News
India’s SBI Funds Management attracts US$31 billion in bids in country’s fourth-most-subscribed IPO
India’s largest asset manager oversees funds worth US$131 billion as of March 2026Published Fri, Jul 17, 2026 · 01:32 PMINDIA’S SBI Funds Management drew bids worth 3 trillion Indian...
Frasers Property Industrial CEO Reini Otter to step down; Ian Barter named interim leader
[SINGAPORE] Frasers Property announced on Friday (Jul 17) that the CEO of its industrial and logistics arm, Frasers Property Industrial, is set to step down on Dec 17.Reini Otter,...
IPOs of tiny foreign firms nearly vanish in US after pump-and-dump crackdown
2026 sees micro-cap IPOs raise under US$300 million, against US$1.6 billion in all of 2025[WASHINGTON] Initial public offerings of tiny foreign companies in the US have all but disappeared...
Asian stocks slip after AI valuation fears spark Wall Street chip selloff
Published Fri, Jul 17, 2026 · 09:25 AMASIAN stocks edged lower on Friday (Jul 17) after a selloff in chipmakers dragged down Wall Street as investors questioned whether massive...
Stocks to watch: Geo Energy Resources
[SINGAPORE] The following company saw new developments that may affect trading of its securities on Friday (Jul 17): Geo Energy Resources : The Indonesian coal producer said in a...
Gold on track for biggest weekly loss in six weeks as Iran war fans inflation worries
Higher oil prices stoke inflation concerns, raising expectations of elevated interest ratesPublished Fri, Jul 17, 2026 · 08:12 AM — Updated Fri, Jul 17, 2026 · 12:00 PM[BENGALURU] Gold...
Hin Leong’s US$2.6 billion claim against Deloitte struck out by apex court
The auditor is not liable for trading losses incurred by the company from November 2015 to mid-April 2020[SINGAPORE] The apex court of Singapore has struck out insolvent oil trader...
Oil settles lower but remains near one-month high amid escalating US-Iran tensions
Iran has asked Yemen’s Houthis to be ready to close the Red Sea oil route if the US strikes Iranian power infrastructurePublished Fri, Jul 17, 2026 · 06:28 AM[NEW...
Geo Energy’s new infrastructure unit to boost Ebitda by up to US$350 million annually
Newly operational Marga Bara Jaya integrated unit marks a new source of earnings beyond coal mining[SINGAPORE] Indonesian coal producer Geo Energy Resources said its newly operational Marga Bara Jaya...
Abbott raises 2026 profit forecast on strength in diagnostics, heart devices
Abbott’s quarterly sales in its medical devices segment grew 9% to US$5.85 billionPublished Thu, Jul 16, 2026 · 09:08 PM[WASHINGTON] Abbott beat estimates for quarterly results and raised its...
