News
Wall St opens higher after June jobs report eases rate-hike bets
Published Thu, Jul 2, 2026 · 09:42 PM[NEW YORK] Wall Street’s main indexes opened higher on Thursday (Jul 2) after a softer-than-expected employment report for June tempered expectations for...
Integrated Shield insurers post stronger results in 2025, but recovery may be fragile
Industry margins are thin, and part of 2025’s performance likely came from the premium increases in September 2024POLICYHOLDERS of Integrated Shield Plans (IPs) can generally heave a sigh of...
IHH Healthcare partners some Integrated Shield insurers to rein in private hospital bills
The services of iExchange as a third-party administrator has dampened bill size growth to the low single digitsA PARTNERSHIP between IHH Healthcare and some Integrated Shield Plan (IP) insurers...
Singapore stocks rise on Thursday amid mixed regional showing; STI up 1.1%
Published Thu, Jul 2, 2026 · 06:10 PM[SINGAPORE] Singapore stocks ended higher on Thursday (Jul 2).The benchmark Straits Times Index (STI) gained 1.1 per cent or 55.65 points to...
Great Eastern expands wealth advisory as it deepens push into HNW market
The insurer is seeking to ensure advisers are equipped with expertise and technical proficiency[SINGAPORE] Great Eastern ’s accredited investor clients can now receive advisory services on both securities and...
Saudi Aramco ramps up exports, switches to spot sales
It resumed loadings from Ras Tanura, the world’s largest oil port after a halt of nearly four monthsPublished Thu, Jul 2, 2026 · 04:01 PM[SINGAPORE] At least five supertankers...
China’s private refiners snap up Middle East oil as prices slide
Asian refiners are inundated with offers as shipments through Hormuz rise after an interim peace deal between US and IranPublished Thu, Jul 2, 2026 · 02:47 PMCHINA’S independent refiners...
DBS, Samsung ink MOU to advance wealth management collaboration across Asia
The tie-up covers four areas, such as access to the South Korean market for the Singapore lender’s clients[SINGAPORE] DBS and Samsung Securities on Thursday (Jul 2) signed a memorandum...
Microsoft, Singapore’s Lightstorm, Singtel join consortium to build India-South-east Asia undersea cable
The network will span 3,600 km and have landing stations in Machilipatnam in Andhra Pradesh, where Meta and Alphabet have announced data centresPublished Thu, Jul 2, 2026 · 12:59...
BYD set to overtake Tesla again in fully electric car sales
The carmaker’s shares rise 8.4% on Thursday, its biggest intraday gain since February 2025Published Thu, Jul 2, 2026 · 11:55 AMBYD IS poised to reclaim the title of the...
Japan records leap in currency-driven bankruptcies triggered by yen weakness
Published Thu, Jul 2, 2026 · 10:34 AMJAPAN’S weak currency caused the most bankruptcies for the first half of a year since 2022, underscoring the growing economic costs of...
Singapore High Court interprets vital term of Competition Act in case of price-fixing by warehouse operators
‘By object’ under section 34 of the Act refers to conduct that has ‘manifest anti-competitive economic rationale’[SINGAPORE] The Singapore High Court has defined a vital term of the Competition...