News
Mitsubishi said in advanced talks on US$8 billion Aethon deal
Japan’s government sees the artificial intelligence boom potentially lifting power demand over the next decade, and has urged the nation’s private firms to invest in gasPublished Tue, Jun 17,...
Oil prices fall US$1 per barrel on reports Iran seeks truce with Israel
[NEW YORK] Oil prices slipped $1 per barrel on Monday in volatile trading after reports that Iran is seeking an end to hostilities with Israel, raising the possibility of a truce...
US: Wall St opens higher as oil prices ease, Fed meeting in focus
Published Mon, Jun 16, 2025 · 09:43 PM[NEW YORK] Wall Street’s main indexes opened higher on Monday (Jun 16) as easing oil prices supported sentiment despite ongoing attacks between...
SIA, Scoot passenger traffic growth eases to 3.1% in May
[SINGAPORE] National carrier Singapore Airlines (SIA) and its low-cost arm Scoot reported a 3.1 per cent year-on-year increase in passenger traffic in May, easing from the previous month’s growth,...
Oil surge puts Singapore on alert as Strait of Hormuz risk grows
[SINGAPORE] Oil’s latest rally may have little immediate impact on Singapore, but analysts warn that an escalation in Middle East tensions – particularly a blockade of the highly strategic...
Apple risks fresh EU charge sheet over App store curbs
[BRUSSELS] Apple is edging towards another charge sheet from European Union antitrust watchdogs unless it quickly fixes alleged violations of a new digital law that led to a 500-million...
TotalEnergies raises Malaysian gas stake in partnership with Petronas
Published Mon, Jun 16, 2025 · 05:12 PM[KUALA LUMPUR/PARIS] French energy giant TotalEnergies has acquired further stakes in Malaysian gas assets from the country’s national producer Petronas, CEO Patrick...
DBS to add 100 wealth bankers in Hong Kong as clients trade more
DBS’s Hong Kong wealth revenue grew 86% in the first quarter from the corresponding period in 2023Published Mon, Jun 16, 2025 · 04:25 PM[HONG KONG] DBS Group Holdings, Singapore’s...
Julius Baer’s new CEO takes on old guard to revamp Swiss bank
[ZURICH] On his first day as chief executive officer, Stefan Bollinger told staff at Julius Baer Group that they should not be afraid to speak up and reach out...
Nippon Steel shares rise after Trump approves US$14.9 billion US Steel bid
[TOKYO] Nippon Steel shares rose on Monday after US President Donald Trump approved its US$14.9 billion bid for US Steel, clearing a key hurdle in its 18-month pursuit and...
