Business
Investment firm PAG raises 3.1 billion yuan in first yuan-denominated buyout fund: sources
Asia-focused investment firm PAG has raised 3.1 billion yuan (S$553 million) at the first close of its inaugural yuan-denominated buyout…
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Jeff Bezos and Lauren Sánchez Wedding: Everything We Know So Far About Semi-secret Ceremony
Jeff Bezos, the founder of Amazon, is preparing to exchange vows with Lauren Sánchez, a former TV reporter turned children's book author,…
News
Karmelo Anthony: Texas Teen Indicted in on First Degree Murder Charge in Stabbing Death of Austin Metcalf During High School Championship
Texas teen Karmelo Anthony, 17, has been charged with first-degree murder in connection to the fatal stabbing of another 17-year-old…
Business
DBS, CapitaLand and more: Singapore’s long term wealth creation set to boost local stocks, says Morgan Stanley
As Singapore reaches its 60th birthday, Morgan Stanley says the city-state is “prime for wealth creation”. That could unlock real gains…
Business
DBS, CapitaLand and more: Singapore’s long-term wealth creation set to boost local stocks, says Morgan Stanley
As Singapore reaches its 60th birthday, Morgan Stanley said the city-state is “primed for wealth creation”. That could unlock real gains…
Business
Bank of Korea warns of housing, debt risks as easing continues
Persistent housing price gains, particularly in the Seoul metropolitan area, could accelerate debt accumulation in South Korea and pose…
News
Video shows Malaysia factory fire, not Iranian attack on Israel's air defence system
Arch foes Iran and Israel exchanged devastating strikes for 12 days before adhering to a US-proposed ceasefire on June 24, but a video…
Business
Tesla sales skid in Europe in May despite EV rebound
The EU aims to end sales of new internal combustion engine cars in 2035, but high prices and a perceived lack of charging infrastructure…
Fashion
Chanel to Hold Fifth Annual BAAND Together Dance Festival in New York City inJuly
BAAND Together Dance Festival returns to Lincoln Center this July, for the fifth year in a row. Started during the pandemic as a way to…
Business
Australia’s Star casino shareholders approve A$300 million rescue package
Star Entertainment Group’s shareholders approved on Wednesday (Jun 25) an A$300 million (S$250 million) rescue package that will allow the…
Business
Asia: Stocks rally as Iran-Israel ceasefire holds, oil claws back some losses
Most equities extended a global rally on Wednesday (Jun 25) after Iran and Israel agreed to a ceasefire that ended more than a week of…
Business
China seizes moment to globalise yuan as US dollar doubts mount
China is launching a sweeping campaign to promote the yuan’s global role, seizing what officials see as a rare strategic opening. With the…
Business
China urges AIIB to step up cross-border development funding, says global aid drying up
Chinese officials have increasingly emphasised ties with South-east Asia, which last year overtook the EU to become the US$19 trillion…
Business
China makes pitch for more private cash in cross-border projects
China’s Finance Minister Lan Fo’an has urged a greater role for private investment in ensuring sustainable funding for cross-border…
Business
Switzerland's ebbing glaciers show a new, strange phenomenon: Holes reminiscent of Swiss cheese
RHONE GLACIER, Switzerland (AP) — Climate change appears to be making some of Switzerland's vaunted glaciers look like Swiss cheese: Full…
News
Gold prices flat as fragile Iran-Israel ceasefire tempers safe-haven demand
Gold prices held their ground on Wednesday (Jun 25) as a tentative ceasefire between Iran and Israel dampened safe-haven demand, though a…
Business
Some in Bank of Japan called for keeping rates low for now, June summary shows
Several opinions have warned of the expected hit to Japan’s fragile economy from sweeping US tariffs Some Bank of Japan (BOJ) policymakers…
Business
Bank of Japan board divided over rate pause and inflation risks, June summary shows
Some Bank of Japan (BBOJ) policymakers called for keeping interest rates steady for the time being due to uncertainty over the impact of…
Business
ST Engineering divests entire equity interest in US-based construction manufacturer LeeBoy for US$290 million
Singapore Technologies Engineering (ST Engineering) on Tuesday (Jun 24) announced that it will be selling its entire equity interest in ST…
Business
ST Engineering divests entire equity interest in US-based construction player LeeBoy for US$290 million
Singapore Technologies Engineering (ST Engineering) on Tuesday (Jun 24) announced that it will be selling its entire equity interest in ST…
Business
New Zealand-based Xero forks out over US$2.5 billion to buy US fintech firm Melio
The deal will be funded through a placement to raise US$1.2 billion, a US$400 million unsecured credit facility, among others Xero, New…
Business
Labubu’s Pop Mart share price weakness does not faze analysts; Nomura confident its growth story is intact
Analysts are still bullish on Chinese toy company favourite – Pop Mart International Group – despite its recent share price plunge, in…
Business
Labubu’s Pop Mart share tumble does not faze analysts; Nomura confident growth story is intact
Analysts are still bullish on Chinese toy company favourite – Pop Mart International Group – despite its recent share price plunge, in…
Business
Labubu’s Pop Mart share tumble does not faze analysts, who flag company's growth story
Analysts are still bullish on Chinese toy company favourite – Pop Mart International Group – despite its recent share price plunge, in…