News

Three senior Mizuho FX/rates traders exit in Singapore, London
Published Tue, Jul 1, 2025 · 11:44 AM[SINGAPORE] Three senior executives have left Mizuho Financial Group’s foreign-exchange and rates trading teams in Singapore and London, according to sources familiar...
Shell-led LNG Canada ships first cargo to meet Asian demand
[LONDON] Shell has started exports from Canada’s first liquefied natural gas (LNG) project, helping to meet rising Asian demand and extending its position in the global LNG market.The first...
South Korea wealth fund to boost bets on AI startups, eyes China tech
[SEOUL] South Korea’s sovereign wealth fund plans to increase allocations to tech startups and venture capital funds (VCs) as part of its broader push to deepen exposure to artificial...
South Korea factory activity shrinks for fifth month but at milder pace: PMI
[SEOUL] South Korea’s factory activity contracted for the fifth straight month in June, though the pace of decline eased, supported by improving domestic economic prospects under the country’s new...
Apple weighs using Anthropic or OpenAI to power Siri in major reversal
[LOS ANGELES] Apple is considering using artificial intelligence (AI) technology from Anthropic PBC or OpenAI to power a new version of Siri, sidelining its own in-house models in a...
Oil edges down on easing Middle East risks but gains for a second month
[HOUSTON] Oil prices edged down on Monday as investors weighed easing Middle East risks and a possible Opec+ output increase in August.Both Brent and US crude oil benchmarks posted their biggest weekly declines...
Europe: Shares see monthly declines as markets eye trade developments
EUROPEAN stocks ended lower in broad-based declines on Monday, closing out June with monthly losses as investors monitored for signs of any progress on US trade talks as the...
US: S&P 500, Nasdaq end at records, adding to big quarterly gains
[NEW YORK] Wall Street stocks rose again on Monday amid optimism over trade negotiations and US tax cut legislation to conclude the final session of the second quarter at fresh records.The...
US: S&P 500, Nasdaq open at record levels on trade talk hopes; set for strong quarter
Published Mon, Jun 30, 2025 · 09:42 PM[NEW YORK] The S&P 500 and Nasdaq opened at fresh record highs on Monday (Jun 30), as optimism over the United States...
Creative Technology CEO Freddy Sim to step down for health reasons; Tan Jok Tin will serve as interim CEO
[SINGAPORE] The chief executive officer of , Freddy Sim, will step down from his role on Jul 11 for health reasons, shortly after taking on the top job in...
China urges Canada to ‘correct wrongdoing’ over Hikvision shutdown
Published Mon, Jun 30, 2025 · 08:35 PM[BEIJING] China’s commerce ministry on Monday (Jun 30) urged Canada to “immediately correct its wrongdoings” after Ottawa ordered the Chinese surveillance camera...
Another interior fit-out firm eyes Catalist IPO as Dezign Format lodges preliminary prospectus
[SINGAPORE] A second interior fit-out company is preparing to list on the Singapore Exchange’s Catalist board in as many weeks, as Dezign Format Group lodged its preliminary prospectus on...