Huawei

Currencies

The US is driving demand for alternatives to its dollar hegemony

SINGAPORE (July 15): The ongoing diplomatic crisis between the US and its longstanding “special” ally, the UK, is not doing the former’s global reputation any favours, especially with its commander-in-chief’s approach towards foreign policy and in

US-China trade war

Trade tensions kick Asian business confidence to 10-year low

MUMBAI (June 19): Confidence among Asian companies in the June quarter fell to its lowest since the 2008-09 financial crisis, as a US-China trade war disrupts global supply chains and shows little sign of easing soon, a Thomson Reuters/INSEAD survey found

US-China trade war

Trump says he'll raise China tariffs if Xi won't meet at G-20

(June 11): President Donald Trump threatened to raise tariffs on China again if President Xi Jinping doesn’t meet with him at the upcoming Group of 20 summit in Japan.

Hot Stock

AEM up 9.5% as it revises FY19 revenue range upwards

SINGAPORE (Apr 25): Shares in AEM Holdings are up 10 cents at $1.15 with 32.8 milliion units changing hands as at 3.49pm after management revised FY19 revenue range upwards to between $225 million and $250 million.

In print this week

How events like Huawei CFO's arrest affect financial markets

SINGAPORE (Dec 14): By mid-2018, it was shaping up to be the most volatile year for global markets since 2008.

Global Economy

Singapore soars up innovation rankings, US falls out of top 10

SINGAPORE (Jan 23): Singapore jumped ahead of European economies Germany, Switzerland and Finland into third place on the strength of its top ranking in the tertiary-efficiency category in the 2018 Bloomberg Innovation Index.

Ascendas India Trust to acquire six warehouses in India for up to $112.5 mil

SINGAPORE (Nov 24): The trustee-manager of Ascendas India Trust (a-iTrust) is acquiring six warehouses from logistics and supply management service provider Arshiya for a total consideration of INR 5.34 billion ($112.5 million).  

Results

Keppel T&T 2Q earnings nearly halved to $10.3 mil

SINGAPORE (July 19): Keppel Telecommunications & Transportation (Keppel T&T) has reported earnings of $10.3 million for the quarter ended June, down by 45.3% from $18.8 million a year ago.

Huawei’s cognitive data centre reference site launched at Keppel DC Singapore 4

SINGAPORE (May 22): Huawei and Keppel Data Centres – a 70-30 joint venture company between Keppel T&T and Keppel Land – today announced the launch of Huawei’s cognitive data centre reference site at Keppel DC Singapore 4, formerly known as Keppel Da
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