News
Australia cuts commodity export outlook despite gold price gain
Earnings from thermal coal will also decline, while its steelmaking counterpart will hold steadyPublished Mon, Jun 30, 2025 · 06:30 AM[MELBOURNE] Australia cut its forecast earnings from commodity exports,...
CATL breaks ground on US$6 billion Indonesia battery venture
Published Sun, Jun 29, 2025 · 05:45 PMTHE world’s top maker of electric-vehicle batteries broke ground on a US$6 billion battery material ecosystem in Indonesia as the government pushes...
Nvidia insiders sell over US$1 billion in stock amid market surge
The chipmaker’s stock hit a record on Jun 25, and it reclaimed the crown as the world’s most valuable companyPublished Sun, Jun 29, 2025 · 04:08 PMNVIDIA insiders sold...
Reits and tech lead net institutional inflows; Frencken chair and DHLT CEO raise their stakes
[SINGAPORE] Over the five trading sessions from Jun 20 to 26, institutions remained net sellers of Singapore stocks, with net institutional outflow of S$248 million following the S$74 million...
Big banks pass Fed’s stress test, setting stage for payouts
[WASHINGTON, DC] A group of large US banks comfortably cleared the Federal Reserve’s annual stress test, setting the stage for lenders to boost buybacks and dividends for shareholders. The 22...
Wall Street’s booming June is big bet against economy doomsayers
[NEW YORK] Wall Street is throwing a summer party with markets just closing out their best cross-asset advance in more than a year on receding fears of a global...
Hong Kong-listed China Medical System seeks secondary listing on SGX
[SINGAPORE] Hong Kong-listed China Medical System (CMS) is seeking a secondary listing on the mainboard of the Singapore Exchange (SGX) in July this year.CMS is a specialty pharma with...
Hong Kong’s sixfold jump in share sales drives boom year in Asia
[HONG KONG] Hong Kong’s having a banner year as it marches towards becoming the second-largest market globally for share sales for the first time since 2012.Proceeds from listings and...
GuocoLand’s Dora Chng on condo buyer preferences.
[SINGAPORE] As customers’ needs evolve, having a flexible layout can be a big draw for discerning condo buyers here, according to Dora Chng, residential director of GuocoLand.A flexible layout...
Oil steadies after report of planned Opec+ August output hike
[HOUSTON] Oil prices edged up slightly on Friday (Jun 27), recovering from a midday drop into negative territory following a report that Opec+ was planning to hike production in...
