News
Family offices added US stocks ahead of Trump’s ‘Liberation Day’
Published Sun, May 18, 2025 · 08:00 AM[LONDON] Investment firms for the world’s wealthy increased their stock bets ahead of US President Donald Trump imposing new tariffs that sent...
Nissan plans to close plants in Japan, Mexico: Yomiuri
[TOKYO] Nissan Motor plans to close two factories in Japan, as well as locations in four other countries as part of its restructuring and cost-cutting process, the Yomiuri newspaper...
Epic Games says Apple blocked ‘Fortnite’ in U.S. app store
Epic Games on Friday said that its popular game “Fortnite” will be offline on Apple devices because the iPhone maker blocked its recent app update. The dispute comes just...
China solar firms to speed up global push amid tariff truce
[SHANGHAI] Chinese solar companies will continue their expansion into emerging overseas markets during a 90-day tariff truce between the US and China that brings a more stable trade environment,...
US: Wall Street builds on strong weekly showing as trade, inflation jitters ease
Published Fri, May 16, 2025 · 09:46 PM[NEW YORK] Wall Street’s main indexes opened higher on Friday (May 16), building on this week’s gains fuelled by a US-China tariff...
Creative appoints Sim Wong Hoo’s younger brother as CEO
[SINGAPORE] Creative Technology has named Freddy Sim, the younger brother of its late founder Sim Wong Hoo, as chief executive officer (CEO). The appointment is effective from Friday (May...
SGX RegCo, MAS proposals are a positive step forward, but inadequate without deeper market reform: market watchers
[SINGAPORE] The Singapore stock market will need deeper structural reforms to address longstanding challenges, market watchers told The Business Times.While market participants were mostly positive about proposals unveiled by...
Australia’s richest woman doubles US stocks bet to US$2.5 billion
Most of Rinehart’s new investment goes into simple index trackers for the Nasdaq 100, S&P 500 and Dow Jones Industrial AveragePublished Fri, May 16, 2025 · 06:54 PM[SYDNEY] Billionaire...
Indonesia’s wealth fund in talks to aid flagship airline Garuda
[JAKARTA] Garuda is in talks with Indonesia’s sovereign wealth fund Danantara about an injection of capital, people familiar with the matter said, as the nation’s flagship airline struggles to...
Foreigners revisit Indonesia stocks on easing economic concerns
Published Fri, May 16, 2025 · 01:41 PM[JAKARTA] Indonesian stocks are poised for their first monthly inflow since September as subsiding economic concerns and attractive banking shares lure investors.The...
