News

Beyond polar bears: How nature-related financing can help companies be more resilient
[SINGAPORE]  A cracked, parched earth. Bare trees and withered crops. Emaciated livestock. That is often the image one has when a drought occurs. An image that is often far...
Meta sued by Eminem’s publishing company over alleged copyright infringement
Eight Mile Style, a company that owns some of Eminem’s most popular songs, is suing social media giant Meta over alleged copyright infringement. The lawsuit, filed in a federal...
AMC Networks partners with AI startup Runway
AMC Networks, known for series such as “Breaking Bad” and “The Walking Dead,” is partnering with AI startup Runway to use AI tools for marketing and developing its TV...
US: Wall Street opens slightly higher after private payrolls data
Published Wed, Jun 4, 2025 · 09:53 PM[NEW YORK] US stocks inched up in choppy trading on Wednesday (Jun 4) after weaker-than-expected private payrolls data deepened concerns about the...
Tesla’s China shipments extend slump, bucking broader sales boom
Published Wed, Jun 4, 2025 · 07:43 PM[HONG KONG] Tesla’s vehicle shipments from its China factory fell for an eighth straight month, extending a global sales slump as chief...
What to know about China’s rare earth export controls
[BEIJING] Global manufacturers have raised the alarm on China’s decision to curb exports of rare earths alloys, mixtures and magnets. Here is an overview of rare earths and China’s measures: What...
Thailand to buy 12 Swedish Gripen fighter jets, air force says
Published Wed, Jun 4, 2025 · 04:54 PM[BANGKOK] Thailand plans to acquire a dozen Gripen JAS 39 fighter jets built by Sweden’s SAAB over 10 years to replace its...
China considers ordering hundreds of Airbus jets in major deal
[HONG KONG] China is considering placing an order for hundreds of Airbus aircraft as soon as next month, when European leaders visit Beijing to celebrate the countries’ long-term ties,...
Paragon Reit to delist from SGX on June 6
Minority unitholders have received their scheme consideration payments on Jun 4, 2025 [SINGAPORE] Paragon Reit will delist from the Singapore Exchange with effect from 9 am on Jun 6,...
Asia: Stocks track Wall Street up after jobs data, Seoul surges on Lee win
[HONG KONG] Asian shares extended a global rise on Wednesday following data indicating the US economy remained resilient, with South Korean equities and the won standing out as the...
Ping An Insurance raises US$1.5 billion from convertible bonds
[HONG KONG] Ping An Insurance (Group) of China has sold HK$11.8 billion (S$1.9 billion) in bonds that can be converted into shares listed in Hong Kong, marking the insurance...
Australian dollar out of gas as economy sputters
[SYDNEY] The Australian and New Zealand dollars barely budged on Wednesday as domestic economic data again disappointed, adding to market wagers that interest rates will have to be cut...