Leadership
China, Hong Kong stocks close the week lower on fresh Trump tariffs, focus on NPC meeting
CHINA and Hong Kong equities closed the week lower, ending weeks of gains, as US President Donald Trump announced fresh tariffs on Chinese imports, while investors booked profit on...
Ong Beng Seng to plead guilty on Apr 2
PROPERTY tycoon Ong Beng Seng, 79, has decided to plead guilty. He faces two criminal charges in relation to dealings with former minister S Iswaran. The first charge, for...
Indonesia’s move to control coal prices faces Chinese pushback
THE Indonesian government’s plan to regulate the price of coal exports is facing pushback from its largest customer, as firms in China baulk at paying higher costs as other...
Asian chip shares tumble on Nvidia earnings, tariff fears
A POOR market reception of Nvidia’s earnings and the spectre of additional US tariffs have knocked down Asian chip stocks, dragging Japan’s tech-heavy Nikkei average down to its lowest...
Bank of Japan vows to keep tapering bond buying despite rise in yields
THE Bank of Japan (BOJ) will keep tapering its government bond purchases despite recent rises in yields, deputy governor Shinichi Uchida said on Friday (Feb 28), stressing its huge...
Gold set for first weekly drop in nine; focus on US inflation data
GOLD edged higher on Friday (Feb 28) but was set to snap an eight-week winning streak on a stronger US dollar, while investors turned their focus to a key...
Singapore hedge fund with 33% gain bets big on Suzuki Motor
Suzuki’s shares have more than doubled since a 2022 low, beating the MSCI world auto benchmark’s 2.9 per cent riseA SINGAPORE-BASED hedge fund that beat the market with a...
Zheneng Jinjiang H2 profit surges over 26 times to 411.6 million yuan; S$0.023 cash dividend per share proposed
CHINA-BASED waste treatment group Zheneng Jinjiang Environment reported a net profit of 411.6 million yuan (S$76.2 million) for the second half ended Dec 31, rising more than 26 times...
