News
Britain to cut companies’ energy bills in new industrial strategy
[LONDON] Britain will aim to cut the electricity bills of thousands of companies under a new industrial strategy to be published on Monday, heeding calls from business to lower...
US Federal Reserve’s Daly says employment, inflation risks roughly in balance
Officials see slower economic growth, higher inflation and rising unemployment, and hold divided views on the outlook for interest rates, according to their latest projectionsPublished Mon, Jun 23, 2025...
Hong Kong stock rally shakes up investor playbook for China
Wall Street entered 2025 with bullish bets on onshore Chinese stocks, counting on Beijing’s stimulus drive to cushion the blow from US tariffs. Six months in, they couldn’t have...
Despite softer retail outlook, most S-Reits with Singapore retail assets record double-digit positive rent reversions
[SINGAPORE] Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have recorded improvements in revenue and net property income (NPI), supported by improved operating metrics, positive rental...
Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites
A US attack on Iranian nuclear sites could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and triggering a rush to safety,...
Meta launches US$399 Oakley AI glasses with 3k video recording
The company is planning to introduce higher-end glasses with a display to view notifications and the camera view finder later this year, Bloomberg News has reported. In 2027, it...
Former EMA board director now leads energy firm H2G; predecessor stays on amid court case
[SINGAPORE] Former Energy Market Authority (EMA) board director Pek Hak Bin has been appointed chief executive of energy transition firm H2G Green, as the home-grown company sharpens its focus...
LME imposes new restrictions on holders of large positions
Published Sat, Jun 21, 2025 · 10:46 AM[LONDON] The London Metal Exchange (LME) has imposed new restrictions on holders of large positions in nearby contracts amid low inventory levels,...
Apple executives have held internal talks about buying AI startup Perplexity
[SAN FRANCISCO] Apple executives have held internal discussions about potentially bidding for artificial intelligence (AI) startup Perplexity AI, seeking to address the need for more AI talent and technology.Adrian...
Tesla invites select few to Texas robotaxi trial with front seat safety monitors
[SAN FRANCISCO] Tesla has sent out invitations to a small group of people to join the limited test of its robotaxi service in Austin, Texas, which is tentatively set...
