Culture
JPMorgan, Macquarie bet on S-Reits amid falling borrowing costs, MAS mandates
[SINGAPORE] Singapore-listed real estate investment trusts (S-Reits) could gain from falling interest rates, particularly those with a domestic focus, as well as The Monetary Authority of Singapore’s (MAS) initiatives,...
China keeps benchmark lending rates unchanged as expected in June
Published Fri, Jun 20, 2025 · 09:35 AM[SHANGHAI] China kept benchmark lending rates unchanged as expected on Friday, after Beijing rolled out sweeping monetary easing measures a month earlier...
Stock to watch: SingPost
[SINGAPORE] The following company saw new developments that may affect trading of its securities on Friday (Jun 20): Singapore Post (SingPost): The national postal service provider has placed 10 Housing...
Singapore’s banking hub has a busy corner where cash is still king
[SINGAPORE] In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there’s a crowded building where cash still reigns.Six...
Singapore’s banking hub has a corner where cash is still king
[SINGAPORE] In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there’s a crowded building where cash still reigns.Six...
ArcelorMittal drops plans for green steel in Germany due to high energy costs
Published Fri, Jun 20, 2025 · 07:06 AM[BERLIN] ArcelorMittal, the world’s second-largest steelmaker, said on Thursday it had dropped plans to convert two plants in Germany to carbon-neutral production...
MOF says SRS withdrawal process ‘can be improved’, will work with banks on this
[SINGAPORE] The government will work with Supplementary Retirement Scheme (SRS) bank operators to smoothen account holders’ process of withdrawing funds from their account. The response comes shortly after The...
Canada will ‘adjust’ counter tariffs on US metals if no deal in 30 days
Published Fri, Jun 20, 2025 · 06:59 AM[OTTAWA] Canada will “adjust” its 25 per cent counter tariffs on US steel and aluminum in response to a doubling of US levies...
SpaceX Starship explodes on Texas launch pad
[HOUSTON] A SpaceX Starship rocket exploded during a routine ground test in Texas late on Wednesday, the company said, in the latest setback to billionaire Elon Musk’s dream of...
Oil prices up nearly 3% as Israel-Iran conflict escalates, US response remains uncertain
[CALGARY] Oil prices jumped almost 3 per cent on Thursday as a week-old air war between Israel and Iran escalated and uncertainty about potential US involvement kept investors on edge.Brent crude...
