Entrepreneurship
Bank of Japan’s gloomy projections suggest no rate hike this year: ex-top economist
[TOKYO] The Bank of Japan is likely to hold off raising interest rates this year unless a dramatic, positive turn of events in US tariffs allows it to overhaul...
PEC delists from SGX on Jun 19 after US$165 million acquisition by Liberty Energy Solutions
[SINGAPORE] Engineering company PEC was delisted from the mainboard of the Singapore Exchange (SGX) at 9 am on Thursday (Jun 19), after Alliance Energy Services’ offer to privatise the...
Blackstone’s ASK plans to hire 70 wealth bankers in India
The group has over 745 billion rupees in assets across alternative investment funds, portfolio management services and private wealthPublished Thu, Jun 19, 2025 · 10:32 AM[MUMBAI] Blackstone’s ASK Group...
NAB pays A$751,200 penalty on breaches of consumer data rights rules
Published Thu, Jun 19, 2025 · 09:50 AMAUSTRALIA’S competition watchdog said on Thursday that the National Australia Bank had paid a fine of A$751,200 (S$629,000) over alleged breaches of...
Gold rises on Middle East tensions, but Fed’s cautious outlook caps gains
[BENGALURU] Gold prices edged higher on Thursday (Jun 19), supported by safe-haven demand amid uncertainty in the Middle East, although gains were capped as traders assessed the US Federal...
Stocks to watch: DBS, UOB, Sats, Far East Orchard, GuocoLand, Elite UK Reit
THE following companies saw new developments that may affect trading of their securities on Thursday (Jun 19): DBS: The lender inked a memorandum of understanding with the the Australian Trade...
Chipmaker Wolfspeed nears bankruptcy deal with lenders including Apollo
[WASHINGTON] Struggling chipmaker Wolfspeed will be taken over by creditors including Apollo Global Management under a proposal that would put it into bankruptcy just long enough to slash billions...
Oil settles higher as Iran-Israel conflict enters sixth day
[NEW YORK] Oil prices settled higher on Wednesday in a volatile session as investors weighed the chance of supply disruptions from the Iran-Israel conflict and potential direct US involvement.Brent crude futures...
US Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees ‘meaningful’ inflation ahead
[WASHINGTON] The US central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell cautioned...
US: Stocks flat after Fed decision as markets eye Iran
Published Thu, Jun 19, 2025 · 06:12 AMWall Street stocks ended little changed on Wednesday after the Federal Reserve kept interest rates steady, while markets followed ongoing fighting between Iran and...
