News

Oil’s supply wave, tumbling prices rekindle fears of global glut
Opec may soon have to consider curbing supply to prop up prices, to avoid a fight for market shareOIL prices are falling everywhere as a peace deal between the...
Are the ‘Mangos’ stocks already turning soft?
There’s no guarantee that any of the acronym’s six members will stick around and thrivePublished Sun, Jul 5, 2026 · 09:50 AMIN THE 1950s, Italian industrialist Enrico Mattei was...
SK Hynix is said to weigh 0.5% fee payout in mega ADR offering
Published Sat, Jul 4, 2026 · 04:15 PM[SEOUL] SK Hynix is considering paying about 0.5 per cent of the proceeds from its US listing – one of the largest...
Energy-hungry Asia is already drawing lessons from Iran crisis
Policymakers are recalibrating their energy priorities – and nowhere more so than Asia[SINGAPORE] There is still no lasting peace deal in the Persian Gulf, but energy-hungry Asia is already...
JPMorgan sees US$4,500 gold price in Q4, says risks to downside
Published Sat, Jul 4, 2026 · 01:22 PM[BENGALURU] JPMorgan said demand for gold from key sectors would not be as strong as it had expected, limiting the rise in...
Scarred by 1997 crash, South Korea nervously opens 24-hour won trading
[SEOUL] Deep inside a government complex in Sejong, about two hours from Seoul, a room known as “the box” is ground zero for South Korea’s currency anxieties.Behind a door...
Oil prices little changed as US-Iran peace efforts hold
Published Sat, Jul 4, 2026 · 08:35 AM[CALGARY] Oil prices were little changed for the week as traders held on to hopes for a successful outcome from attempts to...
Europe: Stoxx 600 clocks best week in over a month as rally broadens
Published Sat, Jul 4, 2026 · 08:15 AM[BENGALURU] Europe’s benchmark Stoxx 600 hit an intraday record high on Friday (Jul 3) and logged its biggest weekly jump in over...
Boustead healthcare unit acquires majority stake in medtech company via S$6 million equity injection
[SINGAPORE] Boustead Singapore unit Boustead Medical Care Holdings (BMCH) has acquired a 60 per cent stake in a urology robotics company through a S$6 million equity injection, the engineering...
HSBC, Standard Chartered weigh significant risk transfers as Asia-linked deals ramp up
Such moves allow banks to manage default risk on loan books, boost solvency ratios, free up regulatory capitalPublished Fri, Jul 3, 2026 · 07:11 PMHSBC is laying the groundwork...
Bytedance’s TikTok took over social media. Now, its AI is taking over Hollywood
Earlier this year, a widely circulated 15-second AI-generated video of Brad Pitt fighting Tom Cruise on a rooftop sparked outrage across Hollywood. One screenwriter called the cinematic clip “terrifying.”...
Carlsberg confidentially files US$700 million India IPO
The offering, expected to comprise a secondary share sale by the brewer, can take place later this yearPublished Fri, Jul 3, 2026 · 03:27 PM[NEW DELHI] Carlsberg confidentially filed...