Global

China’s Cosco warns US levies risk upsetting global shipping
China’s Cosco warns US levies risk upsetting global shipping
The latest US proposal has been watered down from an earlier version, but keeps pressure on Chinese ship operators and shipbuildersPublished Mon, Apr 21, 2025 · 05:27 PM[BEIJING] China’s...
DHL to stop global shipments worth over US0 to US consumers
DHL to stop global shipments worth over US$800 to US consumers
Published Mon, Apr 21, 2025 · 12:53 PM[WASHINGTON] Global shipping giant DHL will “temporarily” suspend the shipping of parcels worth more than US$800 from businesses to individuals in the...
EV maker Xpeng charts steady global expansion despite tariff war
EV maker Xpeng charts steady global expansion despite tariff war
[HONG KONG] Chinese electric vehicle (EV) maker Xpeng is ramping up its global expansion, despite the intensifying trade war between Washington and Beijing, and the European Union’s punitive tariffs...
Global chipmakers feel the pinch of Trump’s shifting trade policy
Global chipmakers feel the pinch of Trump’s shifting trade policy
[BENGALURU] Global chip stocks were battered on Wednesday (Apr 16) on fresh evidence of how US President Donald Trump’s shifting trade policy was complicating the outlook for semiconductor and...
Oiltek bags RM61.9 million in new contracts across South-east Asia and other global markets 
Oiltek bags RM61.9 million in new contracts across South-east Asia and other global markets 
This brings the group’s current order book to RM402.4 million, which is expected to be fulfilled over the next 18 to 24 months[SINGAPORE] Vegetable and edible oil processing company...
Global real estate recovery to speed up growth in MSCI’s private-market indices
Global real estate recovery to speed up growth in MSCI’s private-market indices
[SINGAPORE] Index provider MSCI sees a recovery in global real estate fuelling faster growth in its private-market indices in the coming years, after a property downturn slowed the momentum....
Global funds hit pause on Indonesia after Prabowo policy changes
Global funds hit pause on Indonesia after Prabowo policy changes
[MELBOURNE / LONDON] Indonesian President Prabowo Subianto’s attempt to engineer an economic renaissance is running up against a hard truth: Investors are not buying the vision he’s selling.Some of...
UBS sticks to US billion share buyback plan despite capital changes, global uncertainty
UBS sticks to US$3 billion share buyback plan despite capital changes, global uncertainty
[LUCERNE, Switzerland] UBS chairman Colm Kelleher on Thursday (Apr 10) reiterated the Swiss bank’s intention to repurchase shares to the tune of US$3 billion in 2025, despite looming capital...
Swings in US Treasuries trigger global bond market aftershocks
Swings in US Treasuries trigger global bond market aftershocks
BONDS from Australia to Japan swung after a turbulent day for US Treasuries, as markets rapidly unwound bets on interest-rate cuts in the wake of American President Donald Trump’s...
Cuckoo Malaysia delays IPO due to volatile global market
Cuckoo Malaysia delays IPO due to volatile global market
The company says it will allow investors who have submitted their applications to withdraw from the initial public offering[SINGAPORE] Household goods maker Cuckoo International (MAL) is postponing its initial...