Business
UBS downgrades Thai stocks to neutral as political woes weigh
Group strategists downgraded Thai stocks to neutral from overweight, citing recent political uncertainty which could impact policy…
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Business
Business
TrueMoney stands out in Thailand’s virtual banking shake-up after licence win
Thailand is shaking up its sleepy banking sector. The Thai Finance Ministry’s decision to grant virtual bank licences to three consortiums…
Business
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, Chinese chip designer Montage Technology…
Business
Cordlife to hold townhalls for affected clients of damaged and high-risk tanks in Singapore
Private cord-blood bank Cordlife announced on Monday (Jun 23) that it will begin holding a series of in-person and online townhalls this…
Business
Australian, New Zealand dollars fall with global stocks after US strikes Iran
The Australian and New Zealand dollars fell with global stocks on Monday after the US bombed nuclear facilities in Iran, although they…
Business
Investors wooed with freebies at Japan’s shareholder meetings
More Japanese companies are giving gifts at annual general meetings (AGMs) in a practice that could increase the ranks of loyal retail…
Business
Gold rises as investors seek safe havens amid Middle East conflict fears
Gold prices inched higher on Monday (Jun 23) as investors turned to safe-haven assets amid growing fears of a broader Middle East…
Business
Stocks to watch: OCBC, Fu Yu, Keppel Infrastructure Trust
The following companies saw new developments that may affect trading of their securities on Monday (Jun 23): OCBC: The lender has…
Business
Asia-Pacific markets fall after US strikes on Iran; oil prices surge, dollar strengthens
Asia-Pacific markets fell sharply in early trade on Monday morning, as oil prices surged and the US dollar reacted, after US strikes…
Business
Asia-Pacific markets fall after US strikes on Iran; oil prices surge, greenback strengthens
Asia-Pacific markets declined in early trade on Monday (Jun 23) morning, as oil prices surged and the greenback reacted, after the US…
Business
Singapore, Asia-Pacific markets fall after US strikes on Iran; oil prices surge, dollar strengthens
Asia-Pacific markets declined in early trade on Monday (Jun 23) morning, as oil prices surged and the greenback reacted, after the US…
Business
Singapore, Asia-Pacific markets pare losses after US strikes on Iran; oil prices give back some gains
Asia-Pacific markets recovered some losses while oil prices gave back some gains by Monday (Jun 23) afternoon,following declines in the…
Business
US attack on Iran: Market reaction muted, but brace for more volatility ahead, say analysts
Markets reacted in a more muted manner than expected on Monday (Jun 23) after the US launched strikes against three nuclear facilities in…
Business
SGX lists 6 new Singapore Depository Receipts; 3 HK mega-caps and 3 Thai names
The Singapore Exchange (SGX) will be listing six new Singapore Depository Receipts (SDRs) on Monday (Jun 23), comprising three Hong Kong…
Business
Japan flags big cut to long-end bond issuance before risky sale
Japan’s larger-than-expected cut to super-long bond issuance has the potential to ease some upward pressure on yields just before an…
Business
Oil prices surge more than 4% in early Asian trade
Oil prices surged in early trade on Monday, after the United States joined Israel’s campaign against Tehran’s atomic programme by bombing…
Business
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 company Federal Express’ (FedEx) founder…
Business
Honda supplier rethinks China relationship as trade war bites
As the US-China trade war expands into the auto, steel and rare earths sectors, few companies are feeling the pressure more than top…
Business
AI and additive manufacturing – a game changer for Mencast Marine
After more than four decades as Singapore’s sole propeller designer, manufacturer and repairer, Mencast Marine took the ambitious step to…
Business
Nasdaq 100 facing technical and geopolitical crosscurrents
THE Nasdaq 100 Index (NDX) enters the final week of June at a decisive technical inflection point, trading near 21,720 after rallying 32…
Business
US dollar gains in early trading as world awaits Iran’s response
The US dollar strengthened in early trading as investors sought havens in a move to shield against mounting geopolitical risks following…
Business
US Federal Reserve’s Daly says employment, inflation risks roughly in balance
Officials see slower economic growth, higher inflation and rising unemployment, and hold divided views on the outlook for interest rates,…
Business
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…
Business
Sustainable investors hold their ground as energy, defence stocks surge
Regional wars, tariff threats and the US’ pro-fossil fuel policies have sent defence and energy stocks soaring in 2025, but not all is…