News
HSBC disbands team focused on managing geopolitical risks
Published Fri, Jul 18, 2025 · 05:04 PM[LONDON] HSBC Holdings is disbanding a team of staffers that were focused on identifying and managing geopolitical risk even as the possibility...
Asia: Markets on course to end week on a positive note
[HONG KONG] Asian markets headed into the weekend on a broadly positive note on Friday (Jul 18), as investors took up New York’s latest record highs sparked by healthy...
Maybank initiates ‘buy’ call on Keppel DC Reit amid demand for AI adoption, cloud migration
[SINGAPORE] Maybank Securities analyst Krishna Guha on Thursday (Jul 17) initiated a “buy” rating on Keppel DC Reit, with a target price of S$2.40, considering that it would benefit from...
Ultra-rare metal rides AI boom as star performer among commodities
[SINGAPORE] Thanks to the boom in artificial intelligence (AI), an ultra-rare element that you’ve probably never heard of is one of this year’s best-performing raw materials.Ruthenium, a silvery grey...
Cathay cinema survived a world war, but there may not be a sequel for the icon
[SINGAPORE] Cathay cinema could face its final curtain call after 85 years, as streaming and shifting consumer patterns deal a fatal blow to theatres around the world. Media company...
Japan, EU to explore joint rare earths procurement: Nikkei
[BENGALURU] Japan and the European Union will consider joint public-private partnerships as they look to reduce their reliance on China in areas such as the procurement of rare earths,...
Gold heads for weekly dip as strong dollar, US data weighs
[BENGALURU] Gold was flat in early Asian trade on Friday (Jul 18), heading for a weekly fall, weighed down by an overall stronger US dollar and solid US economic...
Food Empire partners AirAsia to launch ready-to-drink beverages
The tie-up kicks off with a Vietnamese iced-coffee product to be sold on board the airline’s flights[SINGAPORE] Mainboard-listed Food Empire will partner low-cost airline AirAsia to co-develop and launch...
Stocks to watch: OCBC, Singtel, Wilmar, Food Empire, Telechoice
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jul 18): OCBC, Singtel: The bank will partner the three local universities on...
Wells Fargo suspends China travel after employee exit ban: source
[NEW YORK] Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a source familiar with the matter told Reuters on Thursday...
