IHH strives to lower medical costs, attract medical tourists
Goola Warden - Dual-listed IHH Healthcare ranks among the largest private healthcare providers in Singapore. Through its subsidiary, Parkway Pantai, IHH owns Parkway Holdings — which, in turn, owns 32.9% of ParkwayLife REIT — and Parkway Shenton Medical Group. ParkwayLife REIT (PLife REIT) owns Mount Elizabeth ...
Fintech solution from Aleta Planet gives options to local and regional SMEs to issue custom Visa cards
Jean Low - The firm acts as a back end support, providing compliance, technology and legal support to help companies issue the branded card
KPMG Australia spars with lawmakers amid probe into scandal
Persistent consulting scandals prompt questions over lack of tighter government laws
Japan, South Korea stocks hit records as oil prices fall
Oil tankers have started sailing through the Strait of Hormuz after the United States lifted its blockade on Iran on Thursday as an interim deal to end the three-month war took effect.
Manus original investors plan to buy back AI firm from Meta for US$2 billion: The Information
Early investors including HSG, ZhenFund and Tencent are participating in the buyback
Yen at brink of 40-year low puts markets on intervention watch
Finance Minister Katayama reiterates that authorities stand ready to act decisively against speculative moves
Oil falls as supply starts moving through Strait of Hormuz
PERTH, June 19 : Oil prices fell on Friday on the prospect of more supply returning to the market after oil tankers began to move through the Strait of Hormuz following the signing of the U.S.-Iran interim peace deal.Brent crude futures fell 54 cents, or 0.68 per cent, to $78.31 a barrel as of 0146 ...
Hyundai to buy SoftBank's remaining stake in Boston Dynamics for $325 million, newspaper says
SEOUL, June 19 : Hyundai Motor Group plans to buy SoftBank Group's remaining 9.65 per cent stake in Boston Dynamics for $325 million to make the U.S. robotics firm a wholly owned subsidiary, South Korea's Maeil Business Newspaper reported on Friday. Hyundai Motor is expected to convene a b ...
Citing recent share price correction as an opportunity to board, Maybank’s Seet maintains ‘buy’ call on CSE Global
Teo Zheng Long - Jacrick Seet of Maybank Securities has maintained his “buy” call on CSE Global (SGX: 544 ) despite the recent weaker market sentiments and resignation of its lead independent director, Tan Chian Khong. “We believe that the recent share price correction of more than 20% represents an attractive ...
SpaceX bankers prepare for bond sale of at least US$20 billion
Proceeds from the debt sale would refinance a temporary bridge loan that matures in September 2027
Claimants drop S$731,212 lawsuit against property agency ERA
Deon Loke - They had sought damages against the company for an alleged breach of duty of care
Nasdaq-listed StoneX’s bullion arm to offer gold, silver vaulting services in Singapore, sources say
Benicia Tan - Company in talks with vaulting providers to store and fulfil orders locally
Lum Chang Creations to raise up to S$26.6 million via proposed share placement
Deon Loke - The move is aimed at increasing the public float as it prepares to transfer its listing to the Catalist board
Stocks to watch: Apac Realty, Lum Chang Creations
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 19):
SpaceX shares end first week of trading up 37% from IPO price
Volatility is likely to continue as investors weigh lofty expectations for future revenue growth without a clear path to achieving them
BOJ flags risk of inflation overshoot, signals rate-hike intent
TOKYO, June 19 : Bank of Japan Deputy Governor Ryozo Himino on Friday said inflation could overshoot the bank's 2 per cent target and flagged the cost of being too late in raising interest rates, signalling resolve to continue pushing up borrowing costs.The remarks reinforce market expectations ...
BOJ to continue raising rates with eye on inflation risk, deputy governor says
TOKYO, June 19 : Bank of Japan Deputy Governor Ryozo Himino said on Friday the central bank will continue to raise interest rates with an eye on the risk of underlying inflation overshooting its 2 per cent target."There is a risk underlying inflation may deviate upward from our target," Hi ...
