Lifestyle

India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
April 17, 2025
The Mumbai-based lender will issue 1.25 billion preference shares to the investorsPublished Thu, Apr 17, 2025 · 01:12 PM[MUMBAI] IDFC First Bank has approved a plan to raise 75...
ECB to cut rates again to help economy overcome trade turmoil
ECB to cut rates again to help economy overcome trade turmoil
April 17, 2025
[FRANKFURT] The European Central Bank (ECB) is expected to cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already...
Bank of Korea holds rate steady after inflation sped up and won wobbled
Bank of Korea holds rate steady after inflation sped up and won wobbled
April 17, 2025
[SEOUL] The Bank of Korea (BOK) held its benchmark interest rate steady to foster stability after consumer inflation unexpectedly picked up and the won weakened to a 16-year low...
Malaysia Airlines parent reports lower profit in 2024
Malaysia Airlines parent reports lower profit in 2024
April 17, 2025
[KUALA LUMPUR] Malaysia Airlines’ parent company Malaysia Aviation Group (MAG) reported a second consecutive annual profit in 2024, but it fell 93 per cent from the previous year due...
EV maker Xpeng charts steady global expansion despite tariff war
EV maker Xpeng charts steady global expansion despite tariff war
April 17, 2025
[HONG KONG] Chinese electric vehicle (EV) maker Xpeng is ramping up its global expansion, despite the intensifying trade war between Washington and Beijing, and the European Union’s punitive tariffs...
PGIM to invest US billion in Asia property, unfazed by tariffs
PGIM to invest US$2 billion in Asia property, unfazed by tariffs
April 17, 2025
[TOKYO] PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific region this year even as Donald Trump’s trade...
Gold continues record rally as trade war woes fuel safe-haven demand
Gold continues record rally as trade war woes fuel safe-haven demand
April 17, 2025
Published Thu, Apr 17, 2025 · 09:24 AM[BENGALURU] Gold extended its record rally on Thursday (Apr 17) as investors sought refuge in safe-haven assets amid an intensifying global trade...
Stocks to watch: CapitaLand Investment, Keppel DC Reit, Nam Cheong, Kore
Stocks to watch: CapitaLand Investment, Keppel DC Reit, Nam Cheong, Kore
April 17, 2025
[SINGAPORE] The following companies saw new developments that may affect trading of its securities on Thursday (Apr 17).CapitaLand Investment (CLI): The real estate investment manager announced on Thursday that...
AMD says US rule on chips to China could cost it US0 million
AMD says US rule on chips to China could cost it US$800 million
April 16, 2025
[SAN FRANCISCO] Chip developer Advanced Micro Devices (AMD) on Wednesday (Apr 16) said it expects new US licensing requirements for semiconductors exported to China to cost it as much...
Europe: Shares close lower as ASML warns US tariffs cloud outlook
Europe: Shares close lower as ASML warns US tariffs cloud outlook
April 16, 2025
[BENGALURU] European shares closed lower on Wednesday (Apr 16), weighed down by semiconductor-related stocks after the world’s biggest chip-making equipment supplier ASML warned that US tariffs were increasing uncertainty...