EU court upholds Google's $854,250 Italian fine over gambling advertising
BRUSSELS, July 16 : Europe's top court on Thursday sided with Italy's communication authority which fined Alphabet unit Google €750,000 ($854,250) four years ago over gambling advertising on its YouTube video platform."Google may be held liable for the YouTube videos of a content cr ...
Iran war leaves crisis-weary European airlines ready for a shake-out
Renewed Middle East volatility has raised fresh doubts over whether weaker carriers can generate enough cash during the summer to survive the...
Iran war leaves crisis-weary European airlines ready for a shakeout
[LONDON] As renewed conflict in the Gulf drives up oil prices, airline investors and industry executives see mounting signs that Europe’s financially...
Eastspring launches actively managed Asia Technology Innovation Fund to tap region's tech innovators
Lynnette Tania Lee - Eastspring Investments has launched an actively managed fund targeting Asia’s next hardware generation of technology leaders. It is a wager that the region’s chipmakers, hardware suppliers and infrastructure providers, rather than the familiar global names, will drive the next wave of AI and dig ...
South Korea toughens regulations on single-stock leveraged ETFs
SEOUL, July 16 : South Korea's financial regulator on Thursday unveiled a series of regulatory measures aimed at easing market volatility triggered by exchange-traded funds (ETFs) that are tied to certain major technology firms. So-called single-stock, leveraged ETFs linked to chipmakers Samsun ...
Australia to boost scrutiny of Big Four accounting firms after wave of scandals
Breaking up the Big Four firms is one option under consideration
Foundation Healthcare: Raise, execute, return, scale!
Geoff Howie - Foundation Healthcare was established against the backdrop of rising healthcare costs, an ageing population and increasing demand for specialist-led care. Recognising the need for a more connected, efficient, and sustainable healthcare system, the group seeks to reduce inefficiencies across the pati ...
UK regulator to probe TikTok on child safety measures
July 16 : Britain's media regulator on Thursday launched a probe into TikTok to understand whether its UK unit failed or is failing to protect children from harmful content. The probe comes a month after the government imposed a blanket ban on social media for users under the age of 16 and impo ...
Macquarie upgrades STI 12-month target to 6,000, names its top picks
Deon Loke - These include UOB, OCBC and Jardine Matheson
Macquarie upgrades STI 12-month target to 6,000, giving its top picks
Deon Loke - Macquarie highlights its top picks across large-caps and SMIDs
Asian LNG prices hit highest since March as US-Iran hostilities disrupt Hormuz shipping
A prolonged disruption would keep LNG supplies tight, particularly for Asia, where buyers rely heavily on Qatari cargoes
Lum Chang Creations expects to report 'significant' increase in FY2026 earnings
The Edge Singapore - Lum Chang Creations, which is poised to transfer its listing to the Mainboard, expects to report "a significant increase" for its FY2026 earnings ended June over the preceding year. "The expected improvement in the group's financial performance is mainly attributable to improved ...
Airbus picks Iliad's Scaleway for AI, defence work in sovereignty push
July 16 : Airbus said on Thursday it had signed a multi-year agreement with Iliad-owned Scaleway to provide cloud infrastructure for sensitive industrial and defence applications, supporting the deployment of AI tools developed with French startup Mistral.The European planemaker said Scaleway would ...
Coal dominance, fiscal constraints to temper South-east Asia’s clean energy boom
Sharanya Pillai - But there is also interest in ‘coal flexibility’ schemes, where coal plants complement renewable sources
Japan household inflation expectations rise, build case for BOJ rate hikes
TOKYO, July 16 : Japanese households' inflation expectations crept up and the ratio of those expecting prices to rise a year from now hit a record high, a quarterly central bank survey showed on Thursday, bolstering the case for further interest rate hikes.The survey, which followed a separate ...
More Japanese households see prices rising, BOJ survey shows
TOKYO, July 16 : Over 90 per cent of Japanese households expect prices to rise a year from now, a central bank survey showed on Thursday, higher than three months ago in a sign of broadening inflationary pressure that could heighten the case for further interest rate hikes.The survey will be among f ...
