News

Oil slips as Trump’s 50-day deadline for Russia eases supply fears
[NEW YORK] Oil prices dropped by less than 1 per cent on Tuesday after US President Donald Trump’s 50-day deadline for Russia to end the war in Ukraine and avoid sanctions...
US Fed officials say more needs to be done on financial inclusion
[WASHINGTON] US Federal Reserve governor Michael Barr said on Tuesday (Jul 15) that banks and advocates have worked together to “deepen and widen financial inclusion”, but emphasised much more...
TalkMed shareholders approve Tamarind Health’s privatisation offer
[SINGAPORE] Shareholders of TalkMed on Tuesday (Jul 15) approved a proposed privatisation offer from Tamarind Health.Ninety-eight shareholders, representing 89.1 per cent of those present and voting at an extraordinary...
US banking giants reap gains from dealmaking rebound
[NEW YORK] Large US banks expressed optimism about the investment banking outlook for the rest of the year after dealmaking rebounded in the second quarter, as they reported in...
US dollar gains on yen after consumer price data
[TOKYO] The US dollar gained against the Japanese yen and was little changed against the euro on Tuesday (Jul 15) in choppy trading, after data showed US consumer price...
Standard Chartered launches Bitcoin, Ether spot trading for institutional clients
The lender is the first global systemically important bank to offer such crypto servicesPublished Tue, Jul 15, 2025 · 07:40 PM[HONG KONG] Standard Chartered will allow institutional clients to...
UOL prices S$225 million notes due 2032 at 2.78%
This comes after the property developer previously priced S$75 million notes at the same rate on Jul 9[SINGAPORE] UOL’s unit UOL Treasury Services (UTS), a special purpose entity, has...
SIA, Scoot passenger traffic up 4.5% in June on strong travel demand
[SINGAPORE] Singapore Airlines (SIA) and its low-cost arm Scoot reported a 4.5 per cent year-on-year increase in passenger traffic in June, the group’s operating results showed on Tuesday (Jul...
Nissan to halt production at Japanese plant at Oppama
[TOKYO] Struggling auto giant Nissan said on Tuesday (Jul 15) it will stop production at its plant at Oppama in Japan at the end of its 2027 fiscal year.Nissan...
Beyond missing pets and packages: How Nextdoor plans to reshape its social network
Nextdoor, the once-hot social network for neighborhoods, wants to claw its way back to the top and prove that people can use the platform for more than just finding...
Volvo takes US$1.2 billion charge over tariffs and EV model delays
Volvo is also struggling to attract EV buyers in the highly competitive Chinese marketPublished Tue, Jul 15, 2025 · 04:46 PM[STOCKHOLM] Volvo Car is taking a one-time non-cash impairment...
Ericsson’s Q2 profit beats expectations, says North America growth was good
Operating profit excluding restructuring charges was 7.0 billion crowns against a year-earlier loss of 11.9 billionPublished Tue, Jul 15, 2025 · 03:06 PM[STOCKHOLM] Swedish telecom equipment maker Ericsson reported...