News

Latest Singapore six-month T-bill cut-off yield down at 1.85%
[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) tumbled to 1.85 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday...
Malaysia rate cut bets grow as tariff talks weigh on outlook
[KUALA LUMPUR] Expectations are growing for Malaysia’s central bank to cut interest rates at its policy meeting on Jul 9, which is also the deadline for countries to reach...
Barclays names several leadership changes in its Asia Pacific investment banking unit
[SINGAPORE] Richard Satchwell has been appointed head of capital markets financing for Asia-Pacific at Barclays, among other key leadership changes within the bank’s Apac Investment Banking business. The change...
Airbus to sell more A330neo jets to Malaysia Airlines: sources
Published Thu, Jul 3, 2025 · 10:17 AM[PARIS] Europe’s Airbus is close to winning an order from Malaysia Aviation Group (MAG) for more A330neo long-haul jets, industry sources said...
Oiltek, SEDC Energy in talks on potential role in Sarawak sustainable aviation fuel plant initiative
The programme is in collaboration with sustainable aviation fuel technology provider Sulzer[SINGAPORE] Oiltek announced on Thursday (Jul 3) that it is in talks with Sarawak Economic Development Corporation (SEDC)...
Ban Leong Technologies privatisation offer closes with 96.6% valid acceptances
The offeror, a unit of Nasdaq-listed GCL Global, plans to compulsorily acquire all remaining unacquired shares and delist the company [SINGAPORE] The voluntary unconditional cash offer by video game...
Stocks to watch: Seatrium, Ban Leong, Oiltek, Addvalue
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 3):   Seatrium: The group has secured a floating storage regasification unit...
Management booted out as Japan’s shareholders flex their muscles in AGMs
[TOKYO] Japan’s annual general meetings in June saw a CEO voted out and an entire board of directors replaced in a sign shareholders are increasingly holding management to account...
Tesla reports lower car sales, extending slump
[NEW YORK] Tesla reported another hefty drop in auto sales on Wednesday, extending a difficult period amid intensifying electric vehicle competition and backlash over CEO Elon Musk’s political activities.The...
Japan’s bond market faces first 30-year sale since issuance cut
[TOKYO] Japan’s auction of 30-year sovereign notes on Thursday (Jul 3) is shaping up as a barometer of policymakers’ success in quelling debt-market turmoil that pushed yields on the...
Tesla sales continue to slide amid competition and backlash against Elon Musk
As Elon Musk scrambles to restore Tesla’s reputation and deliver on promises of autonomous driving technology, vehicle sales for the company continued to fall last quarter.Tesla delivered 384,122 vehicles...
Microsoft to cut about 9,000 jobs amid hefty AI bets
[NEW YORK] Microsoft will lay off nearly 4 per cent of its workforce, or about 9,000 people, the company said on Wednesday (Jul 2), in the latest job cuts...