iCapital strengthens Apac presence as demand for alternatives surges among wealthy investors

iCapital strengthens Apac presence as demand for alternatives surges among wealthy investors

Singapore’s wealthy are no longer asking whether to invest in alternatives – they want to know how: COO [SINGAPORE] Temasek-backed global fintech firm iCapital, a platform that streamlines the complex, manual processes traditionally required to access private markets, is looking to expand its Asia headcount, it said on Wednesday (Jun 10). This comes as demand…

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Gold extends fall as renewed US-Iran clashes test fragile truce

Gold extends fall as renewed US-Iran clashes test fragile truce

The latest clashes threaten a fragile ceasefire and risk extending the near-total closure of Hormuz Published Wed, Jun 10, 2026 · 08:05 AM [SINGAPORE] Gold extended a decline after the US launched fresh strikes against Iran in retaliation for the downing of a military helicopter, jeopardising efforts to end the war that’s roiled global markets.…

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Gold slumps below US$4,200 as renewed US-Iran clashes test truce

Gold extends fall as renewed US-Iran clashes test fragile truce

The latest clashes threaten a fragile ceasefire and risk extending the near-total closure of Hormuz Published Wed, Jun 10, 2026 · 08:05 AM — Updated Wed, Jun 10, 2026 · 11:48 AM [SINGAPORE] Gold extended a decline after the US launched strikes against Iran in retaliation for the downing of a military helicopter, jeopardising efforts…

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CGSI upgrades Singapore banking sector to ‘overweight’ on net interest income upside

CGSI upgrades Singapore banking sector to ‘overweight’ on net interest income upside

[SINGAPORE] CGS International (CGSI) has upgraded its outlook on the Singapore banking sector from “neutral” to “overweight”, amid robust capital inflows and continued loan growth. In a note on Tuesday (Jun 9), the brokerage said it believes local lenders are well-positioned for return on equity (ROE) expansion, driven primarily by net interest income (NII) growth…

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Stocks set to decline as US hits Iran, oil gains

Stocks set to decline as US hits Iran, oil gains

Increasing volatility is testing a market that has surged to record highs on optimism about easing geopolitical tensions and the AI buildout Published Wed, Jun 10, 2026 · 06:42 AM — Updated Wed, Jun 10, 2026 · 08:50 AM [SINGAPORE] Asian equities were set to fall as tensions escalated in the Middle East after US…

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European shares close lower as investors weigh Middle East risks

European shares close lower as investors weigh Middle East risks

Published Wed, Jun 10, 2026 · 05:38 AM [BENGALURU] European shares surrendered early gains on Tuesday (Jun 9) to close lower for a third straight session, led by declines in commodity-linked stocks as investors weighed a fragile Iran-Israel ceasefire. The pan-European index Stoxx 600 edged down 0.5 per cent to 618.64 points, with miners and…

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