Entrepreneurship
S-Reits with lowest relative gearing have an average ratio of 33.5%
[singapore] Last month, the US Federal Reserve opted to maintain its benchmark interest rate, adopting a cautious stance despite speculation about a potential rate cut as early as July,...
Airbus inks US$20 billion Malaysia jet deals on Anwar trade trip
[HONG KONG] Malaysia’s biggest airlines sealed Airbus deals worth US$20 billion as Prime Minister Anwar Ibrahim wrapped up his European tour.AirAsia reached a tentative agreement to purchase as many...
Opec+ considers adding more than 411,000 barrels on Saturday
[PARIS] Opec+ is considering accelerating its oil production revival even more rapidly than expected during a virtual meeting on Saturday (Jul 5), delegates said.Saudi Arabia has guided the Organization...
Unnamed AIA Group shareholder is said to sell HK$26.8 billion stake
Published Fri, Jul 4, 2025 · 11:22 PM[HONG KONG] An undisclosed AIA Group shareholder sold a HK$26.8 billion (S$4.4 billion) stake in the insurer via block trades, according to...
Google’s AI Overviews hit by EU antitrust complaint from independent publishers
[BRUSSELS] Alphabet’s Google has been hit by an EU antitrust complaint over its AI Overviews from a group of independent publishers, which has also asked for an interim measure...
Tesla has a problem – and it’s not just the Elon Musk backlash
[AUSTIN] Tesla is in a sales slump, with deliveries of its electric vehicles on track to decline for the second full year in a row.The polarising politics of chief...
Credit Suisse, UOB, UBS, Citi among 9 financial institutions penalised S$27 million for roles in S$3b money laundering case
[SINGAPORE] Nine financial institutions (FIs) in Singapore have been penalised a total of S$27.5 million for anti-money laundering related breaches, said the Monetary Authority of Singapore (MAS). The penalties...
Thai telco core profits expected to jump 38% in 2025, outpacing market: Maybank
[SINGAPORE] The core earnings of Thailand’s telecommunications sector are expected to rise 38 per cent in 2025, outpacing the Stock Exchange of Thailand’s forecast growth of 6 per cent,...
Pelita Air to operate from T4 when it lands in Singapore, likely using Jetstar premises
[SINGAPORE] Indonesia’s Pelita Air Service is said to be taking over the check-in premises of Jetstar Asia at Changi Airport terminal 4 after the budget carrier exits, The Business...
Gold heads for weekly gain as US tax-cut bill stokes fiscal worries
GOLD rose on Friday, poised for a weekly gain as investors sought safe-haven assets after the passage of US President Donald Trump’s tax-cut and spending bill in Congress raised...
