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Oil Soars Nearly 7% on Israel-Iran Strikes, Stirring Middle East Supply Worries
With tensions escalating and concerns mounting over a broader war in the Middle East, oil prices surged nearly 7% on Friday after Israel…
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Gold Prices Surge as Middle East Tensions Rise and Rate Cut Hopes Grow
Markets jittered on Friday as new tensions in the Middle East sent tremors through global finance. Investors fled to gold as a haven in a…
Culture
Olivia Wilde Climbs Into Chloé’s Aria Platforms in a Rich Amber for the Taormina Film Festival in Italy
Olivia Wilde is ready to be honored. The actress arrived for a photo call at the 71st Taormina Film Festival on Friday in Taormina, Italy,…
Business
Shein's planned Hong Kong listing to benefit from wider capital pool, analysts say
Shein’s planned listing in Hong Kong will help the online fast-fashion retailer avoid sharp investor scrutiny of its supply chains while…
Business
US: Wall St opens lower as Israel-Iran conflict hits risk appetite
Wall Street’s main indexes opened lower on Friday (Jun 13) after Israel’s deadly strike on Iranian nuclear facilities inflamed tensions in…
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Sunjay Kapur Cause of Death: Prince William's Billionaire Friend Dies Aged 53 after Swallowing Bee While Playing Polo Match
Sunjay Kapur, a close friend of Prince William, has died at the age of 53 after swallowing a bee, which triggered a fatal heart attack.…
Business
Alibaba movie unit’s pivot, rebrand bring US$2 billion value gain
DAMAI Entertainment Holdings, formerly Alibaba Pictures Group, is shifting its focus from movies production to faster-growing…
Business
Thakral associate GemLife inks underwriting agreement for Australian IPO launching ‘very shortly’
The company holds an effective interest of 31.7 per cent in GemLife, a lifestyle resorts business in Australia Mainboard-listed Thakral…
Business
Hong Kong-listed ESR gets shareholders’ nod for privatisation
Shareholders of ESR Group on Friday (Jun 13) approved the scheme resolution proposed by a consortium of investors to acquire and privatise…
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Nigeria pardons activist Ken Saro-Wiwa 30 years after execution
Nigeria's president has pardoned the late activist Ken Saro-Wiwa, 30 years after his execution sparked global outrage. Along with eight…
Business
Google Cloud and Digital Industry Singapore launch programme to spearhead AI development among companies
Digitally-mature companies keen on doing more in the area of artificial intelligence (AI) will now have the opportunity to tap a new…
Business
Maybank downgrades Thai retail sector on weak sales, consumption
Maybank Investment Bank has downgraded Thailand’s retail sector to “neutral” amid weak consumption and falling same store sales growth…
Culture
Jean Smart and John Krasinski Go It Alone, on Broadway and Off
This has been the season of the star. For months now, possibly because the film and television industries spent 2024 in disarray, New York…
Business
Singapore shares fall on Friday amid Middle East tensions; STI down 0.3%
Dip mirrors loss in global equity markets on fears Israel’s strikes on Iran could stoke wider regional conflict Local stocks ended lower…
Business
Novo Nordisk overtakes SAP as Europe’s most valuable company
Novo Nordisk reclaimed its position as Europe’s most valuable public company, overtaking software developer SAP. Shares in the Danish…
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Iran Launches 100 Drones at Tel Aviv in Retaliation after Israeli Airstrikes Killed Iran's Top Military Officials and Disrupted Nuclear Program
Iran launched over 100 drones at Israel on Friday in response to massive airstrikes that killed senior military officers and scientists…
Business
Chinese firms may join group seeking to buy Li Ka-shing’s ports: sources
China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li…
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Captain Sumeet Sabharwal: Air India's Pilot Made Desperate Mayday Call Seconds Before Crash as Experts Believe Bird Strike Led to Tragedy
The pilot of the Air India flight frantically reported that the aircraft was fast "losing power" just moments before the deadly crash,…
Business
Middle East tensions hit Asian and Asean markets; oil and gold prices spike
A wave of geopolitical panic swept across Asian markets on Friday (Jun 13), after Israel launched strikes on Iran’s nuclear and military…
Business
Asian Markets Sell Off as Middle East Tensions Spike and Oil Prices Surge
Asian traders woke to a nervous open on Friday after oil surged and Wall Street futures sank following reports that Israel had carried out…
Business
OCBC users hit by log-in, payment issues; services restored by 2.30 pm
More than 1,000 outage reports are lodged on tracking site Downdetector from around 11 am Customers of OCBC experienced difficulties…
Business
Pop Mart’s 200% stock rally spurs rush to hike price targets
— Street analysts are rushing to raise price targets on Pop Mart International Group following the success of its Labubu dolls. At least…
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Israel Launches Massive Airstrikes on Iran's Nuclear Program and Kills Several Top Military Officials as Khamenei Vows 'Harsh Punishment'
Israel has carried out "preemptive attacks" on Iran, targeting its nuclear program and killed several senior military officials in a bid…
Business
Gold tops one-month high as Middle East tensions spur safe-haven demand
GOLD prices climbed on Friday to their highest point in more than a month, on track for a weekly gain, as investors sought safe-haven…