News
Lum Chang Creations lodges preliminary document for Catalist IPO
[SINGAPORE] Interior fit-out business Lum Chang Creations has lodged a preliminary prospectus on Monday (Jun 23) for a Catalist listing on the Singapore Exchange.It follows the business spin-off from...
Private-hire group urges Grab to delay bonus revamp, over fears that drivers’ earnings will be hurt
[SINGAPORE] The National Private Hire Vehicles Association (NPHVA) has urged Grab to delay changes to its driver incentive scheme, saying it is “particularly concerned” about the impact on drivers’...
Airlines weigh Middle East cancellations after US strikes in Iran
[NEW YORK/SEOUL] Airlines on Monday (Jun 23) were weighing how long to suspend Middle East flights as a conflict which has already cut off major flight routes entered a...
Global airlines halt Middle East flights as war disruptions reach Dubai
[DUBAI] Major global airlines extended flight cancellations to the Persian Gulf, disrupting air traffic to critical hubs such as Dubai after the US struck nuclear sites in Iran and...
Wing Tai Properties sells entire equity interest in Topworth Enterprises for £43 million
[SINGAPORE] Wing Tai Properties announced on Monday (Jun 23) that its indirect wholly owned Europe subsidiary had sold British Virgin Islands-incorporated Topworth Enterprises for £43 million (S$74.5 million) last...
UBS downgrades Thai stocks to neutral as political woes weigh
Published Mon, Jun 23, 2025 · 12:01 PM[SINGAPORE] UBS Group strategists downgraded Thai stocks to neutral from overweight, citing recent political uncertainty which could impact policy direction and investor...
Cordlife to hold townhalls for affected clients of damaged and high-risk tanks in Singapore
[SINGAPORE] Private cord-blood bank Cordlife announced on Monday (Jun 23) that it will begin holding a series of in-person and online townhalls this week with affected customers from the...
Air India crash risks fuelling up to 30% jump in insurance premiums
The airline’s fleet is insured for about US$20 billion in total, with an annual premium near US$30 million, according to data from PolicybazaarPublished Mon, Jun 23, 2025 · 09:49...
US urges China to dissuade Iran from closing Strait of Hormuz
Published Mon, Jun 23, 2025 · 09:02 AM[WASHINGTON] US Secretary of State Marco Rubio on Sunday (Jun 22) called on China to encourage Iran not to shut down the...
Oil prices surge more than 4% in early Asian trade
Published Mon, Jun 23, 2025 · 08:14 AM[TOKYO] Oil prices surged in early trade on Monday, after the United States joined Israel’s campaign against Tehran’s atomic programme by bombing...
