Entrepreneurship
Tariff truce spurs Pacific trade rush, boosting global shippers
[HONG KONG] Importers rushing to ship Chinese goods to the US using a short reprieve from paralysing tariffs could provide a much-needed boost to global freighters.The surprise truce between...
Malaysia committed to 2025 petrol subsidy cut but no fixed date
[KUALA LUMPUR] Malaysia is committed to reducing petrol subsidies in the second half of the year and is refining its plan as US tariffs darken the economic outlook.The government...
Asia: Markets stagger into weekend as trade rally runs out of legs
[HONG KONG] Markets limped into the weekend as investors consolidated gains fed by the China-US trade war hiatus, having enjoyed one of their best weeks since Donald Trump unloaded...
Harvey Norman operator Ossia surges over 40% following privatisation offer from controlling shareholders
The offerors say the company faces a challenging environment in Singapore and abroad[SINGAPORE] Shares of Ossia jumped more than 40 per cent on Friday (May 16), after group executive...
Mapletree Industrial Trust divests three Singapore industrial assets for S$535.3 million
[SINGAPORE] Mapletree Industrial Trust (MIT) divested three of its Singapore industrial properties to Brookfield Asset Management for S$535.3 million, the real estate investment trust’s (Reit) manager announced on Friday...
Chinese disinflation wave is set to boost emerging-market bonds
[ZURICH/SINGAPORE] A wave of Chinese exports redirected towards emerging markets is likely to help crimp inflation across the developing world and bolster longer-maturity bonds, fund managers say.Goods from the...
Cost to ship goods from China jumps as tariff truce spurs demand
Published Fri, May 16, 2025 · 07:51 AM[LONDON] Spot container rates to ship goods to the US from China jumped by the most this year after the two biggest...
Geely appoints Zeekr head as new group CEO in shakeup
[HONG KONG] Billionaire Li Shufu is shaking up his sprawling Geely auto empire, lining up a new chief executive weeks after a shock move to take its US-listed premium...
Oil prices settle 2% lower on expectations for US-Iran nuclear deal
[LONDON] Oil prices settled lower on Thursday on expectations for a US-Iran nuclear deal that could result in sanctions being eased and more barrels released onto the global market.Brent crude...
US: Stocks end mostly up after mixed data
Published Fri, May 16, 2025 · 06:14 AM[NEW YORK] Wall Street stocks finished mostly higher on Thursday following mixed US economic data as markets await further announcement from Washington of trade...
