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Singapore banks face nickel questions
[SINGAPORE] Singapore’s three banks have come under an uncomfortable spotlight for their financing of Indonesia’s Harita Nickel, a mining company whose smelters and refineries are primarily coal-powered.The attention is...
TSMC could face US$1 billion or more fine from US probe: sources
TAIWAN Semiconductor Manufacturing Company (TSMC) could face a penalty of US$1 billion or more to settle a US export control investigation over a chip it made that ended up...
Chinese shipping earnings face ‘harder-than-expected’ tariff hit as recession risks rise
[HONG KONG] Chinese shippers may see an outsized hit on earnings as the latest tariffs from US President Donald Trump risk hammering global trade.Container liners such as Cosco Shipping...
Levi maintains 2025 outlook in face of tariff turbulence
[NEW YORK] Levi Strauss maintained a full-year outlook that excludes the impact from sweeping new US tariffs that are poised to significantly raise costs for multinational apparel companies.The San...
Companies face new reality of Trump tariff chaos
[FRANKFURT/SHANGHAI/NEW YORK] Now that the US has instituted broad tariffs worldwide, businesses will be forced to adjust – but the options to cope with the greater-than-expected levies are limited...
Temasek-backed companies should not face obligation to list in Singapore: Chee
COMPANIES should not be obliged to list on the Singapore Exchange (SGX), said Second Minister for Finance Chee Hong Tat on Friday (Feb 28), in response to Workers’ Party...
Temasek-backed companies should not face obligation to list in Singapore: Chee Hong Tat
COMPANIES should not be obliged to list on the Singapore Exchange (SGX), said Second Minister for Finance Chee Hong Tat on Friday (Feb 28), in response to Workers’ Party...
JPMorgan, UBS, Nomura face South Korea short-selling fines: report
SOUTH Korea’s financial regulator is imposing fines on JPMorgan Chase, Morgan Stanley, UBS Group and Nomura Holdings for allegedly violating the country’s rules on short-selling stocks, the Maeil Business...
