Leadership
US dollar rises to five-month high, puts heat on yen
THE US dollar touched five-month highs against the pound and euro on Tuesday (Apr 16), a day after hotter-than-expected US retail sales sent Treasury yields higher, raising worries of...
Rupiah plummets to 4-year low, breaches 16,200 per US dollar following week-long Eid break
[JAKARTA] The Indonesian rupiah skidded past another fresh four-year low on Tuesday (Apr 16), prompting its central bank to intervene as activity resumed after a seven-day break for the...
Honda to launch next-generation EVs in China by 2027
JAPAN’S Honda Motor plans to launch six next-generation electric vehicle (EV) models branded Ye in China by 2027, the automaker said on Tuesday (Apr 16).
It added that it also...
Asia: Equities sink, oil rallies on fears of Iran-Israel conflict
ASIAN stocks fell and oil prices climbed on Tuesday on growing fears of a wider war in the Middle East after Israel’s army chief vowed a response to Iran’s...
Seized Sentosa plot in S$3 billion money laundering probe goes on sale as OCBC seeks loan recovery
A PARCEL of land on Sentosa, seized amid the S$3 billion money laundering probe, will be sold by OCBC Bank as it attempts to recover over S$20 million in...
FBI opens criminal probe in Baltimore bridge collapse; fourth body recovered
THE FBI said on Monday it opened a criminal probe into the collapse of a Baltimore bridge in March when a ship crashed into a bridge support, while local...
Record bond-sale spree fuels profits for Goldman, Citi, JPMorgan
BANKS are getting an earnings boost from underwriting fees as companies sell debt in the US at a record pace.The issuance spree helped to generate US$699 million of debt-underwriting...
Oil prices slip after Iran attack, US economic data
OIL prices slipped lower on Monday after Iran’s weekend attack on Israel proved to be less damaging than anticipated, easing concerns of a quickly intensifying conflict that could displace crude...
