News

China urges Canada to ‘correct wrongdoing’ over Hikvision shutdown
Published Mon, Jun 30, 2025 · 08:35 PM[BEIJING] China’s commerce ministry on Monday (Jun 30) urged Canada to “immediately correct its wrongdoings” after Ottawa ordered the Chinese surveillance camera...
ECB tweaks strategy to counter sustained inflation swings, either up or down
[SINTRA, Portugal] The European Central Bank pledged on Monday (Jun 30) to react with equal vigour when inflation was too high as when it was too low, tweaking its...
Japan’s Nikkei ends at over 11-month high as US stocks rally boosts risk appetite
[TOKYO] Japan’s Nikkei share average closed at a more than 11-month high on Monday (Jun 30) as investor risk appetite grew after a strong rally in US equities, driven...
Global banks may push back on RBI’s offshore swap reporting plan
Bankers have held discussions through global financial market industry associations, which are expected to submit formal feedback to the central bank by the Jul 7 deadline, the sources sayPublished...
Singtel CEO Yuen Kuan Moon’s pay up 16.8% at S$8.2 million; S$2.8 billion cash holdings to help group navigate challenges
[SINGAPORE] Singtel’s leadership struck a cautiously optimistic tone on its near to medium-term outlook, even as group chief executive officer Yuen Kuan Moon’s total remuneration for financial year 2025...
India’s Adani Enterprises plans public bond sale
Published Mon, Jun 30, 2025 · 12:12 PM[MUMBAI] Indian billionaire Gautam Adani’s flagship company aims to raise 10 billion rupees (S$149.1 million) through the sale of retail bonds, and...
Canada rescinds tax hitting US tech firms: government
Published Mon, Jun 30, 2025 · 11:27 AM[OTTAWA] Canada is rescinding taxes impacting US tech firms that had prompted Donald Trump to call off trade talks in retaliation, Ottawa...
Gold falls to one-month low as trade optimism spurs risk appetite
[BENGALURU] Gold prices fell to their lowest in more than a month on Monday (Jun 30) as easing trade tensions between the US and China dampened safe-haven demand and...
Oil falls on prospect of more Opec+ supply, easing risks in Middle East
Published Mon, Jun 30, 2025 · 08:54 AM[SINGAPORE] Oil prices fell 1 per cent on Monday as an easing of geopolitical risks in the Middle East and the prospect...
Apple supplier Lens Technology seeks up to HK$4.8 billion in Hong Kong listing
The Shenzhen-listed company expects the shares to start trading in Hong Kong on Jul 9Published Mon, Jun 30, 2025 · 08:28 AM[HONG KONG] Lens Technology, a supplier to Apple,...
From Changi T5 to MBS expansion, Koh Brothers Group rides on Singapore’s infrastructural upgrades
[SINGAPORE] Construction and property group Koh Brothers is set to usher in a new era of growth, as Singapore embarks on large-scale infrastructure upgrades over the next few years. “We...
Thailand’s Minor International leans on Europe to weather country’s tourism slump
[BANGKOK] Thailand’s flagging tourism sector, weighed down by a sharp drop in Chinese tourist arrivals, is hurting local hotel operators but the country’s hospitality giant Minor International (Mint) is...