SP Group completes acquisition of EV charge point operator ChargEco 

SP Group completes acquisition of EV charge point operator ChargEco 

The national power company now has Singapore’s biggest electric vehicle charging network [SINGAPORE] SP Group has completed its acquisition of charge point operator (CPO) Strides YTL, which operates under the name ChargEco. The move, announced on Thursday (Jul 2), means the national power company now owns and operates the Republic’s largest electric vehicle charging network.…

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Taiwan detains Super Micro workers in China smuggling probe

Taiwan detains Super Micro workers in China smuggling probe

Four of the firms’ staff are being investigated for falsifying documents and breach of trust Published Thu, Jul 2, 2026 · 08:59 AM [TAIPEI] Taiwanese prosecutors detained two Super Micro Computer employees following a raid of the US company’s local offices earlier this week over alleged shipments of Nvidia chips to China. Prosecutors are investigating…

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Gold holds gain after Warsh remarks ease Fed rate-hike prospects

Gold holds gain after Warsh remarks ease Fed rate-hike prospects

Published Thu, Jul 2, 2026 · 08:58 AM [SINGAPORE] Gold held a rebound after a speech by US Federal Reserve chairman Kevin Warsh dampened speculation the central bank may hike interest rates this year to tackle inflation. Bullion was trading around US$4,050 an ounce after closing up 0.6 per cent on Wednesday (Jul 1), snapping…

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Stocks to watch: Samudera Shipping, Koh Brothers Eco Engineering

Stocks to watch: Samudera Shipping, Koh Brothers Eco Engineering

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 2): Samudera Shipping : Samudera announced on Wednesday that it has acquired Crest10, a DBS property holding company, for S$21 million. Crest10’s principal asset is a property comprising strata commercial units located at 6 Raffles Quay, where Samudera…

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Traders plot worst-case scenario for yen if currency crisis hits

Traders plot worst-case scenario for yen if currency crisis hits

Some investors view Japan as a laggard in raising interest rates to combat inflation [SINGAPORE] The yen sliding to a once-unthinkable 200 per dollar level is now a risk – albeit an extreme one – for some investors.  Under siege from Japan’s wide interest rate gap with other major economies to deepening concerns about Tokyo’s…

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Lakers could sign Jonathan Kuminga by making key move

Lakers could sign Jonathan Kuminga by making key move

The Lakers have been extremely aggressive in free agency this offseason after superstar Luka Doncic relayed his desire for major roster improvements heading into the 2026-27 season. The free agency period began with several subtractions, primarily the departure of LeBron James. The Lakers also lost other key free agents in sharpshooter Luke Kennard and defensive…

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Apple seeks to buy Chinese-made memory chips with lobbying push

Apple seeks to buy Chinese-made memory chips with lobbying push

Both CXMT and YMTC are on US Defense Department list of entities believed to support Beijing’s military Published Thu, Jul 2, 2026 · 06:28 AM [LOS ANGELES] Apple is in negotiations to purchase chips from two Chinese semiconductor makers on a Pentagon blacklist to help reduce the impact of a global memory shortage that’s forced…

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