announced plans to raise HK$4 billion (S$688 million) through a share…
Culture
LLC Benefits: Why Everyone's Talking About Them
If you’re thinking about starting a business, you’ve probably heard a lot about LLCs, or limited liability companies. They’re becoming a…
News
Euro steady as Trump’s car tariffs loom next week
THE euro was steady, rising off a three-week low earlier on Thursday (Mar 27), with US President Donald Trump’s 25 per cent tariff on…
Business
Meta’s Asia-Pacific chief quits after a decade-long growth spurt
Meta Platforms is losing its senior-most business executive for the Asia-Pacific, an industry veteran who shepherded some of the social…
Business
SingPost completes A$1 billion sale of Australian logistics business
The divestment generated A$781.5 million in gross proceeds and an estimated gain of S$289.5 million Singapore Post (SingPost) said on…
News
Porsche, Mercedes face 3.4 billion euros hit from Trump auto tariffs
To offset the impact, manufacturers may have to raise prices or shift more production to the US Porsche and Mercedes-Benz Group will be…
Business
MAS seeks feedback on proposals giving retail investors access to private market assets
The move signals a broadening of access to such illiquid investments beyond wealthy individuals Retail investors in Singapore may soon be…
Business
Saudi Aramco looks to invest in Indian refineries
Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable outlet for its…
Business
Singapore fund inflows surge 167% to S$7.6 billion for 2024: Morningstar
Total net inflows into Singapore-registered funds hit S$7.6 billion for 2024, a surge of 167 per cent from S$2.85 billion in 2023,…
Business
SK Hynix says some customers brought forward orders ahead of US tariffs
South Korea’s SK Hynix, the world’s second-largest memory chipmaker, said on Thursday (Mar 27) that some customers have brought forward…
News
AirAsia flight to China turns back due to engine issue, lands safely
An AirAsia flight bound for China returned to Kuala Lumpur due to an engine issue shortly after takeoff and landed safely with no injuries…
Business
Foxconn plans EV event in Japan to woo manufacturers: sources
Foxconn is set to hold a seminar in Japan on April 9 to lay out its strategy on electric vehicles, two sources with direct knowledge of…
Business
Hong Kong lures investment firms Ardian, Arga seeking expansion
Two investment firms are setting up offices in Hong Kong to attract money from the region, the latest sign of renewed financial activity…
News
Asia: Autos lead market losses after Trump’s latest tariffs salvo
A plunge in automakers hit Asian equities on Thursday after Donald Trump announced painful tariffs on all imported vehicles and parts as…
Business
UOB set to issue US$2 billion in dollar-denominated notes across 3 tranches
UOB is set to issue US$2 billion in a three-tranche US dollar-denominated senior bond offering, it said on Thursday (Mar 27). The notes…
News
Gold firms on concerns over Trump’s reciprocal tariff plans
Markets will be scanning the US personal consumption expenditures data due on Friday, which could shed more light on the US interest rate…
News
Japan putting ‘all options on table’ in dealing with US auto tariffs, PM Ishiba says
Japanese Prime Minister Shigeru Ishiba said on Thursday Tokyo will put “all options on the table” in dealing with Washington’s…
News
Auto industry rocked by Trump’s 25% tariffs on US imports
US automakers and their global rivals were rocked on Wednesday by President Donald Trump’s announcement that he would impose 25 per cent…
Business
China banks ramp up bad property loan disposals to boost economy
China’s big banks are accelerating a drive to write off soured property loans to clean up their balance sheets as they heed calls by…