Dollar near one-month low as cooling inflation curbs Fed hike bets
HONG KONG, July 16 : The U.S. dollar hovered near a one-month low on Thursday, as soft inflation data reinforced bets that the Federal Reserve can stay patient on interest rate hikes, while escalation in Middle East hostilities added upside risk to the inflation outlook.The greenback slipped against ...
BOJ may face pressure to ramp up bond-buying if yields spike, ex-central bank policymaker says
TOKYO, July 16 : The Bank of Japan may face political pressure to ramp up bond buying if the benchmark 10-year yield breaks above the key 3 per cent threshold and puts Premier Sanae Takaichi's fiscal policy on the line, former central bank policymaker Seiji Adachi told Reuters.The stakes are hi ...
Nvidia expands Toyota AI partnership for smart cities, factories
They will deepen their partnership to advance physical AI in the real world, across the automotive and robotics sectors
Bank of Korea hikes rates for first time in 3.5 years to curb inflation and won slump
It says the economic growth rate for South Korea is expected to ‘considerably exceed’ the bank’s May forecast of 2.6%
Bank of Korea hikes rates for first time in 3½ years to curb inflation and won slump, signals more
South Korea’s economy has been rebounding faster than expected in 2026
Bank of Korea hikes rates for first time in 3½ years to combat inflation, won slump
South Korea’s economy has been rebounding faster than expected
United Airlines warns of nearly US$6 billion fuel hit as oil-price surge weighs on outlook
It priced Q2 adjusted earnings of US$1.99 per share, topping analysts’ estimate of US$1.88
Maybank initiates coverage on JustCo with ‘buy’ rating at $1.02
Lin Daoyi - Liu Miaomiao of Maybank Securities has on July 15 initiated coverage on the newly-listed JustCo Holdings with a “buy” rating and target price of $1.02. Liu believes her valuation is supported by metrics including visible earnings growth, improving occupancy and strong operating leverage. Liu’s ...
SK Hynix falls 8.4% as Asian equities retreat on chip sell-off, revived AI trade concerns
Investors assess whether strong earnings can sustain the AI rally after sharp swings in semiconductor stocks
Asian equities drop led by Kospi as chip sell-off revives AI trade concerns
Investors assessing whether strong earnings can sustain the AI rally after sharp swings in semiconductor stocks
Oil eases as traders lock in gains, assess Iran escalation
TOKYO/BEIJING, July 16 : Oil prices turned lower on Thursday as traders took profits while assessing the risks from a new wave of U.S. strikes on Iranian military installations that stoked fears of renewed full-scale conflict and supply disruptions in the Strait of Hormuz.The U.S. struck Iran's ...
Oil prices turn lower as traders weigh impact of renewed US strikes on Iran
TOKYO/BEIJING, July 16 : Oil prices turned lower on Thursday as traders took profits and evaluated the risks from a new wave of U.S. strikes on Iranian military installations, which fuelled fears of renewed full-scale conflict and supply disruptions in the Strait of Hormuz.The United States struck I ...
Oil prices rise for 4th day as US strikes on Iran raise fears of wider conflict
TOKYO, July 16 : Oil prices rose for a fourth straight day on Thursday after a new wave of U.S. strikes on Iranian military installations fuelled fears of renewed full-scale conflict and supply disruptions in the Strait of Hormuz.The United States struck Iran's coastal defences and missile site ...
Oil eases as traders weigh US-Iran conflict risks
July 16 : Oil prices eased on Thursday as traders weighed escalating tensions between the United States and Iran and the risks to oil supplies moving through the Strait of Hormuz.Brent crude futures were down 27 cents, or 0.32 per cent, to $84.68 a barrel at 1011 GMT, while U.S. West Texas Intermedi ...
Gold steadies as soft US inflation, Iran war risks cloud US Fed rate outlook
Trump has pledged to intensify bombardment until Teheran stops attacking ships and opens Hormuz
Gold steadies as soft US inflation, Iran war risk cloud US Fed rate outlook
Trump has pledged to intensify the bombardment until Teheran stops attacking ships and opens Hormuz
Stocks to watch: SIA, Frasers Property, ComfortDelGro, Clar, Lum Chang Creations
Deon Loke - [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 16):
UOBKH lifts Lum Chang Creations target price on mainboard transfer, order wins
Shikhar Gupta - The brokerage maintains a ‘buy’ with a higher target price of S$0.51
As Fed Chair Warsh sticks to policy silence, colleagues voice their views
Federal Reserve policymakers next meet in less than two weeks
SpaceX shares briefly slip below IPO price for first time as blistering rally unravels
It was the fourth consecutive day of declines for the stock
SpaceX shares briefly slip below IPO price for first time
It was the fourth consecutive day of declines for the stock
Gold, AI and more: Five key questions on investors’ minds for H2 2026 answered
Chloe Lim - Asia equities still have a strong growth story due to ‘reasonable’ valuations, experts say
Csquare IPO raises $1.05 billion as investors bet on AI boom
July 16 : Data center provider Csquare said on Thursday it raised $1.05 billion in its U.S. initial public offering as investors continued to back companies expected to benefit from the artificial intelligence boom.The Dallas-based company sold 50 million shares at $21 apiece, below its marketed ran ...
Brookfield-backed Csquare prices IPO at $21 per share, Bloomberg News reports
July 15 : Data center provider Csquare priced its initial public offering at $21 per share, Bloomberg News reported on Wednesday, citing sources.Brookfield the Dallas-based company's backer, is considering buying a portion of the offering, the report added.Reuters could not immediately verify t ...
Stripe, Advent offer to buy PayPal for more than US$53 billion, sources say
The acquisition would create one of the world’s largest global online payments companies
Nearly half of Japanese firms hurt by BOJ interest rate hikes - Reuters poll
TOKYO, July 16 : Nearly half of Japanese firms are experiencing negative business impact from the Bank of Japan's interest rate hikes, with higher borrowing costs hurting bottom lines and discouraging capital investment, a Reuters survey showed on Thursday.The BOJ ended its negative interest ra ...
World Cup’s ‘green flags’ and memes say much about today’s attention economy
Li Yuling - The tournament’s corporate value is also realised in micro-moments eternalised on social media feeds
BlackRock assets hit record US$15 trillion on boost from buoyant markets, ETF inflows
It has increased its planned share buybacks in 2026 to US$2 billion from US$1.8 billion
Oil steadies after gains as Hormuz ship attacks threaten supply
Crude has soared to its highest in about a month, as escalations in the Iran war revive concerns over flows from the...
Oil prices make small gain on smaller US inventory draw
Oil prices hit a one-month high on Tuesday
European shares eke out slim gains on luxury rebound even as war risks persist
The Stoxx 600 has gained just 0.27% so far this week
Thousands of entry-level PMET jobs are available, but the job hunt remains challenging for some fresh grads
There were 32,800 entry-level vacancies for professionals, managers, executives and technicians in March, according to official manpower data.
US stocks: Wall Street ends higher on cool inflation data, strong earnings
Data suggests that US inflation took a step in the right direction last month
Uber nears €12.5bn deal to acquire Delivery Hero, FT reports
July 15 : Uber is set to take over Delivery Hero in a deal valuing the German food delivery company at about €12.5 billion ($14.34 billion), the Financial Times reported on Wednesday.Delivery Hero confirmed it was in advanced negotiations with Uber regarding a potential takeover offer on Tuesday.H ...
