Leadership

Push to allow Norway’s wealth fund to invest in defence companies falters
Push to allow Norway’s wealth fund to invest in defence companies falters
May 7, 2025
[OSLO] Opposition efforts to allow Norway’s US$1.8 trillion wealth fund, the world’s largest, to invest in large defence companies appear to be faltering, according to lawmakers involved in the...
Rivian cuts EV delivery outlook, sees tariff impact
Rivian cuts EV delivery outlook, sees tariff impact
May 7, 2025
[AUSTIN] Rivian Automotive said full-year deliveries will decline more sharply than it anticipated just a month ago, citing risks that US President Donald Trump’s trade war will further dampen...
World’s trade superhighway feels strain from US-China decoupling
World’s trade superhighway feels strain from US-China decoupling
May 7, 2025
[HONG KONG] Container liners are starting to sever shipping routes that link the US and China across the Pacific, as US President Donald Trump’s trade war upends the industry...
Nvidia CEO says China AI market is on course to hit US billion
Nvidia CEO says China AI market is on course to hit US$50 billion
May 7, 2025
Jensen Huang is lobbying against the tightening of restrictions on his company and peers that limit their access to China, the biggest market for semiconductorsPublished Wed, May 7, 2025...
China ramps up monetary stimulus ahead of US trade meeting
China ramps up monetary stimulus ahead of US trade meeting
May 7, 2025
[BEIJING] Chinese authorities on Wednesday announced a raft of stimulus measures, including interest rate cuts and a major liquidity injection, as Beijing steps up efforts to soften the economic...
Frasers Logistics & Commercial Trust posts 13.8% lower H1 DPU of Salt=
Frasers Logistics & Commercial Trust posts 13.8% lower H1 DPU of S$0.03 amid challenges in commercial portfolio
May 7, 2025
[SINGAPORE] Frasers Logistics and Commercial Trust (FLCT) on Wednesday (May 7) posted a 13.8 per cent fall in distribution per unit (DPU) to S$0.03 for its first half ended...
Acrophyte Hospitality Trust Q1 revenue falls 7.7% to US.5 million
Acrophyte Hospitality Trust Q1 revenue falls 7.7% to US$33.5 million
May 7, 2025
[SINGAPORE] Acrophyte Hospitality Trust’s revenue for the first quarter of 2025 fell 7.7 per cent to US$33.5 million, from US$36.2 million in Q1 2024. In a business update on...
Stocks to watch: UOB, Sats, FLCT, Aims Apac Reit, Acrophyte Hospitality Trust
Stocks to watch: UOB, Sats, FLCT, Aims Apac Reit, Acrophyte Hospitality Trust
May 7, 2025
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 7).UOB: The bank’s net profit for its first quarter was flat amid...
National Australia Bank’s first-half cash earnings up 1% on lending volume growth
National Australia Bank’s first-half cash earnings up 1% on lending volume growth
May 6, 2025
Published Wed, May 7, 2025 · 06:49 AMNATIONAL Australia Bank, the country’s biggest business lender, said on Wednesday its first-half cash earnings rose 1 per cent, helped by growth...
Oil rises 3% on signs of more Europe and China demand, less US output
Oil rises 3% on signs of more Europe and China demand, less US output
May 6, 2025
[NEW YORK] Oil prices climbed about 3 per cent on Tuesday on signs of higher demand in Europe and China, lower production in the US, tensions in the Middle East...