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Maybank downgrades Thai retail sector on weak sales, consumption
[SINGAPORE] Maybank Investment Bank has downgraded Thailand’s retail sector to “neutral” amid weak consumption and falling same store sales growth (SSSG). The bank’s analyst, Suttatip Peerasub, added in a note...
Chinese firms in talks to join group for Li Ka-Shing’s ports
[HONG KONG] China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing’s global ports, according to people...
Middle East tensions hit Asian and Asean markets; oil and gold prices spike
[SINGAPORE] A wave of geopolitical panic swept across Asian markets on Friday (Jun 13), after Israel launched strikes on Iran’s nuclear and military infrastructure, stoking fears of a wider...
Pop Mart’s 200% stock rally spurs rush to hike price targets
Published Fri, Jun 13, 2025 · 01:06 PM — Updated Fri, Jun 13, 2025 · 01:08 PMWALL Street analysts are rushing to raise price targets on Pop Mart International...
Gold tops one-month high as Middle East tensions spur safe-haven demand
GOLD prices climbed on Friday to their highest point in more than a month, on track for a weekly gain, as investors sought safe-haven assets after Israel’s strike on Iran...
Jetstar Asia shutdown: Income Insurance extends ‘goodwill’ coverage outside of ticket expenses
[Singapore] Income Insurance has announced in a statement on Thursday (June 12) that it will offer coverage to eligible customers affected by Jetstar Asia’s upcoming shutdown, even though such...
Stocks to watch: SIA, Boustead, Ban Leong
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 13).Singapore Airlines (SIA): An Air India plane bound for London crashed moments...
AMD unveils AI server as OpenAI taps its newest chips
[SAN JOSE] Advanced Micro Devices CEO Lisa Su on Thursday unveiled a new artificial intelligence server for 2026 that aims to challenge Nvidia’s flagship offerings as OpenAI’s CEO said...
AI toys and games? Barbie maker Mattel teams up with OpenAI to create new products
Your next toy or game may be able to converse with you.Mattel, the El Segundo toy maker behind Barbie and Hot Wheels, said Thursday that it’s teaming up with...
Boustead Singapore reviews assets for potential sale to Reit for listing
No certainty that any transaction will materialise as a result of this process, says the engineering and technology group[SINGAPORE] Boustead Singapore is conducting strategic reviews for the sale of...
