News
Apple and Google face more UK antitrust scrutiny over mobile ecosystems
A final decision on both designations is expected by Oct 22, with the regulator also outlining possible next steps in its parallel investigationsPublished Wed, Jul 23, 2025 · 07:18...
Digital Core Reit H1 DPU unchanged at US$0.018
[SINGAPORE] The manager of Digital Core Real Estate Investment Trust (Reit) on Wednesday (Jul 23) posted a distribution per unit (DPU) of US$0.018 for the first half ended June...
ST Index up on Wednesday, mirroring regional indices
[SINGAPORE] The Straits Times Index (STI) closed higher on Wednesday (Jul 23), mirroring regional indices.The STI rose 0.6 per cent or 23.02 points to 4,231.28. Across the broader market,...
UBS loses EU fight over Credit Suisse’s role in ‘Sterling Lads’, but fine cut sharply
The tribunal cut the amount of the fine from 83.2 million euros to 28.9 million eurosPublished Wed, Jul 23, 2025 · 04:56 PM[BRUSSELS] UBS Group lost the crux of...
BOJ sees trade deal as raising chance of meeting inflation goal
[TOKYO] Japan’s trade deal with the US has reduced uncertainty surrounding the economy, the central bank’s deputy governor Shinichi Uchida said, signalling optimism that conditions for resuming interest rate...
PNC taps Coinbase to create crypto trading offering for bank customers
The banking industry has fiercely resisted accusations that it denies services based on ideological reasonsPublished Wed, Jul 23, 2025 · 02:17 PM[NEW YORK] PNC Bank is working with cryptocurrency...
PayPal to create global digital wallet platform with Tenpay, UPI
The company also plans to add artificial intelligence and stablecoin use cases to the digital wallet platform at some pointPublished Wed, Jul 23, 2025 · 01:06 PM[NEW YORK] PayPal...
Asia: Tokyo’s Nikkei leads rally after Japan-US trade deal
[HONG KONG] Tokyo stocks rallied with the yen on Wednesday after Japan and the United States finally hammered out a trade deal to slash Donald Trump’s tariffs, including those...
Weaker US dollar, bond yields lift gold to more than five-week high
[BENGALURU] Gold prices climbed to a more than five-week peak on Wednesday (Jul 23), supported by a softer US dollar and lower Treasury yields as investors looked forward to...
BlackRock restricts use of company devices for China travel
Global banks have scaled back their presence in the world’s second-largest economy in the past few years amid slowing economic growth and escalating trade disputes. Published Wed, Jul 23, 2025...