News

US tells ASML it’s concerned one of its chipmaking tools may be in China
Published Fri, Jun 19, 2026 · 01:40 PM[BENGALURU] US Commerce Secretary Howard Lutnick has told ASML that Washington is concerned that one of its top chipmaking machines may have...
KPMG Australia spars with lawmakers amid probe into scandal
Persistent consulting scandals prompt questions over lack of tighter government lawsPublished Fri, Jun 19, 2026 · 10:59 AM[CANBERRA] KPMG Australia executives clashed with lawmakers on Friday as a parliamentary...
Lum Chang Creations to raise up to S$26.6 million via proposed share placement
The move is aimed at increasing the public float as it prepares to transfer its listing to the Catalist board[SINGAPORE] Lum Chang Creations is planning to launch a placement...
SpaceX shares end first week of trading up 37% from IPO price
Volatility is likely to continue as investors weigh lofty expectations for future revenue growth without a clear path to achieving themPublished Fri, Jun 19, 2026 · 08:29 AMSPACEX stock...
How to ride the iEdge Singapore Next 50 indices as momentum wanes
After a broad rerating in 2025, investors may now have to dig deep among smaller-cap stocks for strong returnsJUDGING from the headline performance of the iEdge Singapore Next 50...
CSE Global’s share slide over boardroom clash overblown: analysts
The company’s shares are recovering after plunging in the wake of its lead independent director’s resignation[SINGAPORE] Analysts expect the recent volatility in CSE Global’s share price to stabilise, now...
Oil falls as supply moves through Strait of Hormuz after Iran war pact
Published Fri, Jun 19, 2026 · 06:22 AM — Updated Fri, Jun 19, 2026 · 12:45 PM[NEW DELHI] Oil prices fell on Friday (Jun 19) as prospects brightened for...
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Growing up the son of a steel labourer taught Khor the value of hard work and dignity, which he applies to the business todayThe strategies and stories that shape...
BMW ‘on right track’, chairman says as profit warning hits shares
The automaker’s shares fell further on Thursday, hitting their lowest levels since November 2, 2020Published Thu, Jun 18, 2026 · 11:20 PM[PARIS] BMW is “on the right track” with...
Wall St opens higher as Iran deal optimism offsets hawkish Fed
Published Thu, Jun 18, 2026 · 09:42 PM[NEW YORK] Wall Street’s major indexes advanced on Thursday (Jun 18) with technology shares leading gains as optimism about a Middle East...
Blackstone’s AirTrunk seeks A$4.3 billion loan for Sydney data centre project
Published Thu, Jun 18, 2026 · 05:09 PM[SYDNEY] AirTrunk, a data-centre operator backed by Blackstone, is in talks with banks for a A$4.3 billion (S$3.9 billion) loan to back...
Evonik to cut 3,200 jobs worldwide by 2029, as it extends restructuring programme
Published Thu, Jun 18, 2026 · 04:44 PMEVONIK Industries will cut 3,200 jobs worldwide by the end of 2029, including 2,150 positions in Germany, the German chemicals group said...