News
Investigators search Deutsche Bank headquarters over legacy tax trades
It marks the third time that prosecutors are known to have searched Deutsche Bank this yearPublished Wed, Jul 22, 2026 · 10:30 PM[FRANKFURT] German prosecutors searched Deutsche Bank’s Frankfurt...
MLT to divest China warehouses valued at US$107 million to interested party, Changi South property for S$16.6 million
The moves are in line with its continued portfolio rejuvenation efforts, says its manager[SINGAPORE] Mapletree Logistics Trust (MLT) has entered into agreements for the divestment of two China warehouses...
Yen steadies near 40-year low on rate-hike bets, intervention talks
Japan says it will take decisive action if needed to curb excessive currency weaknessPublished Wed, Jul 22, 2026 · 08:40 PM[BENGALURU/SINGAPORE] The yen recovered slightly from its weakest level...
They built AI. Now Silicon Valley workers protest its threat to jobs and humanity
Silicon Valley residents are increasingly trying to stop the advance of artificial intelligence, even as the region attracts hundreds of billions of dollars in investment to expand the technology’s...
CAAS investing S$4 billion to double flight capacity ahead of T5 opening
AI and tech-led roll-out will expand Changi’s air traffic limits and add 200 controllers[SINGAPORE] Singapore will inject S$4 billion into its air navigation capabilities over the next 15 years,...
Andy Burnham’s new Cabinet reflects his focus on UK economic growth
A sweeping overhaul signals a new financial direction for the country, but markets remain cautious[LONDON] Andy Burnham assumed the role of the UK’s new prime minister on Monday (Jul...
One in three plug-in hybrid cars sold in Europe is now Chinese
Chinese automakers are pushing sales of plug-in hybrids ahead of any potential additional EU tariffsPublished Wed, Jul 22, 2026 · 03:17 PM[BRUSSELS] Chinese car brands snapped up more than...
Cathay Pacific sees strong profit growth despite elevated fuel prices
It has been one of the biggest beneficiaries of Middle East travel disruptions as passengers rerouted and chose alternative airlines Published Wed, Jul 22, 2026 · 01:12 PMCATHAY Pacific Airways...
Cathay Pacific flags stronger first-half profit on travel, cargo demand
Its underlying performance was driven by solid demand across both its passenger and cargo operations Published Wed, Jul 22, 2026 · 01:12 PM — Updated Wed, Jul 22, 2026 ·...
Inflation remains top concern for Australians: RBA survey
The RBA raised rates at its first three meetings of the year to 4.35% to tackle renewed inflation pressuresPublished Wed, Jul 22, 2026 · 12:27 PMAUSTRALIA’S central bank said...
