News
Best performing S-Reits post double-digit total returns in H1
[SINGAPORE] The S-Reit sector delivered a stable performance in the first half of 2025, with the iEdge S-Reit index gaining 0.6 per cent to 1,010.73 as at Thursday (Jun...
OpenAI turns to Google’s AI chips to power its products: source
Published Sun, Jun 29, 2025 · 08:00 AM[SAN FRANCISCO] OpenAI recently began renting Google’s artificial intelligence (AI) chips to power ChatGPT and its other products, a source close to...
Europe: Stocks rise as US-China trade tensions ease; auto stocks jump
[BENGALURU] European stocks closed at an over one-week high on Friday (Jun 27), fuelled by a rally in automakers, as investors took more risks on hopes for a truce...
OCBC trims 360 Account interest rates for the second time in 2025
[SINGAPORE] OCBC will cut interest rates for its 360 Account, in line with lower interest rate expectations. With effect from Aug 1, the maximum interest rate of the local...
Sygnum is sole new unicorn from South-east Asia in H1 2025: Tracxn report
[SINGAPORE] Digital asset group Sygnum has emerged as the sole new unicorn from South-east Asia in the first half of 2025, data platform Tracxn said in a report released...
Mystery US$33 billion Chinese medicine fortune collapses in days
[HONG KONG] When Yat-Gai Au was worth US$33 billion on paper, he was not in his Hong Kong office.
One week later, when his net worth plunged to US$10.1 billion,...
Japan private-sector rice imports soar in May
Published Fri, Jun 27, 2025 · 03:55 PM[TOKYO] Japan’s private-sector rice imports rocketed higher in May as the country grapples with supply shortages that have become a major headache...
Japan’s NTT lodges listing prospectus for Reit, set to be Singapore’s largest IPO in four years
[SINGAPORE] Japanese telco Nippon Telegraph and Telephone (NTT) is spinning off some of its data centres into a Singapore-listed real estate investment trust, or S-Reit, marking what is likely...
Bumper orders for Xiaomi‘s new SUV heighten threat to Tesla
[SHANGHAI] Exceptionally strong initial orders for Xiaomi‘s YU7 electric sport utility vehicle sent shares in the automotive newcomer to a record high on Friday and fanned speculation that Tesla may...
Masayoshi Son hints at succession plan while chasing AI ambition
[TOKYO] Masayoshi Son acknowledged the outlines of a succession plan, addressing what may be the single biggest concern among investors, and name-checked the head of SoftBank Group’s telecom unit...
