News

JPMorgan tells fintechs to pay up for customer data access
[NEW YORK] JPMorgan Chase has told financial-technology companies that it will start charging fees amounting to hundreds of millions of dollars for access to their customers’ bank account information...
Oracle to advance Indonesia cloud services plan
It will lease DayOne’s data centres located at Nongsa Digital Park on the Indonesian island of BatamPublished Sun, Jul 13, 2025 · 02:51 PM[JAKARTA] Oracle will partner with DayOne...
Industrials take sector lead in 2025 net institutional inflow
Over the five trading sessions from Jul 4 to 10, institutions were net buyers of Singapore stocks, with net institutional inflow of S$94 million adding to the S$184 million...
NTT DC Reit IPO on Jul 14 broadens AI-related opportunities on SGX
[singapore] NTT DC Reit’s mega listing, which marks one of Asia’s largest data centre Reit initial public offerings (IPOs), broadens the opportunities for investors to gain exposure to assets...
Kraft Heinz explores grocery business spinoff worth up to US$20 billion: source
[Bengaluru] Kraft Heinz is studying a potential spinoff of a large chunk of its grocery business, including many Kraft products, into a new entity that could be valued at...
Trump’s 50% copper import tariff said to cover refined metal
Published Sat, Jul 12, 2025 · 09:13 AM[NEW YORK] US President Donald Trump’s promised 50 per cent copper tariffs are set to include all refined metal, indicating the president’s...
Oil rises over 2% as investors weigh market outlook, tariffs, sanctions
[NEW YORK] Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was tighter than it appears, while US...
NTT DC Reit’s Singapore public offer 9.8 times oversubscribed
It has received applications for 294.8 million units compared to the 30 million available in public tranche of IPO[SINGAPORE] The manager of NTT DC Reit (real estate investment trust)...
US: Wall St opens lower amid Trump’s fresh tariff salvo on Canada
Published Fri, Jul 11, 2025 · 09:43 PM[NEW YORK] Wall Street’s main indexes opened lower on Friday (Jul 11) as President Donald Trump cranked up his tariff assault on...
Creative Technology warns H2 revenue may be below target, with operating loss similar to that in H1
It says US tariffs and global trade tensions weakened consumer sentiment, which dragged on revenue[SINGAPORE] Creative Technology said that revenue for its second half of the financial year ended...
Indonesia detains Trafigura employee in US$17 billion graft case
[JAKARTA] Indonesia has detained an employee of Trafigura Group along with seven other suspects in a case involving oil procurement by state-owned PT Pertamina, widening one of the nation’s...
MAS, PBOC to deepen collaboration in green and transition finance
[SINGAPORE] The central banks of Singapore and China reaffirmed their commitment to push on with their cooperation in green and transition finance. At the third Singapore-China Green Finance Taskforce...