News

Starbucks draws interest for controlling stake in China unit
[HONG KONG] Starbucks has received proposals from prospective investors in its China business, most of whom are eyeing a controlling stake in the operation, said sources familiar with the...
Boeing delivers most jets in 18 months with boost from China
The US manufacturer has begun to make progress in returning its factories to a steadier tempoPublished Wed, Jul 9, 2025 · 06:53 AM[LOS ANGELES] Boeing said it delivered 60...
Europe: Shares rise on energy, healthcare boost; tariff uncertainty lingers
EUROPEAN shares ended higher on Tuesday, boosted by healthcare and energy shares while investors assessed the latest phase of US President Donald Trump’s tariff rollouts, which included a new deadline...
Investors should be excited about Singapore’s biggest Reit IPO in a decade – but not too excited
[SINGAPORE] Japanese telco Nippon Telegraph and Telephone’s (NTT) NTT DC Reit is stirring up some excitement in Singapore’s floundering equities market. The real estate investment trust (Reit), which launched...
New York City casinos could become world’s biggest, bidders predict
[NEW YORK] Bidders for three New York City-area casino licences are projecting revenue that would place them among the most lucrative resorts in the world, according to an analysis...
Londoners could face water limits due to dry weather
Published Tue, Jul 8, 2025 · 09:09 PM[LONDON] Hot, dry weather in London and surrounding areas means water usage might have to be restricted for Thames Water’s 16 million...
This entrepreneur spots celebrity deepfakes. Can he help average Joes too?
Celebrities are all too familiar with the world of deepfakes, the colloquial term for artificial intelligence-generated videos that depict actors and other Hollywood talent falsely doing or saying things...
Temasek’s Mapletree Investments eyes expansion in data centres, logistics and student housing
[SINGAPORE] Temasek’s Mapletree Investments said it will look at opportunities to expand and diversify its footprint in data centres, logistics and student housing, three of its four core sectors....
Fewer courses, higher stakes: What golf’s shrinking footprint means for Singapore’s players and clubs
[SINGAPORE] The announcement this week that the government will not renew the leases for six golf courses in Singapore could lead to an increase in club membership prices over...
China car sales jump in June but EV price war concerns intensify
[BEIJING] China’s car sales rose in June for the fifth straight month, but reports by some major electric vehicle makers of easing demand raised concerns about intensifying competition in...
India’s small traders lose US$12 billion in equity derivatives
Mom-and-pop traders lost a combined US$33 billion over the four years through MarchPublished Tue, Jul 8, 2025 · 03:33 PM[MUMBAI] Individuals in India lost over US$12 billion trading equity...
Great Eastern set to resume trading after delisting vote fails
[SINGAPORE] Great Eastern Holdings is set to resume trading after a vote for a delisting resolution fell through at its extraordinary general meeting (EGM) on Tuesday (Jul 8). Some 63.49...