Posts by Riah Marton
Japan’s Nikkei ends at 6-month high, tracking Wall Street rally
[TOKYO] Japan’s Nikkei share average closed at a six-month high on Friday (Jun 27), as technology stocks tracked Wall Street’s robust finish overnight. The Nikkei jumped 1.43 per cent to 40,150.79, its highest closing level since Dec 27. The index rose 4.6 per cent for the week, its sharpest weekly gain since the week of…
Read MoreJapan private-sector rice imports soar in May
Published Fri, Jun 27, 2025 · 03:55 PM [TOKYO] Japan’s private-sector rice imports rocketed higher in May as the country grapples with supply shortages that have become a major headache for both consumers and policymakers. Some 10,600 metric tons of so-called staple rice – which is consumed at meals as opposed to rice used for…
Read MoreNikkei Surpasses 40,000 as Global Stocks Rise, Dollar Sinks to 3.5-Year Low
Global stock markets finished the week on an upbeat note, lifted by optimism over interest rate cuts and receding geopolitical risks. MSCI’s Asia-Pacific index excluding Japan was up 0.2%, a new high since November 2021, putting it on track for a 3% weekly gain. Japan’s Nikkei surged 1.5%, punching above the 40,000 mark for the…
Read MoreBurqa-Clad Statue of Liberty Image Sparks Islamophobic Uproar After Zohran Mamdani’s NYC Win
The victory of Zohran Mamdani—a democratic socialist of Indian Muslim heritage—in a key Democratic primary in New York City has become a lightning rod for controversy. As celebrations broke out among supporters, a very different reaction was brewing online. A digitally altered image of the Statue of Liberty wearing a black burqa began circulating across…
Read MoreZohran Mamdani: Embarrassment for NYC Mayoral Candidate after His Rap Video Is Played During Live Interview [WATCH]
![Zohran Mamdani: Embarrassment for NYC Mayoral Candidate after His Rap Video Is Played During Live Interview [WATCH]](https://data.ibtimes.sg/en/full/82218/zohran-mamdani.jpg "Zohran Mamdani: Embarrassment for NYC Mayoral Candidate after His Rap Video Is Played During Live Interview [WATCH]")
It was quite an embarrassment. Democratic socialist Zohran Mamdani’s 2019 rap video unexpectedly gained national attention on Thursday night during a cringe-worthy moment in a live CNN interview that visibly left the New York City mayoral candidate uncomfortable. Mamdani was a guest on Erin Burnett OutFront, where the host kicked off his segment by playing…
Read MoreJapan’s NTT lodges listing prospectus for Reit, set to be Singapore’s largest IPO in four years
[SINGAPORE] Japanese telco Nippon Telegraph and Telephone (NTT) is spinning off some of its data centres into a Singapore-listed real estate investment trust, or S-Reit, marking what is likely to be the largest Singapore listing in four years. The last company to list at this size was the US$977 million IPO of Digital Core Reit…
Read MoreHow Did Rick Hurst Die? ‘Dukes of Hazzard’ Actor Dies Suddenly and Unexpectedly Aged 79 Days Before Planned Fan Event
Rick Hurst, best known for his role in the original “The Dukes of Hazzard” series during the late 1970s and early 1980s, has died at the age of 79. His wife, Candace Kaniecki, confirmed the news to TMZ on Thursday. She revealed that the beloved television actor died suddenly earlier on Thursday. No official cause…
Read MoreS’pore semiconductor stocks soar, notch weekly surge on boost from domestic, global tailwinds
[SINGAPORE] Semiconductor listcos were trading higher on Friday (Jun 27) morning, notching double-digit gains over the week as a slew of domestic and global developments spelt potential tailwinds for the chip industry. A buoyant sector outlook, pushback against tariff threats and the opening of a S$123 million facility enabling Singapore to produce the chips were…
Read MoreAEM, UMS, Frencken lead semiconductor stock surge; robust weekly gains ride on domestic, global tailwinds
[SINGAPORE] Semiconductor listcos were trading higher on Friday (Jun 27) morning, notching double-digit gains over the week as a slew of domestic and global developments spelt potential tailwinds for the chip industry. A buoyant sector outlook, pushback against tariff threats and the opening of a S$123 million facility enabling Singapore to produce the chips were…
Read MoreSeoul asks Temu, AliExpress to pull children’s products over safety concerns
[SEOUL] The Seoul city government has asked online retail giants Temu and AliExpress to suspend sales of certain children’s products over safety concerns, saying Friday that some goods far exceeded local limits for hazardous substances. Chinese e-commerce titans like Shein, Temu and AliExpress have seen a surge in global popularity in recent years, drawing in consumers…
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