News

Oil falls as Trump gives Russia 50 days to avoid new sanctions
[NEW YORK] Oil prices settled down on Monday by more than US$1, as investors weighed new threats from US President Donald Trump for sanctions on buyers of Russian oil that may affect global...
Zuckerberg says Meta will invest hundreds of billions in superintelligence
Published Mon, Jul 14, 2025 · 11:48 PM[SAN FRANCISCO] Mark Zuckerberg said on Monday (Jul 14) that Meta Platforms would spend hundreds of billions of US dollars on computing...
US: Wall Street opens mixed as investors digest fresh tariff threats
Published Mon, Jul 14, 2025 · 09:43 PMWALL Street’s main indexes opened mixed on Monday (Jul 14) as investors digested President Donald Trump’s latest tariff threats against the European...
BOJ finishes offloading bank stocks, bringing focus to ETFs
[TOKYO] The Bank of Japan (BOJ) finished selling millions of US dollars of stocks it bought from besieged banks during a domestic banking crisis in the early 2000s and...
Maritime, aviation sectors can learn from each other in tackling conflict risks, climate change: transport leaders
[SINGAPORE] The maritime and aviation sectors can work together to tackle shared global risks such as geopolitical conflict and climate change, said senior global transport officials on Monday (Jul...
Singapore shares hit new high; STI up 0.5%
Across the broader market, advancers beat decliners 315 to 191 after 1.5 billion securities worth S$1.4 billion change hands[SINGAPORE] The benchmark Straits Times Index (STI) notched a new high...
BYD aims to triple Saudi footprint after Tesla enters market
[RIYADH] Chinese automaker BYD plans to ramp up its expansion efforts in Saudi Arabia, building on momentum from Tesla’s launch in the country and capitalising on the kingdom’s push...
Centurion shares jump over 5% after confirmation of its student and worker accommodation Reit
[SINGAPORE] Shares of property management company Centurion Corporation surged as much as more than 5% on Monday (Jul 14), after it lifted the trading halt it had put in...
NTT DC Reit, SGX’s largest Reit listing in 10 years, closes flat on debut
[SINGAPORE] Units of NTT DC Real Estate Investment Trust (Reit) ended flat on its debut on Monday (Jul 14). Units of the Reit inched up 3 per cent or...
Jane Street deposits US$567 million so it can resume India trading
The company has told its staff it plans to contest Sebi’s allegations and that the practices in question were “basic index arbitrage trading”Published Mon, Jul 14, 2025 · 01:48...
Bank of Japan likely to consider raising inflation forecast: sources
The central bank will update its quarterly outlook report at the end of its meeting on Jul 31Published Mon, Jul 14, 2025 · 01:27 PM[TOKYO] Bank of Japan (BOJ)...
China banks stoke controversy with loans to boost pensions
[BEIJING] Rural banks in China have created a public stir by targeting low-income earners and the elderly with loan products designed to plug their pension shortfalls as lenders get...