News
Toyota chairman to face scrutiny over US$33 billion deal at shareholder meeting
[TOYOTA CITY, Japan] Toyota Motor Chairman Akio Toyoda is likely to face scrutiny over a US$33 billion take-private deal of a key supplier when shareholders assemble for the Japanese...
Nvidia marks Paris tech fair with Europe AI push
[PARIS] Drawing high-powered tech CEOs and a presidential visit, the Vivatech trade fair opened in Paris on Wednesday with a bang as Nvidia boss Jensen Huang announced a major push into...
US: S&P 500, Nasdaq open near record levels after May inflation data
Published Wed, Jun 11, 2025 · 09:42 PM[NEW YORK] The S&P 500 and Nasdaq opened near record levels on Wednesday (Jun 11), as a cooler-than-expected inflation report calmed concerns...
Haidilao operator Super Hi swings to US$11.9 million Q1 profit on forex gains, delivery growth
[SINGAPORE] Super Hi International, the operator of Haidilao’s international business, posted a net profit of US$11.9 million for the first quarter ended Mar 31, reversing a net loss of US$4.5...
‘Ridiculous and frustrating’: Jetstar Asia staff blindsided by same-day layoff notice
[SINGAPORE] Jetstar Asia employees were only informed of their retrenchment at 7 am on Wednesday (Jun 11) – the same morning the public announcement went out.“It was unexpected –...
India’s central bank to use cash reserve ratio as active liquidity tool
[MUMBAI] India’s central bank plans to use the cash reserve ratio (CRR) more frequently to manage liquidity and aid policy transmission, rather than deploying it only during extreme cash...
Huawei launches Pura 80 smartphone series in next step of China comeback
The latest flagship launch demonstrates the Chinese tech giant’s continued efforts to reclaim the top spot in its home market despite ongoing US sanctionsPublished Wed, Jun 11, 2025 ·...
Centurion shares hit all-time high on submission to list Reit on SGX
This is the highest price its shares have risen to since they started trading in 1995[SINGAPORE] Shares of Centurion rose on Wednesday (Jun 11) afternoon after the company announced...
Chinese automakers pledge to make payments to suppliers within 60 days
Published Wed, Jun 11, 2025 · 12:45 PM[SHANGHAI] Most Chinese automakers have pledged to make payments to suppliers within 60 days, responding to regulatory pressure that followed a recent...
Asia: Equities rally after China-US framework on trade
[HONG KONG] Asian stocks rose on Wednesday as investors welcomed a China-US agreement to lower trade tensions that stoked hopes the economic superpowers will eventually reach a broader tariff...
Tesla’s public robotaxi rides set for tentative June 22 start: CEO Musk
[SAN FRANCISCO] Tesla tentatively plans to begin offering rides on its self-driving robotaxis to the public on June 22, CEO Elon Musk said on Tuesday, as investors and fans...
Stocks to watch: Keppel Infrastructure Trust, Raffles Medical, Amara, Koh Brothers Eco Engineering, SIA
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 11): Keppel Infrastructure Trust (KIT): Its manager is divesting a 24.6 per cent...