News

SK Hynix US listing said to be multiple times oversubscribed
Published Wed, Jul 8, 2026 · 06:41 AM[NEW YORK] SK Hynix’s US$28 billion US listing is multiple times oversubscribed ahead of pricing on Thursday (Jul 9), according to sources...
SK Hynix US offering is more than seven times oversubscribed
It could be among the largest foreign company debuts in the US, second only to Alibaba Group’s US$25 billion debutPublished Wed, Jul 8, 2026 · 06:41 AM — Updated...
Gold falls as traders weigh Fed rate path and Hormuz attacks
Published Tue, Jul 7, 2026 · 10:13 PM[LONDON] Gold extended a pullback from a two-week high, as traders weighed the outlook for US interest rates and renewed attacks on...
ESR-Reit proposes to buy 5 logistics assets in Australia for US$192.4 million
[SINGAPORE] ESR Real Estate Investment Trust (ESR-Reit) has proposed to buy five freehold logistics properties in Melbourne, Australia, for A$276.8 million (US$192.4 million).The acquisition would increase its distribution per...
China’s DeepSeek developing its own AI chip: sources
Published Tue, Jul 7, 2026 · 08:42 PM[BEIJING] Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter, a push that could...
Foundation Healthcare IPO 3.8 times subscribed
The Singapore offering is 9.4 times subscribed, with 3,805 valid applications for 87 million shares[SINGAPORE] The initial public offering of Foundation Healthcare was 3.8 times subscribed, the company said...
Singapore banks lead gains on STI; benchmark index up 1.6%
Published Tue, Jul 7, 2026 · 06:36 PM[SINGAPORE] Singapore stocks ended higher on Tuesday (Jul 7), led by gains in the local banking trio.The benchmark Straits Times Index (STI)...
Jennifer Siebel Newsom sought to redefine the role of first spouse. Now, she faces her biggest test
Jennifer Siebel Newsom was frustrated.She was standing behind her husband, California Gov. Gavin Newsom, at a February press conference to celebrate a new bill that would give Planned Parenthood...
Wall Street warms to SpaceX ahead of Nasdaq 100 inclusion
Index entry could draw over US$4 billion in flows to the company, JPMorgan estimatesPublished Tue, Jul 7, 2026 · 05:01 PM[NEW YORK] SpaceX’s addition to the Nasdaq 100 on...
German industry grows more than expected on auto sector
Published Tue, Jul 7, 2026 · 04:05 PM[BERLIN] German industrial production grew for a second month, another sign that Europe’s largest economy is exiting the drag from the Iran...
Won’s 24-hour trading debut passes with below-average volume
The US dollar-won pair’s spot trading volume was 6% under the average of the past 30 daysPublished Tue, Jul 7, 2026 · 03:02 PM[SEOUL] Trading in the South Korean...
Saudi oil price cut unlikely to convince sated Asia buyers, traders say
Published Tue, Jul 7, 2026 · 02:05 PM[SINGAPORE] The biggest price cut in more than two decades for Saudi Arabian crude oil sold to Asia still leaves the grade...