News

Fu Yu’s independent directors resign, leaving the CEO as the only director
[SINGAPORE] All of Fu Yu Corporation’s independent directors have resigned, indicated bourse announcements on Sunday (Jun 15).Independent directors Royston Tan and non-executive chairman Christopher Huang have resigned due to...
BT boss Kirkby expects AI to deepen job cuts, FT reports
Published Sun, Jun 15, 2025 · 05:43 PMBT Group chief executive Allison Kirkby said advances in artificial intelligence (AI) could deepen significant job cuts under way at the British...
Taiwan imposes technology export controls on Huawei, SMIC
Taiwan has blacklisted Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC), dealing another major blow to the two companies spearheading China’s efforts to develop cutting-edge AI chip technologies.Taiwan’s International...
Oil market, long numb to war risk, confronts weekend of worry
The past two years of escalating tensions in the Middle East have taught oil traders to be sanguine about the risk of disruption to oil supplies.The barrage of headlines...
Diversified S-Reits’ operating performance remains resilient amid market uncertainties
[SINGAPORE] Diversified real estate investment trusts (Reits) hold a mixture of assets across multiple sub-sectors such as industrial, retail, office and hospitality, offering investors the prospect of portfolio stability...
Boeing resumes China deliveries with 787-9 jet to Juneyao Airlines, Yicai reported
Published Sat, Jun 14, 2025 · 01:05 PM[BEIJING/HONG KONG] Boeing delivered a new 787-9 aircraft to China’s Juneyao Airlines on Saturday (Jun 14), Chinese media outlet Yicai reported, as...
US: Stocks fall as investors pare risk on Middle East clash
Published Sat, Jun 14, 2025 · 06:03 AM[NEW YORK] Wall Street stocks finished sharply lower Friday (Jun 13) as Iran launched counterstrikes in response to an Israeli siege, leaving...
Oil settles up 7% as Israel, Iran trade air strikes
[HOUSTON] Oil prices jumped on Friday (Jun 13) and settled 7 per cent higher as Israel and Iran traded air strikes, feeding investor worries that the combat could widely...
Thakral associate GemLife inks underwriting agreement for Australian IPO launching ‘very shortly’ 
The company holds an effective interest of 31.7 per cent in GemLife, a lifestyle resorts business in Australia[SINGAPORE] Mainboard-listed Thakral Corp’s associate GemLife has signed an underwriting agreement for...
Emirates to hire 5,000 cabin crew amid expansion drive
[SINGAPORE] Dubai’s Emirates airline is looking to hire 5,000 new cabin crew globally this year, with a recruitment roadshow set in Singapore next week, as the group embarks on...
Chinese firms may join group seeking to buy Li Ka-shing’s ports: sources
[HONG KONG] China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing’s global ports, according to people...
Middle East tensions hit Asian and Asean markets; oil and gold prices spike
[SINGAPORE] A wave of geopolitical panic swept across Asian markets on Friday (Jun 13), after Israel launched strikes on Iran’s nuclear and military infrastructure, stoking fears of a wider...