News
US: Stocks rally as crude prices fall sharply
Published Tue, Jun 24, 2025 · 06:12 AM[NEW YORK] Wall Street stocks rose on Monday as markets shrugged off Iran’s response to the weekend US military strike while petroleum-related equities plummeted...
MAS denies ex-NTUC Income CEO’s request to meet chairman Gan Kim Yong over Allianz matter
[SINGAPORE] The Monetary Authority of Singapore (MAS) said on Monday (Jun 23) that it has rejected former NTUC Income chief executive Tan Suee Chieh’s request to meet chairman Gan Kim...
Japanese megabanks weigh Middle East evacuations, JPMorgan limits travel
[TOKYO/NEW YORK] Several major Japanese banks are considering evacuating staff from the Middle East and Wall Street giant JPMorgan has restricted employee travel in the region as tensions escalate.
The...
US: Wall Street indices open muted as investors await Teheran’s response to US strikes
Published Mon, Jun 23, 2025 · 09:46 PM[NEW YORK] Wall Street’s main indices opened subdued on Monday (Jun 23) as investors awaited Iran’s possible response to US airstrikes on...
Stellantis shares fall as new CEO avoids big shake-up of top jobs
[MILAN] Stellantis new CEO Antonio Filosa started his tenure on Monday (Jun 23) by retaining his previous role as head of the key North American market, while avoiding major...
Private-hire group urges Grab to delay bonus revamp, over fears that drivers’ earnings will be hurt
[SINGAPORE] The National Private Hire Vehicles Association (NPHVA) has urged Grab to delay changes to its driver incentive scheme, saying it is “particularly concerned” about the impact on drivers’...
Nomura CEO’s pay more than doubles after profit hits record
[TOKYO] Nomura Holdings more than doubled Kentaro Okuda’s pay last year, rewarding the chief executive officer for guiding Japan’s largest brokerage to a record annual profit.
Okuda’s compensation rose...
TrueMoney stands out in Thailand’s virtual banking shake-up after licence win
[BANGKOK] Thailand is shaking up its sleepy banking sector. The Thai Finance Ministry’s decision to grant virtual bank licences to three consortiums on Jun 19 is set to inject fresh...
Montage is said to hire banks for US$1 billion Hong Kong listing
The US has been trying to curb Beijing’s ambitions to build a domestic semiconductor industry,Published Mon, Jun 23, 2025 · 11:27 AM[HONG KONG] Chinese chip designer Montage Technology has...
Changi Airport Group exploring possible new flights to Semarang, Palembang, Belitung in Indonesia
[SINGAPORE] There could potentially be new flight connections between Singapore and three Indonesian destinations – Semarang in Central Java, Palembang in South Sumatra and Belitung Island off the east...
