TSMC capex outlook key to next phase of US$330bil stock rally
With Taiwan Semiconductor Manufacturing Co (TSMC) still trading at pedestrian valuations even after surging to a record high, there is…
Vietnam offers good potential for offshoring market
Vietnam is an attractive choice for businesses who are looking for outsource solutions, given its affordable workforce, highly skilled human…
Yuan tests key milestone on loosening govt grip
China’s second attempt in a month to loosen its grip on the yuan is opening up the door for the…
Joe Biden’s climate law not nearly sufficient
President Joe Biden’s landmark climate law has mobilised hundreds of billions of US dollars in federal and private capital for…
Foreign investors heading for the exit
Foreign investors in the Vietnamese stock market continued net selling in the first quarter of 2024, with active funds and…
Chevron launches fund for low carbon technologies
Chevron’s venture capital arm launched on its third fund to invest in renewable energy technologies with a US$500mil commitment, as…
Major exports slump 20.7% in March
Singapore’s non-oil domestic exports (Nodx) shrank 20.7% in March from a high base a year ago, as both electronic and…
IMF lifts growth forecast for the world economy
The International Monetary Fund (IMF) inched up its expectations for global economic growth this year, citing strength in the United…
Vietnam mounts huge US$24bil rescue for bank engulfed in fraud
Vietnam has mounted an “unprecedented” rescue of Saigon Joint Stock Commercial Bank (SCB), a lender engulfed in the nation’s biggest…