News
Data centre operator DayOne raises US$4.5 billion in Series C funding
New investors include sovereign wealth fund Indonesia Investment Authority and Achi Capital Partners[SINGAPORE] Data centre operator DayOne announced on Friday (Jun 5) that it has raised US$4.5 billion in...
Chinese brokers pump US$5.6 billion offshore to fight Wall Street
Brokers are prioritising overseas growth to escape intensifying competition in the domestic marketPublished Fri, Jun 5, 2026 · 04:41 PM[BEIJING] Chinese brokerages are doubling down on international expansion with...
AllianzGI in exclusive talks to buy UOB Asset Management: sources
The details are being finalised on a transaction that could be valued at up to S$600 millionPublished Fri, Jun 5, 2026 · 03:41 PM[SINGAPORE] Allianz Global Investors is in...
Talent fight heats up in India finance hub as DBS, Standard Chartered chiefs quit
Published Fri, Jun 5, 2026 · 01:27 PM[MUMBAI] India’s international finance hub is facing intensifying competition for talent, with the local heads of two foreign lenders resigning in quick...
Anext Bank’s new CEO leverages CTO stint to grow SME lending by financing AI hardware
[SINGAPORE] It has been about one and a half years since Qiu Kai took over as chief executive of digital wholesale lender Anext Bank, stepping up from his previous...
Vingroup’s shares surge 1,000% to overtake regional heavyweights including Singtel and JD.com
Vingroup’s blistering rally has made it the biggest company within frontier markets, and one of the most expensive across AsiaPublished Fri, Jun 5, 2026 · 10:06 AM[HANOI/MUMBAI] Unexplained gains...
Qantas weighs order for 20 Boeing or Airbus wide-body jets, sources say
Singapore Airlines has opened discussions to buy at least 50 of the industry’s biggest jets, Reuters reported earlierPublished Fri, Jun 5, 2026 · 09:44 AM[PARIS] Qantas is in talks...
South Korean stocks slide as cracks emerge in world-beating rally
Retail investors, once key drivers, are showing less willingness to commit fresh cashPublished Fri, Jun 5, 2026 · 09:22 AM[SEOUL] South Korea’s US$4.9 trillion stock market is starting to...
Oil dips after Israel-Lebanon ceasefire even as clashes persist
Published Fri, Jun 5, 2026 · 06:21 AM[NEW YORK] Oil declined on hopes that the US and Iran are inching closer to a peace deal after a conditional ceasefire...
Bitcoin has longest losing streak since August in bruising week
The cryptocurrency has lost about half its value since hitting an all-time high above US$126,000 last OctoberPublished Thu, Jun 4, 2026 · 09:33 PM[NEW YORK] Bitcoin is poised for...
