News
Australia central banker says oil shock yet to slow economy
Published Wed, Jul 8, 2026 · 09:27 AM[SYDNEY] The recent oil shock has led to falls in Australia’s consumer and business confidence but so far there are few signs...
Stocks to watch: Frasers Property, ESR-Reit, Foundation Healthcare
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 8): ESR-Reit : The real estate investment trust (Reit) is set to...
From factory to tech frontier: China becomes legacy automakers’ innovation engine
Shifting R&D to the country helps traditional automakers bulk up their tech abilities[SHANGHAI] In May, General Motors (GM) marked a rare milestone for a foreign automaker in China, selling...
SK Hynix US listing said to be multiple times oversubscribed
Published Wed, Jul 8, 2026 · 06:41 AM[NEW YORK] SK Hynix’s US$28 billion US listing is multiple times oversubscribed ahead of pricing on Thursday (Jul 9), according to sources...
SK Hynix US offering is more than seven times oversubscribed
It could be among the largest foreign company debuts in the US, second only to Alibaba Group’s US$25 billion debutPublished Wed, Jul 8, 2026 · 06:41 AM — Updated...
Gold falls as traders weigh Fed rate path and Hormuz attacks
Published Tue, Jul 7, 2026 · 10:13 PM[LONDON] Gold extended a pullback from a two-week high, as traders weighed the outlook for US interest rates and renewed attacks on...
ESR-Reit proposes to buy 5 logistics assets in Australia for US$192.4 million
[SINGAPORE] ESR Real Estate Investment Trust (ESR-Reit) has proposed to buy five freehold logistics properties in Melbourne, Australia, for A$276.8 million (US$192.4 million).The acquisition would increase its distribution per...
China’s DeepSeek developing its own AI chip: sources
Published Tue, Jul 7, 2026 · 08:42 PM[BEIJING] Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter, a push that could...
Foundation Healthcare IPO 3.8 times subscribed
The Singapore offering is 9.4 times subscribed, with 3,805 valid applications for 87 million shares[SINGAPORE] The initial public offering of Foundation Healthcare was 3.8 times subscribed, the company said...
Singapore banks lead gains on STI; benchmark index up 1.6%
Published Tue, Jul 7, 2026 · 06:36 PM[SINGAPORE] Singapore stocks ended higher on Tuesday (Jul 7), led by gains in the local banking trio.The benchmark Straits Times Index (STI)...
