Culture
BOJ finishes offloading bank stocks, bringing focus to ETFs
The Bank of Japan (BOJ) finished selling millions of US dollars of stocks it bought from besieged banks during a domestic banking crisis…
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Culture
Culture
BRC Asia secures contracts for Changi Airport Terminal 5 project worth S$570 million
This brings company’s total outstanding sales order book to S$2 billion as at Jul 14 BRC Asia has secured around S$570 million worth of…
Culture
Dollar-selling is becoming a bubble, which may burst, HSBC says
Relentless US dollar-selling is starting to look like a bubble – and, like all bubbles, it will eventually pop, according to HSBC Holdings…
Culture
Maritime, aviation sectors can learn from each other in tackling conflict risks, climate change: transport leaders
The maritime and aviation sectors can work together to tackle shared global risks such as geopolitical conflict and climate change, said…
Culture
Singapore proposes to bar convicted money launderers from directorships
The Ministry of Finance (MOF) and the Accounting and Corporate Regulatory Authority (Acra) plan to bar those who have been convicted of…
Culture
China clears Synopsys’s US$35 billion Ansys buyout in US win
Following Beijing’s decision, the company has cleared one of the last major hurdles to a deal to intended to shore up its market position…
Culture
Singapore shares hit new high; STI up 0.5%
Across the broader market, advancers beat decliners 315 to 191 after 1.5 billion securities worth S$1.4 billion change hands The benchmark…
Culture
Partners Group transfers Techem stake to its infrastructure fund
[FRANKFURT/MUNICH] German energy firm Techem will remain in the hands of investor Partners Group after its sale to US financial investor…
Culture
Musk says he does not support merger between Tesla and xAI
Elon Musk said on Monday (Jul 14) he does not support a merger between his electric vehicle maker Tesla and his artificial intelligence…
Culture
Centurion shares jump more than 5% as group anticipates ‘significant increase’ in H1 profit
Shares of property management company Centurion Corporation surged as much as 5 per cent on Monday (Jul 14), after it lifted the trading…
Culture
NTT DC Reit rises 3% above IPO price in debut as SGX’s largest Reit listing in 10 years
Units of NTT DC real estate investment trust (Reit) marginally rose on its debut on Monday (Jul 14), as the largest Reit initial public…
Culture
Bank of Japan is said likely to consider raising inflation forecast
The central bank will update its quarterly outlook report at the end of its meeting on Jul 31 Bank of Japan (BOJ) officials are likely to…
Culture
LG Electronics shares jump on report of AI chip gear development
Other South Korean companies already making hybrid bonding equipment include Hanmi Semiconductor, Samsung Electronics’ Semes and Hanwha…
Culture
China banks stoke controversy with loans to boost pensions
Rural banks in China have created a public stir by targeting low-income earners and the elderly with loan products designed to plug their…
Culture
Indonesia bonds may gain more on dovish policy, fiscal outlook
Bank Indonesia’s (BI) dovish stance and easing concerns over the nation’s fiscal policy are fuelling expectation that government bonds…
Culture
Oil edges up, investors eye Trump statement on Russia
Oil prices nudged higher on Monday (Jul 14), adding to gains of more than 2 per cent from Friday, as investors eyed further US sanctions…
Culture
Aims Financial Group raises stake in Aims Apac Reit to 18.7%
The units were acquired from substantial unitholder, ESR HK Management, which is part of ESR Group Aims Financial Group raised its stake…
Culture
China biotech’s stunning advance is changing the world’s drug pipeline
The biotechnology industry is experiencing a tectonic shift, driven by Chinese drugmakers who have come a long way from their copycat days…
Culture
Bank of England governor Bailey warns banks against issuing own stablecoins
The governor is also chair of the Financial Stability Board, which is responsible for monitoring risks in financial markets globally Bank…
Culture
US markets grapple with tariffs as bullish trends emerge
US equity markets showed a mixed mid-day performance on Thursday (Jul 10) as investors weighed President Donald Trump’s new tariff…
Culture
SpaceX to invest US$2 billion in Musk's xAI startup
SpaceX has committed US$2 billion to xAI as part of a US$5 billion equity round, deepening the ties between tech billionaire Elon Musk’s…
Culture
JPMorgan tells fintechs to pay up for customer data access
JPMorgan Chase has told financial-technology companies that it will start charging fees amounting to hundreds of millions of dollars for…
Culture
Oracle to advance Indonesia cloud services plan
It will lease DayOne’s data centres located at Nongsa Digital Park on the Indonesian island of Batam Oracle will partner with DayOne Data…
Culture
Industrials take sector lead in 2025 net institutional inflow
Over the five trading sessions from Jul 4 to 10, institutions were net buyers of Singapore stocks, with net institutional inflow of S$94…