News
Asian shares drop on chips, dollar edges higher
MSCI’s Asia Pacific equities gauge slips 0.4%, with a regional semiconductor benchmark down 1.6%Published Mon, Jul 6, 2026 · 10:05 AM — Updated Mon, Jul 6, 2026 · 01:14...
Ringgit may rebound on capital flow measures: analysts
The currency has outperformed all Asian peers since BNM pledged on Jun 24 to intensify efforts to boost inflowsPublished Mon, Jul 6, 2026 · 09:31 AMTHE ringgit is poised...
Europe’s heatwave is bright spot for China’s portable AC makers
Only a fifth of European households have air conditioning, International Energy Agency data showsPublished Mon, Jul 6, 2026 · 08:38 AM[HONG KONG] As heat records shattered across Europe in...
Alibaba gets reprieve on lobbying ban tied to US Defense Department blacklist
On Jun 8, the Pentagon adds Alibaba to its roster of Chinese military companies operating in the US, known as the 1260H listPublished Mon, Jul 6, 2026 · 07:07...
Oil drops as flows in Hormuz persist and Opec+ flags more supply
Wall Street banks have forecast that prices have scope to slump further this halfPublished Mon, Jul 6, 2026 · 06:36 AM[SINGAPORE] Oil fell as energy flows through the Strait...
SK Hynix seeks access to AI investors in US$29 billion Nasdaq listing
THIS week’s US$29 billion US stock-market listing for SK Hynix may be the biggest-ever first-time share sale by a foreign company, but it is not just about raising cash....
Gold heads for first weekly gain since May on easing Fed outlook
Published Sun, Jul 5, 2026 · 06:10 PMGOLD headed for its first weekly gain since May as traders dialled down their expectations of Federal Reserve rate hikes.Bullion rose towards...
FPL’s big asset shuffle: Controlling shareholder support is helping it drive value and stay listed
Investors may have to wait for the latent value of its shares to be fully realised in an apathetic market[SINGAPORE] When Frasers Property (FPL) made its first offer for...
Opec+ ratifies planned oil quota hike as Gulf flows rebound
Published Sun, Jul 5, 2026 · 04:50 PM — Updated Sun, Jul 5, 2026 · 07:24 PMMAJOR Opec+ members on Sunday (Jul 5) agreed on another modest increase to...
Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal: FT
The American firm has shelved launches in five of the seven countries it had targeted for growth in 2026Published Sun, Jul 5, 2026 · 01:32 PMUBER has paused the...
