Business
Korean stocks rise to enter bull market, bonds sink after vote
South Korea’s equity benchmark climbed to enter a bull market, after Lee Jae-myung’s widely-expected win in the presidential election…
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market
Business
South Korean stocks rise to enter bull market, bonds sink after presidential election outcome
South Korea’s equity benchmark climbed to enter a bull market, after Lee Jae-myung’s widely-expected win in the presidential election…
Business
Virgin Australia returns to stock market with launch of A$685 million IPO
Virgin Australia is set to return to the stock market after a five-year absence, with the Bain Capital-owned airline launching a A$685…
Business
Global funds weigh whether Indonesia market rebound was too fast
Indonesia’s financial markets have bounced back after a torrid few months, sparking a debate on whether the rally can last. RBC BlueBay…
Business
Protect investors, but give private market fund managers flexibility, industry players tell MAS
The transparency of private market funds, the amount they charge in fees, and the methods of valuation were among key points raised in the…
Business
Singapore hedge fund Arrowpoint capitalised on May market turmoil
Singapore’s multi-strategy hedge fund Arrowpoint Investment Partners has made gains by exploiting market dislocations triggered by global…
Business
There's one bright spot for San Francisco's office space market
SAN FRANCISCO — In recent years, San Francisco’s image as a welcoming place for businesses has taken a hit. Major tech companies such as…
Business
Independent director Chua Kee Lock acquires venture shares on open market
Over the five trading sessions from May 23 to May 29, institutions were marginal net sellers of Singapore stocks, with net institutional…
Business
OPEC+ Maintains Oil Production Increase as Prices Soften and Market Awaits Demand Recovery
With international oil markets facing price pressure and economic instability, OPEC+ has remained committed to gradually restoring supply.…
Business
US: Stocks rise as market weighs tariff ruling
Wall Street stocks finished modestly higher on Thursday following strong earnings from Nvidia as a judicial ruling added to uncertainty…
Business
Economist says stock market gains are sign Trade Court ruling will be overturned
The stock markets' modest gains on Thursday are a sign that investors are confident that a federal court decision blocking some of…
Business
NTT Docomo to buy SBI’s net bank for 420 billion yen in cutthroat market
The move is part of a capital alliance between the state-backed telecom group and SBI Holdings Docomo is buying SBI Holdings’ online bank…
Business
NTT Docomo to buy SBI’s online bank for 420 billion yen in cut-throat market
NTT Docomo is buying SBI Holdings’ online bank in a 420 billion yen (S$3.7 billion) deal to shore up the Japanese mobile carrier’s…
Business
Will more S-Reits soon exit the local market?
WHEN the proposed privatisation of Frasers Hospitality Trust (FHT) was unveiled on May 14, I couldn’t help feeling rather disheartened –…
Business
MAS to shortlist fund managers for S$5 billion Equity Market Development Programme by Q3
The Monetary Authority of Singapore (MAS) will shortlist fund managers for its S$5 billion Equity Market Development Programme by the…
Business
Morgan Stanley says Singapore market is a ‘safe haven’, raises price target for this sector
Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a…
Business
Bank of Japan to closely watch bond market situation: governor
[BANFF, Canada] Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will closely monitor the bond market amid surging…
Business
Over a Dozen Officials Dumped Stocks Just as Trump Crashed the Market
In March, Musk walked into what he understood to be an ambush, facing heated backlash from Secretary of State Marco Rubio, Veterans…
Business
Apac family offices favour developed market equities, bonds: UBS report
Family offices (FOs) in the Asia-Pacific favoured equities and bonds from developed markets in 2024 and plan to increase their strategic…
Business
GXS’ acquisition of Validus’ Singapore business a sign of market validation
The recent acquisition of small and medium enterprise (SME) lender Validus’ Singapore business is a sign of market consolidation and…
Business
Alibaba misses revenue estimates as it fights for China e-commerce market dominance
[BENGALURU/SHANGHAI] Alibaba posted quarterly revenue that missed analysts’ estimates on Thursday (May 15), as the e-commerce group works…
Business
US Fed rate pause keeps Asian markets steady, but watch out for tariffs: market observers
The US Federal Reserve keeping rates steady is a plus for stability in Asia’s financial markets, but trade uncertainty from tariffs…
Business
GE2025 results expected to have limited impact on Singapore stocks, say market watchers
While Saturday’s General Election (GE) offers a welcome signal for investors who value political stability, market watchers say its impact…
News
Seven killed in South Sudan hospital and market bombing, charity says
At least seven people have been killed after a hospital and market were bombed in South Sudan, a medical charity has said, as fears grow…