Singapore shares rise even as exports in May fall; STI up 0.6%

Singapore shares rise even as exports in May fall; STI up 0.6%

[SINGAPORE] Shares on the local bourse ended higher on Tuesday (Jun 17), even as Singapore’s key exports declined 3.5 per cent year on year in May, reversing sharply from April’s surge. The benchmark Straits Times Index (STI) rose 0.6 per cent or 22.18 points to close at 3,930.64. Across the broader market, advancers edged out…

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Train a virtual dragon? Film studios turn to Roblox and other games to reach young fans

Train a virtual dragon? Film studios turn to Roblox and other games to reach young fans

Surrounded by virtual cliffs and a cascading waterfall, dragon riders on Roblox’s massive online gaming platform immerse themselves in a memorable scene from “How to Train Your Dragon.” In the sequence, the young Viking Hiccup reaches out his hand to touch Toothless, the black, green-eyed dragon he once feared. After players feed Toothless enough digital…

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Family offices look to raise allocations to non-US, developed markets equities: BlackRock survey

Family offices look to raise allocations to non-US, developed markets equities: BlackRock survey

[SINGAPORE] Family offices are raising their portfolio allocations for non-US developed market equities as tariff tensions and concerns about a US economic slowdown are prompting many to diversify, a BlackRock survey has found. This comes as US shares have had a volatile year marked by the Trump administration’s on-and-off tariff shifts, with the S&P 500 underperforming…

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Teads returns to Cannes Lions post Outbrain merger

Teads returns to Cannes Lions post Outbrain merger

Teads is returning to Cannes Lions post-merger with Outbrain, and its telling clients how the newly-combined company, can help brands make use of artificial intelligence, targeted advertising and data-driven strategies to expand their businesses and reach. Here, Teads CEO David Kostman and Chief Business Officer of the Americas talk to The Post about life post-merger,…

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Great Eastern suspends pre-authorisation certificate for admission to Mount Elizabeth hospitals

Great Eastern suspends pre-authorisation certificate for admission to Mount Elizabeth hospitals

[SINGAPORE] Insurer Great Eastern (GE) has temporarily suspended pre-authorisation certificates for Mount Elizabeth Hospitals from Tuesday (Jun 17). In a message to its panel doctors, the insurer said that high costs from Mount Elizabeth and Mount Elizabeth Novena hospitals, compared to other private hospitals, have driven this decision. Sustainability of coverage has resulted in GE…

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‘Significantly higher costs’: Great Eastern suspends pre-authorisation certificate for admission to Mount Elizabeth hospitals

Great Eastern suspends pre-authorisation certificate for admission to Mount Elizabeth hospitals

The insurer says it is prioritising facilities that deliver the same care with higher transparency and cost effectiveness [SINGAPORE] Insurer Great Eastern (GE) has temporarily suspended pre-authorisation certificates for Mount Elizabeth Hospitals from Tuesday (Jun 17). In a message to its panel doctors, the insurer said that high costs from Mount Elizabeth and Mount Elizabeth…

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Trump administration weighs adding 36 countries to travel ban, memo says

Trump administration weighs adding 36 countries to travel ban, memo says

President Donald Trump’s administration is considering significantly expanding its travel restrictions by potentially banning citizens of 36 additional countries from entering the United States, according to an internal State Department cable seen by Reuters. Earlier this month, the Republican president signed a proclamation that banned the entry of citizens from 12 countries, saying the move was needed to protect the…

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Mysterious hooded figure scales 250-foot-high Roosevelt Island Tram tower in nail-biting clip

Mysterious hooded figure scales 250-foot-high Roosevelt Island Tram tower in nail-biting clip

A hooded, masked daredevil scaled the towering Roosevelt Island Tramway Monday evening and had to be brought down by cops in climbing gear, according to police and shocking footage. The 20-year-old suspect was seen nonchalantly walking back and forth along the gangway of the tramway’s 250-feet-tall support tower on the Manhattan side, wild video obtained…

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