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Cathie Wood, head of Ark Investment Management, is known for buying stocks when they dip and selling after strong runs—and she just unloaded about $40 million of one of Ark’s top holdings as investors grow increasingly jittery about a possible tech bubble. Wood made a name for herself after the Ark Innovation ETF delivered a…
SGX Set for Strong Growth as Market Reforms and IPO Boom Take Hold The Singapore Exchange Group (SGX) is riding high after the bellwether Straits Times Index (STI) climbed 2.2% month-on-month in November, pushing year-to-date calendar gains to 19% and total returns to a healthy 25%. Total traded value for securities jumped 17.8% year-on-year, while…
China’s EV Battery Giants Set Sail Into Shipbuilding to Cement Beijing’s Global Dominance China’s leading electric vehicle battery makers—Contemporary Amperex Technology (CATL) and Gotion High-tech—are throwing their weight behind the country’s push to build new-energy vessels, with their latest products now powering large ocean carriers as the decarbonisation drive kicks into high gear. Chinese-made pure…
Content warning: This article contains descriptions of murder and suicide. Reader discretion is advised. A father and son were found dead after their bodies were discovered in separate places at an apartment complex in Yongin, South Korea, on Dec 11. Authorities believe the case is a murder-suicide, with a Korean man in his 40s suspected…
The World Is Shifting—And a New “Magnificent Seven” Could Be Emerging The investment world is entering uncharted waters. After decades of riding the globalisation wave, a perfect storm of pandemic supply chain disruptions, geopolitical tensions, and the Russia-Ukraine war is forcing investors to completely rethink their playbook on growth, efficiency, and risk. But according to…
Asian equities posted solid gains on Friday, riding the wave of a record-breaking session on Wall Street that followed the Federal Reserve’s latest interest rate cut. Markets across the region were on track to close out a mixed week on a positive note, even as fresh concerns about tech valuations emerged after disappointing earnings from…
SINGAPORE, 8 May 2025 – The Singapore dollar (SGD) has been on a strengthening trajectory against the US dollar (USD) in recent years. This trend has sparked discussions about the possibility of the SGD reaching parity with the USD. In this article, we delve into the factors influencing the SGD’s appreciation, analyze historical exchange rate…