Leadership
Yen’s six-day slump highlights risk of Japan intervention
THE yen capped its longest losing streak since March and closed at a 34-year low, ramping up the risk that Japanese officials will once again step in to prop...
Oil prices rise on US crude draw; jobs data feeds rate cut hopes
OIL futures climbed on Thursday after the US Energy Information Administration (EIA) reported a draw on crude oil and data showing a cooling jobs market that stoked hopes the...
Nestle, Coke take cautious approach to catering to Ozempic users
NESTLE’S new food brand for people taking weight-loss drugs like Wegovy will note that the meals are high in protein, fibre and nutrients, but will not name the blockbuster...
Biden to ban US sales of Kaspersky software over ties to Russia: source
THE Biden administration on Thursday (Jun 20) will announce plans to bar the sale of Kaspersky Lab’s antivirus software in the United States, a person familiar with the matter...
US: S&P 500, Nasdaq open higher on Nvidia boost
The S&P 500 and the Nasdaq opened higher on Thursday (Jun 20), propelled by a rally in Nvidia, while investors assessed the recent batch of economic data and commentary...
China says EU mandated its EV firms turn over ‘unprecedented’ amounts of data
THE European Commission sought an unprecedented amount of detailed information on Chinese automakers’ supply chains during its investigation into the country’s subsidised electric vehicle imports, China’s commerce ministry said...
Paragon Reit to divest The Rail Mall for S$78.5 million
Divestment to be completed in H2 2024, and is not expected to affect net asset value or distribution per unit for FY2024 PARAGON Real Estate Investment Trust has entered into...
STI dips 0.1% on Thursday as regional central banks hold rates steady
SINGAPORE shares fell on Thursday (Jun 20) as central banks in the region maintained their benchmark lending rates.The People’s Bank of China left its one-year loan prime rate at...
