News

Sygnum is sole new unicorn from South-east Asia in H1 2025: Tracxn report
[SINGAPORE] Digital asset group Sygnum has emerged as the sole new unicorn from South-east Asia in the first half of 2025, data platform Tracxn said in a report released...
Contributor: AI isn’t just standing by. It’s doing things — without guardrails
Just two and a half years after OpenAI stunned the world with ChatGPT, AI is no longer only answering questions — it is taking actions. We are now entering...
Japan’s Nikkei ends at 6-month high, tracking Wall Street rally
[TOKYO] Japan’s Nikkei share average closed at a six-month high on Friday (Jun 27), as technology stocks tracked Wall Street’s robust finish overnight.The Nikkei jumped 1.43 per cent to...
HDB US$1.5 billion India IPO sold out as wealthy investors pile in
The offering received bids for 242.8 million shares as of Friday (Jun 27) afternoon in Mumbai, versus the 130.4 million shares offeredPublished Fri, Jun 27, 2025 · 03:19 PM[MUMBAI]...
Japan’s NTT files billion-dollar Reit listing with MAS; IPO set to be SGX’s biggest in four years
[SINGAPORE] Japanese telco Nippon Telegraph and Telephone (NTT) is spinning off some of its data centres into a Singapore-listed real estate investment trust, or S-Reit, marking what is likely...
Seoul asks Temu, AliExpress to pull children’s products over safety concerns
[SEOUL] The Seoul city government has asked online retail giants Temu and AliExpress to suspend sales of certain children’s products over safety concerns, saying Friday that some goods far exceeded...
IHH Healthcare unveils S$5 million programme to fund healthcare research and pilot projects
[SINGAPORE] Integrated healthcare provider IHH Healthcare on Friday (Jun 27) announced the launch of a S$5 million programme to fund clinical research and pilot projects across its network. Funds...
Impossible Foods aims to put plant-based burgers on European menus this year
IMPOSSIBLE FOODS hopes to add its plant-based burgers to European menus this year, bringing to a close a six-year quest to enter the world’s biggest market for meat alternatives.It...
UK made fewer vehicles for the fifth straight month in May as tariffs bite
[LONDON] Britain’s vehicle production declined from a year ago for the fifth successive month in May, industry data showed on Friday, as factory disruptions and US tariffs weighed on...
Hong Kong’s equity capital markets bounce back in first half, as Shein IPO looms
HONG Kong’s equity capital markets activity roared back to life in the first half of 2025, driven by global investors sharpening focus on China, as the city awaits the...
Oil inches up on US demand strength; fading Middle East supply risks offset gains
[NEW YORK] Oil prices edged higher on Thursday as crude inventories in the United States fell on higher demand as summer driving season ramped up, while concerns over Middle East...
US: Stocks rise, S&P 500 ends just shy of record
Published Fri, Jun 27, 2025 · 06:12 AM[NEW YORK] Wall Street stocks rose on Thursday with tech equities leading, after the White House signalled President Donald Trump could extend a July...