News

Growing oil glut spurs Asian refiners to offer cargoes to the US
Published Tue, Jun 30, 2026 · 02:10 PM[SINGAPORE] Oil output from Persian Gulf nations is ramping up so quickly as the Strait of Hormuz reopens that Asian refiners, already...
Logistics solutions provider All-Link Air & Sea files preliminary prospectus for mainboard IPO
It plans to expand in South-east Asia; Vietnam, Thailand identified as key growth markets[SINGAPORE] Logistics solutions provider All-Link Air & Sea on Tuesday (Jun 30) lodged a preliminary prospectus...
Adani Ports to sell 49% stake in Indian port to Swiss shipping giant MSC for US$1.4 billion
Published Tue, Jun 30, 2026 · 12:01 PM[BENGALURU] India’s Adani Ports and Special Economic Zone said on Tuesday (Jun 30) that Switzerland’s MSC Group will acquire a 49 per...
Singtel CEO’s pay falls 17% to S$6.8 million in FY2026 on Optus incident and Singapore outages
The remuneration of other key executives, excluding the CEO, also fell 11.9 per cent[SINGAPORE] Singtel CEO Yuen Kuan Moon had his pay slashed 16.9 per cent to S$6.8 million...
Asian stocks erase gains, yen hits 40-year low
The MSCI Asia Pacific Index fell 0.2% as chipmakers such as Samsung Electronics and SK Hynix declinedPublished Tue, Jun 30, 2026 · 09:49 AMASIAN equities erased earlier gains as...
Amazon sued by Australian consumer watchdog over Prime Video ads
Beyond annual service fees, subscribers had to pay extra monthly fees to avoid ads, the authority saysPublished Tue, Jun 30, 2026 · 08:57 AM[SYDNEY] Amazon has been sued by...
Gold drops as traders watch Iran tensions for inflation outlook
Published Tue, Jun 30, 2026 · 08:04 AM[NEW YORK] Gold fell as the US and Iran agreed to stop attacking each other, following tit-for-tat strikes that tested a fragile...
Oil settles up on US-Iran strikes; cautious hopes for shipping cap gains
Published Tue, Jun 30, 2026 · 06:53 AM[HOUSTON] Oil prices settled up more than 1 per cent on Monday (Jun 29) after attacks by the US and Iran underscored...
US Supreme Court rejects Trump’s unprecedented bid to fire Fed’s Cook
[WASHINGTON] The US Supreme Court refused on Monday to let Donald Trump fire Federal Reserve Governor Lisa Cook as it stood firm to preserve the central bank’s cherished independence...
Wall Street indexes climb as US, Iran halt attacks; Comcast surges on spin-off plan
Published Mon, Jun 29, 2026 · 10:42 PMWALL Street’s main indexes gained on Monday (Jun 29) as easing tensions in the Middle East lifted sentiment following recent hostilities between...
Comcast to split cable business from media in NBCUniversal, Sky spinoff
Published Mon, Jun 29, 2026 · 09:04 PMCOMCAST will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media...
Middle East producers push on with oil and LNG loadings despite ship attacks
Published Mon, Jun 29, 2026 · 08:10 PM[SINGAPORE] Middle East producers are pushing ahead with oil and liquefied natural gas loading despite fresh ship attacks in the Strait of...