News
Societe Generale becomes first major bank to launch dollar-pegged stablecoin
[PARIS] France’s Societe Generale said on Tuesday (Jun 10) it plans to launch a publicly tradable, dollar-backed stablecoin through its digital asset subsidiary, making it the first major bank...
Australia regulator trials faster IPO process as listings hit decade low
[SYDNEY] Australia’s securities regulator said on Tuesday (Jun 10) it would trial changes to speed up initial public offerings that are at a decade low by implementing recommendations from...
Thai tech services outlook remains positive amid recession fears: Analyst
[SINGAPORE] Maybank Securities has sounded a positive note for the outlook for the Thailand technology services sector, on the back of support from the banks and government. In a...
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
[SINGAPORE] DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a stronger and more...
Bank of Japan vows to keep raising rates if underlying inflation accelerates
Published Tue, Jun 10, 2025 · 10:57 AM[TOKYO] Bank of Japan Governor Kazuo Ueda on Tuesday stressed anew the central bank’s readiness to keep raising interest rates if underlying...
Huawei chips are one generation behind US but firm is finding workarounds: CEO
Published Tue, Jun 10, 2025 · 10:00 AM[BEIJING] Huawei Technologies’ chips are one generation behind those of US peers but the firm is finding ways to improve performance through...
New Zealand finance minister would like RBNZ to return to eight meetings a year
Published Tue, Jun 10, 2025 · 06:53 AM[WELLINGTON] New Zealand’s Finance Minister Nicola Willis said on Tuesday that she would like New Zealand’s central bank monetary policy committee to...
US: Stocks end mostly up as markets eye trade talks
Published Tue, Jun 10, 2025 · 06:11 AM[NEW YORK] Wall Street stocks edged higher on Monday as US and Chinese representatives held high-stakes trade talks and markets looked ahead to key economic...
Warner Bros plans to split streaming, cable TV businesses
[NEW YORK] Warner Bros Discovery is splitting itself into two publicly traded companies, one with its HBO Max streaming service, film and television business, and the other with its...
US: Wall Street opens higher as US-China trade talks begin
Published Mon, Jun 9, 2025 · 09:44 PMWALL Street’s main indexes opened higher on Monday as investors watched a fresh round of negotiations between the United States and China...
Kim Heng inks deal with Singapore Energy Interconnections on submarine power projects
This comes after Singapore Energy Interconnections’ other project to enable low-carbon electricity imports from Indonesia to Singapore[SINGAPORE] Offshore marine services contractor Kim Heng has inked an agreement with a...
