Culture

China traders bet PBOC will keep yuan in hand even if Trump wins
CHINA’S domestic yuan traders appear to be more confident than their offshore counterparts that the currency’s turbulence will be contained around the US presidential election period.A gauge of one-month...
Chinese non-bank liquidity tightens as investors rush to stocks
LIQUIDITY conditions at China’s non-bank financial institutions have tightened this month as traders redeemed cash to ride the upswing in local shares.That’s widened the gap between the funding costs...
ASML shows chasm in chip land: AI winners versus everyone else
THERE’S a growing divide in the US$530 billion semiconductor industry between the companies that are riding the artificial intelligence (AI) wave and those that are not. And looking at...
Income should walk away from Allianz
The cooperative-turned-corporation should come up with its own programme to improve its profitability and expand at home and abroadTHE bombshell announcement last week that the government would block the...
Downside-protected ETFs probably aren’t worth your time, unless you’re short on time
While such products may be a way for investors to achieve higher returns than they otherwise could, they do come with costs INVESTORS have differing risk tolerances, but a...
Oil prices show how numb traders have become to US sanctions
A week ago, the US government imposed yet more sanctions on Iran’s oil trade. Crude prices have sagged more than US$5 a barrel since.The decline was largely driven by...
Brent eyes volatile Q4 2024 and underwhelming 2025 balance
BRENT crude oil futures have experienced significant volatility this year. After reaching a peak of US$90 per barrel in April, prices tumbled to around US$70 by September. This decline...
Euro parity threat is back on Trump tariffs risk, ECB cuts
The risk of the euro sliding to parity with the US dollar is mounting in financial markets after last week’s interest-rate cut and a stark reminder that a Donald...
Cash-strapped UK squeezes troubled companies for unpaid taxes
The UK tax office is taking a tougher approach to clawing back debts, insolvency specialists said, in a bid to squeeze £5 billion (S$8.5 billion) in extra revenue that...
CNMC, Travelite, Noel Gifts and LMS Compliance directors raise stakes
INSTITUTIONS were net sellers of Singapore stocks over the five trading sessions spanning Oct 11 to Oct 17, with S$144 million of net institutional outflow, partially reversing the preceding...
Canada firms can request temporary relief from tariffs on China EVs, metals
CANADIAN firms can request a temporary remission of tariffs on the imports of Chinese electric vehicles (EVs), steel and aluminium products, the finance ministry said on Friday (Oct 18).The...
Indonesia’s Prabowo Subianto targets growth spurt with big projects
INDONESIAN President Joko Widodo leaves office on Sunday (Oct 20) with high approval ratings thanks to strong economic growth, but his successor Prabowo Subianto has bigger ambitions, including an...