News

Global bonds are reeling as oil surge rekindles inflation threat
Published Sat, Jul 25, 2026 · 03:48 PM[LONDON] Global bonds were pummelled this week by the latest resurgence in energy prices, delivering losses to investors who bet the worst...
China fines Trip.com US$765 million for abusing market dominance
Published Sat, Jul 25, 2026 · 02:35 PM[BEIJING] Chinese regulators fined Trip.com Group 5.18 billion yuan (US$765 million), concluding that the country’s largest travel booking platform abused its market...
El Nino worsens plight of Asia’s rice belt after war price shock
[SINGAPORE] A dry spell is sweeping across Asia’s rice fields, dealing another blow to farmers grappling with steep fuel and fertiliser prices triggered by the war in Iran.From Vietnam...
BlackRock gets soft demand for bond sale after AI debt sell-off
Published Sat, Jul 25, 2026 · 11:23 AM[NEW YORK] BlackRock has seen weaker-than-usual demand for a corporate bond sale tied to a Meta Platforms data centre project in Texas,...
Billionaire founder of Chinese broker Futu faces his toughest test
A securities fraud class action lawsuit is pending against Futu, Li Hua, chief financial officer Chen Yu[HONG KONG] From an early engineer at Tencent to the billionaire founder of Futu, Li...
Oil falls on report China pushing for end US-Iran war
Published Sat, Jul 25, 2026 · 08:40 AM[HOUSTON] Crude oil futures prices were more than 4 per cent lower on Friday (Jul 24) after sources said that China had...
Sias questions Accrelist after audit adjustments quadruple its FY2026 net loss
It is also asked about the material variation between its unaudited and audited statements in nine of the last 10 financial years[SINGAPORE] The Securities Investors Association (Singapore), or Sias,...
AmEx lifts revenue forecast, unchanged profit outlook weighs on shares
Billed business, a measure of total spending on AmEx cards, rose 9% to US$455.8 billionPublished Fri, Jul 24, 2026 · 10:00 PM[NEW YORK] American Express beat second-quarter profit estimates...
Hong Kong eases listing thresholds to draw more IPOs
They are part of a wider push by Hong Kong to strengthen its position as a fundraising hubPublished Fri, Jul 24, 2026 · 08:54 PM[HONG KONG] Hong Kong’s stock...
Air India investment receives ‘full attention’ from whole board: SIA chairman
[SINGAPORE] Singapore Airlines (SIA) chairman Peter Seah assured shareholders at the group’s 54th annual general meeting (AGM) that the board of directors is on top of its billion-dollar investment...
SK Hynix tycoon ordered to pay US$643 million divorce settlement
Published Fri, Jul 24, 2026 · 07:02 PM[SEOUL] SK Hynix billionaire Chey Tae-won was ordered by a South Korean court to pay his former wife 944 billion won (US$643...
Singapore, HK workers less optimistic than regional peers about AI impact on jobs: report
Job displacement due to automation and potential skill obsolescence are among professionals’ top concerns[SINGAPORE] Professionals in Singapore and Hong Kong are less optimistic than their regional peers about the...