The initial public offering market in Singapore was set for a “strong rebound” this year, with the current pipeline of “blockbuster” listings already pointing to the highest amount of funds raised since 2014, according to a Deloitte report. That was despite slower activity in the first half of 2017, when the Singapore Exchange (SGX) added […]

Look beyond tweets and “media snow” to see what U.S. President Donald Trump has actually done, former Australian Prime Minister John Howard said on Wednesday. “I think what people should look at is the substance of the outcome of all the things he does,” Howard told CNBC’s “Squawk Box“. Trump’s response to the Syrian government’s […]

A wave of erroneous market data appeared on several finance sites in early Asia hours on Tuesday, with Nasdaq-listed stocks such as Apple, Google, Amazon and Microsoft all showing prices of $123.47 each. The incorrect data was discovered on Google Finance and Yahoo Finance. Bloomberg terminals were also showing incorrect data, according to a Dow […]

North Korea launched a missile on Tuesday, with Japan saying it appeared to have landed in the Japanese exclusive economic zone (EEZ), Reuters reported. On its website, South Korean state news agency Yonhap cited South Korea’s military as saying an unidentified ballistic missile launched from a location near the North’s border with China at 9:40 […]

The Reserve Bank of Australia may be widely expected to keep interest rates on hold at its policy-setting meeting on Tuesday, but analysts will be closely watching its statement to see which way the wind is blowing. “The risk is the RBA adopts more upbeat views on Australian economic activity considering the solid growth in […]

Torrential rain lashed parts of central and south China on Monday, with floods damaging crops, forcing hundreds of thousands from their homes and killing at least 33, while the north wilted in a heat wave and drought-like conditions. Water levels in more than 60 rivers in southern China have risen above warning levels, the flood […]

India’s historic tax reforms, rolled out on Jul. 1, are expected to be a positive for the fast-moving consumer goods (FMCG) companies and firms producing consumer durables, analysts at Nomura said in a note. The new Goods and Services Tax (GST) regime replaces a thicket of indirect central and state levies that critics argue have […]

French bank Societe Generale said Monday it has teamed with the Singapore Exchange to introduce one of Europe’s “fastest growing” trading products into Asia — something called “daily leverage certificates.” The certificates, or DLCs, are exchange-traded products that allow investors to multiply their returns by betting on the daily rise and fall of the underlying […]

Tesla Inc.’s high-volume Model 3 sedan passed all regulatory requirements for production two weeks ahead of schedule, Chief Executive Elon Musk tweeted on Sunday night. “(Model 3) Production grows exponentially, so Aug should be 100 cars and Sept. above 1,500,” Musk said on Twitter. “Looks like we can reach 20,000 Model 3 cars per month […]

Financial systems in Asia have improved tremendously since the Asian Financial Crisis swept the region 20 years ago, but the world’s second-largest economy, China, is presenting fresh risks, experts told CNBC on Monday. The crisis was triggered by a devaluation of the Thai baht on July 1997, which sparked a contagion effect across the region. […]