Leadership

Europe: Shares notch best session since November 2022 after tariff-sparked pullback
Europe: Shares notch best session since November 2022 after tariff-sparked pullback
April 8, 2025
EUROPEAN shares rose from 14-month lows on Tuesday, after four straight sessions of heavy selling, although investors continued to closely watch developments as countries responded to sweeping US tariffs.The pan-European Stoxx...
Wall Street braces for souring corporate earnings amid trade war
Wall Street braces for souring corporate earnings amid trade war
April 8, 2025
[NEW YORK] US stocks reeling from the impact of President Donald Trump’s tariffs face another big test starting later this week: corporate earnings. And they’re not looking good.  Investors...
UOB to inject fresh capital of 2 trillion dong into Vietnam unit, build new headquarters in Ho Chi Minh City
UOB to inject fresh capital of 2 trillion dong into Vietnam unit, build new headquarters in Ho Chi Minh City
April 8, 2025
[SINGAPORE] United Overseas Bank (UOB) said on Tuesday (Apr 8) that it will inject additional fresh capital of two trillion dong (S$104 million) into its Vietnam subsidiary, bringing its...
DBS sees more trade flows in Asia, Africa post Trump’s tariffs
DBS sees more trade flows in Asia, Africa post Trump’s tariffs
April 8, 2025
[KUALA LUMPUR] Singapore’s biggest bank DBS expects more trade flows between Asia, the Middle East and Africa, with the lender planning to support such business amid the latest rounds...
Rich Asian investors opt to unwind holdings amid margin calls
Rich Asian investors opt to unwind holdings amid margin calls
April 8, 2025
[SINGAPORE] Some wealthy clients at Asia’s top private banks are opting to unwind part of their equity investments instead of topping up collateral after the tumult in global markets...
Oil prices sink to 2021 lows as tariff war fans recession fears
Oil prices sink to 2021 lows as tariff war fans recession fears
April 8, 2025
[SINGAPORE] Crude oil prices have plunged to their lowest levels since 2021, when Covid curbs hurt business activity, amid an escalating tariff crisis that is fuelling trade war recession...
IBM launches new mainframe in bet that some data stays local
IBM launches new mainframe in bet that some data stays local
April 8, 2025
The intense computational requirements of generative AI have increased demand for many kinds of tech hardware[NEW YORK] International Business Machines (IBM) unveiled its latest mainframe system, saying that a...
Finian Tan on US.3 million duped in alleged nickel scam
Finian Tan on US$33.3 million duped in alleged nickel scam
April 8, 2025
[SINGAPORE] Well-known venture capitalist Finian Tan told the High Court on Tuesday (Apr 8) that he was red-faced by the loss to alleged fraudster Ng Yu Zhi. “I am embarrassed...
Asia: Markets stage mild rebound but Trump tariff uncertainty reigns
Asia: Markets stage mild rebound but Trump tariff uncertainty reigns
April 8, 2025
[HONG KONG] Asian markets battled on Tuesday to recover from the previous day’s tariff-fuelled collapse, though Donald Trump’s warning of more measures against China and Beijing’s vow to fight...
South Korea eyes boosting energy imports to cut surplus with US
South Korea eyes boosting energy imports to cut surplus with US
April 8, 2025
[SEOUL] A top South Korean trade official said the government is reviewing multiple packages to present to the Trump administration as it seeks to reduce a trade surplus with...