News
UK made fewer vehicles for the fifth straight month in May as tariffs bite
[LONDON] Britain’s vehicle production declined from a year ago for the fifth successive month in May, industry data showed on Friday, as factory disruptions and US tariffs weighed on...
Hong Kong’s equity capital markets bounce back in first half, as Shein IPO looms
HONG Kong’s equity capital markets activity roared back to life in the first half of 2025, driven by global investors sharpening focus on China, as the city awaits the...
Oil inches up on US demand strength; fading Middle East supply risks offset gains
[NEW YORK] Oil prices edged higher on Thursday as crude inventories in the United States fell on higher demand as summer driving season ramped up, while concerns over Middle East...
US: Stocks rise, S&P 500 ends just shy of record
Published Fri, Jun 27, 2025 · 06:12 AM[NEW YORK] Wall Street stocks rose on Thursday with tech equities leading, after the White House signalled President Donald Trump could extend a July...
Wall Street forecasts windfall for big US banks from Fed plan to ease leverage rule
[BENGALURU] Large US global banks can expect as much as US$6 trillion in additional balance sheet capacity and billions in freed up capital under a Federal Reserve plan to...
S-E Asia’s e-commerce platform gross merchandise value growth rate eases: report
[SINGAPORE] South-east Asia’s total e-commerce platform gross merchandise value (GMV) grew at a slower rate of 12 per cent year on year in 2024, as the leading platforms focused...
Salesforce CEO says 30% of internal work is being handled by AI
Tech leaders have been increasingly vocal about the potential for AI to replace human workersPublished Thu, Jun 26, 2025 · 08:39 PM[NEW YORK] Salesforce chief executive officer Marc Benioff...
Singapore stocks rise on Thursday amid mixed regional trading, STI up 0.3%
[SINGAPORE] Local stocks ended higher on Thursday (Jun 26), amid mixed trading in the region.
The benchmark Straits Times Index (STI) rose 0.3 per cent or 12.48 points to 3,938.46....
China tech firms ramp up M&A deals with the blessing of Beijing
[BEIJING] After a chastening crackdown that wiped billions off their value and forced top executives out of the public eye, China’s technology giants are back in favour and on...
Japan hits M&A record of US$232 billion, driving Asia deals rebound
[TOKYO/HONG KONG] Japan is driving Asia’s mergers and acquisitions (M&A) rebound in 2025 with a record US$232 billion worth of deals in the first half, and bankers expect the...
