Stocks fall as Trump declares US-Iran ceasefire ‘over’

Stocks fall as Trump declares US-Iran ceasefire ‘over’

Published Wed, Jul 8, 2026 · 06:09 PM STOCKS fell, bond yields spiked and oil rallied after US President Donald Trump thrust geopolitical risks back into focus by declaring the ceasefire between the US and Iran to be over. S&P 500 futures slid 1 per cent. Brent advanced 6.3 per cent towards US$79 a barrel.…

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Oil jumps over 5% after Trump says deal with Iran ‘over’

Oil jumps over 5% after Trump says deal with Iran ‘over’

Brent crude futures gained US$3.82, or 5.15%, hitting US$77.98 a barrel at 0832 GMT Published Wed, Jul 8, 2026 · 05:11 PM [BENGALURU] Oil prices jumped more than 5 per cent on Wednesday (Jul 8), hitting a two-week high after US President Donald Trump said the memorandum of understanding to end the conflict with Iran…

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South Korea opens probe into Teo Siong Seng’s Singamas and peers over alleged price-fixing: report

South Korea opens probe into Teo Siong Seng’s Singamas and peers over alleged price-fixing: report

[SINGAPORE] The South Korean anti-competition watchdog is said to have opened an investigation into Singapore shipping veteran Teo Siong Seng’s Singamas Container and three other container makers over alleged price-fixing. The Korea Economic Daily Global reported on Tuesday (Jul 7) that the Korea Fair Trade Commission is probing some of the world’s largest container makers…

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South Korea said to open cartel probe into Teo Siong Seng’s Singamas and other container makers

South Korea opens probe into Teo Siong Seng’s Singamas and peers over alleged price-fixing: report

[SINGAPORE] The South Korean anti-competition watchdog is said to have opened an investigation into Singapore shipping veteran Teo Siong Seng’s Singamas Container and three other container makers over their alleged price-fixing conduct. The Korea Economic Daily Global reported Tuesday (Jul 7) that the Korea Fair Trade Commission is probing some of the world’s largest container…

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Cat A hits record S$129,000 as COE rises across the board

Cat A hits record S9,000 as COE rises across the board

[SINGAPORE] The price of a Category A Certificate of Entitlement (COE) hit a record of S$129,000 as other categories also ended higher at the Wednesday (Jul 8) tender exercise. The Category A COE, meant for smaller, less powerful cars and electric vehicles, rose by 4.2 per cent from S$123,847, breaching the previous record of S$128,105 set in October 2025.…

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Alabama teen stabs mom to death as critically wounded dad pleaded to neighbors for help

Alabama teen stabs mom to death as critically wounded dad pleaded to neighbors for help

An Alabama teen allegedly killed his mother in a stabbing attack against his military parents as horrified neighbors watched the boy’s bloodied dad race around the neighborhood begging for help. Samantha Baker, 37, and her 46-year-old husband, Lance Baker, were found suffering from multiple stab wounds outside their Belforest community home in Baldwin County, Alabama,…

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AI, infrastructure, private credit ‘compelling opportunities’ for Temasek’s near-term returns

AI, infrastructure, private credit ‘compelling opportunities’ for Temasek’s near-term returns

[SINGAPORE] After another record year, Temasek is eyeing investments in artificial intelligence, infrastructure and private credit as “compelling opportunities” for near-term returns. It aims to increase its AI-related exposure to 15 per cent of total portfolio value by 2031, up from about 6 per cent currently. The three areas were highlighted in the Temasek Review,…

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From Anthropic to Zegna – the A-to-Z of Temasek’s strategies to thrive in a ‘polycrisis’ world

From Anthropic to Zegna – the A-to-Z of Temasek’s strategies to thrive in a ‘polycrisis’ world

In the financial year ended March 2026, it has added S$51 billion in new investments while divesting S$31 billion ​[SINGAPORE] State investment firm Temasek is moving to position itself at the forefront of the artificial intelligence revolution and the global consumer rebound, amid geopolitical headwinds and a rapidly shifting macroeconomic landscape. ​Demonstrating this assertive posture,…

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