Market
US: Stocks extend rally as market eyes busy calendar next week
[NEW YORK] Wall Street stocks overcame early weakness Friday (Apr 26) to push higher for a fourth straight positive session, following gains in most overseas equity markets.The upbeat session...
Renault to cut costs as US tariffs lash car market
[PARIS] French carmaker Renault said on Thursday (Apr 24) it will seek to further cut costs as US tariffs shake up the global car market.Renault does not sell cars...
Bitcoin rallies 20% during market turmoil to diverge from tech
[MUMBAI] Bitcoin advanced to the highest level since early March, fueling optimism that the biggest digital token is finally breaking free of a longstanding tendency to move in tandem...
Candy maker YLF cites market souring on US tariffs as reason to withdraw Singapore IPO
Sentiment is ‘badly shaken’ with the current uncertainty, says its chief executiveYLF Group Marketing – the maker of Pikin plum candies – is withdrawing its application for a Singapore...
Industry players see room for private credit market to grow in South-east Asia
[SINGAPORE] Private credit funds, where investors pool their capital to enable the fund manager to provide loans to companies, are seeing greater interest in South-east Asia, with regional governments...
Hermes’ market value surpasses that of former suitor LVMH
[PARIS] Hermes’ market capitalisation surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted Birkin bag in a stealth raid that shocked the...
Oil prices steady as market considers latest US tariff changes
[NEW YORK / LONDON] Oil prices were little changed on Tuesday (Apr 15) as investors digested the latest headlines on US President Donald Trump’s on-again, off-again tariffs and tried...
These China sectors and stocks are bucking the trend amid market volatility
[SINGAPORE] Global markets have been nothing but volatile on the back of tariff-induced swings – but China stocks were an outlier last week.From Apr 7, the Hang Seng Index...