Technology
OCBC merges stockbroking businesses into global markets division
[SINGAPORE] OCBC will integrate its securities business, which is under its stockbroking subsidiaries, into its global markets division on Jul 1, 2025.This is a strategy of the bank to...
Citing worsening macro conditions, Frasers Property renews bid to take Frasers Hospitality Trust private
[SINGAPORE] Frasers Property is proposing to privatise Frasers Hospitality Trust (FHT) at S$0.71 per stapled security, due to FHT’s inability to improve the distribution and growth of the trust...
Cariflex expands capacity in S-E Asia with launch of world’s biggest polyisoprene latex plant in Singapore
[SINGAPORE] Synthetic rubber latex maker Cariflex has officially inaugurated its new plant in Singapore, furthering its supply-chain resilience and market penetration in South-east Asia.The region, which contributes over 75...
Asia: Markets swing as China-US trade euphoria fades
[HONG KONG] Asian stocks fluctuated on Wednesday, with investors struggling to track a strong day on Wall Street as euphoria over the China-US trade detente petered out.But while the days...
Beijing has issued first rare earth magnet export permits, Volkswagen suppliers on the list
[BEIJING] China has issued export permits to at least four rare earth magnet producers including suppliers to Volkswagen, the German carmaker and industry sources said, the first granted since...
Gold falls as easing Sino-US trade woes dulls safe-haven appeal
Published Wed, May 14, 2025 · 09:25 AM[BENGALURU] Gold prices edged lower on Wednesday (May 14) as softening trade tension between the US and China weakened safe-haven demand, while...
United Hampshire US Reit posts 1.4% lower distributable income at US$6.3 million
[SINGAPORE] United Hampshire US Reit’s distributable income for the first quarter ended Mar 31 declined 1.4 per cent to US$6.3 million, from US$6.4 million in the previous corresponding period.The...
US Federal Reserve to stay patient amid cooling trade war and inflation
TAMER-THAN-EXPECTED inflation and a significant de-escalation of a US-China trade war are easing fears of a sharp squeeze on American households and businesses in coming months, prompting Wall Street...
