News
Hot, dry weather threatens output in China’s wheat-growing belt
Drought in the country’s northern grains production region is set to continue in the next ten days, while heavy rains are forecast to batter some areas in southern China...
Amazon’s Zoox to scale up robotaxi production for US expansion
Published Wed, May 7, 2025 · 01:11 PMAMAZON’S self-driving start-up Zoox will increase production next year as it ramps up plans for a commercial rollout of its robotaxi fleet...
UOB not ‘overly alarmed’ by US tariffs as its trade finance lending is mostly intra-regional: Wee Ee Cheong
[SINGAPORE] A strong balance sheet and capital base will help UOB navigate the uncertainties arising from US tariffs, said deputy chairman and chief executive officer Wee Ee Cheong. Speaking...
These Singapore stocks were the most bought and sold by retail investors in volatile April
[SINGAPORE] Traders rode a wave of sharp swings in Singapore stocks in April, as tariff-driven volatility saw investors go both risk-off and return to the market to buy large...
China central bank governor says will cut banks’ reserve requirement ratio
Published Wed, May 7, 2025 · 09:42 AM — Updated Wed, May 7, 2025 · 09:52 AM[BEIJING] China’s central bank governor said on Wednesday the bank would cut the...
Trump hosts LVMH boss as tariffs threaten luxury goods
Published Wed, May 7, 2025 · 07:58 AM[WASHINGTON] Donald Trump hosted the head of luxury giant LVMH, Bernard Arnault, at the White House on Tuesday as the group confronts...
Oil rises 3% on signs of more Europe and China demand, less US output
[NEW YORK] Oil prices climbed about 3 per cent on Tuesday on signs of higher demand in Europe and China, lower production in the US, tensions in the Middle East...
Citigroup to partner with Swiss bourse in private markets push
Sygnum Bank and Singapore-based SBI Digital Markets will distribute the pre-IPO equities to their institutional and eligible investors in Europe and Asia, respectivelyPublished Tue, May 6, 2025 · 07:19...
Singapore shares end higher on Tuesday ahead of FOMC meeting; STI up 0.2%
Singtel is the top gainer on the benchmark index while Yangzijiang Shipbuilding, which is trading ex-dividend, falls the most[SINGAPORE] Stocks on the local bourse ended higher on Tuesday (May...
Lamborghini quarterly revenue up 29.6% as hybrid models boost deliveries
Published Tue, May 6, 2025 · 05:27 PM[ROME] Italian luxury sports carmaker Lamborghini reported on Tuesday a 29.6 per cent jump in revenue to 895.2 million euros (S$1.3 billion),...
Why a US-listed video game firm is paying a premium for a Singapore-based tech products distributor
[SINGAPORE] For over 30 years, one little-known wholesaler and distributor of technology products – including IT accessories, gaming components and smart technology – steadily built up its distribution network....
