Apex court dismisses almost all of the appeals by Envy’s ex-employees over S$39 million of clawbacks
Tay Peck Gek - Only fees calculated as a percentage of the amount invested by referred investors do not have to be returned, rule judges
Explainer-Three ways Trump could get a stake in AI firms for the US
WASHINGTON, June 22 : U.S. President Donald Trump said he is exploring options to give the public a stake in leading AI companies, in response to concerns that individual Americans will not share in the sector’s expected profits.Policymakers, companies and advocates have proposed several pathways ...
Chipmaking tool firm Nearfield Instruments raises $380 million at $1.6 billion valuation
SAN FRANCISCO, June 22 : Nearfield Instruments, a Netherlands-based firm whose machines help measure the features on advanced semiconductors, said on Monday it raised $380 million in new funding, bringing its valuation to $1.6 billion.Nearfield makes devices called atomic force microscopes, which ca ...
Shaw Towers Realty hits snag in bid to lower proposed tax valuation for Shaw Tower
Tay Peck Gek - Tribunal highlights the importance of finality, saying the company should not be allowed to ‘cherry-pick’
Britain’s pound, gilt prices hold lower after Starmer steps down
Starmer’s popularity has tumbled among voters over his handling of the economy
Keir Starmer announces his resignation as UK prime minister
Joe Mayes, Ellen Milligan and Chloe Chaplain / Bloomberg - Keir Starmer said he would step down as Britain’s prime minister, marking a precipitous fall from favour two years after leading the Labour Party back to power with a landslide majority. Starmer’s departure paves the way for Andy Burnham to attempt to take over as successor, after the long-time ...
UK PM Starmer resigns; new leader to be in place by September
His replacement would be the 7th prime minister since the Brexit vote 10 years ago
UK PM Starmer says he will resign; new leader to be in place by September
Prime Minister Keir Starmersaid on Monday he would resign, with a new leader to be in place by the time parliament returns...
Nikkei closes past new benchmark of 72,000 points
It hit an intraday record peak of 72,831.73
Tapping tech and AI key to bringing down costs: Fullerton Health CEO
Benjamin Cher - The integrated healthcare platform, which started using AI two years ago, is stepping up its use of it
Danone to tap protein demand in Asia by buying Australia’s Made
Demand for protein has soared, driven by users of weight-loss drugs seeking to prevent muscle loss
European shares muted as investors weigh US-Iran talks
Tech stocks led sectoral gains, rising 1.2 per cent
AirAsia X boosts flights, lowers fares as fuel price drops
Tan Ai Leng - However, the carrier says airport-related costs may make it difficult to keep air travel affordable
Philippines cuts 2026 growth forecast, citing graft scandal and energy crisis
MANILA, June 22 : Growth in the Philippines this year will be lower than previously forecast due to the energy crisis and the lingering effects of a corruption scandal that has slowed government spending, the economic planning secretary said on Monday.Growth is now seen coming in at 3.5 per cent to ...
Bank of England softens stablecoin rules in final policy draft
LONDON, June 22 : The Bank of England on Monday eased proposed stablecoin rules following widespread concern they risked stifling development of a nascent sterling-backed market, though some in the industry said the changes fell short of enabling an internationally competitive sector. The BoE, which ...
Bank of England softens stablecoin rules in final framework
LONDON, June 22 : The Bank of England published its final policy and draft rules for stablecoins on Monday, easing some proposals set out for industry consultation last year. The BoE scrapped plans to cap individual holdings, opting instead to limit total issuance per stablecoin, initially set at £ ...
Australian shares end flat as WiseTech slump offsets gains in banks, gold
The tech sub-index fell 4.2 per cent for its steepest intraday decline since April 9
Global banks drive India asset-backed securities sales to record
Overseas lenders have made US$5.6 billion worth of purchases in the financial year ended March 2026
WEF’s ‘Summer Davos’ in Dalian to focus on unlocking economic growth through innovations
More than 1,700 leaders, including from government, business and academia, will attend the three-day event – the World Economic Forum's second largest annual gathering – from Tuesday (Jun 23).
