News

Prime US Reit signs 120,000 sq ft lease at Waterfront at Washingtonian in Gaithersburg, Maryland
[SINGAPORE] The manager of Prime US real estate investment trust (Reit) announced on Thursday (Jul 10) that it signed a new 11-year lease of minimum 120,000 square feet (sq...
Prime US Reit signs 120,000 sq ft lease at Class A office tower in Maryland
[SINGAPORE] The manager of Prime US real estate investment trust (Reit) announced on Thursday (Jul 10) that it signed a new 11-year lease of minimum 120,000 square feet (sq...
Australia takes another step toward a central bank digital currency
Published Thu, Jul 10, 2025 · 08:29 AM[SYDNEY] Australia’s central bank said on Thursday it was taking another major step toward a wholesale central bank digital currency (CBDC) with...
Samsung’s bet on foldable phones faces major test with slimmer new model
[SEOUL] Samsung Electronics on Wednesday unveiled thinner, lighter new foldable phones as it aims to fend off Chinese competition in the higher-margin, premium segment that remains untapped by arch rival Apple.The...
Opec bars five leading news organisations from oil conference
[LONDON] Organization of the Petroleum Exporting Countries (Opec) has excluded five of the world’s leading news organisations from covering its biennial oil seminar in Vienna, attended by the group’s...
Oil steady on strong petrol demand, Red Sea attacks while Trump tariffs loom
[HOUSTON] Oil prices were steady on Wednesday as investors weighed strong US petrol demand data and attacks on shipping in the Red Sea, while US copper tariffs loomed.Brent crude futures settled...
US Fed minutes show committee split around inflation worries
[WASHINGTON] The emerging divide among US Federal Reserve officials over the outlook for interest rates is being driven largely by differing expectations for how tariffs might affect inflation, a...
Linda Yaccarino to step down as CEO of Elon Musk’s social media site X
Linda Yaccarino, the chief executive of social media site X, said Wednesday that she’s stepping down from her role after two years at the company.“When @elonmusk and I first...
US: Wall Street opens higher as markets await trade talks
Published Wed, Jul 9, 2025 · 09:48 PM[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Jul 9), as investors shrugged off President Donald Trump’s aggressive tariff moves...
SGX securities turnover up 23% in June, bringing financial year’s gain to 28%
[SINGAPORE] The operator of the local stock market reported gains in the trading value and volumes of its key products in June, which contributed to the Singapore Exchange (SGX)...
Australia’s Telstra to axe 550 roles in enterprise business overhaul
Published Wed, Jul 9, 2025 · 07:42 PM[SYDNEY] Telstra Group, Australia’s top telecom operator, said on Wednesday (Jul 9) that it plans to lay off 550 employees as part...
Soilbuild Construction signs new contracts totalling S$178.6 million
The builder says the deals enhance revenue visibility and took its order book to around S$1.21 billion as at end-May[SINGAPORE] Soilbuild Construction said it has secured new contracts with...