News

Silver shines bright amid gold pauses
WHILE gold may have dominated headlines over the past year, surging to as high as US$3,500 per ounce in April 2025, it has since entered a consolidation phase. After...
Chinese mega listings catapult Hong Kong to top spot in global markets for IPOs in H1 2025
[HONG KONG] A parade of China’s mega listings in Hong Kong since the turn of the year has helped restore some of the shine to the city as the world’s largest...
HSBC renews hunt for board chairman amid struggle to fill shortlist: FT
Published Sun, Jul 20, 2025 · 04:21 PMHSBC is refreshing its search for a new board chairman, the Financial Times reported on Saturday (Jul 19). The development came after...
Asset manager IPCG accuses Deutsche Bank of breaching agreement, files lawsuit
[SINGAPORE] Asset manager Invest Partners Capital Group (IPCG) is suing Deutsche Bank for allegedly breaching a contractual agreement governing their external asset management arrangement, according to court documents filed...
US dollar slips against euro but maintains weekly gains
[NEW YORK] The US dollar slipped against the euro on Friday (Jul 18) but held on to weekly gains, as investors weighed expected Federal Reserve policy amid signs that...
Reit ETFs see 40% AUM growth in past year as S-Reits regain appeal
[SINGAPORE] Over the past 12 months, Singapore-listed real estate investment trust (Reit) exchange-traded funds (ETFs) have seen more than S$300 million in net new inflows, reflecting continued investor demand....
Blackstone drops out of consortium bid for TikTok US: source
PRIVATE equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok’s US operations, a source familiar with the matter told Reuters on Friday.The latest change came...
Europe: Shares end flat as markets assess earnings flurry
EUROPEAN shares were unchanged on Friday, as losses in heavyweight healthcare shares were countered by an advance in oil and gas stocks, closing out a busy week filled with corporate...
That time Coldplay’s Chris Martin blew up the world (oops) for a couple caught cheating on the kiss-cam
Sometimes you just want a moment back. Just one tiny moment. For example, the moment that a kiss-cam busted you and your head of HR for cheating at a...
Uvalde school shooter was fueled by Instagram and ‘Call of Duty,’ L.A. lawsuit alleges
Tess Mata’s parents were once enthusiastic about social media. The 10-year-old from Uvalde, Texas, wanted to be TikTok famous. She used to dance, sing and imitate popular trends on...
RHB Bank’s Singapore unit key to regional growth plan, targets
Published Fri, Jul 18, 2025 · 05:34 PM[SINGAPORE] RHB Singapore, part of Malaysia’s fourth-biggest banking group RHB, will be key in driving its regional expansion plans and help meet...
HSBC disbands team focused on managing geopolitical risks
Published Fri, Jul 18, 2025 · 05:04 PM[LONDON] HSBC Holdings is disbanding a team of staffers that were focused on identifying and managing geopolitical risk even as the possibility...