Culture
China’s biotech moment ignites a 60% stock rally that beats AI
China’s biotechnology stocks have shaken off a four-year slump to be among the hottest performers in Asia this year and funds are tipping…
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Culture
Culture
Oil market, long numb to war risk, confronts weekend of worry
The past two years of escalating tensions in the Middle East have taught oil traders to be sanguine about the risk of disruption to oil…
Culture
New World sells 138 Hong Kong homes at discount within hours
New World Development and its partners sold 138 apartments in a few hours at a new project after pricing the homes at a discount to lure…
Culture
US dollar’s tepid rebound reinforces questions around haven role
The US dollar’s muted rally against major peers after Israel’s strikes on Iran reinforced the impression that the greenback’s role as a…
Culture
The low-cost carriers that have taken to Singapore skies
News of the impending shutdown of Jetstar Asia, with the loss of more than 500 jobs, has sent shockwaves through the aviation sector.…
Culture
DBS, OCBC, UOB lead weekly buyback consideration tally
Over the five trading sessions from Jun 6 to 12, institutions were net sellers of Singapore stocks with net institutional outflow of S$80…
Culture
Diversified S-Reits’ operating performance remains resilient amid market uncertainties
Diversified real estate investment trusts (Reits) hold a mixture of assets across multiple sub-sectors such as industrial, retail, office…
Culture
Debt to decarbonisation: challenges for Nippon Steel
Nippon Steel on Saturday (Jun 14) touted a “historic partnership” with US Steel after US President Donald Trump approved a…
Culture
Musk pins Tesla's comeback on robotaxis after retreat from feud
TESLA already had a lot riding on its highly anticipated robotaxi launch long before Elon Musk decided to swing a wrecking ball through…
Culture
Blackstone said to be in talks to buy embattled Allegiant resort
KSTONE is in talks to purchase Allegiant Travel’s Sunseeker resort, moving the parent of Allegiant Airlines closer to shedding the…
Culture
Boeing resumes China deliveries with 787-9 jet to Juneyao Airlines, Yicai reported
[BEIJING/HONG KONG] Boeing delivered a new 787-9 aircraft to China’s Juneyao Airlines on Saturday (Jun 14), Chinese media outlet Yicai…
Culture
Trump said Nippon-US Steel deal has resolvable national security risk
US PRESIDENT Donald Trump said on Friday (Jun 13) that concerns over national security risks posed by Nippon Steel’s US$14.9 billion bid…
Culture
Trump reports tens of millions in income from crypto ventures
PRESIDENT Donald Trump filed his first public financial disclosure report of his term on Friday (Jun 13), providing what he said was the…
Culture
Anxious families await dental identification of Air India crash victims
Dozens of anxious family members sat outside an Indian hospital on Friday (Jun 13) waiting to collect bodies of loved ones killed in the…
Culture
Meta's US$14.8 billion Scale AI deal latest test of AI partnerships
Facebook owner Meta’s US$14.8 billion investment in Scale AI and hiring of the data-labeling startup’s chief executive offiecer will test…
Culture
Trump Media's registration for bitcoin treasury deal becomes effective
P Media and Technology Group said on Friday (Jun 13) that the US Securities and Exchange Commission has declared effective the…
Culture
US: Stocks fall as investors pare risk on Middle East clash
Wall Street stocks finished sharply lower Friday (Jun 13) as Iran launched counterstrikes in response to an Israeli siege, leaving most…
Culture
Europe: Shares tumble as Israel-Iran conflict escalates
EUROPEAN shares closed lower on Friday (Jun 13) as Israel’s wide-scale strike against Iran triggered a broad market selloff, with…
Culture
Oil settles up 7% as Israel, Iran trade air strikes
Oil prices jumped on Friday (Jun 13) and settled 7 per cent higher as Israel and Iran traded air strikes, feeding investor worries that…
Culture
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…
Culture
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…
Culture
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…
Culture
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…
Culture
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…