7 minutes ago
Japan's Nikkei closes at record high near 70,000 on AI boost
[TOKYO] Japan’s Nikkei share average closed at a record high for a third straight session on Wednesday (Jun 17), ending just shy...
Business Headlines & Market News
Business Headlines and Stock Market News by Singapore Financial News Publishers
11 minutes ago
Keppel bags fourth fibre pair deal on Bifrost Cable System with ‘global technology leader’
Deon Loke - The asset manager says it expects an internal rate of return of ‘about 30%’ for the overall project
24 minutes ago
UK inflation unexpectedly holds steady at 2.8% in May
Inflation was held down by food and non-alcoholic drinks
35 minutes ago
Japan puts the heat on suspected ice cream cartel
Several ice-cream companies are being investigated following record sales during Japan's hottest summers, and after years of near-simultaneous price hikes across the industry.
42 minutes ago
Nomura sees 30% increase in wholesale revenue as boom persists
The gains are ‘driven primarily by equity products’, the company says
46 minutes ago
Australia shares close at two‑month high on Middle East optimism
[SYDNEY] Australian shares rose for a fourth straight session on Wednesday (June 17) to close at their highest in more two months,...
1 hour ago
Telegram challenging Indian government order that temporarily blocks its use, report says
NEW DELHI, June 17 : Messaging app Telegram has filed a petition in court challenging an Indian government order that has temporarily blocked use of the platform in an effort to prevent exam fraud, legal website Bar and Bench reported on Wednesday.The blocking of the app, which began on Tuesday and ...
1 hour ago
Uzbek president pledges continued reforms, tax-free zone at Tashkent forum
TASHKENT, June 17 : Uzbekistan's President Shavkat Mirziyoyev promised on Wednesday to continue economic reforms in the fast-growing Central Asian country, including establishing an independent financial regulator."We are always open to investors interested in cooperating with Uzbekistan a ...
1 hour ago
Central banks plot domestic and diverse gold storage locations, expect USD holdings to decrease
Lin Daoyi - According to the World Gold Council’s Central Banks Gold Reserves Survey 2026 issued on June 16, central banks are increasingly changing the storage locations for their gold reserves. The survey was conducted between Feb 5 to May 19, with the majority of the 76 responses coming in after the start ...
1 hour ago
Sun PhuQuoc Airways announces ambitious international expansion, aims for 200 aircraft by 2035
Derryn Wong - The carrier aims to fly new routes to South Korea, China, Thailand, Russia, Mongolia, Kazakhstan in 2026
1 hour ago
When billions watch, every impression counts
Laura Quigley - Marquee events are the crown jewels of the global media calendar. Cultural phenomena like the FIFA World Cup, Wimbledon Championships, and the Indian Premier League (IPL) do more than capture raw reach; they bring entire cities to a standstill. Today, however, that massive fan energy is no longer co ...
2 hours ago
ECB officials say peace in Iran isn’t enough to fix energy shock
The main concern is that it will take time to restore production capacity, repair infrastructure and get ships sailing again
3 hours ago
Keppel signs user for fourth Bifrost fibre pair, in talks with another and 'progressing well' on next cable system
The Edge Singapore - Keppel has found a user for another fibre pair for its Bifrost Cable System, which means there is only a remaining fibre pair out of the total of five not spoken for. According to Keppel, it has leased the fourth pair to an unnamed "global technology leader" and that it is in "active ...
3 hours ago
Bank of Korea vows to respond until inflation eases towards target
SEOUL, June 17 : The governor of the Bank of Korea on Wednesday vowed to adjust policy to curb inflation, as the central bank said price pressures were expected to keep inflation above its target through next year, even with progress toward ending the U.S. war with Iran."We will actively respon ...
3 hours ago
Bank of Korea expects inflation to exceed its target through next year
SEOUL, June 17 : South Korea's central bank said on Wednesday inflation was expected to exceed its target through next year, as upward price pressures remained high despite progress in talks between the U.S. and Iran to end the war. "Going forward, inflation is expected to stay high for a ...
