Fashion
Prime US Reit distributable income for Q1 2025 down 30% at US$8.4 million
[SINGAPORE] Prime US Reit’s distributable income fell 30 per cent to US$8.4 million, from US$12 million in the year-ago period. On a same-store basis, income available for distribution declined by...
Greenback’s relief rally from US-China tariff truce is but a brief blip: analysts
[SINGAPORE] Traders rewarded the US dollar with gains against major Asian currencies after trade tensions between Beijing and Washington thawed – but the greenback could soon be singing the...
China removes ban on Boeing deliveries after US trade truce
[NEW YORK] China has removed a month-long ban on airlines taking delivery of Boeing planes, according to sources familiar with the matter, following a breakthrough in trade talks with...
China’s Meituan to start Brazil business with US$1 billion budget
The agreement takes one of China’s largest tech corporations into South America, after a rapid expansion into first Hong Kong, then the Middle EastPublished Tue, May 13, 2025 ·...
Bank of Japan upbeat on wages despite US tariffs, sees scope to resume rate hikes
[TOKYO] The Bank of Japan expects wages and prices to keep rising even as the uncertainty over US tariff policy weighs on the economy, its deputy governor Shinichi Uchida...
Coinbase to join S&P 500 next week in crypto-market milestone
[NEW YORK] Coinbase Global, the largest US cryptocurrency exchange, will be added to the S&P 500 Index in the latest milestone for the booming digital asset industry.The company will...
Singapore’s STI jumps 1.8% on US-China tariff truce; bank shares soar
[SINGAPORE] Asian markets continued their rally on Tuesday (May 13) as investors cheered the announcement that the US and China would temporarily lower tariffs on each other’s products in...
Stocks to watch: ThaiBev, Seatrium, SIA Engineering, StarHub, Sinarmas Land, Frasers Property, FHT, Cordlife
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (May 13). Thai Beverage: The Chang beer maker announced on Friday that its...
TikTok, Meta face tough curbs in Asia even as US efforts stall
[HONG KONG] Some of the toughest new laws attempting to rein in TikTok, Instagram and Snapchat are not coming from Washington or Brussels. They are emerging from capitals such...
US tariffs to weigh on economy despite recent reprieve: Federal Reserve official
[WASHINGTON] Washington and Beijing’s agreement to temporarily reduce tit-for-tat tariffs marks an improvement for trade, but levels remain high and are likely to weigh on economic growth, said a...