BOJ deputy governor Himino signals resolve to keep raising rates
TOKYO, June 19 : Bank of Japan Deputy Governor Ryozo Himino said on Friday the central bank will continue to raise interest rates with an eye on the risk of underlying inflation overshooting its 2 per cent target.Wholesale inflation was accelerating at a somewhat fast pace as companies pass on risin ...
Commonwealth Bank of Australia appoints new CIO, CTO to boost technology, AI strategy
June 19 : Commonwealth Bank of Australia named Victoria Ledda as group chief information officer and Rodrigo Castillo as group chief technology officer on Friday as the lender sharpens its focus on digital, data and artificial intelligence capabilities.Here are some details:• Ledda will lead busin ...
MSCI downgrades Indonesia’s information flow criterion on transparency concerns
The downgrade reflected opacity in ownership data and market activity, says MSCI
Japan's May core inflation stays below BOJ target, fuel-induced rise eyed
TOKYO, June 19 : Japan's annual core inflation stayed below the central bank's 2 per cent target for a fourth straight month in May, data showed on Friday, as fuel subsidies offset rising raw material costs from the Middle East conflict.Analysts expect consumer inflation to re-accelerate i ...
Japan May core CPI rises 1.4% yr/yr
TOKYO, June 19 : Japan's core consumer prices rose 1.4 per cent in May from a year earlier, government data showed on Friday.The core consumer price index, which includes oil products but excludes fresh food prices, compared with economists' median estimate for a 1.4 per cent annual gain.S ...
CSE Global’s share slide over boardroom clash overblown: analysts
Shikhar Gupta - The company’s shares are recovering after plunging in the wake of its lead independent director’s resignation
DBS sees 46% upside for Jardine Matheson; analysts expect it to surpass ‘conservative’ targets
Deon Loke - They see JMH’s goals as ‘achievable minimum yardsticks’ that reinforce the group’s strategic transformation story
How to ride the iEdge Singapore Next 50 indices as momentum wanes
Ben Paul - After a broad rerating in 2025, investors may now have to dig deep among smaller-cap stocks for strong returns
CSE Global’s sell-off over boardroom clash overblown: analysts
Shikhar Gupta - The company’s shares are recovering after plunging in the wake of its lead independent director’s resignation
Traffic flows through Hormuz as US-Iran deal takes effect, but key questions remain
Iran’s supreme leader said Trump signed the deal ‘out of desperation’
Traffic flows through Hormuz as US-Iran deal takes effect, but questions remain on key issues
Iran’s supreme leader said Trump signed the deal ‘out of desperation’
Oil dips as US-Iran ceasefire deal takes effect, ships return to Hormuz
OIL dipped as the US and Iran’s interim peace deal took effect and a flurry of tankers began transiting the Strait of...
US court rules Ohio can restrict children's use of social media
June 18 : A U.S. appeals court on Thursday cleared the way for Ohio to implement a law that requires social media companies, including Meta Platforms' Instagram, to obtain parental consent before allowing children under 16 to use their platforms.A 2-1 panel of the Cincinnati-based 6th U.S. Circ ...
Wall Street indexes advance with boost from chips, US-Iran deal optimism
Investors were still assessing Kevin Warsh’s indication that the Fed would provide less guidance on future policy moves
Intel taps industry veteran Seok-Hee Lee to lead foundry packaging push
June 18 : Intel on Thursday named Seok-Hee Lee executive vice president of its contract chip-manufacturing division as it sharpens focus on its advanced packaging business.The American chipmaker has been trying to reinvigorate its manufacturing business under CEO Lip-Bu Tan, after missing out on the ...
Commentary: Why SpaceX, Samsung, Hynix are becoming meme stocks
Meme mania is sweeping through the US stock market again, but this time it's trillion-dollar companies that can distort and sink entire equity markets, says Shuli Ren for Bloomberg Opinion.
European shares retreat as markets mull hawkish US Federal Reserve
The Bank of England kept interest rates on hold at 3.75% in June
