Fashion
Push to allow Norway’s wealth fund to invest in defence companies falters
[OSLO] Opposition efforts to allow Norway’s US$1.8 trillion wealth fund, the world’s largest, to invest in large defence companies appear to be faltering, according to lawmakers involved in the...
Latest Singapore six-month T-bill cut-off yield falls to 2.3%
[SINGAPORE] The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.3 per cent, according to auction results released by the Monetary Authority of Singapore on Wednesday...
Hong Kong dollar interest rate falls most since 2008 after intervention
[NEW YORK] The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to defend the currency peg helped boost liquidity in the financial...
Asian airlines re-route, cancel flights due to India-Pakistan fighting
Published Wed, May 7, 2025 · 12:11 PM[TAIPEI] Several Asian airlines said on Wednesday they were re-routing or cancelling flights to and from Europe because of fighting between India...
Asia: Stocks rise as China-US trade talks boost optimism
[HONG KONG] Asian equities rose on Wednesday after China and the United States said they would hold trade talks at the weekend, fanning optimism that the superpowers can row...
Nvidia CEO says China AI market is on course to hit US$50 billion
Jensen Huang is lobbying against the tightening of restrictions on his company and peers that limit their access to China, the biggest market for semiconductorsPublished Wed, May 7, 2025...
Frasers Logistics & Commercial Trust posts 13.8% lower H1 DPU of S$0.03
[SINGAPORE] Frasers Logistics and Commercial Trust (FLCT) on Wednesday (May 7) posted a 13.8 per cent fall in distribution per unit (DPU) to S$0.03 for its first half ended...
US SEC’s new chief says 15% of staff have left, contract cuts to come, sources say
[WASHINGTON] The new head of the US Securities and Exchange Commission told staff on Tuesday the agency has lost 15 per cent of its headcount across offices and divisions...
Hong Kong launches new measures to attract more tech, bio listings
Hong Kong is the main destination for mainland Chinese firms looking to raise capital offshorePublished Tue, May 6, 2025 · 07:11 PM[HONG KONG] Hong Kong launched a scheme on...
MPACT should sell Festival Walk or merge to get more Singapore-centric
SINGAPORE’S largest mall, VivoCity, with over a million square feet of lettable area, is much loved by shoppers. However, the mall’s owner – Mapletree Pan Asia Commercial Trust (MPACT)...
