Market

Hedge funds move into Asia power market with new hires
Hedge funds move into Asia power market with new hires
[SINGAPORE/TOKYO] Hedge funds have joined the hunt for power-trading talent in Asia, as they push into the region’s increasingly active and volatile electricity markets with the aim of offsetting...
Big caps swoop in to buy back shares as market convulses on Trump tariffs
Big caps swoop in to buy back shares as market convulses on Trump tariffs
[SINGAPORE] Constituent companies in the Straits Times Index (STI) lost no time in picking up their own shares on Monday (Apr 7) after the benchmark index tanked 7.5 per...
Big caps swoop in to buy back shares as market convulses on Trump tariffs
Blue-chip listcos scoop up more shares; Singapore market shows signs of recovery on pause to Trump tariffs
[SINGAPORE] Constituent companies on the Straits Times Index (STI) lost no time in picking up their own shares after the benchmark index tanked on US President Donald Trump’s tariffs....
Chinese state funds plan to buy stocks as market rout deepens
Chinese state funds plan to buy stocks as market rout deepens
Chinese officials have been discussing front-loading potential stimulus to offset the impact of tariffs[NEW YORK] China’s state-backed funds are planning to buy local stocks in a bid to support...
Tokyo: Nikkei ends 6% higher on market recovery hopes
Tokyo: Nikkei ends 6% higher on market recovery hopes
[TOKYO] Japan’s Nikkei share average closed 6 per cent higher on Tuesday (Apr 8), recovering from a 1½ -year low hit in the previous session, as investors scooped up...
Trump Threatens China with Additional 50% Tariffs if Beijing Does Not Roll Back Its 34% Retaliatory Tariffs Amid Global Market Meltdown
President Trump warned China that he would impose an extra 50% tariff if Beijing fails to cut down its 34% retaliatory tariff on U.S. goods by Tuesday, escalating his...
US: Wall St opens sharply lower, S&P 500 nears bear market territory
US: Wall St opens sharply lower, S&P 500 nears bear market territory
[NEW YORK] Wall Street’s main indexes opened sharply lower on Monday (Apr 7), with the S&P 500 on track to confirm bear market territory, as investors sought refuge in...
China sovereign fund Huijin buying domestic stocks as market slumps
China sovereign fund Huijin buying domestic stocks as market slumps
[SHANGHAI] China’s sovereign fund Central Huijin Investment said on Monday (Apr 7) it is increasing holdings in China stocks and will defend market stability – comments that follow a...
Yuan devaluation market chatter grows as trade war worsens
Yuan devaluation market chatter grows as trade war worsens
The deepening trade war is raising speculation in financial markets that China may resort to aggressively devaluing the yuan against the US dollar in a break of their policy...
Singapore banks lose over S billion in market value as tariff sell-off continues
Singapore banks lose over S$37 billion in market value as tariff sell-off continues
[SINGAPORE] Shares of Singapore’s three local banks continued to slide on Monday (Apr 7), weighed down by a broader market sell-off triggered by concerns over US tariffs.As at 12.50...