News

Yen climbs as Japan lures pension funds into domestic assets
Published Fri, Jul 10, 2026 · 08:44 PM[LONDON/SINGAPORE] The yen bounced on Friday (Jul 10) on news that Japan plans to encourage pension funds to increase their holdings of...
Suntec Reit appoints Celine Tang as board chairman, non-executive director
She will also be appointed to the board’s nominating and remuneration committee[SINGAPORE] Property tycoon Celine Tang has been appointed as chairman and non-executive director to the board of Suntec...
Singapore stocks rise as banks hit new highs; STI up 0.7%
Published Fri, Jul 10, 2026 · 06:00 PM[SINGAPORE] Singapore stocks ended higher on Friday (Jul 10).The benchmark Straits Times Index (STI) gained 0.7 per cent or 35.41 points to...
Even in the heart of L.A., they still rely on old-fashioned landlines and don’t want to lose them
Living high up in the Hollywood Hills, Peter and Nanci Ellis think of their landline as a lifeline.Most days, cellphone service in their Los Feliz Oaks home near Griffith...
BOJ may raise growth forecast, maintain vigilance to inflation risk
It’s due to release its quarterly report, including fresh growth and price forecasts, this monthPublished Fri, Jul 10, 2026 · 04:51 PM[TOKYO] The Bank of Japan may revise up...
Volkswagen rescue plan ‘short on specifics’ after tense stakeholder talks
Published Fri, Jul 10, 2026 · 03:41 PM[BERLIN] Volkswagen management had little to show on Friday (Jul 10) from talks with the group’s stakeholders, laying bare the difficulties in...
Hong Kong stocks set for strongest week in over a year on China internet gains
Published Fri, Jul 10, 2026 · 12:51 PM[SHANGHAI] Hong Kong stocks rose on Friday, headed for their best weekly performance in over a year, as sentiment toward Chinese internet...
JustCo takes over master tenancy at OG Orchard Point building with push into co-living market
JustCo Place integrates co-working, retail space with 123 apartments; Deloitte to fully occupy its co-working space[SINGAPORE] A new chapter is unfolding for OG’s Orchard Point building, with listed co-working...
China narrows AI gap with US as open-source shift could hit valuations: George Yeo
This could erode major LLM developers’ proprietary ‘moats’ and premium pricing power[SINGAPORE] With more companies in China opening up their large language models (LLMs), Yeo noted a trend of...
Gold heads for weekly drop as Gulf attacks reinforce rate-hike bets
Spot gold holds its ground at US$4,122.09 per ounce as of 0047 GMT and heads for an over 1% weekly fallPublished Fri, Jul 10, 2026 · 09:56 AM[BENGALURU] Gold...
Stocks to watch: China Aviation Oil, Marco Polo Marine
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jul 10): China Aviation Oil : The fuel company on Thursday said its...
Oil prices settle 2% lower as economic worries outweigh supply risks
Published Fri, Jul 10, 2026 · 06:06 AMOIL prices slid about 2 per cent on Thursday (Jul 9) on worries that rising inflation and other economic concerns could weigh...