Business
Investors seek refuge in dollar, yen as tariff fallout grips markets
Investors poured into safe havens such as the dollar, yen and Swiss franc on Monday (Apr 7) as the market rout from US President Donald…
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Business
Business
Investors seek refuge in US dollar, yen as tariff fallout grips markets
INVESTORS poured into safe havens such as the greenback, yen and Swiss franc on Monday (Apr 7), as the market rout from US President…
Business
Singapore shares close lower on Monday; STI tumbles 7.5%
Across the broader market, decliners outnumber advancers 612 to 137, with 2.7 billion shares worth S$4.2 billion changing hands All 30…
Business
Credit gauges in Asia show most concern since early pandemic
Credit-default swaps in Asia blew out the most since the worsening of the Covid-19 pandemic in 2020, as a rout in risk assets deepened…
Business
Hong Kong stocks end 13.22% down, worst since 1997 Asian financial crisis
Shares in Hong Kong plummeted more than 13 per cent Monday (Apr 7) on their worst day in almost three decades as China’s retaliation…
Business
Bank Indonesia intervenes in offshore rupiah ahead of reopening
It will aggressively intervene in the onshore markets too when they reopen on Tuesday Bank Indonesia intervened in the offshore rupiah…
Business
DBS, OCBC, UOB tumble on potential rate cuts if economies slow
Shares of Singapore’s three local banks continued to slide on Monday (Apr 7), leading a broader market sell-off triggered by concerns over…
Business
Despite Tariffs, U.S. Remains a Priority for French Ski Brand Fusalp Says CEO Pascal Conte-Jodra
PARIS — French legacy skiwear brand Fusalp has its sights set on U.S. expansion, despite the 20 percent levy on European Union goods…
Business
John Smedley’s New Chief Prepares to Take the Brand to New Heights
LONDON — John Smedley, the 241-year-old British brand that specializes in knitwear, is finally ready to make some noise. The brand has…
Business
Trump’s tariff ‘medicine’ injects turmoil into global markets
US President Donald Trump warned foreign governments they would have to pay “a lot of money” to lift sweeping tariffs, characterising the…
Business
Gold plunges to 3-1/2-week low as market sell-off hits bullion
GOLD prices continued to face turmoil on Monday, and hit their lowest levels in more than three weeks, as a wider market sell-off…
Business
Sheng Siong CEO Lim Hock Chee’s compensation for FY2024 jumps 20.6% to S$7.06 million
Supermarket operator Sheng Siong’s chief executive officer Lim Hock Chee received S$7.06 million in total compensation for FY2024, an…
Business
The Hour Glass to acquire newly incorporated SPV for A$90 million
Move is in line with the group’s strategy to continue expanding its presence in the country The Hour Glass’ wholly owned unit in Australia…
Business
Singapore’s STI plunges 8.5%, Japan’s Nikkei drops over 8% as Asian markets sell off sharply
The sell-off continued as Asian markets tumbled on Monday (Apr 7) morning, following US President Donald Trump’s sweeping tariff…
Business
Singapore jewellers keep shining amid gold’s record rally - even as margins thin
Record-high gold prices may be squeezing margins and prompting caution among shoppers, but they have also burnished the yellow metal’s…
Business
Business Insurance: Are You Over-Paying?
Running a business comes with many costs, and one of the biggest is often business insurance. Many small business owners find themselves…
Business
After Disastrous First-Quarter Sales, Tesla's Stock Is Down 36% This Year. It Can Go Lower
Tesla (NASDAQ: TSLA) has been under a microscope this year. The big question had consistently been about what first-quarter deliveries…
Business
Should you go crazy for crypto?
TIME to buy the cryptocurrency dip? Many think so, after watching others seemingly reap instant rewards as Bitcoin surged in December and…
Business
Further malaise ahead for 7 tech giants
THE Bloomberg Magnificent Seven Price Index, an equal dollar-weighted benchmark tracking seven tech giants -- Apple, Microsoft, Amazon,…
Business
China Insight: Fashion Industry in 2025 Seeks Survival Through Differentiation and Evolution
During March and April earnings season, Anta Group’s 13.6 percent revenue growth to $9.77 billion (over $14.6 billion including Amer…
Business
Lauren Sanchez Channels ‘Strength and Timeless Beauty’ in Sophia Loren’s John Galliano Dress at Breakthrough Prize 2025 With Jeff Bezos
Lauren Sanchez channeled Sophia Loren at the Breakthrough Prize 2025 ceremony on Saturday in Los Angeles, where the philanthropist joined…
Business
German rail warns individual freight wagon service unprofitable
Sigrid Evelyn Nikutta, Member of the Board of Management for Freight Transport at Deutsche Bahn AG and Chairwoman of the Board of…
Business
Marjorie Taylor Greene Makes Massive Stock Market Moves to Secure Her Money Just Days Before Trump's Tariff Announcement
U.S. Representative Marjorie Taylor Greene made hefty stock trades just days before former President Donald Trump announced sweeping new…
Business
S-Reits record net institutional inflows in March as sector snaps 5-month losing streak
Global markets experienced a sell-off after US President Donald Trump imposed a 10 per cent baseline tariff on imported goods from all…