Culture
Singapore stocks fall amid mixed regional trading following US strikes on Iran
[SINGAPORE] Local stocks ended lower on Monday (Jun 23) amid a mixed trading session in the region, after the US launched strikes on three of Iran’s nuclear facilities over...
OCBC says ‘no intention’ to convert Great Eastern Class C non-voting shares to ordinary shares in five years
OCBC exit offer is final; it does not plan to launch another offer in the foreseeable future[SINGAPORE] OCBC said it has “no intention” to convert its Class C non-voting...
Global airlines halt Middle East flights as war disruptions reach Dubai
[DUBAI] Major global airlines extended flight cancellations to the Persian Gulf, disrupting air traffic to critical hubs such as Dubai after the US struck nuclear sites in Iran and...
Nomura CEO’s pay more than doubles after profit hits record
[TOKYO] Nomura Holdings more than doubled Kentaro Okuda’s pay last year, rewarding the chief executive officer for guiding Japan’s largest brokerage to a record annual profit.
Okuda’s compensation rose...
Wing Tai Properties sells entire equity interest in Topworth Enterprises for £43 million
[SINGAPORE] Wing Tai Properties announced on Monday (Jun 23) that its indirect wholly owned Europe subsidiary had sold British Virgin Islands-incorporated Topworth Enterprises for £43 million (S$74.5 million) last...
Japanese ships transiting Strait of Hormuz to minimise time in Gulf
Published Mon, Jun 23, 2025 · 01:11 PM[TOKYO] Japan’s Nippon Yusen and Mitsui O.S.K. Lines said on Monday they have instructed their vessels to minimise the time spent in...
Asia: Market trade lower; oil prices spike after US strikes on Iran
[TOKYO] Oil prices surged and Asian markets traded lower on Monday on concerns of disruption to energy markets after US air strikes on Iran’s nuclear facilities.The dollar strengthened as...
UBS downgrades Thai stocks to neutral as political woes weigh
Published Mon, Jun 23, 2025 · 12:01 PM[SINGAPORE] UBS Group strategists downgraded Thai stocks to neutral from overweight, citing recent political uncertainty which could impact policy direction and investor...
Montage is said to hire banks for US$1 billion Hong Kong listing
The US has been trying to curb Beijing’s ambitions to build a domestic semiconductor industry,Published Mon, Jun 23, 2025 · 11:27 AM[HONG KONG] Chinese chip designer Montage Technology has...
Changi Airport Group exploring possible new flights to Semarang, Palembang, Belitung in Indonesia
[SINGAPORE] There could potentially be new flight connections between Singapore and three Indonesian destinations – Semarang in Central Java, Palembang in South Sumatra and Belitung Island off the east...
