Leadership
TSMC could face US$1 billion or more fine from US probe: sources
TAIWAN Semiconductor Manufacturing Company (TSMC) could face a penalty of US$1 billion or more to settle a US export control investigation over a chip it made that ended up...
RBNZ delivers fifth straight rate cut, signals more to come
The Monetary Policy Committee is now chaired by governor Christian Hawkesby, who has taken the role on an interim basis following the shock resignation of Adrian Orr last month[WELLINGTON]...
Singapore’s STI stumbles over 2% as Trump’s 104% tariff hit on China kicks in
[SINGAPORE] Singapore stocks slid further on Wednesday (Apr 9) following this week’s rout, with US President Donald Trump’s reciprocal tariffs officially put in place. The tariffs, which include a...
Gold eases as Treasury yields climb; trade war in focus
[BENGALURU] Gold prices eased on Wednesday (Apr 9) as US Treasury yields ticked higher, while anxious investors monitored the escalating trade war between the US and its key trading...
Sembcorp enters JV with Bharat Petroleum for renewable energy projects
[SINGAPORE] Sembcorp Green Hydrogen India, a wholly owned subsidiary of Sembcorp Industries, has entered a joint venture (JV) deal with Indian oil and gas company Bharat Petroleum for renewable...
China’s EV boom masks economic pain for major auto hubs
[HONG KONG] China’s world-beating electric vehicle (EV) boom is masking lopsided economic gains, with manufacturing hubs that rely on foreign carmakers falling behind cities that are home to hugely...
After Trump tariffs, Malaysia gloves could be priced out in non-US markets
[SINGAPORE] Glove makers in Malaysia are more likely to weather the tariff-induced storm as the duties imposed on the country’s exports to the United States are lower than other...
Europe: Shares notch best session since November 2022 after tariff-sparked pullback
EUROPEAN shares rose from 14-month lows on Tuesday, after four straight sessions of heavy selling, although investors continued to closely watch developments as countries responded to sweeping US tariffs.The pan-European Stoxx...
