Daily Debrief: What Happened Today (Apr 24)

Stories you might have missed

Malaysia’s stock market faces bleak outlook as foreign outflows hammer sentiment

[KUALA LUMPUR] Mounting uncertainty over United States’ trade policy – particularly the risk of sweeping new tariffs under a second Trump administration – is shaking investor confidence in Malaysia, triggering sharp equity outflows and weighing on the country’s economic outlook.

Trump tariffs intensify European exporters’ Asean focus, say business chambers in Singapore

[SINGAPORE] In the wake of US tariffs, Asean is gaining renewed attention from European companies as both an investment location and a source of demand, said business groups.

Singapore dealer for China’s Neta EV shuts down after cars fail to arrive for months: sources 

[SINGAPORE] Evology Automobile – the dealer/distributor for China automotive brand Neta – closed abruptly earlier this month after the expected delivery of the cars did not take place, The Business Times learnt.

Latest Singapore six-month T-bill cut-off yield falls to 2.38%

[SINGAPORE] The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.38 per cent, the auction results by the Monetary Authority of Singapore on Thursday (Apr 24) showed. 

Teo Hock Seng’s Old Holland Road GCB sold after auction closes via private treaty

[SINGAPORE] A Good Class Bungalow (GCB) along Old Holland Road, belonging to automotive group Komoco Holdings executive chairman Teo Hock Seng, has been sold via private treaty, after being withdrawn from auction.