3 hours ago
Italian mother takes on Meta, TikTok after daughter's death
ASTI, Italy, June 17 : In the span of just a few months, Irene Roggero Ugues watched her daughter Rossella's behaviour change as social media fed her an increasing stream of self-harm content, before the 12-year-old died by suicide.Only after Rossella's death did Irene and her husband unlo ...
3 hours ago
Toyota shareholders back Toyoda as chairman and new CEO Kon at annual meeting
TOYOTA CITY, Japan, June 17 : Toyota Motor shareholders re-elected Akio Toyoda as chairman and backed new CEO Kenta Kon as a board member on Tuesday, endorsing the automaker's leadership at the first annual meeting held during Kon's tenure.Shareholders also approved the re-election of four ...
3 hours ago
G7 leaders tackle reliance on China for critical minerals
Western powers are racing to secure offtake from mines and build up processing and recycling capacity
4 hours ago
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 May
4 hours ago
Economists raise inflation projections, lower growth forecasts in first MAS survey since Iran war
Elysia Tan - More now see MAS tightening policy in July, though majority still expect it to hold
4 hours ago
China’s central bank hints at shift toward overnight policy rate to match global peers
PBOC will improve the use of temporary overnight reverse repo and repo operations
4 hours ago
What happens when AI does the shopping
Nurdianah Md Nur - Eighty-one per cent of retail executives surveyed by Deloitte expect brand loyalty to weaken as AI agents take over more of the purchasing process, according to the firm's The future of commerce: Agentic shopping in Asia Pacific report. It is not hard to see why. A shopping agent optimising for ...
4 hours ago
Vietnam maintains 2026 GDP target despite trade deficit, inflation pressure
HANOI, June 17 : Vietnam will stick to its economic growth target of 10 per cent this year, despite a widening trade deficit and other challenges, a deputy finance minister said on Wednesday. The Southeast Asian country's trade deficit is estimated to have hit $15 billion in the first half of t ...
5 hours ago
Philippines' Globe Telecom moves ahead with Mynt IPO-related filings
June 17 : Philippines-based communications firm Globe Telecom said on Wednesday its board approved two filings related to the proposed initial public offering of its e-wallet unit Mynt with the Securities and Exchange Commission and the local stock exchange. Here are some more details:• Globe Tele ...
5 hours ago
Manulife pulls loan product for rich Hong Kong clients after scrutiny
The US$80 million policy uses 4 times leverage to offer over 10% returns to wealthy buyers
5 hours ago
GCash parent Mynt moves closer to Philippine IPO with board approval
Lionel Lim - Mynt is reportedly aiming to raise over US$1 billion with its listing
5 hours ago
GCash’s parent company Mynt authorises filing for potential IPO on Philippine stock exchange
Lionel Lim - Mynt is reportedly aiming to raise over US$1 billion with its listing
5 hours ago
GCash’s parent company Mynt authorises filing for potential IPO on Philippines stock exchange
Lionel Lim - Mynt is reportedly aiming to raise over US$1 billion with its listing
5 hours ago
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 East
6 hours ago
Asian stocks edge lower with Fed decision in focus
Recent declines in oil prices have helped ease concerns that energy costs may reignite inflation
6 hours ago
RHB's Natarajan maintains 'buy' on Starhill Global REIT
The Edge Singapore - Vijay Natarajan of RHB Bank Singapore has kept his "buy" call and 66 cents target price on Starhill Global REIT, given its "steady" operational performance, due to a well-balanced mix of master or actively managed leases. "The REIT manager exercises prudence in terms of acqu ...
6 hours ago
Gold edges up as rate-hike fears ease; Fed rate decision in focus
Investors now await the Federal Reserve policy decision and remarks
6 hours ago
Goldman Sachs shatters dealmaking records with US$1 trillion in first-half M&A volume
The figure comes on the back of the investment bank managing SpaceX’s landmark IPO
7 hours ago
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Shikhar Gupta - Tan Chian Khong says Lai, who is also Heliconia chairman, requested his resignation from board, committee roles