Fashion
Stoneweg Europe Stapled Trust sells French warehouse asset Parc de Meslay for 5.7 million euros
The CEO of the manager says the divestment is part of the trust’s ongoing portfolio optimisation initiatives[SINGAPORE] The manager of Stoneweg Europe Stapled Trust (Sert) on Thursday (Jun 4)...
US Fed’s Kevin Warsh inherits economy increasingly squeezed by inflation
Published Thu, Jun 4, 2026 · 08:34 AMUS FEDERAL Reserve chairman Kevin Warsh inherits an economy bolstered by an artificial intelligence investment boom but pinched by rising prices from...
Broadcom slides after AI chip outlook disappoints investors
The chipmaker will deploy three gigawatts of computing power for Meta through the end of 2028Published Thu, Jun 4, 2026 · 08:13 AM[WASHINGTON] Broadcom shares fell in extended trading...
Clar buys Tuas logistics property for S$133.9 million
[SINGAPORE] CapitaLand Ascendas Reit (Clar) is buying a modern ramp-up logistics facility at 5 Tuas Avenue 5 for a purchase consideration of S$133.9 million in cash.The purchase price represents...
Outperforming Asia credit markets a draw for investors
These markets have remained resilient despite the energy shocks from the Middle East conflict, says JPMorgan Chase report[SINGAPORE] Credit markets in Asia have been resilient through the energy shocks...
Oil gains as Middle East hostilities flare
The IEA’s warning that global oil inventories could hit critical levels ahead of peak summer demandPublished Thu, Jun 4, 2026 · 06:14 AM[NEW YORK] Oil prices rose around 2...
Wall Street ends lower as Middle East tensions escalate
Published Thu, Jun 4, 2026 · 05:46 AM[NEW YORK] Wall Street stocks pulled back from record highs on Wednesday (Jun 3) as flaring tensions in the Middle East and...
US factory orders post biggest gain in 11 months in April
Published Wed, Jun 3, 2026 · 11:50 PM[WASHINGTON] New orders for US factory goods posted their biggest increase in nearly a year in April, amid strong demand for commercial...
Uber cuts 23% of people division as new president takes charge
The layoffs represent less than 1% of the ride-share company’s global workforcePublished Wed, Jun 3, 2026 · 11:04 PMUBER Technologies said on Wednesday (Jun 3) that it is cutting...
Singapore stocks end higher as DBS, OCBC hit fresh highs; STI up 0.8%
Published Wed, Jun 3, 2026 · 06:45 PM[SINGAPORE] Singapore stocks ended higher on Wednesday (Jun 3), led by gains across the three local banks.The benchmark Straits Times Index (STI)...
