News
SpaceX set to vault past Amazon in market value as shares extend IPO surge
Published Tue, Jun 16, 2026 · 08:17 PMSHARES of Elon Musk’s SpaceX extended a post-IPO rally and rose more than 8 per cent in premarket trading on Tuesday, putting...
SpaceX vaults past Amazon’s market value as options listing fuels surge
Published Tue, Jun 16, 2026 · 08:17 PM — Updated Wed, Jun 17, 2026 · 07:35 AM[BENGALURU] SpaceX roared past Amazon’s market valuation on Tuesday (Jun 16) and briefly...
Singapore shares rise on Tuesday; STI up 0.8%
Published Tue, Jun 16, 2026 · 06:53 PM[SINGAPORE] Singapore stocks ended higher on Tuesday (Jun 16).The benchmark Straits Times Index (STI) gained 0.8 per cent or 39.57 points to...
AI splitting job market in two: PwC study
In another study, about 49 per cent of CEOs said they expected AI adoption to reduce junior hiring over the next three yearsPublished Tue, Jun 16, 2026 · 06:42...
Germany rejects UniCredit’s 39 billion euro Commerzbank offer
The government backs the bank’s independence and opposes the Italian lender’s ‘aggressive approach’ Published Tue, Jun 16, 2026 · 04:45 PM[FRANKFURT] Germany rejected UniCredit’s takeover bid for Commerzbank and said...
European shares inch up as investors assess US-Iran agreement
Published Tue, Jun 16, 2026 · 04:04 PMEUROPEAN shares inched up at open on Tuesday (Jun 16), following a rally in the previous session, as investors assessed the preliminary agreement...
Can ST Engineering aspire to challenge DBS to be king of the local bourse?
Growing leading companies outside the banking sector will make the local stock market more vibrant[SINGAPORE] Unsurprisingly, Singapore’s largest group by market capitalisation is a bank – DBS . Having...
Australia’s central bank warns rate hikes might not be over after holding fire
Published Tue, Jun 16, 2026 · 01:46 PM[SYDNEY] Australia’s central bank held its cash rate steady at 4.35 per cent on Tuesday (Jun 16), saying the economy was slowing...
Japan’s Nikkei hits record high, yen steady after BOJ hikes rates as expected
Published Tue, Jun 16, 2026 · 12:50 PM[TOKYO] Japan’s Nikkei share average rose to a record high on Tuesday (Jun 16) after the Bank of Japan (BOJ) raised interest...
South-east Asia’s green power investments hit new high of US$17 billion in 2025: IEA
But coal is growing more dominant, accounting for nearly half of power generation in 2024[SINGAPORE] South-east Asia invested US$17 billion in renewable energy last year, marking a new high...
