Business
Hedge funds move into Asia power market with new hires
[SINGAPORE/TOKYO] Hedge funds have joined the hunt for power-trading talent in Asia, as they push into the region’s increasingly active…
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Business
Business
Sembcorp enters JV with Bharat Petroleum for renewable energy projects
The partnership will support state-owned Bharat Petroleum’s ambitions to achieve net-zero Scope 1 and 2 emissions by 2040 Sembcorp Green…
Business
Stocks to watch: UOB, SGX, Sembcorp, CDL, DBS
The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 9). UOB: The bank said on…
Business
China’s EV boom masks economic pain for major auto hubs
China’s world-beating electric vehicle (EV) boom is masking lopsided economic gains, with manufacturing hubs that rely on foreign…
Business
JPMorgan model shows recession fear in markets spiking up to 79%
JPMorgan Chase says recession fears in stocks acutely tied to America’s economy have spiked to nearly 80 per cent, while credit investors…
Business
Apple’s historic sell-off has bulls balking from tariff risks
A sharp sell-off in shares of Apple illustrates investor scepticism about its ability to navigate US President Donald Trump’s tariffs on…
Business
Oil settles down US$1 at four-year low as US-China trade war escalates
Oil prices settled down more than US$1 a barrel on Tuesday at a four-year low as investors priced in an increasing likelihood of a…
Business
Europe: Shares notch best session since November 2022 after tariff-sparked pullback
EUROPEAN shares rose from 14-month lows on Tuesday, after four straight sessions of heavy selling, although investors continued to closely…
Business
US: S&P 500 ends 1.6% lower as tariff angst kills stocks rally
Wall Street stocks tumbled again on Tuesday as initially successful efforts to rebound from big losses faded amid worries over US…
Business
Victoria’s Secret Names 3 Brand Presidents to Carry Out CEO Hillary Super’s Vision
Call them the Super Squad. Hillary Super, who left Savage x Fenty to become chief executive officer of Victoria’s Secret & Co. in…
Business
Authentic Luxury Group Eyeing John Elliott Acquisition: Sources
Authentic Luxury Group is on the verge of making its first acquisition. Last October, Saks Global, owner of Saks Fifth Avenue and Neiman…
Business
Celebre d'Allen: Grand National horse dies after collapse at Aintree
Grand National runner Celebre d'Allen has died following Saturday's race at Aintree. The 13-year-old horse, the oldest of the 34 runners,…
Business
What Books Did Chelsea Give Saxon in ‘The White Lotus?’
If you purchase an independently reviewed product or service through a link on our website, Variety may receive an affiliate commission.…
Business
World must act now to help Gazans under Israeli blockade, UN chiefs urge
The heads of six UN agencies have appealed to world leaders to act urgently to make sure food and supplies get to Palestinians in Gaza,…
Business
Financial Stress Hits Americans Hard, Driving Focus on Literacy and Affects on Health
After a series of staggering global tariffs announced by U.S. President Trump on Friday and causing chaos within the stock market, JP…
Business
US: Wall Street opens sharply higher on hopes of tariff talks
Wall Street’s main indexes opened sharply higher on Tuesday (Apr 8) after a bruising selloff that has wiped out trillions of dollars since…
Business
Wall Street braces for souring corporate earnings amid trade war
US stocks reeling from the impact of President Donald Trump’s tariffs face another big test starting later this week: corporate earnings.…
Business
Exxon faces no shareholder proposals for first time in 25 years
It received only one proposal this year and the SEC agreed it should be discarded because “it tried to micromanage the company” ExxonMobil…
Business
Greenback falls as prospect of tariff talks calms global markets
THE US dollar fell on Tuesday (Apr 8) while the euro perked up as stocks bounced in Asia and Europe on hopes that US President Donald…
Business
Trump’s tariff chaos becomes US$700 billion storm for big banks
Financial services are excluded from Donald Trump’s trade war for now. Banks are still feeling the pain. HSBC Holdings’s market value has…
Business
Mortgage rates set to drop after tariff turmoil
Lenders are set to cut rates on mortgages after turmoil from US President Donald Trump's tariff policy raised expectations that UK…
Business
UOB to inject fresh capital of 2 trillion dong into Vietnam unit, build new headquarters in Ho Chi Minh City
United Overseas Bank (UOB) said on Tuesday (Apr 8) that it will inject additional fresh capital of two trillion dong (S$104 million) into…
Business
SGX securities turnover value up 25% in March, volume down 23%
The total securities market turnover value on the Singapore Exchange (SGX) increased 25 per cent year on year to S$29.7 billion in March,…
Business
Rich Asian investors opt to unwind holdings amid margin calls
Some wealthy clients at Asia’s top private banks are opting to unwind part of their equity investments instead of topping up collateral…