Leadership
US investors, Asia’s ultra-rich drive growth in Asia-Pacific private credit
[SINGAPORE] A slight uptick in private-credit fundraising in Asia-Pacific (Apac) last year has given market players optimism for a positive 2025, even as investors continue to avoid China. They said...
Tesla to build first grid-scale power plant in China
Published Sun, Jun 22, 2025 · 11:00 AM[NEW YORK] Tesla announced on Friday (Jun 20) that it signed an agreement to build its first grid-scale energy storage power station...
Oil prices settle lower as US sanctions ease fears of escalation in Iran
[HOUSTON] Oil prices settled down on Friday (Jun 20) as the US imposed new Iran-related sanctions, marking a diplomatic approach that fed hopes of a negotiated agreement, a day...
Singapore shares end Friday in the red amid mixed regional showing; STI down 0.3%
[SINGAPORE] Local stocks ended lower on Friday (Jun 20), amid a mixed regional performance and growing concerns over a possible US military strike on Iran. The benchmark Straits Times...
Singapore’s banking hub has a busy corner where cash is still king
[SINGAPORE] In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there’s a crowded building where cash still reigns.Six...
ArcelorMittal drops plans for green steel in Germany due to high energy costs
Published Fri, Jun 20, 2025 · 07:06 AM[BERLIN] ArcelorMittal, the world’s second-largest steelmaker, said on Thursday it had dropped plans to convert two plants in Germany to carbon-neutral production...
Europe: Shares dive as Middle East tensions, US involvement fears weigh
EUROPEAN shares skidded to an over one-month low on Thursday as escalating Middle East tensions and fears over potential US involvement rattled investors.The pan-European Stoxx 600 closed down for the third...