The loss-making Singapore-based airline, 49% owned by Qantas, has been hit by supplier costs, airport fees, aviation charges, and growing capacity and competition in the region; Qantas, which has been impacted by Cyclone Alfred, said Singapore remains a "critical hub".
The Hong Kong-headquartered Asian life insurer, backed by billionaire Richard Li, has made several similar filings in recent years without triggering an IPO.
Now known as KLN Logistics Group (KLN) after rebranding from Kerry Logistics Network, the Group proved its mettle in 2024 by responding to a challenging business environment by being flexible, streamlining operations and diversifying beyond Greater China and across market segments.
The potential tariffs involve antidumping investigations connected to around $12bn of solar cells exported from Vietnam, Malaysia, Thailand and Cambodia, with some specific companies targeted.
Asia’s fixed income markets began 2025 on a stable footing, buoyed by falling rates and policy support from China; however, as credit spreads rise amid tariff mayhem, investors are seeking pockets of opportunities such as NBFIs and LGFVs.
Read on for the winners of the 29th iteration of the FinanceAsia Awards, across Brunei, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
US president Donald Trump has ordered a 90-day pause on retaliatory tariffs above the 10% already imposed, except for Chinese goods, with tariffs now at 145% after China retaliated; Trump has now put tariff exemptions on smartphones, electronics and computers.
The US-China trade war, sparked by US president Donald Trump's tariffs, looks like it is just beginning, with global markets set to be on a roller coaster for weeks; China has now retaliated further.