Posts by Nathan Pine
Stocks to watch: OUE Reit, OUE Ltd, Frasers Property, Vicom, UOB
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jun 25): Frasers Property : The real estate group on Thursday said it is proposing a S$2.1 billion optimisation of its Frasers Hospitality Trust (FHT) portfolio, marking the next stage of its hospitality strategy following the trust’s privatisation last…
Read MoreHigher-for-longer US rates could boost Singapore banks’ earnings beyond 2026: analysts
A hawkish Fed could be good news for DBS, OCBC and UOB, even as benefits may not be equal across the sector [SINGAPORE] A more hawkish US Federal Reserve could provide an earnings boost for Singapore banks by slowing the pace of net interest margin (NIM) compression, analysts say. Some have also suggested that the…
Read MoreOil erases wartime gains as more tankers transit Hormuz
Published Thu, Jun 25, 2026 · 06:01 AM OIL’S wartime price gains have evaporated as the US and Iran log progress in peace talks and more tankers openly transit the Strait of Hormuz, easing fears of a supply crunch. West Texas Intermediate fell to settle near US$70 a barrel, the lowest since the end of…
Read MoreOpenAI, Broadcom unveil chip to run models faster, cheaper
The finalised chips will be integrated into large data centres later this year. Published Wed, Jun 24, 2026 · 11:07 PM OpenAI unveiled its first custom artificial intelligence chip developed in partnership with Broadcom, part of a bid by the ChatGPT maker to gain an edge by tailoring hardware to better run its AI products. …
Read MoreBrent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz
Ships have already sailed through the strait under a newly launched evacuation scheme by the UN’s shipping agency Published Wed, Jun 24, 2026 · 09:18 PM [BENGALURU] Brent crude prices fell 3 per cent on Wednesday (Jun 24) to the lowest level since before the start of the Iran war on signs that more oil…
Read MoreQualcomm in talks to provide custom chip-design services to ByteDance: sources
The negotiations show US tech companies are keen to do business with China, even with growing friction over AI chips Published Wed, Jun 24, 2026 · 07:36 PM [CALIFORNIA] Qualcomm is in talks to provide chip-design services to China’s ByteDance, four sources said, as the US company seeks to reduce dependence on the smartphone market,…
Read MoreJPMorgan appoints new co-heads for South-east Asia investment banking
Kelvin Goh and Alfons Halim will jointly lead this area in a region the bank views as strategically important [SINGAPORE] JPMorgan has appointed two of its senior bankers as co-heads of its South-east Asia investment banking business, effective immediately. Kelvin Goh, head of the Asia-Pacific financial institutions group, and Alfons Halim, head of Asia-Pacific real…
Read MoreSK Hynix seeks 45.45 trillion won with US listing to fund AI boom
Published Wed, Jun 24, 2026 · 05:18 PM [SEOUL] SK Hynix is planning to raise 45.45 trillion won (US$29.4 billion) in a landmark US listing, as companies along the artificial intelligence supply chain rush to increase capacity to meet memory chip demand. At that size, the deal would be among the top five share sales…
Read MoreKids sit in windows as Waymo travels through Westside. Witness alerts company; car doesn’t stop
Look, Ma, no hands! Three boys turned a Waymo ride into a wind-in-their-hair joyride late Friday afternoon in Santa Monica. Local resident Rojia Shahsavani, who was out around 6 p.m. tackling errands, said she witnessed three pre-teen to teen boys taking selfies and sitting on the open window ledges of a white Waymo as the…
Read MoreToxic smoke, rotting food: Inside LA’s ongoing fire crisis
A warehouse fire in the Eastside of Los Angeles continues to burn days after ignition, with smoke spreading across the city and raising health and safety concerns for Californians. On Saturday, Governor Gavin Newsom and Los Angeles Mayor Karen Bass officially proclaimed states of emergency, pledging further support for local efforts to combat the blaze…
Read MoreH-1B Visa update: DHS hits back at Judge’s order over $100,000 fee
The Trump administration has told a federal appeals court that a $100,000 payment tied to certain H‑1B visas is a lawful immigration restriction, not a tax, as it looks to reverse a lower court ruling blocking the policy. In a June 18 court filings, the administration argued in the the US Court of Appeals for…
Read MoreTrump uses Father’s Day message to make bold economic claims
President Donald Trump used a Father’s Day message to tout what he described as a booming U.S. economy and military strength, declaring the country is “winning like never before” in a celebratory post shared to Truth Social early Sunday. In his characteristic all-caps style, Trump pointed to what he called “record” jobs numbers and the…
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