Lifestyle
Global bond rout starting to sound market alarm bells
[SINGAPORE/LONDON] US Treasuries, the bedrock of the global financial system, were hit by fresh selling pressure on Wednesday (Apr 9) in a sign that investors were dumping their safest...
Grab, Sea seen as defensive stocks as they’re not exposed to direct trade links with US
[SINGAPORE] Singapore-headquartered tech giants Grab and Sea – both listed in the US – have not been spared amid a wider market sell-off sparked by “reciprocal tariffs” announced by...
China’s central bank asks state lenders to reduce dollar purchases: sources
[BEIJING] China’s central bank will not allow sharp renminbi declines and has asked major state-owned banks to reduce US dollar purchases, people with direct knowledge of the matter said...
Bank Indonesia will act boldly to maintain rupiah stability
[JAKARTA] Indonesia’s central bank will act boldly to maintain rupiah stability by intervening in the spot, domestic non-deliverable forwards, and bond markets, a deputy governor said on Wednesday (Apr...
Tariff woes spark S-Reits sell-off on Wednesday
[SINGAPORE] Singapore-listed real estate investment trusts, or S-Reits, slumped on Wednesday (Apr 9) afternoon, with almost all counters in the red. Among the biggest losers were industrial S-Reits. Mapletree...
Malaysia’s Khazanah says hard to exit private assets right now
Trump’s administration has imposed a 24 per cent levy on imports from Malaysia as part of broader measures by the US to counter what it said were large imbalances...
Singapore banks face nickel questions
[SINGAPORE] Singapore’s three banks have come under an uncomfortable spotlight for their financing of Indonesia’s Harita Nickel, a mining company whose smelters and refineries are primarily coal-powered.The attention is...
Hon Hai makes case to build EVs for Japan’s automobile industry
[TOKYO] Hon Hai Precision Industry wants Japan’s carmakers to know it’s willing to assemble electric vehicles (EVs) for them, similar to how it makes PlayStations for Sony Group and...
