News
Lutnick shuts down talk of any Chinese investment in US autos
Published Sat, Apr 18, 2026 · 04:10 PM[BEIJING] US Commerce Secretary Howard Lutnick ruled out the possibility of Chinese investment in the US auto industry, saying there’s no need...
CDL Hospitality Trusts flags negative impact from Middle East conflict
[SINGAPORE] CDL Hospitality Trusts (CDLHT) disclosed on Friday (Apr 17) that the ongoing conflict in the Middle East has “resulted in a negative impact on the portfolio’s overall performance”,...
FLCT acquires Dutch logistics facility for 43 million euros
[SINGAPORE] The manager of Frasers Logistics & Commercial Trust (FLCT) announced on Thursday (Apr 16) that it has completed the acquisition of a freehold logistics property in Hapert, the...
ASML lifts 2026 forecast as surging AI chip demand boosts new orders
Published Wed, Apr 15, 2026 · 08:49 PM[AMSTERDAM] ASML, the world’s largest supplier of chipmaking tools, on Wednesday (Apr 15) reported stronger-than-expected first-quarter earnings and lifted its 2026 revenue...
JPMorgan traders blow past expectations with biggest-ever haul
The biggest US bank has pulled in US$11.6 billion in trading revenue in the first quarterPublished Tue, Apr 14, 2026 · 07:25 PM[NEW YORK] JPMorgan Chase’s traders posted their...
Chip-designer SkyeChip inks Malaysia IPO underwriting deal with Maybank, CIMB
The offering comprises 400 million new shares, or 22.3% of the company’s enlarged share capitalPublished Mon, Apr 13, 2026 · 08:18 PM[KUALA LUMPUR] Malaysian chip-design firm SkyeChip Bhd has...
China’s Chery looking to expand car production in Europe, top executives say
It prefers to use existing production capacity instead of investing in a new assembly plantPublished Sun, Apr 12, 2026 · 07:36 PM[PARIS] Chery is looking to expand car production...
Fuel shortages from Iran war threaten Asia’s biggest food staple
The near-closure of the Strait of Hormuz has choked a vital route for fertiliser and fuel deliveriesPublished Sat, Apr 11, 2026 · 04:16 PM[MANILA] Harvest-ready rice fields are lying...
Apple leads smartphone market even as overall shipments decline: Counterpoint
The decline is primarily driven by memory players prioritising AI data centres over consumer electronicsPublished Fri, Apr 10, 2026 · 07:41 PM[BENGALURU] IPhone-maker Apple led global smartphone shipments in...
Robust trading across asset classes sends SGX securities turnover value up 78% on year in March
SGX says the growth in securities and derivative volumes comes from strong investor demand for risk management and investment tools from a trusted marketplace [SINGAPORE] The total securities market...
