News

Trump says Apple to partner with Intel on US chip design, production
The partnership helps Apple to diversify its manufacturing base as it seeks additional chip capacityPublished Thu, Jun 18, 2026 · 03:03 PM[WASHINGTON] US President Donald Trump said in a...
Asian refiners brace for surge in Persian Gulf oil after US-Iran ceasefire agreement
Published Thu, Jun 18, 2026 · 01:56 PM[SINGAPORE] An impending wave of oil that’s been trapped inside the Strait of Hormuz is set to be unleashed on Asia, suddenly...
Hormuz oil flows may recover to only 70% after Iran war: Goldman
Published Thu, Jun 18, 2026 · 12:55 PMOIL flows going through the Strait of Hormuz may recover to only about 70 per cent of their prewar level, according to...
Indonesia, Philippines set to hike rates as caution prevails
Published Thu, Jun 18, 2026 · 11:33 AMTWO of Asia’s beleaguered central banks are poised to tighten monetary policy further, staying on guard in case inflation and currency risks...
Hillhouse seeks US$600 million loan to fund data centre operator DayOne investment: sources
The move highlights the massive funding financial institutions must provide for DayOne’s global expansionPublished Thu, Jun 18, 2026 · 10:08 AM[SINGAPORE] Asset manager Hillhouse Investment is in talks with...
Singapore’s Carro enters Australia market with acquisition of used-car platform CarPlace
[SINGAPORE] Online automotive marketplace Carro said on Thursday (Jun 18) that it has acquired Australian used-car platform CarPlace.The Singapore-headquartered company did not disclose the size of its stake in...
Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts
Brokerages, including UOBKH and RHB, are moving to upgrade battered plantation stocks across the board[SINGAPORE] Indonesian palm oil equities are positioned for a dramatic and rapid reversal following a...
HSBC’s Australia unit to pay A$35 million fine over scam protection failures, court rules
Published Thu, Jun 18, 2026 · 09:41 AM — Updated Thu, Jun 18, 2026 · 05:01 PM[SYDNEY] An Australian court has ordered HSBC’s local unit to pay A$35 million...
Stocks to watch: Centurion, Far East Group
[SINGAPORE] The following companies saw developments that may affect the trading of their securities on Thursday (Jun 18): Centurion : The group on Wednesday said it has acquired 25...
Gold advances as peace deal optimism counters hawkish US Fed
The pact is expected to ease a global energy shock that’s spurred inflation and rate hike betsPublished Thu, Jun 18, 2026 · 06:57 AM — Updated Thu, Jun 18,...
Wall Street sinks on bets Fed will hike rates in 2026
In his first meeting as Fed Chair, Warsh says the central bank would deliver on price stabilityPublished Thu, Jun 18, 2026 · 06:24 AMTHE S&P 500 and Nasdaq closed...
Oil falls 2% after US-Iran ceasefire agreement, erasing almost all war-related gains
Published Thu, Jun 18, 2026 · 06:17 AM — Updated Thu, Jun 18, 2026 · 01:49 PM[BEIJING/SINGAPORE] Oil prices fell more than US$1 per barrel on Thursday (Jun 18)...