Business
Keppel DC Reit set to join STI from Jun 23
Following the Straits Times Index’s (STI) June quarterly review, Keppel DC Reit will be entering the index, replacing Jardine Cycle &…
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Business
Business
New OCBC offer for Great Eastern more attractive but fate lies in hands of significant minority shareholders: analysts
OCBC’s latest exit offer for Great Eastern is more attractive than its initial privatisation bid, but it still remains to be seen if the…
Business
Crude climbs on US jobs report, China talks
Crude rose more than US$1 a barrel on Friday, posting its first weekly gain in three weeks after a favourable US jobs report and resumed…
Business
Europe: Equities gain for second week on jobs data and trade hopes
EUROPEAN shares rose for a second straight week, buoyed by robust US employment figures and diminishing concerns over trade friction that…
Business
US: Stocks rebound on jobs data relief, US-China talks
Wall Street stocks bounced on Friday as solid US employment data helped stave off concerns of an imminent downturn, while President Donald…
Business
Gold Edges Higher as Rate Cut Hopes Grow; Silver Hits 13-Year Peak on Industrial Demand
Gold offered a glimmer of hope for many investors who kept an eye on the tumultuous markets this week. Amid mounting jobless claims and…
Business
BNP to cut 200 branches by end of 2026 to kick off retail revamp
BNP Paribas chief executive officer Jean-Laurent Bonnafe plans to cut hundreds of domestic retail branches in an effort to lift…
Business
US: Wall Street opens higher on jobs data optimism; Tesla rebounds
stock indexes opened higher on Friday (Jun 6) after a strong jobs report calmed worries over the health of the labour market, while Tesla…
Business
UBS faces tough new Swiss banking sector rules
The Swiss government on Friday (Jun 6) proposed stricter rules for UBS following its takeover of Credit Suisse, which could make it hold…
Business
Sasseur Reit receives up to 508 million yuan from sponsor for refinancing
Sasseur Real Estate Investment Trust’s (Reit) said a wholly owned subsidiary of its sponsor has entered into an unsecured sponsor loan…
Business
Stonepeak said to be in exclusive talks for RM9 billion buyout of Yinson
EPEAK Partners is in exclusive talks for a buyout of Yinson Holdings that may value the firm at as much as RM9 billion (S$2.73 billion),…
Business
Thakral’s associate GemLife in advanced talks to IPO on Australian exchange via stapled securities
There is still no assurance or certainty that the proposed IPO would proceed and close successfully, says the company Property investor…
Business
Asia's Markets Slide as Trump-Musk Clash Rattles Tech Stocks, Eyes Now on US Payrolls
Asian markets opened Friday with guarded optimism following a dramatic overnight fallout between U.S. President Donald Trump and tech…
Business
Procter & Gamble’s job cuts raise questions over possible impact on Singapore operations, new facility plans
Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing…
Business
Procter & Gamble’s job cuts raise questions over possible impact on 2,300 staff and operations in Singapore
Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing…
Business
Venture capital investment is rising in Los Angeles — and not just for AI startups
Early this year, private equity firm Blackstone bet big on the future of artificial intelligence by investing $300 million in a Chatsworth…
Business
Hello Kitty owner overtakes Toyota in stock turnover
Shares of Sanrio, which was added to MSCI’s Japan index last month, jumped 12% in May Hello Kitty owner Sanrio surpassed Japan’s biggest…
Business
Singapore stocks rise post Trump-Xi talks; STI up 0.4%
Across the broader market, gainers beat losers 266 to 205 as 849.5 million securities worth S$1.1 billion change hands. Local bourse ended…
Business
Japan curry shops see record bankruptcies as rice prices soar
Thirteen curry shops with more than 10 million yen (S$89,345) in debt filed for bankruptcy in the year ending in March A record number of…
Business
Gold could test US$4,000 an ounce amid fiscal fears, escalating trade tensions: market watchers
While gold has cemented itself above US$3,000 an ounce in 2025 amid trade uncertainty and US fiscal fears, a bullish forecast could see…
Business
India focuses on growth with larger-than-expected 50 bps cut in key rate; slashes reserve ratio
The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction,…
Business
MAS, SPF to block website access to unlicensed trading platforms Octa and XM from Jun 20
The websites of unlicensed trading platforms Octa and XM will be blocked for Singapore residents with effect from Jun 20, said the…
Business
Teo Chee Hean to succeed Lim Boon Heng as Temasek chairman in October
Former senior minister Teo Chee Hean will become chairman of Temasek Holdings in October, taking over from Lim Boon Heng, Temasek said in…
Business
Cordlife collection rates have not recovered to pre-incident levels, but resumption of Singapore operations are ‘encouraging’
Cordlife said that the full resumption of its Singapore operations is an “encouraging step” in restoring client confidence and regaining…