Lifestyle
Investors face ‘pain trade’ amid China stimulus: Barclays
INVESTORS who have snubbed stocks tied to Chinese growth may face a “pain trade” after the world’s second-biggest economy unleashed a new stimulus package and the Federal Reserves cut...
Sea freight rates could ride crest of looming US port strike to reverse slide
A strike in the US East and Gulf-Coast ports could hit more than half of US imports and 15 per cent of the global container fleet capacity, HSBC saysOCEAN...
Hedge funds now employ more than 1,000 people in Dubai
An influx of some of the world’s biggest hedge funds, from Millennium Management to Balyasny Asset Management, has pushed the industry’s headcount in Dubai to over 1,000, burnishing the...
Meituan raises US$2.5 billion in dollar bonds in China’s first tech debt deal of 2024
MEITUAN, China’s biggest delivery platform, has raised US$2.5 billion in a two-tranche US dollar bond deal, according to its regulatory filings on Wednesday (Sep 25), in the country’s first...
Chinese EV maker Nio slams ‘unreasonable’ US, EU tariffs
NIO founder William Li hit out at the European Union and the US, saying their moves to level tariffs on electric cars are unreasonable and urged them to cooperate...
Asia: Markets boosted again after another Chinese rate cut
MOST Asian markets built on a global rally on Wednesday as China announced another interest rate cut the day after unveiling a series of measures to boost the country’s...
Gold stays near record high on Middle East risks, softer US dollar
GOLD prices were steady near record highs on Wednesday (Sep 25), as a weaker US dollar and an escalated conflict in the Middle East lifted bullion’s safe-haven appeal, while...
Singapore shares open lower on Wednesday; STI down 0.4%
SINGAPORE stocks began Wednesday (Sep 25) trading in negative territory, despite gains in global equities overnight. As at 9.02 am, the Straits Times Index (STI) shed 14.52 points or...
