Business
US: Stocks advance as China trade talks drag on
Wall Street stocks advanced on Tuesday as markets hoped for progress in US-China trade talks while digesting the World Bank’s lowered…
Section
Business
Business
Oil Prices Rise on US-China Talks and Saudi Supply Cuts, but Iran Threatens Future Stability
Oil prices climbed more on Tuesday, amid continuing trade negotiations between the U.S. and China and a decrease in crude shipments from…
Business
Gold Edges Up as Investors Await US–China Talks and Inflation Data
There was the aroma of uncertainty lingering over trading desks on Tuesday. As gold crept up, investors struggled with the hope that…
Business
Netflix to invest 1 billion euros in Spain productions to 2029
streaming giant Netflix said on Tuesday (Jun 10) it was going to invest more than 1 billion euros (S$1.47 billion) in productions in…
Business
US: Wall St muted at open as US-China trade talks in focus
Wall Street’s main indexes opened subdued on Tuesday (Jun 10) as investors awaited the outcome of ongoing trade talks between the United…
Business
Hilton and Deepika Padukone Remind the World Why It Matters Where You Stay
New campaign celebrates a story rooted in ambition, hustle and the kind of hospitality that supports success for a generation redefining…
Business
Tencent Music to buy Chinese audio platform Ximalaya for US$2.4 billion
Ximalaya counts Tencent, Baidu and Sony Group’s music entertainment unit as backers Chinese music platform Tencent Music Entertainment…
Business
Keppel Infrastructure Trust to divest 24.6% stake in Australian bus service business for A$130 million
Keppel Infrastructure Fund Management, the manager of Keppel Infrastructure Trust (KIT), is divesting a 24.6 per cent stake in an…
Business
Societe Generale becomes first major bank to launch dollar-pegged stablecoin
France’s Societe Generale said on Tuesday (Jun 10) it plans to launch a publicly tradable, dollar-backed stablecoin through its digital…
Business
Australia regulator trials faster IPO process as listings hit decade low
Australia’s securities regulator said on Tuesday (Jun 10) it would trial changes to speed up initial public offerings that are at a decade…
Business
Singapore stocks snap 5-day winning streak on Tuesday; STI down 0.1%
Local stocks closed lower on Tuesday (Jun 10), ending five straight days of gains amid concerns that the US-China trade talks may not be…
Business
Top India dealmakers earn 37% more than Singapore peers
Senior dealmakers in India are earning more than their counterparts in Singapore and Hong Kong, according to Bloomberg Intelligence, as…
Business
Neo Group buys over bakery chain PrimaDeli’s operations for undisclosed sum
Caterer Neo Group has bought over the business operations of home-grown bakery chain PrimaDeli from Prima Food for an undisclosed sum.…
Business
Thai tech services outlook remains positive amid recession fears: Analyst
Maybank Securities has sounded a positive note for the outlook for the Thailand technology services sector, on the back of support from…
Business
Enterprise GRC Implementation Revolutionizes Control Frameworks Across 15-Country Global Operation
A comprehensive Governance, Risk, and Compliance (GRC) implementation featuring advanced Process Controls, Access Controls, and Continuous…
Business
Elite UK Reit to acquire three UK government-leased assets for £9.2 million
The manager of Elite UK Real Estate Investment Trust (Reit) announced on Tuesday (Jun 10) that the Reit has entered into a conditional…
Business
Our Unwritten Seoul Star Park Bo Young Shares Exciting New Details About Upcoming Project
Our Unwritten Seoul star, Park Bo Young, has shared exciting new details about her upcoming project. The Disney+ drama will focus on the…
Business
Kering Eyewear Acquires Italian Manufacturer Lenti
MILAN – Kering Eyewear is further expanding its industrial footprint. On Tuesday, the Italian eyewear group said it is acquiring Italian…
Business
Australia shares close at record high
(SYDNEY) Australian shares logged a record close on Tuesday (Jun 10), with banks and energy stocks leading the charge, as renewed optimism…
Business
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a…
Business
Asian Stocks Climb amid U.S.-China Trade Talks, Bond Yields Shift
Markets in the region had surged last week on better-than-expected U.S. job data. Hong Kong's Hang Seng Index and Japan's Nikkei 225 each…
Business
Asia: Markets extend gains as China-US talks head into second day
Asian stocks squeezed out more gains on Tuesday as the latest round of China-US trade talks moved into a second day, with one of Donald…
Business
Grab denies reports of US$7 billion GoTo acquisition
SOUTHEAST Singapore-based ride-hailing and delivery company Grab said on Monday it was not in any talks on a potential deal with smaller…
Business
Bank of Japan vows to keep raising rates if underlying inflation accelerates
Bank of Japan Governor Kazuo Ueda on Tuesday stressed anew the central bank’s readiness to keep raising interest rates if underlying…