News

Oil surge puts Singapore on alert as Strait of Hormuz risk grows
[SINGAPORE] Oil’s latest rally may have little immediate impact on Singapore, but analysts warn that an escalation in Middle East tensions – particularly a blockade of the highly strategic...
Apple risks fresh EU charge sheet over App store curbs
[BRUSSELS] Apple is edging towards another charge sheet from European Union antitrust watchdogs unless it quickly fixes alleged violations of a new digital law that led to a 500-million...
TotalEnergies raises Malaysian gas stake in partnership with Petronas
Published Mon, Jun 16, 2025 · 05:12 PM[KUALA LUMPUR/PARIS] French energy giant TotalEnergies has acquired further stakes in Malaysian gas assets from the country’s national producer Petronas, CEO Patrick...
DBS to add 100 wealth bankers in Hong Kong as clients trade more
DBS’s Hong Kong wealth revenue grew 86% in the first quarter from the corresponding period in 2023Published Mon, Jun 16, 2025 · 04:25 PM[HONG KONG] DBS Group Holdings, Singapore’s...
Julius Baer’s new CEO takes on old guard to revamp Swiss bank
[ZURICH] On his first day as chief executive officer, Stefan Bollinger told staff at Julius Baer Group that they should not be afraid to speak up and reach out...
Nippon Steel shares rise after Trump approves US$14.9 billion US Steel bid
[TOKYO] Nippon Steel shares rose on Monday after US President Donald Trump approved its US$14.9 billion bid for US Steel, clearing a key hurdle in its 18-month pursuit and...
Leonard Lauder, billionaire scion of cosmetics empire, dies at 92
[WASHINGTON] Leonard Lauder, who built Estee Lauder into one of the world’s biggest cosmetics makers and catapulted himself into the top echelon of wealthiest New Yorkers, has died. He...
Leonard Lauder, billionaire heir to cosmetics empire, dies at 92
[WASHINGTON] Leonard Lauder, who built Estee Lauder into one of the world’s biggest cosmetics makers and catapulted himself into the top echelon of wealthiest New Yorkers, has died. He...
Bank of Japan to weigh slowdown in bond buying cuts after volatility rises
[TOKYO] The Bank of Japan (BOJ) is set to consider whether to taper its bond purchases at a slower pace while also leaving its benchmark interest rate unchanged, in...
Stocks to watch: Suntec Reit, ESR Reit, Sabana Industrial Reit, Acrophyte Hospitality Trust, Fu Yu
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jun 16): Suntec Real Estate Investment Trust (Reit); ESR Reit; Sabana Industrial Reit;...
Livingstone Health’s strategy rooted in patient care and steady growth
[SINGAPORE] Livingstone Health is not in a rush to grow.Much like the lithops – a hardy succulent also known as a living stone, from which the company takes its...
Oil prices climb as Israel-Iran conflict heightens supply disruption fears
[TOKYO] Oil prices climbed in early Asian trade on Monday after Israel and Iran launched fresh attacks on Sunday, heightening fears that escalating battle could trigger a broader regional...