Market
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
[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...
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] 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
[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...