Carlsberg nears filing for US$700 million India IPO: sources

Carlsberg nears filing for US0 million India IPO: sources

It is working with Kotak Mahindra Capital and local units of JPMorgan Chase and Citigroup on the share sale Published Mon, Jun 8, 2026 · 03:47 PM [NEW DELHI] Carlsberg is preparing to file draft papers for an initial public offering (IPO) of its India unit as early as June, sources said. The potential listing…

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How a few AI chip giants warped Asia’s stock picking game

How a few AI chip giants warped Asia’s stock picking game

TSMC, Samsung and SK Hynix make up a third of MSCI Asia-ex-Japan, raising concentration risks Published Mon, Jun 8, 2026 · 01:00 PM [SINGAPORE] Sam Konrad’s stocks are having a fantastic year, thanks to AI-fuelled rallies in Taiwan and South Korea, but his fund is so top heavy with winners, he now needs to ditch…

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OCBC to offer physical gold trading services for institutional, BOS private banking clients from Jun 10

OCBC to offer physical gold trading services for institutional, BOS private banking clients from Jun 10

[SINGAPORE] From Wednesday (Jun 10), OCBC will offer its institutional clients and high-net-worth customers of its private banking arm Bank of Singapore (BOS) physical gold trading services, the bank announced on Monday. Eligible clients will be able to buy, sell and custodise the precious metal through OCBC and store their holdings in a Singapore-based vault.…

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Indonesia’s foreign reserves suffer longest decline since 2018

Indonesia’s foreign reserves suffer longest decline since 2018

Published Mon, Jun 8, 2026 · 12:15 PM [JAKARTA] Indonesia’s foreign-exchange reserves fell for a fifth straight month in May, underscoring the cost of policymakers’ efforts to steady the rupiah after its slide to a record low. Reserves dropped to US$144.9 billion last month, marking the longest stretch of losses since 2018. The decline was…

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Nasa to wear Prada as luxury group pushes into space industry

Nasa to wear Prada as luxury group pushes into space industry

Published Mon, Jun 8, 2026 · 11:39 AM [NEW YORK] Italian fashion house Prada unveiled on Sunday (Jun 7) the inner-layer garment set to be worn by Nasa astronauts heading to the moon, underscoring the brand’s push to be the first major luxury player to make inroads in the space industry. The body-hugging suit, created…

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