Yesterday
Singapore voters embrace stability as Trump roils global trade
Lawrence Wong and his team warned inviting more opposition into government could create instability at the wrong time for trade-dependent island state.
EU eyes closer ties to trans-Pacific bloc as Trump jolts trade order
Plans to build stronger links between Brussels and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership have gained momentum.
April
‘No winners’ in a tariff war, says Xi, as he shores up alliances
China’s leader is touring South-East Asia this week. Although the trip likely was planned earlier, it has become significant because of the trade war with the US.
Jardine Matheson, giant of Hong Kong commerce, charts new course as investor
The storied Anglo-Asian conglomerate was founded as an opium trader in 1832 and famous as an inspiration for James Clavell’s novels. The shift marks a new incarnation.
NZ braces for global elite rush as golden visa opens
Immigration Minister Erica Stanford said there has been a “huge amount of interest” in the visa that starts on Tuesday after the rules were overhauled.
Home builder AVJennings accepts $365m takeover bid
A takeover battle for the builder erupted between a US bidder and a Singaporean player. Local builders face tough conditions, but their land banks are appealing.
March
Myanmar quake death toll hits 1700 as aid scramble intensifies
The devastation has piled more misery on Myanmar, already in chaos from a civil war that grew out of a nationwide uprising after a 2021 military coup.
Late Immutable accounts a glimpse into crypto game developer’s health
The Australian developer behind popular online video games Gods Unchained and Guild of Guardians said revenues had jumped after a near $80 million loss in 2023.
EU retaliates with tariffs on $45b of US goods
The European Union hit back against Donald Trump’s 25 per cent tariffs on steel and aluminium within hours of them taking effect, escalating a global trade war.
Dalio sees 1930s Germany in Trump trade war
The Bridgewater Associates founder says the world is witnessing an extension of the patterns of history.
The hidden dangers of booming family offices
Private wealth management companies for the super-rich now manage trillions of dollars globally. Critics say they are open to abuse.
Can our ‘most loved, least-funded’ founder turn garbage into gold?
Olympia Yarger says there’s a good business in rubbish. Her battle to raise millions of dollars is nothing compared to what she has been through to get here.
US law firm King & Spalding readies Australian assault
Street Talk understands the Atlanta-headquartered multinational is exploring opening an Australian beachhead.
February
Singapore’s richest clan in crisis over public father-son feud
Even by the standards of Asian succession dramas, the family feud raging at the Kwek dynasty, who run Singapore’s biggest listed developer, is striking.
AI boom leads start-up funding recovery in $4b year
New data lifts the lid on private tech investment in Australia, with a quarter of the money going to firms building products based on artificial intelligence.
BP puts its $600m Perth clean fuel refinery plans on ice
The British petroleum giant had expected to decide on the development later this year, but said on Monday that it would delay work on the project.
January
New York City follows London with congestion charge to tackle traffic
Drivers entering parts of Manhattan will be charged $US9 during peak hours in a program following similar initiatives around the world.
2025 to be a year of recovery for Sydney offices
Investor sentiment about the battered office sector is turning. Leading fund managers are expecting some upside in Sydney offices.
December 2024
David Thompson’s Long Chim closure blamed on rents and poor business
The high-profile Thai restaurant is the latest major restaurant to close. It blamed high rents, but administrators says staff costs were too high.
Singapore’s CapitaLand nails $200m Wingate deal
CapitaLand confirmed its intended acquisition of Wingate for $200 million as the Asian real estate manager expands into private credit.