Stoneweg European Business Trust invests 50 million euros in fund with early-stage data centre sites

Stoneweg European Business Trust invests 50 million euros in fund with early-stage data centre sites

They will be 225 hectares in total size located in Ireland, Spain, Italy, and Denmark [SINGAPORE] Stoneweg European Business Trust announced on Tuesday (Jun 24) that it has made a 50 million euros (S$74.4 million) investment in the Stoneweg Icona data-centre fund. The data centre portfolio comprises interests in four early-stage data centre development sites…

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Tesla sued over Model S crash that killed three in New Jersey

Tesla sued over Model S crash that killed three in New Jersey

TESLA was sued on Monday by the estates of three people killed last September when their 2024 Model S equipped with Autopilot and Full Self-Driving features crashed on New Jersey’s Garden State Parkway. The wrongful death lawsuit filed in the federal court in Camden, New Jersey, attributed the deaths of David Dryerman, 54; his wife…

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A US$4 billion Hong Kong family office makes first crypto foray

A US billion Hong Kong family office makes first crypto foray

A MONEY manager to some of Hong Kong’s richest individuals will start investing in crypto, as more favourable regulations attract a wider array of investors to the digital-asset sector.  VMS Group, a multifamily office with just under US$4 billion in assets under management, plans to allocate up to US$10 million to strategies run by decentralised-finance…

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US Fed official says open to July interest rate cut

US Fed official says open to July interest rate cut

[WASHINGTON] A key US central bank official called on Monday for an interest rate cut as early as July if inflation effects from President Donald Trump’s sweeping tariffs remain limited. The comments by Federal Reserve vice-chair for supervision Michelle Bowman came days after Fed governor Christopher Waller also said the bank could lower rates as…

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Europe: Stocks fall in wake of US-Iran tensions

Europe: Stocks fall in wake of US-Iran tensions

EUROPEAN stocks stumbled on Monday. The pan-European Stoxx 600 index closed 0.28 per cent lower at 535.03, after touching its lowest level in over a month earlier in the session. Other major bourses also closed in the red, with Germany down 0.3 per cent, France down 0.7 per cent, Britain’s FTSE down 0.2 per cent, while Spain’s…

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US: Stocks rally as crude prices fall sharply

US: Stocks rally as crude prices fall sharply

Published Tue, Jun 24, 2025 · 06:12 AM [NEW YORK] Wall Street stocks rose on Monday as markets shrugged off Iran’s response to the weekend US military strike while petroleum-related equities plummeted with crude prices. Iran announced it had launched missiles at a major US base in Qatar, with explosions ringing out in Doha and projectiles seen…

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Why Soft-Close Cabinets Are a Must-Have When Shopping Online

Convenience and functionality are top of mind for contemporary consumers in this fast-paced world. Since the boom of online shopping, sourcing products that address these needs has never been easier. Among all home improvement ideas, one real gem is soft-close cabinets. Not only do these cabinets contribute to the space’s aesthetics, but they also offer…

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Did Iran Shift Its Uranium Stockpile Before Attack? Satellite Images Show Trucks Near Fordow Nuclear Site Ahead of US Airstrike

Did Iran Shift Its Uranium Stockpile Before Attack? Satellite Images Show Trucks Near Fordow Nuclear Site Ahead of US Airstrike

Satellite images that emerged on Monday morning appear to show dozens of trucks gathered at Iran’s Fordow nuclear site just days ahead of the U.S.’s major airstrikes, fueling speculation that Tehran may have shifted its uranium stockpiles before the attack. The images, provided by American defense contractor Maxar Technologies, showed more than a dozen cargo…

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