Vingroup’s 1,000% surge tests limits of Vietnam’s market boom

Vingroup’s 1,000% surge tests limits of Vietnam’s market boom

The conglomerate is now worth more than any Indonesian company and even surpasses regional heavyweights Singtel and JD.com Published Fri, Jun 5, 2026 · 10:06 AM [HANOI/MUMBAI] Unexplained gains in Vietnam’s biggest stock have confounded seasoned analysts and set off a frenzy among retail traders, raising doubts about how long the rally can last. Up…

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Gold steadies as uncertainty surrounds progress in US-Iran talks

Gold steadies as uncertainty surrounds progress in US-Iran talks

The war’s protracted disruption to energy flows via the Strait of Hormuz has driven oil prices higher Published Fri, Jun 5, 2026 · 08:51 AM [SINGAPORE] Gold was little changed as uncertainty persisted over progress in US-Iran talks to end the war that’s roiled global markets. Bullion traded near US$4,470 an ounce on Friday (Jun…

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Civmec order book hits record S$1.5 billion on new resources, infrastructure projects

Civmec order book hits record S.5 billion on new resources, infrastructure projects

[SINGAPORE] Construction and engineering services provider Civmec announced on Thursday (Jun 4) that its order book reached a new record of S$1.5 billion amid new contracts, panel agreement extensions and orders. The mainboard-listed company said that the new awards span its resources, infrastructure, energy and maintenance activities, and are expected to be delivered across FY2027…

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Stocks to watch: CDL, IReit, Civmec

Stocks to watch: CDL, IReit, Civmec

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 5): City Developments Ltd (CDL) : CDL announced on Friday a 100 per cent take-up rate for its buyback offer for 24,120,733 preference shares. Shares of CDL ended at S$8.39, S$0.01 or 0.1 per cent lower, before the…

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KPMG Australia fallout widens as RBA, pension reassess

KPMG Australia fallout widens as RBA, pension reassess

The episode is the latest in a series of issues in recent years that has triggered greater scrutiny of consulting firms in the country Published Fri, Jun 5, 2026 · 07:38 AM [SINGAPORE/MELBOURNE] Australia’s central bank and one of the country’s biggest pension funds are scrutinising and distancing themselves from KPMG Australia as whistleblower misconduct…

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