Quiet market, low offers: MLT defends slow pace of S$1 billion divestment plan
Shikhar Gupta - Investors want the Reit to cut losses and accelerate exits in China, but its manager says it will not panic sell
Quiet market, low offers: Mapletree Logistics Trust defends slow pace of S$1 billion divestment plan
Shikhar Gupta - Investors want the Reit to cut losses and accelerate exits in China, but its manager says it will not panic sell
Syngenta's $5 billion HK IPO pushed back amid agriculture sector uncertainty, Bloomberg News reports
July 16 : Swiss agricultural chemicals and seeds company Syngenta's planned $5 billion Hong Kong IPO is facing delays as the company awaits better conditions in the sector, Bloomberg News reported on Thursday, citing people familiar with the matter.A listing in 2027 is now seen as the more like ...
JP Morgan report on banks dampens buying fervour
The Edge Singapore - In a report dated July 16, JP Morgan dampened animal spirits for the local banks. It is recommending that investors trim OCBC and UOB “into numbers”. It is particularly negative on UOB. Both banks announce 2Q2026 results on Aug 7. On the other had, the US bank expects “relative resilience” f ...
Japan finance minister: economic growth potential may warrant review of pension asset mix
TOKYO, July 16 : Japanese Finance Minister Satsuki Katayama said on Thursday that an increase in the economy's growth potential stemming from a shift in government policy could warrant changes to the asset allocations of the nation's state pension funds.The Government Pension Investment Fu ...
Anthropic's Mythos AI risks are a 'real issue', says JPMorgan CEO Jamie Dimon
The remarks highlight AI safety concerns, including the misuse of systems capable of identifying software vulnerabilities
TSMC to invest another US$100 billion in US as Q2 profit blows past forecasts
TSMC also raised its forecast for capital spending by up to 14% for this year
TSMC‘s second-quarter profit seen hitting record on AI boom
The company announced a record high 36% rise in second-quarter revenue on Monday
Hyundai Motor Group to own Boston Dynamics in full with SoftBank stake buy
SEOUL, July 16 : Hyundai Motor Group on Thursday disclosed that it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring SoftBank Group's stake of around 10 per cent, a move it said would help it deploy advanced robotics across its operations.Terms of the deal ...
Hyundai Motor Group to make Boston Dynamics wholly owned with purchase of SoftBank stake
SEOUL, July 16 : Hyundai Motor Group said on Thursday it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring SoftBank Group's stake of around 10 per cent — a move it said will help it deploy advanced robotics across its operations.Terms of the deal were not ...
‘Healthy cocktail’ gives Macquarie the buzz to upgrade STI target by 33% to 6,000 points
Lin Daoyi - In a July 15 Singapore strategy report, Macquarie Equity Research analysts Jayden Vantarakis, Foo Zhiwei, Rachel Tan and Amanda Foo have upgraded their Straits Times Index (STI) target to 6,000 points. This represents a 33% jump from their January forecast of 4,500 points. The Singapore market has b ...
Shut out of China’s mega CXMT IPO, global investors hunt for creative backdoors
Many overseas investors are instead piling into brokers and even crypto derivatives tied to the blockbuster listing
South Korea to halt new listings of single-stock leveraged ETFs
The ban will remain until market conditions stabilise, says the Financial Services Commission on Jul 16
South Korea to announce measures on single-stock leveraged ETFs soon
Measures to address such funds and ensure market stability are being discussed, the nation’s top financial regulator said
Blackstone-backed AirTrunk eyes September, October launch for US$1.5 billion Singapore Reit IPO, sources tell Reuters
Timing, size of the deal could change, depending on market conditions
South Korea to ban new listings of single-stock leveraged ETFs
SEOUL, July 16 : South Korea said on Thursday it will temporarily ban new listings of exchange-traded funds (ETFs) that are tied to certain major technology firms, while raising minimum required deposits for retail investors to invest in such products, in an effort to curb market volatility.The Fina ...
South Korea regulator to announce new measures on single-stock leveraged ETFs
SEOUL, July 16 : South Korea's top financial regulator Financial Services Commission will announce new measures on single-stock leveraged ETFs soon, its chief said on Thursday. The regulator will "closely inspect and review improvement measures" on the ETFs soon, FSC Chairman Lee Eog- ...
RTS Link could cause S$290 million net increase in outflow annually for Singapore: study
Elysia Tan - The city-state’s central region is seen to gain from JB visitors in high-end retail, entertainment and dining
