News
Eight-country coalition aims to tax luxury air travel
[SEVILLE, Spain] Countries including France, Kenya, Barbados and Spain on Monday launched a coalition to push for taxes on wealthy air passengers to help poorer nations respond to climate...
US: S&P 500, Nasdaq end at records, adding to big quarterly gains
[NEW YORK] Wall Street stocks rose again on Monday amid optimism over trade negotiations and US tax cut legislation to conclude the final session of the second quarter at fresh records.The...
Millennium Hotels and Resorts ties up with German hotelier Maritim in cross-brand loyalty deal
As part of the partnership, both companies will jointly participate in major trade shows and roadshows[SINGAPORE] Millennium Hotels and Resorts has partnered Germany’s Maritim Hotels to launch a cross-brand...
NTT seeks up to US$864 million in data centre Reit’s Singapore IPO
[SYDNEY/SINGAPORE] Japanese telecom giant NTT is seeking to raise roughly US$864 million in a Singapore IPO for a data centre Reit if an overallotment option is included, according to...
China urges Canada to ‘correct wrongdoing’ over Hikvision shutdown
Published Mon, Jun 30, 2025 · 08:35 PM[BEIJING] China’s commerce ministry on Monday (Jun 30) urged Canada to “immediately correct its wrongdoings” after Ottawa ordered the Chinese surveillance camera...
ECB tweaks strategy to counter sustained inflation swings, either up or down
[SINTRA, Portugal] The European Central Bank pledged on Monday (Jun 30) to react with equal vigour when inflation was too high as when it was too low, tweaking its...
Japan’s Nikkei ends at over 11-month high as US stocks rally boosts risk appetite
[TOKYO] Japan’s Nikkei share average closed at a more than 11-month high on Monday (Jun 30) as investor risk appetite grew after a strong rally in US equities, driven...
Global banks may push back on RBI’s offshore swap reporting plan
Bankers have held discussions through global financial market industry associations, which are expected to submit formal feedback to the central bank by the Jul 7 deadline, the sources sayPublished...
Singtel CEO Yuen Kuan Moon’s pay up 16.8% at S$8.2 million; S$2.8 billion cash holdings to help group navigate challenges
[SINGAPORE] Singtel’s leadership struck a cautiously optimistic tone on its near to medium-term outlook, even as group chief executive officer Yuen Kuan Moon’s total remuneration for financial year 2025...
India’s Adani Enterprises plans public bond sale
Published Mon, Jun 30, 2025 · 12:12 PM[MUMBAI] Indian billionaire Gautam Adani’s flagship company aims to raise 10 billion rupees (S$149.1 million) through the sale of retail bonds, and...
