Posts by Riah Marton
SGX RegCo, MAS proposals viewed as positive step forward but inadequate without deeper market reform
[SINGAPORE] The Singapore stock market will need deeper structural reforms to address longstanding challenges, market watchers told The Business Times. While market participants were mostly positive about proposals unveiled by Singapore Exchange Regulation (SGX RegCo) and the Monetary Authority of Singapore (MAS) on Thursday (May 15), they said that these might not be enough to…
Read MoreSGX RegCo, MAS proposals are a positive step forward, but inadequate without deeper market reform: market watchers
[SINGAPORE] The Singapore stock market will need deeper structural reforms to address longstanding challenges, market watchers told The Business Times. While market participants were mostly positive about proposals unveiled by Singapore Exchange Regulation (SGX RegCo) and the Monetary Authority of Singapore (MAS) on Thursday (May 15), they said that these might not be enough to…
Read MoreAustralia’s richest woman doubles US stocks bet to US$2.5 billion
Most of Rinehart’s new investment goes into simple index trackers for the Nasdaq 100, S&P 500 and Dow Jones Industrial Average Published Fri, May 16, 2025 · 06:54 PM [SYDNEY] Billionaire mining magnate Gina Rinehart poured hundreds of millions of US dollars into broad market-tracking funds during the first three months of the year, boosting…
Read MoreThe Best Candles That Smell Like a Beach Day: Fresh, Coastal & Sun-Kissed Scents for Instant Ocean Vibes
Our writers and editors independently determine what we cover and recommend. When you buy through our links, E! may earn a commission. Learn more. If you’ve ever wished you could bottle the feeling of a perfect beach day, you’re not alone. Luckily, the best candles that smell like a beach day bring those fresh, coastal vibes…
Read MoreSan Francisco Police Fatally Shoot Man Who Pointed Fake Gun at Them
A man was shot dead by police after authorities said he ran away and then pointed a fake gun at them in South Francisco As reported by ABC7, the incident took place near the Oyster Point Marina around 7 p.m. Wednesday when police say the man tried to break into a public bathroom. Investigators did…
Read MorePacific International Lines’ FY2024 net profit quadruples to US$1.3 billion
[SINGAPORE] Pacific International Lines (PIL) on Friday (May 16) posted a net profit of US$1.3 billion for the FY2024 ended Dec 31, 2024, more than quadrupling from US$306.9 million the previous year. This was attributed to a significant growth in its operating revenue as well as effective cost management. Earnings before interest, taxes, depreciation and…
Read MoreUnitedHealth Under Criminal Investigation for US Medicare Advantage Fraud
The American healthcare industry has been under intense scrutiny in recent months, for fears over how private insurers administer federal Medicare money. In early 2025, some of the biggest health insurers were accused of paying bribes to brokers to send patients into their Medicare Advantage plans. The purported abuse of government programs has prompted investigations and…
Read MoreJames Comey: Secret Service Probes Former FBI Chief after He Called for Assassination of Trump in Now-Deleted ‘8647’ Instagram Post
The Secret Service has launched an investigation into former FBI Director James Comey following allegations that implied President Trump “should be assassinated” in now-deleted Instagram post. Comey shared a cryptic image on his Instagram account on Thursday afternoon, showing a collection of seashells arranged to spell out: “86 47.” That particular number sequence has been…
Read MoreNo material impact from tariffs on bookings for now: SIA CEO
[SINGAPORE] Singapore Airlines (SIA) has not seen any significant impact of the US tariff turmoil on its bookings for now, chief executive Goh Choon Phong said at its financial results briefing on Friday (May 16). He said: “At this point in time, based on what we can see in bookings, we do not see any…
Read MoreSingtel sells 1.2% direct stake in India’s Bharti Airtel for S$2 billion
[SINGAPORE] Telecommunications service provider Singtel has sold around 1.2 per cent of its direct stake in regional associate Bharti Airtel for S$2 billion. This is part of its active capital management approach to optimise its asset portfolio and drive shareholder returns sustainably, the group said in a bourse filing on Friday (May 16). Singtel has…
Read More