Culture
Singapore shares rise on Israel-Iran ceasefire; STI up 0.7%
[SINGAPORE] Local shares ended higher on Tuesday (Jun 24), tracking a rally on Wall Street after the US brokered a ceasefire in the conflict between Israel and Iran.The benchmark...
Three Arrows founders fail in appeal for orders to disclose crypto fund dealings to be set aside
[SINGAPORE] The Court of Appeal on Tuesday (Jun 24) dismissed an application by the founders of Three Arrows Capital (3AC) to set aside orders requiring them to disclose their...
Indonesia’s sovereign wealth fund Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jetsPublished Tue, Jun 24, 2025 · 05:33 PM[JAKARTA]...
Citi appoints Nathan Swami as new head of markets for Singapore
He has more than 17 years of experience working with the bank in Singapore, primarily within the Apac trading division[Singapore] Citi on Tuesday (Jun 24) named its head of...
Asia: Stocks up as Trump announces Iran-Israel ceasefire
[TOKYO] Asian shares gained and oil prices were down on Tuesday, as fears of an energy market shock eased following US President Donald Trump’s announcement of a ceasefire between...
Toyota crashes Indonesia’s used-car party with $120m bet
It’s an alliance everyone saw coming.After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for the country’s used-car market. The Japanese automaker shelled out US$120 million for...
Toyota crashes Indonesia’s used-car party with US$120 million bet
[JAKARTA] It’s an alliance everyone saw coming.After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for the country’s used-car market. The Japanese automaker shelled out US$120 million...
Jensen Huang starts selling Nvidia stock under US$865 million plan
Published Tue, Jun 24, 2025 · 10:05 AMNVIDIA Corp chief executive officer Jensen Huang has started selling the chipmaker’s stock, his first transactions under a plan that allows him...
Australia: Banks, miners lift stocks; Trump’s Iran-Israel truce announcement boosts sentiment
Published Tue, Jun 24, 2025 · 09:28 AMAUSTRALIAN shares rose on Tuesday, led by gains in banks and miners, as US President Donald Trump’s announcement of the Iran-Israel ceasefire...
Acrophyte Hospitality Trust mulls suspending or reducing distributions under strategy review
The manager says it faces challenges in funding the capital expenditures that many of its properties require [SINGAPORE] The managers of Acrophyte Hospitality Trust are considering temporarily suspending or...