Leadership
Steady euro takes ECB rate cut in stride
THE euro wavered in a narrow range on Thursday (Jun 6) after the European Central Bank lowered rates from record highs after months of anticipation, ticking higher then briefly...
US: Wall Street steadies after labour market data; Nvidia boosts Nasdaq
The S&P 500 and the Dow opened little changed on Thursday (Jun 6) after jobless claims data indicated growing weakness in the US labour market, while gains in AI-favourite...
Aramco’s US$12 billion sale said to draw strong foreign demand
Foreign investors have flocked to Saudi Aramco’s US$12 billion share sale, people familiar with the matter said, marking a turnaround from the oil giant’s 2019 listing that ended up...
Sembcorp partners Bloom Energy to produce low-carbon power in Singapore
SEMBCORP Industries : U96 0% will work with US fuel cell provider Bloom Energy on the “potential utilisation” of the latter’s low-carbon power generation technologies in Singapore.The collaboration will...
Sinopec unit agrees 7.956 billion yuan deal to build gas pipelines for Saudi Aramco
A SINOPEC service unit said on Thursday (Jun 6) it has signed a 7.956 billion yuan (S$1.5 billion) deal to build natural gas pipelines for Saudi state oil company...
Most regional indices boosted by ECB rate cut expectations, but STI ends flat
SINGAPORE equities ended Thursday (Jun 6) largely unchanged, as signs point to the European Central Bank (ECB) cutting interest rates for the first time since 2019.The benchmark Straits Times...
Russia says rejecting its gas will have cost Europe 1 trillion euros by end-2024
Europe’s cumulative “losses” from cutting purchases of Russian gas have reached 700 billion euros ($761 billion) to date and will hit 1 trillion euros (S$1.46 trillion) by the end...
Airline group aims to lure travellers by cutting transit hassles
FLYING multiple airlines to get to your ultimate destination comes with a myriad of hassles. A global airline group led by American Airlines and British Airways is aiming to...
