Asian stocks extend global rout; bonds hammered as war drags on
SYDNEY: Asian stock markets were swept up in a global rout on Friday (Mar 27), tracking Wall Street lower as the threat of a protracted energy shock out of the war-torn Middle East sent borrowing costs spiralling higher.Investors took a modicum of comfort from United States President Donald Trump� ...
Gold set for fourth weekly fall as Middle East war boosts rate-hike bets
Bullion has fallen more than 2% so far this week
Crude oil and market volatility: what investors need to know
Hei Tung Sam - Crude oil, also known as “Black Gold”, has played a significant role in advancing human civilisation. It has powered economies during times of peace, albeit highly contested during periods of conflict. Crude oil, as a commodity, has contributed to the rise of nations but the decline of others. T ...
Understanding price and value in the context of investing, Part 1
Thiveyen Kathirrasan - There are many ways to describe the idea of investing, but two concepts usually stand out. They are the price and the value of the investment. It is essential that investors understand what each concept means individually and how they relate to one another to make potentially better investment decis ...
Trump’s tariffs will loom large over the US midterms, whatever happens in Iran
Shawn Donnan / Bloomberg Businessweek - As any student of American history could tell you, tariffs can be politically deadly. US President John Quincy Adams was turfed out the same year he signed into law what became known as the “tariff of abominations.” During William McKinley’s stint as a Republican representative from Ohio, his ...
Chinese fast fashion brand to take over mega Hong Kong H&M store
For global labels in the city, the competition from mainland retailers represents a fresh challenge
Australian, NZ dollars hit two-month trough as global outlook darkens
[SYDNEY] The Australian and New Zealand dollars were pinned near two-month lows on Friday as fears of a lengthy energy shock from...
China, Japan and India drive long-term gold prices, says WGC's Tait
Ravinyaa Ravimalar and Kuek Ser Kwang Zhe - David Tait shut down Credit Suisse’s gold trading business when he was its global head of macro products group in 2014. Never did he think he would take the helm of the World Gold Council (WGC) as CEO five years later and become a proponent of gold as a strategic investment asset on the back of in ...
Cyclone triggers outages at major Australian LNG plants
The two affected gas plants collectively supply more than five per cent of the world's liquefied natural gas, according to Chevron figures.
Chocolate shrinkflation: Upstream, midstream or downstream, who can better pass on costs to their customers?
Lin Daoyi - From 2023 onwards, if consumers think that their favourite chocolate treat has shrunk and become more costly, they may not be wrong. The International Cacao Organisation (ICCO) noted in its August 2023 report the possibility of “chocolate shrinkflation”. Shrinkflation is the phenomenon in which ...
US judge blocks Pentagon's Anthropic blacklisting for now
March 26 : A U.S. judge on Thursday temporarily blocked the Pentagon's blacklisting of Anthropic, the latest turn in the Claude maker's high-stakes fight with the military over AI safety on the battlefield. Anthropic's lawsuit in California federal court alleges that Defense Secretary ...
Dollar rides haven demand as Middle East talks ring hollow
HONG KONG, March 27 : The dollar pushed higher toward multi-month peaks on Friday as investors sought safety in the shadow of an intensifying Middle East war and mounting doubts over any path to de-escalation. Markets were on edge following another rollercoaster week as U.S. President Donald Trump a ...
Keppel shares fall as much as 4.6% on M1-Simba deal delay
Shikhar Gupta - The counter falls as low as S$11.70 in early trading
China’s top chipmaker has supplied chipmaking tech to Iran military, US officials say
The Chinese government maintains that it carries out normal commercial trade with Teheran
Grab’s long-term story intact amid ongoing merger deal, AI push and robotaxi rollout
Khairani Afifi Noordin - Following its first full-year profitability since its 2021 stock market debut, analysts remain positive on Grab, citing sustainable revenue growth. This is amid the company’s acquisition of Delivery Hero’s foodpanda operations in Taiwan, its focus on AI utilisation, the acquisition of the invest ...
