News
Oil gains on supply concerns as wildfires disrupt Canada supply, Opec+ keeps output plans unchanged
[NEW YORK] Oil prices climbed nearly 3 per cent on Monday on supply concerns as producer group Opec+ decided not to accelerate plans to hike output and wildfires in Canada’s oil-producing province...
US: Stocks end higher as traders shake off trade tensions
Published Tue, Jun 3, 2025 · 06:13 AM[WASHINGTON] US stocks shook off a gloomy start to the week to close higher on Monday, with traders looking through the new trade uncertainty...
Google to spend US$500 million revamping compliance in shareholder settlement
[NEW YORK] Google agreed to spend US$500 million over 10 years to overhaul its compliance structure, to settle shareholder litigation accusing the search engine company of antitrust violations, settlement...
Singapore shares fall after Trump vows to double steel tariffs; STI down 0.1%
[SINGAPORE] Shares on the Singapore bourse ended lower on Monday (Jun 2), after US President Donald Trump said last week that he would double tariffs on steel and aluminium...
Tesla not keen on local production in India, minister says
[NEW DELHI] Tesla does not want to produce cars in India, a federal minister said on Monday (Jun 2) as the government finalised its electric vehicle policy, with the...
Azeus Systems shares surge 16.6% as earnings, dividends double
[SINGAPORE] Shares of Azeus Systems jumped as much as 16.6 per cent on Monday (Jun 2), after the company reported a surge in net profits.
The counter hit a...
Citigroup names Bank of America veteran Zhang as new China country head
Published Mon, Jun 2, 2025 · 01:50 PM[HONG KONG] Citigroup said on Monday (Jun 2) that it had appointed Zhang Wenjie as its new country officer and banking head...
ECB expected to cut rates again as Trump trade war rumbles on
[FRANKFURT] The European Central Bank (ECB) is expected to deliver its seventh-straight interest rate cut this week as US President Donald Trump’s volatile trade policies add to headwinds for...
BYD faces growing backlash over EV price war as May sales jump
[HONG KONG] BYD shares continued their plunge despite monthly sales climbing to the highest this year as the steep discounts the industry uses to entice buyers draws scrutiny from...
Grand Venture Tech shares up 11.9% on paused Malaysian listing amid potential share offer
None of the directors or substantial holders of GVT, or their associates, have interest in the matter[SINGAPORE] Grand Venture Technology (GVT) shares soared on Monday (Jun 2) morning after...
