News

Virgin Australia seeks to raise US$442.8 million in IPO, term sheet shows
Published Wed, Jun 4, 2025 · 10:24 AMBAIN Capital-owned Virgin Australia is looking to raise A$685 million (S$442.7 million) in an initial public offering, according to a term sheet seen...
Nio records US$949.6 million net loss for Q1
[SINGAPORE] Chinese electric vehicle maker Nio posted a net loss of US$949.6 million for its first quarter of 2025 ended March, representing a 31.1 per cent increase from the...
Stoneweg E-Reit announces strategic stapling to form stapled trust
On completion of the proposed stapling, the stapled entity will be named ‘Stoneweg Europe Stapled Trust’ or Sert for short[SINGAPORE] The manager of Stoneweg European Real Estate Investment Trust...
US efforts to boost crop sales to Asia bear fruit in Vietnam
[SINGAPORE] US efforts to increase exports of agricultural products to Asia, excluding China, look to be bearing fruit, with Vietnam pledging to buy more American goods to strengthen trade...
Global alarms rise as China’s critical mineral export ban takes hold
[WASHINGTON] Alarm over China’s stranglehold on critical minerals grew on Tuesday (Jun 3) as global automakers joined their US counterparts to complain that restrictions by China on exports of...
US farm sentiment at four-year high as Trump seeks trade deals
[CHICAGO] American farmer sentiment jumped to a four-year high, with growers betting on rising crop exports as the Trump administration pushes for more trade deals from Vietnam to Italy....
Europe: Shares flat amidst inflation data, trade jitters
EUROPE’S benchmark stock index ended little changed on Tuesday, as investors ceded ground under the dual pressure of softening economic indicators and persistent global trade anxieties.The pan-European Stoxx 600 closed...
US: Wall Street opens mixed as investors await trade negotiations
Published Tue, Jun 3, 2025 · 09:46 PM[NEW YORK] Wall Street’s main indices opened mixed on Tuesday (Jun 3) as investors awaited possible negotiations between the United States and...
Thailand and Indonesia could be growth laggards in Asean: Nomura
[SINGAPORE] Thailand and Indonesia are expected to be growth laggards within Asean, noted Euben Paracuelles, chief Asean economist at Nomura at the Nomura Investment Forum Asia press conference held...
Temasek’s Mapletree Investments returns to profit, hits record AUM of S$80.3 billion in FY2025
[SINGAPORE] Temasek’s Mapletree Investments reversed a loss from the previous year to turn a profit of S$227.2 million for the full-year ended Mar 31, on the back of narrowed...
Singapore stocks climb on the prospects of Trump-Xi talks this week; STI up 0.1%
Gainers beat losers 313 to 192 with 1.1 billion securities worth S$1.3 billion changing hands[SINGAPORE] Local stocks ended Tuesday (Jun 3) higher as investors anticipated possible trade talks between...
Julius Baer focuses on costs as CEO sets ‘realistic’ goals
The Zurich-based wealth manager will seek 130 million Swiss francs (S$205 million) in cost reductions to 2028Published Tue, Jun 3, 2025 · 04:05 PMJULIUS Baer is stepping up its...