Oil prices fall as Trump pauses attacks on Iranian energy plants
PERTH, March 27 : Oil prices fell in early trade on Friday and were down over a volatile week after U.S. President Donald Trump said talks with Iran to end the war were going "very well" and announced he would pause attacks on the country's energy plants for 10 days. Brent futures fel ...
Trade war reveals HPH Trust’s resilience; Shenzhen port terminals to help drive growth
The Edge Singapore - Hutchison Port Holdings Trust (HPH Trust), which owns container terminals in Shenzhen and Hong Kong, has maintained a resilient profile even as the US-initiated trade war has changed shipping patterns. At present, with the growing importance of Shenzhen as one of China’s key ports, Gilbert Lopez a ...
Aoxin Q&M proposes 150 million yuan acquisition to expand into central China
Deon Loke - It has signed a non-binding memorandum of understanding to acquire a dental group there
Japan finance minister warns of oil-driven FX speculation, vows decisive action
TOKYO, March 27 : Japanese Finance Minister Satsuki Katayama said on Friday that the government was ready to take decisive steps on foreign exchange, warning against speculative trading linked to oil markets."We are seeing speculative moves (in the currency market), particularly those being dri ...
Broker's Digest: LHN, Addvalue, Manulife US REIT, Frencken, Nam Cheong, TeleChoice, CLCT, Singtel
The Edge Singapore - LHNPrice target: UOB Kay Hian ‘buy’ 71 cents
Trump signature to appear on US currency, the first for a sitting US president
The first US$100 bills with Trump’s signature and that of US Treasury Secretary Scott Bessent will be printed in June
Trump signature to appear on US currency, ending 165-year tradition
The first US$100 bills with Trump’s signature and that of US Treasury Secretary Scott Bessent will be printed in June
Stocks to watch: Keppel, Shangri-La Asia, GuocoLand, Aoxin Q&M Dental Group
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 27):
Stocks to watch: Keppel, Shangri-La Asia, GuocoLand
Chloe Lim - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 27):
US Fed’s Jefferson: sustained higher energy prices could worsen inflation, spending outlook
FEDERAL Reserve Vice Chair Philip Jefferson on Thursday said he is keeping a watchful eye on higher energy prices, which, if sustained,...
From beer to cosmetics, Asia feels full force of war-fuelled energy crisis
Asia relies more heavily on crude oil, gas, fuel and fertiliser from the Middle East than other parts of the world
Nasdaq confirms correction, bond prices fall as Iran crisis pushes oil to $108
NEW YORK/LONDON, March 26 : Stock indexes fell sharply on Thursday, with the Nasdaq dropping more than 2 per cent to confirm a correction, and Brent oil jumped to more than $105 a barrel as hopes diminished for a quick resolution to the nearly one-month-old Middle East war.U.S. President Donald T ...
Apple gives iPhone designers rare bonuses to fight AI firm poaching
Employees see the pay bumps as a direct response to a recent uptick in recruiting from startups
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
Evan See - As airlines shun the Gulf region, key airports in South-east Asia could also capture more transit traffic, say analysts
Union Square Residences promises prestige and practicality in prime District 1 address
City & Country - In a few years, a world-class enclave in the prime District 1 will welcome residents and professionals to an exciting mixed-use development — one that promises a new way to live, work and play in one of Singapore’s most-coveted districts. Located in the heart of the charming Singapore River prec ...
Aoxin Q&M Dental Group to acquire dental group in China for RMB150 mil
The Edge Singapore - Aoxin Q&M Dental Group plans to acquire a China-based dental group for RMB150 million, as part of its parent company Q&M Dental Group's expansion spree via acquisitions. The target, which is not named, operates around 30 clinics in central region, manned by 80 dentists. Aoxin is current ...
US Fed’s Miran lays out path to shrink central bank balance sheet further
A smaller balance sheet would also allow for interest rates to be lower, he argued
Bessent says Hormuz ships insurance programme to start soon
The Trump administration has already taken action to blunt prices and address some concerns about oil supply
Meta shares drop on fears US verdicts open door to deluge of lawsuits
Its shares were trading near 10-month lows
