Real Estate
SIA and Scoot among Asia airlines rerouting flights amid flare-up in India-Pakistan hostilities
[SINGAPORE] Singapore Airlines (SIA) and its budget arm Scoot have stopped flying over Pakistani airspace after fighting broke out between Pakistan and neighbouring India. The Singapore carriers have been...
UOB not ‘overly alarmed’ by US tariffs as its trade finance lending is mostly intra-regional: Wee Ee Cheong
[SINGAPORE] A strong balance sheet and capital base will help UOB navigate the uncertainties arising from US tariffs, said deputy chairman and chief executive officer Wee Ee Cheong. Speaking...
UOB not ‘overly alarmed’ by US tariff situation, impact unlikely to match Covid-era: Wee Ee Cheong
[SINGAPORE] A strong balance sheet and capital base will help UOB navigate uncertainties arising from US tariffs, said deputy chairman and chief executive officer Wee Ee Cheong. Speaking at...
Australian dollar hits new five-month high on US-China trade talks
[SYDNEY] The Australian dollar hit a new five-month peak on Wednesday, buoyed by progress in US-China trade talks scheduled for later this week, while the New Zealand dollar found...
China central bank governor says will cut banks’ reserve requirement ratio
Published Wed, May 7, 2025 · 09:42 AM — Updated Wed, May 7, 2025 · 09:52 AM[BEIJING] China’s central bank governor said on Wednesday the bank would cut the...
WeightWatchers files bankruptcy as GLP-1 drugs reshape market
Prepackaged bankruptcies generally allow companies to exit Chapter 11 quickly and without disruption to their business or unsecured creditorsPublished Wed, May 7, 2025 · 09:05 AM[NEW YORK] WeightWatchers, known...
Stocks to watch: UOB, FLCT, Aims Apac Reit, Acrophyte Hospitality Trust, Sats
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 7).UOB: The bank’s net profit for its first quarter was flat amid...
Trump hosts LVMH boss as tariffs threaten luxury goods
Published Wed, May 7, 2025 · 07:58 AM[WASHINGTON] Donald Trump hosted the head of luxury giant LVMH, Bernard Arnault, at the White House on Tuesday as the group confronts...