News
Fed on hold leaves Wall Street asking what it will take to cut interest rates
[NEW YORK] With US Federal Reserve officials signalling an extended hold on interest rates, investors and economists will look to chair Jerome Powell this week for clues on what...
China’s biotech moment ignites a 60% stock rally that beats AI
China’s biotechnology stocks have shaken off a four-year slump to be among the hottest performers in Asia this year and funds are tipping further gains.The Hang Seng Biotech Index...
New World sells 138 Hong Kong homes at discount within hours
Published Sun, Jun 15, 2025 · 03:24 PMNew World Development and its partners sold 138 apartments in a few hours at a new project after pricing the homes at...
DBS, OCBC, UOB lead weekly buyback consideration tally
[SINGAPORE] Over the five trading sessions from Jun 6 to 12, institutions were net sellers of Singapore stocks with net institutional outflow of S$80 million, following the S$32 million...
Musk pins Tesla’s comeback on robotaxis after retreat from feud
TESLA already had a lot riding on its highly anticipated robotaxi launch long before Elon Musk decided to swing a wrecking ball through his alliance with US President Donald Trump – and...
Blackstone said to be in talks to buy embattled Allegiant resort
Published Sun, Jun 15, 2025 · 08:00 AMBLACKSTONE is in talks to purchase Allegiant Travel’s Sunseeker resort, moving the parent of Allegiant Airlines closer to shedding the beleaguered retreat...
Trump said Nippon-US Steel deal has resolvable national security risk
US PRESIDENT Donald Trump said on Friday (Jun 13) that concerns over national security risks posed by Nippon Steel’s US$14.9 billion bid for US Steel can be resolved if...
Anxious families await dental identification of Air India crash victims
[AHMEDABAD] Dozens of anxious family members sat outside an Indian hospital on Friday (Jun 13) waiting to collect bodies of loved ones killed in the Air India plane crash,...
US: Stocks fall as investors pare risk on Middle East clash
Published Sat, Jun 14, 2025 · 06:03 AM[NEW YORK] Wall Street stocks finished sharply lower Friday (Jun 13) as Iran launched counterstrikes in response to an Israeli siege, leaving...
US: Wall St opens lower as Israel-Iran conflict hits risk appetite
Published Fri, Jun 13, 2025 · 09:43 PM[NEW YORK] Wall Street’s main indexes opened lower on Friday (Jun 13) after Israel’s deadly strike on Iranian nuclear facilities inflamed tensions...
Thakral associate GemLife inks underwriting agreement for Australian IPO launching ‘very shortly’
The company holds an effective interest of 31.7 per cent in GemLife, a lifestyle resorts business in Australia[SINGAPORE] Mainboard-listed Thakral Corp’s associate GemLife has signed an underwriting agreement for...
Google Cloud and Digital Industry Singapore launch programme to spearhead AI development among companies
[SINGAPORE] Digitally-mature companies keen on doing more in the area of artificial intelligence (AI) will now have the opportunity to tap a new programme. The AI Cloud Take-Off Programme launched...