Culture
FedEx founder and executive chairman Frederick Smith has died, CEO tells staff
More than 500,000 employees worldwide handle approximately 17 million shipments each day at the companyPublished Mon, Jun 23, 2025 · 07:39 AM[NEW YORK] Federal Express’ (FedEx) founder and former...
Shipping on high alert in Middle East After US strikes on Iran
[ATHENS] The shipping industry was placed on high alert on Sunday (Jun 22) with warnings that Tehran could retaliate against commercial vessels following US airstrikes against Iran’s nuclear facilities.Greece,...
Central banks in Asia are becoming wary of currency intervention
Some of emerging Asia’s biggest central banks look to be dialling back their interventions in the currency market.The central banks of India and Malaysia have reduced the size of...
Sustainable investors hold their ground as energy, defence stocks surge
[SINGAPORE] Regional wars, tariff threats and the US’ pro-fossil fuel policies have sent defence and energy stocks soaring in 2025, but not all is lost for investors committed to...
Currency traders ditching the US dollar for euro on option bets
The euro is taking on a bigger role in the global currency options market as traders skirt around the US dollar given the risks from unpredictable US policy and...
Hong Kong stock rally shakes up investor playbook for China
Wall Street entered 2025 with bullish bets on onshore Chinese stocks, counting on Beijing’s stimulus drive to cushion the blow from US tariffs. Six months in, they couldn’t have...
Tesla to roll out robotaxis in overdue step towards Musk dream
Tesla is rolling out its first robotaxis on the streets of Austin after almost a decade of hype from Elon Musk, kicking off a precarious new era for the...
Despite softer retail outlook, most S-Reits with Singapore retail assets record double-digit positive rent reversions
[SINGAPORE] Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have recorded improvements in revenue and net property income (NPI), supported by improved operating metrics, positive rental...
US investors, Asia’s ultra-rich drive growth in Asia-Pacific private credit
[SINGAPORE] A slight uptick in private-credit fundraising in Asia-Pacific (Apac) last year has given market players optimism for a positive 2025, even as investors continue to avoid China. They said...
SunMoon Food CEO Zhang Ye boosts interests
[SINGAPORE] Over the four trading sessions from Jun 13 to 18, institutions were net sellers of Singapore stocks, with net institutional outflow of S$42 million following the S$80 million...
