Technology
SIA Group’s passenger traffic up 5.4% in August
Passenger traffic is at 13.6 billion for the month, compared with 12.9 billion in the corresponding period last year
STI edges down 0.1% on Monday, bucking regional trend
Across the broader market, advancers outnumber decliners 319 to 240 after 1.7 billion shares worth S$1.4 billion change hands[SINGAPORE] The Straits Times Index (STI) inched lower on Monday (Sep...
Hedge fund Arrowpoint seeks US$400 million in new money by March
The performance and fund-raising plans stand out in a market where investors’ appetite for multistrategy, multimanager hedge funds has begun to abate[HONG KONG] Arrowpoint Investment Partners aims to raise...
SGX’s new index needs clear differentiators to avoid being ‘just another index’, say analysts
While it can raise the profile of larger non-STI stocks and attract fund products, analysts call for more clarity on criteria for inclusion[SINGAPORE] Market watchers have floated ideas for...
SingPost launches new retail postal service to US in response to import rule changes
The service offers two flat-rate packaging options, with upfront calculation of duties and taxes[SINGAPORE] Singapore Post (SingPost) will from Monday (Sep 15) launch a new postal service to the...
Hong Kong pitches itself as assembly base for China EV makers
[HONG KONG] Hong Kong is in talks with several Chinese electric-vehicle (EV) makers to establish local EV manufacturing, according to people familiar with the matter, as the financial hub...
US penalises two Chinese companies that acquired tools for chipmaker SMIC
[NEW YORK] The US on Friday (Sep 12) penalised two Chinese firms that acquired US chipmaking equipment for China’s top chipmaker Semiconductor Manufacturing International Corporation (SMIC), including them among...
US: Wall St opens muted after record highs, on track for weekly gains
[NEW YORK] Wall Street indexes opened subdued on Friday (Sep 12) after notching record highs in the previous session, though they remained on track to log gains in a...
