Real Estate
Walmart keeps price pressure on suppliers after Beijing pushback
[NEW YORK] Walmart is continuing to push Chinese suppliers to cut prices to offset US President Donald Trump’s tariffs, even after Beijing officials summoned the US retailer’s executives last...
Hong Kong considers new OTC stock market for delisted companies
[HONG KONG] Hong Kong is drafting rules for an over-the-counter (OTC) market for delisted shares to give investors at risk of owning a growing pile of nearly worthless securities...
Australian, New Zealand dollars exposed to collateral damage from tariff fallout
[SYDNEY] The Australian and New Zealand dollars were left adrift on Wednesday as investors awaited details on US tariffs that could well trigger a global trade war, dragging on...
Can DBS turn Panin Bank around? Analysts think so.
[SINGAPORE] A potential acquisition of Indonesia’s Panin Bank could benefit from DBS’ strong track record of turning around unprofitable targets, and is a good place for South-east Asia’s biggest...
Fu Yu seeks claims against six individuals after probe
[SINGAPORE] Components manufacturer Fu Yu is pursuing claims against six individuals, including its largest shareholder Victor Lim, over a probe into its unit that made unverifiable arrangements for a...
Sembcorp unit proposes to more than double stake in power supplier Senoko Energy
[SINGAPORE] Sembcorp Industries is moving to raise its stake in energy supplier Senoko Energy that could potentially more than double its interest in the company. Its wholly owned subsidiary Sembcorp...
South Korea financial watchdog chief offers to resign after veto on shareholder interests
[SEOUL] The head of South Korea’s financial watchdog said on Wednesday he had offered to resign, a day after the acting president vetoed a revised Commercial Act that would...
Alibaba preparing for flagship AI model release as soon as April
OpenAI, Google and Anthropic have similarly released a flurry of new models in recent weeks[NEW YORK] Alibaba Group Holding is planning to release Qwen 3, an upgraded version of...
