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US: S&P 500, Nasdaq approach record high as Middle East tensions ease
Published Wed, Jun 25, 2025 · 09:45 PM[NEW YORK] Wall Street’s S&P 500 and Nasdaq indexes rose on Wednesday (Jun 25), hovering near a record peak, as a ceasefire...
Grab to pause changes to driver incentive scheme following backlash
[SINGAPORE] Ride-hailing service Grab will pause planned changes to its driver incentive scheme, following a backlash about the impact on drivers’ earnings and income stability.The pause is to ensure...
Ambani and Adani team up to use each other’s fuel pumps
Published Wed, Jun 25, 2025 · 08:29 PM[NEW DELHI] Billionaires Mukesh Ambani and Gautam Adani have partnered to sell transportation fuels using their respective groups’ retail stations across India,...
Banks critical to help companies in more protectionist global economic order: Gan Kim Yong
[SINGAPORE] Banks play a critical role in helping companies as they adapt to a more protectionist global economic order, said Deputy Prime Minister Gan Kim Yong, who is also...
Board directors must be mindful of family dynamics in businesses, says panellist
[SINGAPORE] Independent directors serving on boards of listed family businesses need to be sensitive to power dynamics within the family, and identify the decision-maker in the business, said one...
Four dead, five injured in fire at ASL Marine unit’s Batam shipyard
All work on the affected vessel will be suspended until the cause of the fire is established[SINGAPORE] Four workers have died and five were injured after a fire at...
Keppel partners AIIB for up to US$1.5 billion in Asia-Pacific green infrastructure deals
[SINGAPORE] Asset manager Keppel has partnered Asian Infrastructure Investment Bank (AIIB) to facilitate up to US$1.5 billion worth of sustainable infrastructure investments and financing opportunities in the Asia-Pacific.The tie-up...
TSMC unit to issue US$10 billion of stock to counter forex swings
The moves grant TSMC Global more capital flexibility in managing exchange rate risksPublished Wed, Jun 25, 2025 · 07:14 PM[TAIPEI] Taiwan Semiconductor Manufacturing Co’s overseas unit is set to...
Thailand moves to recriminalise cannabis, shaking US$1b industry
[BANGKOK] Thailand’s government is moving to recriminalise cannabis, plunging into limbo an industry estimated to be worth over US$1 billion that has boomed since the substance was taken off...
Sembcorp unit’s acquisition of 49 MW Vietnam hydropower asset delayed
The company will take ‘regulatory uncertainties’ into account for new investments in the country[SINGAPORE] The acquisition of a 49-megawatt (MW) hydropower asset in Vietnam by a unit of Sembcorp...
Going around in circles: Do Singapore investors have the appetite for another telco listing?
[SINGAPORE] Singapore’s public listing drought has left investors searching for any sign of life in the markets.It is understandable, then, that the potential listing of Singapore-based virtual telecommunications player...