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1 month ago | 
wsj.com | Jessica Fleetham |Amanda Lee
Purchasing managers’ surveys for May on Thursday will give an up-to-date indication of the health of the U.S. manufacturing and services sectorsBelow are the most important global events likely to affect FX and bond markets in the week starting May 19. As markets calm after the U.S. and China agreed to slash tariffs for a period of 90 days, focus is set to switch to how tariffs and the uncertainty surrounding them are affecting the global economy.
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1 month ago | 
ca.marketscreener.com | P.R. Venkat |Amanda Lee
By P.R. Venkat and Amanda Lee DBS Group, Singapore's biggest bank, beat expectations for first-quarter earnings even as it warned that heightened uncertainty due to U.S. tariffs could hit borrowing and investments.
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2 months ago | 
uk.marketscreener.com | Amanda Lee |Fabiana Negrin Ochoa
By Amanda Lee and Fabiana Negrin Ochoa Vietnam has asked the U.S. to postpone newly announced tariffs, calling the Trump administration's decision to slap a 46% tariff on Vietnamese imports regrettable and saying it will seek negotiations. According to the Vietnamese government's official news portal, the trade minister sent a diplomatic note to the U.S. requesting that the tariff--due to kick in April 9--be postponed.
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2 months ago | 
wsj.com | Amanda Lee |Ying Xian Wong
The news rattled markets, sending indexes in much of Asia lower on Thursday. Vietnam’s benchmark index slid as much as 6.7%, while Thai shares lost 1.4%. Malaysia fared batter, ending 0.5% lower, while Indonesian markets were closed for a holiday. Analysts were surprised by the extent of the tariffs, warning of significant headwinds to export-reliant Southeast Asia.
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2 months ago | 
flipboard.com | Amanda Lee |Ying Xian Wong
7 hours agoTEL AVIV, Israel (AP) — Prime Minister Benjamin Netanyahu’s office is once again ensnared in scandal after police arrested two of his close associates this week on suspicion of accepting money from Qatar to promote a positive image of the Gulf Arab state in Israel. The affair has gripped Israelis …
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Feb 18, 2025 | 
tradingview.com | Amanda Lee |Fabiana Negrin Ochoa
Singapore's 2025 Budget Tackles Rising Costs, Trade RisksBy Amanda Lee and Fabiana Negrin OchoaSingapore will beef up financial support for households and businesses as it looks to ease cost-of-living pressures in the Southeast Asian nation, and make the economy more competitive in the face of heightened global risks.
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Jan 26, 2025 | 
tradingview.com | Amanda Lee |Fabiana Negrin Ochoa
Singapore's Labor Market Notches Another Year of Growth, But Employment Pace CoolsSGEMC By Amanda Lee and Fabiana Negrin Ochoa Singapore's labor market continued expanding in the final quarter of 2024, signaling another year of solid employment growth, though signs of moderation are emerging. Advance estimates show that total employment continued to grow in the fourth quarter of last year, but the pace among both residents and non-residents slowed, the Ministry of Manpower said Monday.
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Jan 14, 2025 | 
wsj.com | Ying Xian Wong |Amanda Lee
A long-planned business zone in southern Malaysia aims to draw billions of dollars in investment into a hub twice the size of London, building up sectors ranging from artificial intelligence to technology manufacturing in a region fast-becoming a data-center powerhouse.
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Jan 9, 2025 | 
wsj.com | Amanda Lee |Amanda Lee
Singapore’s benchmark equities index is fresh off a record high, helped by a resurgence in the city’s heavyweight bank stocks in a time of higher-for-longer global interest rates. New global uncertainties and local measures to boost trading liquidity could add to the gains, analysts said. The FTSE Straits Times Index notched its highest-ever close Wednesday.
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Dec 11, 2024 | 
tradingview.com | Amanda Lee
Axiata, Sinar Mas Create Telco Juggernaut in Merger of Indonesian UnitsAXIATAMalaysia's Axiata Group and Indonesian conglomerate Sinar Mas Group will merge their telecommunications units in Indonesia, creating a major player with more than 94 million mobile subscribers in Southeast Asia's largest economy. The owners of XL Axiata and Smartfren Telecom said Wednesday that they signed a deal to merge the units into a listed entity to be called XLSmart Telecom Sejahtera.
