Business
Toyota crashes Indonesia’s used-car party with US$120 million bet
It’s an alliance everyone saw coming. After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for…
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Business
Jensen Huang starts selling Nvidia stock under US$865 million plan
IA Corp chief executive officer Jensen Huang has started selling the chipmaker’s stock, his first transactions under a plan that allows…
Business
Australia: Banks, miners lift stocks; Trump’s Iran-Israel truce announcement boosts sentiment
RALIAN shares rose on Tuesday, led by gains in banks and miners, as US President Donald Trump’s announcement of the Iran-Israel ceasefire…
Business
Stoneweg European Business Trust invests 50 million euros in fund with early-stage data centre sites
They will be 225 hectares in total size located in Ireland, Spain, Italy, and Denmark Stoneweg European Business Trust announced on…
Business
Stocks to watch: OCBC, Lum Chang, Suntec Reit, Acrophyte Hospitality Trust, Stoneweg Europe Stapled Trust, ICP
The following companies saw new developments that may affect trading of their securities on Tuesday (Jun 24): OCBC: The lender on Monday…
News
Tesla sued over Model S crash that killed three in New Jersey
TESLA was sued on Monday by the estates of three people killed last September when their 2024 Model S equipped with Autopilot and Full…
Business
Nissan’s new CEO faces investor grilling over job cuts, losses and mounting debt
NISSAN Motor chief executive officer Ivan Espinosa’s first shareholder meeting will be overshadowed by tough questions over tariffs,…
Business
A US$4 billion Hong Kong family office makes first crypto foray
A MONEY manager to some of Hong Kong’s richest individuals will start investing in crypto, as more favourable regulations attract a wider…
Business
US Fed official says open to July interest rate cut
A key US central bank official called on Monday for an interest rate cut as early as July if inflation effects from President Donald…
News
Oil settles down 7% after Iran attacks US military base in Qatar, not tankers
Oil prices settled down more than 7 per cent on Monday, losing more than US$5 a barrel after Iran took no action to disrupt oil and gas…
Business
Europe: Stocks fall in wake of US-Iran tensions
EUROPEAN stocks stumbled on Monday. The pan-European Stoxx 600 index closed 0.28 per cent lower at 535.03, after touching its lowest level…
Business
US: Stocks rally as crude prices fall sharply
Wall Street stocks rose on Monday as markets shrugged off Iran’s response to the weekend US military strike while petroleum-related…
Business
G-III Hits PVH With $250M Breach of Contract Lawsuit
G-III Apparel Group is done playing the jilted licensing partner, and has filed a $250 million breach of contract against PVH Corp. in New…
Fashion
Natasha Hethcoat Crowned WBFF Miss Fitness World 2024, Launches High-Impact Billboard Campaign
Natasha Hethcoat, an elite figure in the world of fitness modeling, was crowned WBFF Miss Fitness World 2024—an achievement that not only…
Business
Did Iran Shift Its Uranium Stockpile Before Attack? Satellite Images Shows Trucks Near Fordow Nuclear Site Before US Bunker Buster Bom Attack
Satellite images that emerged on Monday morning appear to show dozens of trucks gathered at Iran's Fordow nuclear site just days ahead of…
News
Police officers charged with murder of Kenyan blogger
Three police officers in Kenya have been charged with the murder of a 31-year-old blogger who died in police custody earlier this month.…
Business
MAS denies ex-NTUC Income CEO’s request to meet chairman Gan Kim Yong over Allianz matter
The Monetary Authority of Singapore (MAS) said on Monday (Jun 23) that it has rejected former NTUC Income chief executive Tan Suee Chieh’s…
Business
MAS turns down ex-NTUC Income CEO’s request to meet chairman Gan Kim Yong over Allianz matter
The Monetary Authority of Singapore (MAS) said on Monday (Jun 23) that it has rejected former NTUC Income chief executive Tan Suee Chieh’s…
News
Japanese megabanks weigh Middle East evacuations, JPMorgan limits travel
[TOKYO/NEW YORK] Several major Japanese banks are considering evacuating staff from the Middle East and Wall Street giant JPMorgan has…
Business
US: Wall Street indices open muted as investors await Teheran's response to US strikes
Wall Street’s main indices opened subdued on Monday (Jun 23) as investors awaited Iran’s possible response to US airstrikes on its nuclear…
Business
Lum Chang Creations lodges preliminary document for Catalist IPO
Interior fit-out business Lum Chang Creations has lodged a preliminary prospectus on Monday (Jun 23) for a Catalist listing on the…
Business
Young investor demand for alternative assets is reshaping Wall Street’s playbook
Wall Street has a new favourite investor. They are young, they are affluent and they’re sceptical that traditional markets can deliver…
Business
Stellantis shares fall as new CEO avoids big shake-up of top jobs
Stellantis new CEO Antonio Filosa started his tenure on Monday (Jun 23) by retaining his previous role as head of the key North American…
Business
Global Markets Open Cautiously as Oil Surges After US Strikes Iran's Nuclear Sites
Stocks around the world began the week cautiously after rising tensions in the Middle East prompted concerns about oil supply and…