News
Kevin Warsh kicks off US Fed chief tenure with sweeping review as rates remain unchanged
New projections show inflation slowing sharply next year, allowing rates to return to where they are now by the end of 2027Published Thu, Jun 18, 2026 · 05:39 AM[WASHINGTON]...
BBC to cut 550 jobs in cost-saving drive
Published Wed, Jun 17, 2026 · 10:15 PM[LONDON] The BBC, Britain’s public service broadcaster, will cut 550 jobs and close some programmes as part of cost-saving plans under its...
COE: market ‘exhausted’ as falls for June suggest car, commercial vehicle premiums at resistance level
[SINGAPORE] Certificate of Entitlement (COE) premiums for passenger cars and commercial vehicles have reached a price ceiling after months of increases, said industry observers.This came as premiums for Category...
Falls in COE premiums across board suggest car, commercial vehicle premiums hitting resistance level
[SINGAPORE] Certificate of Entitlement (COE) premiums for passenger cars and commercial vehicles have reached a price ceiling after months of increases, said industry observers.This came as premiums for Category...
IEA expects significant 2027 oil surplus after Hormuz recovery
Its forecasts for next year imply that supply will outweigh demand by 5.05 million barrels a dayPublished Wed, Jun 17, 2026 · 06:18 PM[LONDON] The oil market will move...
Keppel bags fourth fibre pair deal on Bifrost Cable System with ‘global technology leader’
The asset manager says it expects an internal rate of return of ‘about 30%’ for the overall project[SINGAPORE] Asset manager Keppel said on Wednesday (Jun 17) that it has...
UK inflation unexpectedly holds steady at 2.8% in May
Published Wed, Jun 17, 2026 · 03:27 PM[LONDON] UK inflation unexpectedly held steady in May, suggesting price pressures were weaker than feared even before a US deal to end...
Nomura sees 30% increase in wholesale revenue as boom persists
Published Wed, Jun 17, 2026 · 03:09 PM[TOKYO] Nomura said revenue in its key trading and investment-banking businesses has risen sharply so far this quarter, a sign that the...
China vows to improve anti-sanctions measures in financial law
The high-profile forum comes a day after the country released data showing the world’s second-largest economy slumped in MayPublished Wed, Jun 17, 2026 · 12:12 PMCHINA’S Vice-Premier He Lifeng...
Six companies launch Hong Kong offerings worth up to HK$19.8 billion
The launches come as global markets stabilise following a ceasefire agreement in the Middle EastPublished Wed, Jun 17, 2026 · 10:33 AM[HONG KONG] Six companies launched Hong Kong offerings...
