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SIA Engineering inks S$1.3 billion deal to service SIA, Scoot fleets
The company will provide support for two years, with an option to extend by one year[SINGAPORE] Mainboard-listed SIA Engineering (SIAEC) signed fresh services agreements with national carrier Singapore Airlines...
Thai banks’ bad loans rise to 2.9% in Q1
Published Tue, May 20, 2025 · 04:21 PM[BANGKOK] Thai banks’ non-performing loans rose to 2.90 per cent of outstanding loans at the end of March from 2.78 per cent...
Hong Kong dollar funding cost drops in FX intervention aftermath
Hibor extended its drop as it fell below 1% on Tuesday (May 20) for the first time since 2022Published Tue, May 20, 2025 · 03:23 PM[HONG KONG] Hong Kong’s...
Japan’s Honda to scale back on electric vehicles, concentrate on hybrids
The company says it expects to sell 2.2 million to 2.3 million hybrid vehicles by 2030Published Tue, May 20, 2025 · 02:17 PM[TOKYO] Honda Motor said on Tuesday (May...
Japan’s 20-year bond auction gets weakest demand since 2012
The sale comes after a recent surge in longer Japanese bond yields and increased volatility owing in part to US President Donald Trump’s policy measuresPublished Tue, May 20, 2025...
China banks cut deposit rates to aid margins, drive spending
MAJOR Chinese banks cut deposit rates again, in the latest efforts to preserve their shrinking profitability and drive consumers to spend more amid a flagging economy.Lenders including the Industrial...
China lowers benchmark lending rates for first time since October
Published Tue, May 20, 2025 · 09:30 AM[SHANGHAI] China cut benchmark lending rates for the first time since October on Tuesday, after Beijing announced sweeping monetary easing measures earlier...
China’s central bank cuts two key rates to historic lows
[BEIJING] China’s central bank on Tuesday (May 20) cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid seesaw trade tensions with the...
Stocks to watch: DFI Retail Group, Q&M Dental Group, Aoxin Q&M, Ossia International
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (May 20).DFI Retail Group: The group’s underlying profit for Q1 2025 fell 18...
Local building boom will fuel growth, says top Vietnam steelmaker
[HANOI] Vietnam’s top steelmaker Hoa Phat Group is counting on the nation’s rising economic growth and massive infrastructure projects from railways to seaports to fuel the company’s expansion and...
China accuses US of undermining trade talks with warnings against Huawei chips
The Trump administration has made clear that it will continue to drive efforts to keep advanced technologies away from the world’s second-largest economyPublished Tue, May 20, 2025 · 07:06...
Oil settles up as signs of US-Iran impasse counter economic concerns
[NEW YORK] Oil prices settled marginally higher on Monday as signs of a breakdown in US talks with Iran over its nuclear programme offset a Moody’s downgrade of the US...