Global

Tariff truce spurs Pacific trade rush, boosting global shippers
Tariff truce spurs Pacific trade rush, boosting global shippers
[HONG KONG] Importers rushing to ship Chinese goods to the US using a short reprieve from paralysing tariffs could provide a much-needed boost to global freighters.The surprise truce between...
OCBC merges stockbroking businesses into global markets division 
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...
Global EV sales rise in April despite trade disruptions: Rho Motion data
Global EV sales rise in April despite trade disruptions: Rho Motion data
GLOBAL sales of electric and plug-in hybrid vehicles rose 29 per cent year-on-year in April, with stable growth in China and Europe despite trade tensions, while North America recorded...
Global Markets Soar as U.S.-China Tariff Truce Sparks Economic Optimism
Global markets have taken a breath since a temporary truce in the escalating U.S.-China trade war, which sent markets into a tailspin for weeks. The recent threat of a...
Trump Meme Coin Dinner Contest Rakes in $148M from Global Investors
A cryptocurrency contest linked to Donald Trump's meme coin has garnered media attention, attracting more than $148 million from eager buyers hoping to meet the US president. Promoted as...
Global Oil Prices Stabilize Despite Hopes for US-ChinaTrade Resolution
Oil prices were largely flat on Tuesday as the market weighed brimming global supplies against the prospect of new U.S. sanctions against Iran. A report in early May that...
IReit Global launches S million of green notes at 6%
IReit Global launches S$85 million of green notes at 6%
[SINGAPORE] IReit Global’s trustee has launched and priced S$85 million of green, senior, and unsecured notes at 6 per cent per annum, with the proceeds to fund the capital...
Rare India-Pakistan Fighter Jets in Space Raise Global Alarm, Showcase Next generation Warfare
An intense dogfight between Indian and Pakistani warplanes has intensified the already tense military standoff between the nuclear-armed neighbors. The clash between India's French-made Rafale jets and those operated...
Malaysia central bank keeps key rate at 3%, flags weaker global outlook 
Malaysia central bank keeps key rate at 3%, flags weaker global outlook 
[KUALA LUMPUR] Malaysia’s central bank kept its benchmark interest rate unchanged on Thursday (May 8) despite an expected slowdown in economic growth due to a global trade war. Bank Negara...
Maersk cuts global container market outlook on tariff war
Maersk cuts global container market outlook on tariff war
Maersk sees global container volume market in the range of 1% decline to growth of 4% this yearPublished Thu, May 8, 2025 · 03:18 PM[COPENHAGEN] AP Moller-Maersk, the Danish...