Leadership
US: Wall Street advances on trade hopes, data shows investor pessimism
[NEW YORK] Wall Street’s main indices rose on Friday (May 16) for their fifth straight day, buoyed by the US-China tariff truce earlier in the week even as economic...
Singtel sells 1.2% direct stake in India’s Bharti Airtel for S$2 billion
[SINGAPORE] Telecommunications service provider Singtel has sold around 1.2 per cent of its direct stake in regional associate Bharti Airtel for S$2 billion. This is part of its active...
Trump announces US$14.5 billion Etihad order for 28 Boeing planes with GE engines
Published Fri, May 16, 2025 · 01:24 PMUS PRESIDENT Donald Trump on Thursday announced deals totaling more than US$200 billion between the United States and the United Arab Emirates,...
Genting Singapore shares are undervalued despite drop in earnings, Morningstar says
[SINGAPORE] Genting Singapore’s shares are undervalued despite its recent weak earnings, but the new attractions being lined up could drive earnings growth, analysts said. Morningstar’s senior equity analyst, Jennifer...
ByteDance aims to match Meta sales in 2025 as TikTok gains steam
Its flagship Chinese video platform Douyin is grappling with waning consumption and advertising spending across the world’s second-largest economyPublished Fri, May 16, 2025 · 11:10 AM[HONG KONG] ByteDance is...
HPL jumps almost 10% in heavy trade; SGX RegCo seeks explanation, suggests trading halt if needed
[SINGAPORE] Shares of Hotel Properties Ltd (HPL) jumped almost 10 per cent in active trading on Friday morning (May 16), prompting queries from Singapore Exchange Regulation (SGX RegCo).At about...
Mapletree Industrial Trust divests three Singapore industrial assets for S$535.3 million
[SINGAPORE] Mapletree Industrial Trust (MIT) divested three of its Singapore industrial properties to Brookfield Asset Management for S$535.3 million, the real estate investment trust’s (Reit) manager announced on Friday...
Chinese disinflation wave is set to boost emerging-market bonds
[ZURICH/SINGAPORE] A wave of Chinese exports redirected towards emerging markets is likely to help crimp inflation across the developing world and bolster longer-maturity bonds, fund managers say.Goods from the...
