Culture
Chinese disinflation wave is set to boost emerging-market bonds
[ZURICH/SINGAPORE] A wave of Chinese exports redirected towards emerging markets is likely to help crimp inflation across the developing world and bolster longer-maturity bonds, fund managers say.Goods from the...
US considers more Chinese companies for ‘entity list’, source says
Published Fri, May 16, 2025 · 08:05 AM[WASHINGTON] The US Commerce Department is considering placing more Chinese companies, including ChangXin Memory (CXMT), on its restricted export list, a person...
Cost to ship goods from China jumps as tariff truce spurs demand
The cost for a 40-foot container from Shanghai to Los Angeles has jumped 15.6 per cent from the prior week to US$3,136, the biggest gain in percentage terms since...
FTX to distribute US$5 billion in next round of creditor payments
Published Fri, May 16, 2025 · 07:06 AM[NEW YORK] Advisers overseeing the bankruptcy of former cryptocurrency firm FTX are preparing to distribute another US$5 billion to company creditors, in...
Geely appoints Zeekr head as new group CEO in shakeup
[HONG KONG] Billionaire Li Shufu is shaking up his sprawling Geely auto empire, lining up a new chief executive weeks after a shock move to take its US-listed premium...
Oil prices settle 2% lower on expectations for US-Iran nuclear deal
[LONDON] Oil prices settled lower on Thursday on expectations for a US-Iran nuclear deal that could result in sanctions being eased and more barrels released onto the global market.Brent crude...
Europe: Stoxx 600 recovers declines; defence stocks gain after Russia-Ukraine meet
EUROPEAN shares reversed early declines to close higher on Thursday, with industrial stocks getting the biggest boost, while corporate earnings remained in the spotlight.The continent-wide Stoxx 600 index closed 0.56...
US: Stocks end mostly up after mixed data
Published Fri, May 16, 2025 · 06:14 AM[NEW YORK] Wall Street stocks finished mostly higher on Thursday following mixed US economic data as markets await further announcement from Washington of trade...
Amara loses free float, trading to be suspended
[SINGAPORE] The mandatory cash offer for hotel group Amara by a consortium led by property company Hwa Hong has turned unconditional. As at 6 pm on Thursday (May 15),...
US: Wall St opens lower as trade truce rally fades
Published Thu, May 15, 2025 · 09:46 PM[WASHINGTON] Wall Street’s main indexes opened lower on Thursday (May 15) as euphoria from the US-China tariff truce waned, while UnitedHealth’s stock...
