News
Deutsche Bank posts 39% rise in first-quarter profit
Published Tue, Apr 29, 2025 · 01:23 PM[FRANKFURT] Deutsche Bank on Tuesday posted a 39 per cent rise in first-quarter profit after its global investment banking division generated a big increase...
HSBC sounds Trump tariff alarm, taking shine off stellar Q1 profit and buyback plans
HSBC warned that loan demand and credit quality could suffer from the broader fallout of US President Donald Trump’s global trade war, signalling tougher times for trade-focused banks even...
These Singapore names are potential winners from election Budget, tariff volatility: Maybank
[SINGAPORE] The Republic’s domestic-oriented stocks could emerge as spillover beneficiaries amid tariff volatility in spite of Singapore’s high trade dependency, said Maybank. That includes sectors such as property and...
Gold falls on easing trade war concerns; US data awaited
Published Tue, Apr 29, 2025 · 10:47 AM[BENGALURU] Gold prices fell on Tuesday (Apr 29) as easing trade tensions between the US and its trading partners dented the metal’s...
Indonesian bonds set for first foreign outflows in five months
[JAKARTA] Indonesia’s sovereign bond market is on course for its first monthly foreign outflows of the year as economic instability and a falling rupiah erode investor confidence. Foreign investors...
Stocks to watch: Capitaland Ascendas Reit, Sats, Frasers Centrepoint Trust, First Sponsor, Stoneweg Reit, UOI, LMIRT
[SINGAPORE] The following companies saw new developments that may affect trading of its securities on Tuesday (Apr 29):CapitaLand Ascendas Reit (Clar): It reported a growth in portfolio rental reversions...
Pirelli sidelines Chinese owner in clash over firm control
[MILAN] Pirelli took a first step to distance itself from its main investor, declaring on Monday (Apr 28) that China’s Sinochem no longer has control over the Italian tyre...
Sony weighs chip spinoff that Dan Loeb called for years ago
For the chip business, which makes industry-leading image sensors that go into cameras inside Apple and Xiaomi phones, a spinoff could give it greater flexibility to make faster business...
Alibaba rolls out latest flagship AI model in post-DeepSeek race
[BEIJING] Alibaba Group Holding took the wraps off a new version of its flagship Qwen AI model, sustaining the breakneck pace of development that’s characterised China’s artificial intelligence (AI)...
S&P removes Boeing’s rating from CreditWatch negative on improving aircraft production
Published Tue, Apr 29, 2025 · 06:59 AMS&P has removed Boeing’s rating from CreditWatch negative on improving aircraft production and lower cash burn, the global ratings agency said on...
First Sponsor reports subdued market sentiments affecting China property development in Q1 2025
It remains cautiously optimistic that government support this year will contribute to gradual market recovery in country[SINGAPORE] First Sponsor reported that weak market sentiments in the first quarter of...