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
Young Zhan Heng - The telco-operator was also ordered to vacate the iFly Building’s rooftop space
UOB Kay Hian maintains 'buy' call on Food Empire with $3.49 target price
The Edge Singapore - John Cheong and Tang Kai Jie of UOB Kay Hian have maintained their bullish call on Food Empire Holdings, noting that the instant coffee maker has not only outperformed the growth of its peers and with significant capacity expansion round the corner, poised for a pick up in further growth. "The ...
One-year countdown: Existing SFOs evaluate how they can align with revised MAS framework
Jean Low - Not a ‘Singapore-only story’; moves will strengthen Apac’s proposition as a family office hub and region to deploy capital
From tokens to trust: AI’s US$2.5 trillion reckoning
Abhas Ricky - For two years, enterprise AI strategy ran on a single instinct: to get to the frontier fastest. The default path was a public cloud account, an application programming interface (API) key from OpenAI or Anthropic, and a willingness to absorb cost in exchange for speed. That instinct produced extraor ...
Chinese AI stocks rally on demand optimism and policy support
China on Thursday unveiled a range of measures to boost AI adoption in consumer markets
South Korea market watchdog offers rare mea culpa over leveraged ETFs
SEOUL, June 22 : The head of South Korea's market watchdog offered a rare mea culpa on Monday, saying it was too hasty in approving leveraged funds tied to some of the country's best-known chip stocks.The comments from Lee Chan-jin, governor of the Financial Supervisory Service, are some o ...
South Korea watchdog regrets rushed launch of leveraged ETFs, considering measures
SEOUL, June 22 : South Korea is considering introducing stabilising measures as leveraged products tied to semiconductor stocks stoke volatility in the country's stock market, the market watchdog said on Monday, adding these products were introduced too hastily. Lee Chan-jin, governor of the Fi ...
ComfortDelGro begins free autonomous shuttle rides in Punggol
Derryn Wong - Autonomous vehicle rides are open to the public from Jun 22 and can be booked via the company’s Zig app or BookingSG
ComfortDelGro begins free robotaxi rides in Punggol
Derryn Wong - Autonomous vehicle rides are open to the public from Jun 22 and can be booked via the company’s Zig app or BookingSG
More than 50 injured and 18 missing after explosion at Qatar’s Ras Laffan LNG site, authorities say
A witness earlier reported that a loud boom was heard in the capital Doha, south of the facility
WiseTech shares tumble on news reports police are investigating founder White
June 22 : Shares of WiseTech Global fell 14 per cent on Monday on widespread media reports that the Australian Federal Police were investigating its executive chairman, Richard White, over claims he exploited a woman's immigration status for sex and provided false information on a visa applicat ...
Oil falls after US-Iran talks signal easing supply risks
BENGALURU/LONDON, June 22 : Global oil prices fell on Monday after U.S.-Iran talks concluded in Switzerland with Tehran saying it had secured waivers for oil and petrochemical exports, easing worries about a supply shortage in global markets.Brent crude was down 61 cents at $79.96 a barrel by 0815 G ...
Oil falls after US-Iran talks conclude in Switzerland
NEW DELHI, June 22 : Oil prices declined on Monday after U.S.-Iran talks concluded in Switzerland with Tehran saying it had secured waivers for oil and petrochemical exports, easing worries about a supply shortage in global markets.Brent crude fell $1.68, or 2.09 per cent, to $78.89 a barrel by 0633 ...
Brent falls after US-Iran talks conclude in Switzerland
NEW DELHI, June 22 : Brent crude prices slid on Monday after U.S.-Iran talks concluded in Switzerland with Tehran saying it had secured waivers for oil and petrochemical exports, easing worries about a supply shortage in global markets.Brent crude fell $1.19, or 1.48 per cent, to $79.38 a barrel by ...
Thailand will raise its annual economic growth potential to 3% by 2030, Finance Minister says
BANGKOK, June 22 : Thailand plans to lift its economic growth potential to 3.0 per cent from 2.7 per cent by 2030, Finance Minister Ekniti Nitithanprapas said on Monday.• The government will drive economic growth through "four pillars" including new investment, trade and services like to ...
