News
Frasers Centrepoint Trust to sell White Sands mall for S$467 million
[SINGAPORE] Frasers Centrepoint Trust (FCT) is divesting White Sands mall for S$467 million, which represents an 8.4 per cent premium over an independent valuation as at May 31, 2026,...
Consortium including Visa, Mastercard jointly launch new global stablecoin
It is aimed at increasing the usage of the digital tokens worldwide by addressing hurdles that businesses face in scaling stablecoin adoptionPublished Wed, Jul 1, 2026 · 12:04 AMA...
Wall St subdued at open on final trading day of strong quarter
Published Tue, Jun 30, 2026 · 09:44 PM[NEW YORK] Wall Street’s main indexes opened flat on Tuesday (Jun 30), the final trading day of a quarter that saw equities...
Jumbo Group unit in JV to bring Chinese quick-service restaurant Lausanjee to Singapore
The subsidiary will have a 49% shareholding interest in the joint venture company[SINGAPORE] A wholly owned subsidiary of seafood restaurant operator Jumbo Group and China’s Laoxiangji Holdings have agreed...
Bank of England’s Breeden warns AI agents risk triggering market meltdowns
Published Tue, Jun 30, 2026 · 08:33 PMAUTONOMOUS artificial intelligence agents risk causing “market meltdown” and may need tighter regulation, Bank of England Deputy Governor Sarah Breeden warned.Speaking in...
US dollar depreciation leaves Apac with slowest wealth growth in 2025: UBS
Currency effects have dragged the region’s share of global wealth, though it remains a long-term growth driver[SINGAPORE] The Asia-Pacific recorded the slowest growth in personal wealth in 2025, as...
Parkway Life Reit sells Japan nursing home for US$7.2 million
Amount is about 38% higher than what it paid 18 years ago, and 5% above the latest valuation[SINGAPORE] Parkway Life Real Estate Investment Trust has divested a Japan nursing...
EGP Energy Corporation lodges preliminary prospectus for mainboard IPO
The electrical infrastructure service provider has not disclosed the size of the offering nor listing date[SINGAPORE] Electrical infrastructure solutions and service provider EGP Energy Corporation on Tuesday (Jun 30)...
Europe’s Stoxx 600 on track for biggest quarterly gain in over five years on AI boost
Technology stocks rose 1.7 per cent and were set for their strongest quarterly gain since October 2001Published Tue, Jun 30, 2026 · 04:55 PMEUROPEAN shares opened higher on Tuesday (Jun 30)...
Japan’s Nikkei clocks best quarter on record on tech rebound
Published Tue, Jun 30, 2026 · 03:58 PM[TOKYO] Japan’s Nikkei share average climbed on Tuesday (Jun 30), powered by a rebound in technology stocks that have helped drive the...
