News
Budget 2025: Tax incentives to beef up equities market could have ‘limited impact’, say industry experts
The government will introduce three tax incentives targeting corporate listings, fund manager listings and fund managers’ qualifying income arising from funds investing substantially in Singapore-listed equities.The moves are part...
Gold market ructions spur spike in Singapore exports to the US
GOLD shipments from Singapore to the US climbed to the highest level in almost three years in January, a further sign of the ructions in bullion trading after pricing...
Asia: Tech rally helps Hong Kong lead markets higher
HONG Kong resumed its tech-led rally on a healthy day for Asian markets on Tuesday (Feb 18) as a meeting between President Xi Jinping and China’s top business leaders...
Sri Trang Gloves back in the black with 556.7 million baht in Q4 net profit
GLOVE maker Sri Trang Gloves (Thailand) posted a net profit of 556.7 million baht (S$22.1 million) in the fourth quarter ended Dec 31, 2024, a turnaround from its net...
SIA Group logs 8.6% growth in January passenger traffic on Chinese New Year travel rush
NATIONAL carrier Singapore Airlines (SIA) and its low-cost arm Scoot carried more passengers and cargo in January 2025 compared with the same period a year ago, according to SIA...
TikTok grabs US market share from Shein despite looming risks
TIKTOK Shop, the Bytedance-owned social media giant’s e-commerce feature, saw its sales outdo competition in the US just before President Donald Trump’s disruptive trade actions.
The popular video app, which...
ECB watchers are now forecasting even lower rates for 2026
Economists expect 0.9 per cent expansion in the euro area this year, down from 1 per cent in the previous pollEURO-ZONE forecasters are increasingly predicting that the European Central...
Evergrande, HNA units ordered to liquidate by Hong Kong’s judge
UNITS of two high-profile Chinese companies received Hong Kong court orders to liquidate, the latest in a string of wind-up decisions in the city as creditors ramp up their...
Indonesia’s INA, Japan’s DBJ launch hybrid fund for mid-sized businesses
Indonesia has emerged as a crucial market for several Japanese financial institutions in South-east Asia to expand their businesses in the countryINDONESIA Investment Authority (INA), the country’s first sovereign...
Gold gains as investors eye Trump tariff moves
GOLD prices edged higher on Monday (Feb 17) after falling more than 1 per cent in the previous session as market participants awaited more insights on US President Donald...
Singapore shares open higher on Monday; STI up 0.3%
SINGAPORE equities began Monday (Feb 17) in positive territory, following mixed performance in the US and Europe last Friday. As at 9.01 am, the Straits Times Index (STI) rose...
SingPost appoints former execs of SGX and SIA Engineering as non-executive, independent directors
This comes months after the firing of three senior management executives over their negligence in handling internal investigations related to a whistleblower’s reportSINGAPORE Post (SingPost) on Monday (Feb 17)...