News
US: Stocks fall as investors pare risk on Middle East clash
Published Sat, Jun 14, 2025 · 06:03 AM[NEW YORK] Wall Street stocks finished sharply lower Friday (Jun 13) as Iran launched counterstrikes in response to an Israeli siege, leaving...
US: Wall St opens lower as Israel-Iran conflict hits risk appetite
Published Fri, Jun 13, 2025 · 09:43 PM[NEW YORK] Wall Street’s main indexes opened lower on Friday (Jun 13) after Israel’s deadly strike on Iranian nuclear facilities inflamed tensions...
Thakral associate GemLife inks underwriting agreement for Australian IPO launching ‘very shortly’
The company holds an effective interest of 31.7 per cent in GemLife, a lifestyle resorts business in Australia[SINGAPORE] Mainboard-listed Thakral Corp’s associate GemLife has signed an underwriting agreement for...
Google Cloud and Digital Industry Singapore launch programme to spearhead AI development among companies
[SINGAPORE] Digitally-mature companies keen on doing more in the area of artificial intelligence (AI) will now have the opportunity to tap a new programme. The AI Cloud Take-Off Programme launched...
Maybank downgrades Thai retail sector on weak sales, consumption
[SINGAPORE] Maybank Investment Bank has downgraded Thailand’s retail sector to “neutral” amid weak consumption and falling same store sales growth (SSSG). The bank’s analyst, Suttatip Peerasub, added in a note...
Chinese firms in talks to join group for Li Ka-Shing’s ports
[HONG KONG] China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing’s global ports, according to people...
Middle East tensions hit Asian and Asean markets; oil and gold prices spike
[SINGAPORE] A wave of geopolitical panic swept across Asian markets on Friday (Jun 13), after Israel launched strikes on Iran’s nuclear and military infrastructure, stoking fears of a wider...
Pop Mart’s 200% stock rally spurs rush to hike price targets
Published Fri, Jun 13, 2025 · 01:06 PM — Updated Fri, Jun 13, 2025 · 01:08 PMWALL Street analysts are rushing to raise price targets on Pop Mart International...
Gold tops one-month high as Middle East tensions spur safe-haven demand
GOLD prices climbed on Friday to their highest point in more than a month, on track for a weekly gain, as investors sought safe-haven assets after Israel’s strike on Iran...
Jetstar Asia shutdown: Income Insurance extends ‘goodwill’ coverage outside of ticket expenses
[Singapore] Income Insurance has announced in a statement on Thursday (June 12) that it will offer coverage to eligible customers affected by Jetstar Asia’s upcoming shutdown, even though such...