Business
Asia: Stocks gain after China teases US tariff talks
Asian markets largely rose on Friday, tracking Wall Street gains, as China said it was considering a US offer to negotiate steep tariffs.…
Tag
Asia
Business
Electric Hearses In Asia Sure Are Different
Read the full story on Backfire News Call it a cultural thing, because it is, but when we think of an electric hearse what immediately…
Business
HSBC to lose Asia expert as chairman Mark Tucker announces retirement
HSBC said on Thursday (May 1) that chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at…
Business
China’s CICC eyes Middle East, South-east Asia in global push
China International Capital Corporation (CICC), one of the nation’s largest brokerages, is seeking to tap the growing demand for…
Business
Singapore stocks end flat on Thursday; markets across Asia end mixed
Local stocks ended Thursday (Apr 24) muted, following a mixed performance in other Asian markets after China signalled its openness to…
Business
Asia: Markets mostly up as Trump soothes Fed fears
Asian markets were mixed on Thursday (Apr 24) after US President Donald Trump said he had “no intention” of firing the US central bank…
Business
Asia: Markets rally as Trump comments ease Fed, China trade fears
Asian stocks rallied with Wall Street on Wednesday (Apr 23) after Donald Trump said he had “no intention” of firing the head of the…
Unsorted
Asia: Markets mixed as traders track tariff talks
Asian markets were mixed in holiday-thinned trade on Friday (Apr 18) as investors keep tabs on countries’ tariff talks with the White…
Business
PGIM to invest US$2 billion in Asia property, unfazed by tariffs
PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific…
Business
Industry players see room for private credit market to grow in South-east Asia
Private credit funds, where investors pool their capital to enable the fund manager to provide loans to companies, are seeing greater…
Business
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 Vegetable…
Business
BlackRock misses long-term flow expectations amid Asia outflows
The world’s largest asset manager BlackRock pulled in a less-than-expected US$83 billion of client money to its investment funds in the…
Business
EXCLUSIVE: SMCP Has a New CEO in Asia
SMCP Group has recruited a luxury veteran to lead the charge in Asia, WWD has learned. The French group, parent of fashion brands Sandro,…
Business
Asia: Stocks crack higher as Trump delays painful tariffs
Asian stocks rocketed on Thursday as investors breathed a huge sigh of relief after Donald Trump announced a pause on crippling tariffs on…
Unsorted
Asia: Equities resume selloff as Trump cranks up trade war
Equities and oil plunged again on Wednesday after Donald Trump ramped up his trade war by hitting China with tariffs of more than 100 per…
Business
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…
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…
Unsorted
EXCLUSIVE: Moose Knuckles Names Mia Wang Head of Asia Pacific
Moose Knuckles, the Canadian luxury outerwear brand, has named Mia Wang chief executive officer, Asia Pacific, effective immediately. Wang…
Unsorted
Singapore’s STI drops 2.6%; Asia markets extend declines on Trump tariff troubles
Singapore equities began Friday (Apr 4) in negative territory, following the slump in all three major Wall Street indices and European…
Unsorted
Singapore’s dollar in pole position to extend lead in Asia
Demand for the city-state’s currency may sustain even as expectations for further MAS policy easing grow, with core inflation in February…
Business
Shell expects 60% rise in global LNG demand by 2040 as Asia leads growth
GLOBAL demand for liquefied natural gas is estimated to rise by around 60 per cent by 2040, driven largely by economic growth in Asia, AI…
Business
Jefferies hires two senior traders from CLSA in Asia push
JEFFERIES Financial Group hired two senior traders from CLSA, building out in Asia-Pacific after its revenue in the region jumped last…
Business
Manulife’s profit climbs on wealth management strength, Asia growth
MANULIFE Financial posted higher fourth-quarter profit on Wednesday, bolstered by a thriving wealth and asset management business and…
Business
Stocks to watch: UOB, Singtel, Parkson Retail Asia, Cordlife
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 19). UOB: The lender on…