News
RHB names its S-Reit top picks on softer interest cost pressures, minimal tariff impact
[SINGAPORE] RHB analysts maintained their “overweight” call on Singapore-listed real estate investment trusts (S-Reits) amid “softer interest cost pressures” – particularly for Singapore-centric Reits. This comes as most S-Reits under...
Australia’s central bank cuts rates to two-year low of 3.85%
Published Tue, May 20, 2025 · 01:05 PM[SYDNEY] Australia’s central bank on Tuesday cut its main cash rate by 25 basis points to a two-year low of 3.85 per...
Japan PM hits out at farm minister over free rice claim
[TOKYO] Japanese Prime Minister Shigeru Ishiba on Tuesday reprimanded the farm minister for claiming he never buys rice because he gets it free, provoking the ire of consumers facing soaring...
China EV battery giant CATL’s Hong Kong IPO positive for mainland listings: Morningstar
[SINGAPORE] Chinese electric vehicle battery maker Contemporary Amperex Technology Company Limited (CATL) has drawn strong demand in its Hong Kong IPO on Tuesday - the world’s largest listing this...
CATL rises in Hong Kong trading debut after world’s top listing in 2025
[HONG KONG] Contemporary Amperex Technology Co Limited (CATL) rose in its Hong Kong trading debut after the Chinese battery giant wrapped up the world’s biggest listing this year by...
Top Vietnam steelmaker says local building boom will fuel growth
[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...
FAA investigating after Newark air traffic control suffered two-second outage
Published Tue, May 20, 2025 · 07:59 AMTHE Federal Aviation Administration said the facility that handles Newark air traffic on Monday lost radio frequencies for about two seconds, the...
GM to stop exporting vehicles from US to China, company says
Published Tue, May 20, 2025 · 07:09 AM[DETROIT] General Motors informed employees and dealers for its China export business on Thursday in China that it would stop shipping vehicles...
Actors’ union sues ‘Fortnite’ over AI Darth Vader
[LOS ANGELES] An actors’ union is suing the makers of the Fortnite video game over the use of AI to create an interactive Darth Vader, it said on Monday.Fortnite...
Europe: Stocks subdued as corporate news outweighs US credit downgrade
EUROPEAN stocks closed flat on Monday, following a five-week winning streak, as declines from a surprise US credit rating downgrade were offset by upbeat corporate updates.The pan-European Stoxx 600 index...
