Leadership
TSMC unit to issue US$10 billion of stock to counter forex swings
The moves grant TSMC Global more capital flexibility in managing exchange rate risksPublished Wed, Jun 25, 2025 · 07:14 PM[TAIPEI] Taiwan Semiconductor Manufacturing Co’s overseas unit is set to...
Thailand moves to recriminalise cannabis, shaking US$1b industry
[BANGKOK] Thailand’s government is moving to recriminalise cannabis, plunging into limbo an industry estimated to be worth over US$1 billion that has boomed since the substance was taken off...
Singapore Airlines CEO’s latest annual pay drops 14% to S$7 million despite record performance
[SINGAPORE] Singapore Airlines (SIA) paid its chief executive Goh Choon Phong S$7 million in remuneration for the latest financial year ended March 31, the carrier disclosed in its annual...
DBS, CapitaLand and more: Singapore’s long-term wealth creation set to boost local stocks, says Morgan Stanley
[SINGAPORE] As Singapore reaches its 60th birthday, Morgan Stanley said the city-state is “primed for wealth creation”.That could unlock real gains for investors, the investment bank said in a...
Trump’s chip tariff threat sparks pushback from auto industry to tech
[WASHINGTON] Blowback to US President Donald Trump’s idea of tariffs on imported semiconductors is proving to be broad and deep, stretching from auto companies and boat makers to the...
Labubu’s Pop Mart share tumble does not faze analysts, who flag company’s growth story
[SINGAPORE] Analysts are still bullish on Chinese toy company favourite – Pop Mart International Group – despite its recent share price plunge, in view of its sustained popularity as...
Oil trades on fear, not just barrels, as geopolitics and prediction markets take hold
[SINGAPORE] When even Goldman Sachs is tracking crypto-based prediction platform Polymarket to get a read on the risks facing oil markets, you know something’s shifted.On Monday (Jun 23), Goldman...
Europe: Stocks hit one-week highs on Middle East ceasefire
[BENGALURU] European stocks soared on Tuesday (Jun 24), buoyed by a ceasefire between Israel and Iran, while a slump in oil prices dragged energy stocks lower.The pan-European Stoxx 600...
Frasers Centrepoint Trust prices S$200 million perpetual securities at 3.98%
[SINGAPORE] Frasers Centrepoint Trust’s (FCT) trustee HSBC Institutional Trust Services has priced S$200 million subordinated perpetual securities at 3.98 per cent under its S$3 billion multicurrency debt issuance programme....
