Koh of UOBKH maintains 'buy' on UIBREIT with growing presence in 'high value' aerospace industry
The Edge Singapore - Jonathan Koh of UOB Kay Hian has reiterated his bullish call on UI Boustead REIT for a second time in three weeks, on the premise that the REIT is gaining a distinct edge with its strong presence in the high value, growing aerospace industry. Just last week, Bombardier announced it is spending $100 ...
‘Not just a venue manager’: The Kallang goes all out to court the world’s top concerts and sports events
Lee U-Wen - More are willing to spend on unique, memorable experiences than on physical goods, says chairman Keith Magnus
Tesla presented misleading ‘Full Self-Driving’ safety data to European regulators
Researchers interviewed by Reuters said Tesla’s figures are highly misleading
US cybersecurity firm N-able opens India GCC, plans 50% local workforce expansion by end-2026
June 15 : U.S.-based cybersecurity firm N-able Inc plans to expand its India workforce by at least 50 per cent by the end of 2026, targeting the country's deep pool of AI and cybersecurity talent, CEO John Pagliuca said.N-able, which provides IT management, cybersecurity, and data protection so ...
Exclusive-Tesla presented misleading ‘Full Self-Driving’ safety data to European regulators
June 15 : In its efforts to secure European approval of its “Full Self-Driving” (FSD) system, Tesla has presented self-published safety statistics to regulators in Sweden and the Netherlands that independent traffic-safety researchers have said amount to misleading marketing.A Reuters examinatio ...
Europe’s Stoxx 600 hits record high after US-Iran preliminary peace deal
A majority of sectors advanced in trading
Hong Kong insurance regulator vows crackdown on rule-breakers
This includes companies that evade recent curbs on broker fees and policy rates
Britain to ban social media for under-16s
LONDON, June 15 : British Prime Minister Keir Starmer said on Monday he would ban social media sites for all under-16s, saying it was needed to protect the wellbeing of children.
China bonds emerge as surprise haven as Iran war reshapes portfolios
Near-zero correlation with Western markets draws foreign buyers
Jobs requiring AI skills command pay premiums in Singapore: PwC
Nurdianah Md Nur - Singapore employers are seeking workers who can use artificial intelligence (AI) in their day-to-day jobs. Such roles accounted for 82% of AI-related job postings last year, outnumbering jobs for AI developers, according to PwC’s 2026 Global AI Jobs Barometer for Singapore. PwC defines AI user job ...
Australia’s ASX admits to misleading on software upgrade, agrees to A$20.5 million penalty
It will also pay A$3 million towards ASIC’s costs in addition to the penalty
What the Iran-US peace deal means for businesses
The agreement offers real economic relief, but the hard work starts now – and companies should remain cautious
Asia’s oil-thirsty economies cautiously welcome US-Iran deal
The deal raises questions on whether Asian countries will return to their pre-war reliance on the strait
Singapore public sector commands highest AI salary premium as job postings surge: PwC study
Shikhar Gupta - The share of artificial intelligence-related listings is up at 5.3% in 2025, from 3.3% the previous year
Musk says SpaceX could bring US$1 trillion in revenue by 2030
However, some Wall Street analysts cautioned about the company’s growth
Inference: The unsung hero of enterprise AI in Asia Pacific
Jay Tuseth - Across Asia Pacific and Japan (APJ), the AI conversation has been dominated by the glamour of model training: building increasingly complex language models, sourcing vast datasets, and running GPU clusters that rival the cost of major infrastructure projects. Yet this is only half the story. The rea ...
Analysis:Why an Iran peace deal won't pull the yen back from the brink
TOKYO, June 15 : War in the Middle East pushed the yen to the brink of multi-decade lows and prompted the government to prop it up - a peace deal, however, won't pull it back from the precipice.Stocks and bonds soared on Monday on news of the planned Iran-U.S. halt to a war that has inflamed gl ...
Singapore sells less marine fuel in May, likely due to cheaper bunker in China
Tay Peck Gek - Although prices have dropped, they are still much higher than before the conflict in the Middle East
Singapore marine fuel sales fall 6.8% in May, likely due to cheaper bunker in China
Tay Peck Gek - While prices have declined, they are still much higher than before the Middle East conflict broke out
Starbucks Korea to give staff history training after backlash over ‘Tank Day’ marketing campaign
The coffee chain faces widespread criticism in South Korea and suffers a “very significant” drop in sales after the campaign in May
Starbucks Korea to give staff history training after backlash over marketing campaign in South Korea
The coffee chain faces widespread criticism and suffers a “very significant” drop in sales after last month’s campaign
Starbucks Korea to give staff history training after backlash over marketing campaign
The coffee chain faces widespread criticism and suffers a “very significant” drop in sales after last month’s campaign
Musk says SpaceX could bring $1 trillion in revenue by 2030
June 15 : Elon Musk said on Sunday that his rocket company, SpaceX, could bring in $1 trillion in revenue by 2030, making the statement two days after the company went public, valuing it at over $2 trillion. "And I would be surprised if revenue is not greater than $1T in 2031," he wrote on ...
India's Electronics Mart eyes new markets as tech hubs fear job losses
June 15 : Hyderabad-based Electronics Mart India is looking to diversify away from the technology hub as concerns grow that potential AI-triggered job losses could hurt consumer spending, a top executive said.The retailer gets about 60 per cent of its revenue from Hyderabad, which hosts offices of g ...
New private home sales at three-month low in May, with only one major new launch; developers sell 447 units in all
Chong Xin Wei - Still, the latest May sales figure was 43.3% higher than its equivalent in the same month a year earlier
New private home sales fall to three-month low in May with 447 units sold
Chong Xin Wei - Still, the latest May sales figure was 43.3 per cent higher than its equivalent in the same month a year earlier
BBC to cut hundreds of jobs in Britain in news division downsize: Report
Departments across BBC have been ordered to cut about a tenth of their costs under wider plans expected to result in a total of about 2,000 jobs lost to save hundreds of millions of pounds, according to a Financial Times report.
South Korea watchdog probes brokerage over failed SpaceX IPO share allocation
The move comes after Mirae Asset failed to secure SpaceX shares despite accepting investor deposits
Singapore retrenchments climb in Q1, with sharpest rise in incidence among degree holders, older workers: MOM
The notable shift in retrenchment incidence among higher-educated workers reflects the ongoing restructuring in the professional and knowledge-intensive sectors, says the ministry.
Singapore’s total employment growth slows in Q1; job vacancies dip while retrenchments inch up
Elysia Tan - Labour market conditions should stay resilient, but firms will be more cautious in hiring, raising wages: MOM
Investment story trumps size for Reits; the key is to be sufficiently differentiated
Leslie Yee - Learning lessons from the contrasting fortunes of Centurion Accommodation Reit and UI Boustead Reit
SpaceX’s shares ‘significantly overvalued’, says Morningstar analyst
Felicia Tan - SpaceX’s shares, priced at US$135 ($173.05) at its initial public offering (IPO), are “significantly overvalued” due to the “wide range” of likely financial outcomes, says Morningstar analyst Nicolas Owens. The company debuted on the Nasdaq on June 12 with shares trading at US$150, 11% abo ...
Starbucks Korea to shutter outlets for history lessons after 'Tank Day' fiasco
All employees at Starbucks Korea stores will "receive education in historical awareness and social sensitivity through watching videos", said Shinsegae Group, which operates the outlets.
Shipowners seek clarity on US-Iran deal to open Hormuz as 600 vessels eye exit from strait
With limited information so far, there was little activity in the strait in the early hours of Jun 15
