Lifestyle
US: Wall St opens sharply lower, S&P 500 nears bear market territory
[NEW YORK] Wall Street’s main indexes opened sharply lower on Monday (Apr 7), with the S&P 500 on track to confirm bear market territory, as investors sought refuge in...
Exxon CEO Woods compensation rose 19% in 2024
Woods’ pay package is about 231 times the average compensation of US$190,266 received by the oil major’s workers[NEW YORK] ExxonMobil CEO Darren Woods’ pay package for 2024 rose 19.3...
Singapore shares close lower on Monday; STI tumbles 7.5%
Across the broader market, decliners outnumber advancers 612 to 137, with 2.7 billion shares worth S$4.2 billion changing hands[SINGAPORE] All 30 constituents of the Straits Times Index (STI) closed...
Credit gauges in Asia show most concern since early pandemic
Credit-default swaps in Asia blew out the most since the worsening of the Covid-19 pandemic in 2020, as a rout in risk assets deepened following US President Donald Trump’s...
China LPG buyers’ rush to replace US flows sends prices soaring
Diversions or outright purchases of shipments from other origins will come at a hefty price[BEIJING] Chinese liquefied petroleum gas buyers have prompted a price surge as they scramble to...
Australian shares drop 4% in worst session since pandemic on Trump tariff shock
[SYDNEY] Australian shares plunged on Monday (Apr 7), in their worst session since the pandemic began, as sweeping US tariffs under President Donald Trump fuelled recession fears and wiped...
Star Entertainment agrees to take-control offer from Bally’s: AFR
AUSTRALIA’S Star Entertainment has agreed to a refinancing deal that would see US peer Bally’s take control of the embattled casino operator, the Australian Financial Review (AFR) reported on...
Trump’s tariff ‘medicine’ injects turmoil into global markets
[TOKYO] US President Donald Trump warned foreign governments they would have to pay “a lot of money” to lift sweeping tariffs, characterising the duties as “medicine” and triggering further...
