Leadership
Japan’s Nikkei down nearly 4% on slowdown fears as US tariffs kick in
[TOKYO] Japan’s Nikkei share average slipped on Wednesday (Apr 9), ending nearly 4 per cent lower in a broad sell-off, as traders gauged concerns over a potential economic slowdown...
China engineers orderly yuan drop as trade war threatens growth
[NEW YORK] China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the trade war...
Asia’s trade-sensitive currencies whipsaw amid tariff turmoil
[MELBOURNE/SEOUL] Asia’s trade-sensitive currencies swung around multiyear lows as the region reels from US President Donald Trump’s tariff policies that risk pushing the global economy into recession. The Bloomberg...
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...
