Culture
Opec+ considers adding more than 411,000 barrels on Saturday
[PARIS] Opec+ is considering accelerating its oil production revival even more rapidly than expected during a virtual meeting on Saturday (Jul 5), delegates said.Saudi Arabia has guided the Organization...
Oil falls slightly ahead of expected Opec+ output increase
[CALGARY] Oil futures slipped slightly in thin holiday trading on Friday (Jul 4), as the market looked ahead to this weekend’s Opec+ meeting and the likelihood that member countries...
Europe: Shares fall as banks, mining stocks losses weigh
[BENGALURU] European shares ended lower on Friday (Jul 4) as losses in banks and mining-related stocks weighed, with focus now shifting to the Jul 9 deadline for trading partners...
Wealth fund KIA said to be seller of HK$26.8 billion AIA stake
Published Sat, Jul 5, 2025 · 01:11 AM[HONG KONG] The Kuwait Investment Authority (KIA) was the undisclosed shareholder behind the HK$26.8 billion (S$4.3 billion) sale of a stake in...
LHN proposes delisting from Hong Kong due to low trading volume, costs
[SINGAPORE] Real estate player LHN has proposed a voluntary delisting from the mainboard of the Stock Exchange of Hong Kong (HKEX) due to concerns over trading volume and costs.The...
Unnamed AIA Group shareholder is said to sell HK$26.8 billion stake
Published Fri, Jul 4, 2025 · 11:22 PM[HONG KONG] An undisclosed AIA Group shareholder sold a HK$26.8 billion (S$4.4 billion) stake in the insurer via block trades, according to...
Google’s AI Overviews hit by EU antitrust complaint from independent publishers
[BRUSSELS] Alphabet’s Google has been hit by an EU antitrust complaint over its AI Overviews from a group of independent publishers, which has also asked for an interim measure...
Cathay Cineplexes operator mm2 Asia to raise funds for debt repayment via proposed share placement
The announcement comes after the cinema chain received a S$3.4 million payment demand from the landlord of its shuttered Jem outlet[SINGAPORE] Media company mm2 Asia, which operates the Cathay...
Tesla has a problem – and it’s not just the Elon Musk backlash
[AUSTIN] Tesla is in a sales slump, with deliveries of its electric vehicles on track to decline for the second full year in a row.The polarising politics of chief...
Louis Vuitton Korea says systems breach led to customer data leak
Published Fri, Jul 4, 2025 · 08:15 PM[SEOUL] A systems breach at Louis Vuitton Korea in June led to the leak of some of customer data including contact information,...
Singapore shares slip as tariff pause will end soon; STI drops 0.2%
STI dips to 4,013.62 as decliners beat gainers 282 to 192 across the broader market [SINGAPORE] Singapore equities retreated along with some regional indexes on Friday (Jul 4) as...
Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27.5 million for roles in S$3b money laundering case
[SINGAPORE] Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money laundering (AML) related breaches, said the Monetary Authority of Singapore (MAS). The...