Culture

Reits and tech lead net institutional inflows; Frencken chair and DHLT CEO raise their stakes
[SINGAPORE] Over the five trading sessions from Jun 20 to 26, institutions remained net sellers of Singapore stocks, with net institutional outflow of S$248 million following the S$74 million...
Big banks pass Fed’s stress test, setting stage for payouts
[WASHINGTON, DC] A group of large US banks comfortably cleared the Federal Reserve’s annual stress test, setting the stage for lenders to boost buybacks and dividends for shareholders. The 22...
Hong Kong’s sixfold jump in share sales drives boom year in Asia
[HONG KONG] Hong Kong’s having a banner year as it marches towards becoming the second-largest market globally for share sales for the first time since 2012.Proceeds from listings and...
GuocoLand’s Dora Chng on condo buyer preferences.
[SINGAPORE] As customers’ needs evolve, having a flexible layout can be a big draw for discerning condo buyers here, according to Dora Chng, residential director of GuocoLand.A flexible layout...
Oil steadies after report of planned Opec+ August output hike
[HOUSTON] Oil prices edged up slightly on Friday (Jun 27), recovering from a midday drop into negative territory following a report that Opec+ was planning to hike production in...
Europe: Stocks rise as US-China trade tensions ease; auto stocks jump
[BENGALURU] European stocks closed at an over one-week high on Friday (Jun 27), fuelled by a rally in automakers, as investors took more risks on hopes for a truce...
US: S&P 500, Nasdaq touch record highs after tame inflation data
Published Fri, Jun 27, 2025 · 09:42 PM[NEW YORK] The S&P 500 and the Nasdaq opened at record highs on Friday (Jun 27) as a benign inflation report supported...
Sygnum is sole new unicorn from South-east Asia in H1 2025: report
[SINGAPORE] Digital asset group Sygnum has emerged as the sole new unicorn from South-east Asia in the first half of 2025, data platform Tracxn said in a report released...
CCCS okays Tamarind Health’s proposed acquisition of TalkMed
[SINGAPORE] The Competition and Consumer Commission of Singapore (CCCS) has cleared Tamarind Health’s proposed acquisition of tertiary healthcare service provider TalkMed Group on Friday (Jun 27).The competition watchdog assessed...
Swiss-American eye care firm Alcon launches expanded Tuas manufacturing facility
[SINGAPORE] Alcon, a Swiss-American pharmaceutical and medical device company specialising in eye care products, opened its expanded manufacturing and logistics facility in Tuas on Friday (Jun 27).This brings its...
Singapore semiconductor stocks soar, notch weekly surge on boost from domestic, global tailwinds
[SINGAPORE] Semiconductor listcos were trading higher on Friday (Jun 27) morning, notching double-digit gains over the week as a slew of domestic and global developments spelt potential tailwinds for...
US says deal with Beijing will expedite rare earth exports from China
[WASHINGTON] The United States has reached an agreement with China on how to expedite rare earth shipments to the US, a White House official said on Thursday, amid efforts to end...