Leadership
Monopoly maker Hasbro cuts 3% of total workforce amid higher tariff costs
Published Wed, Jun 18, 2025 · 06:55 AM[BENGALURU] Hasbro has cut 3 per cent of its global workforce in its latest effort to shave costs as it looks to...
Oil prices rise more than 4% as Iran-Israel conflict escalates
[HOUSTON] Oil prices climbed over 4 per cent on Tuesday (Jun 17) as the Iran-Israel conflict raged with no end in sight, though major oil and gas infrastructure and...
Global shipping not disrupted by Israel-Iran conflict for now, but impact likely nuanced
[SINGAPORE] The Israel-Iran conflict has not disrupted global shipping – for now – but the likely impact on the industry might be more nuanced.Pacific International Lines (PIL), which focuses...
Australian resort operator GemLife IPO to raise up to A$750 million, says Thakral
[SINGAPORE] An associate of property investor Thakral Corporation has launched an initial public offering (IPO) to raise up to A$750 million (S$628.2 million) at an implied post-money valuation of...
Record central banks expect gold reserves to rise amid de-dollarisation: survey
[SINGAPORE] A record high number of central banks are expecting a gold buying spree among the reserve managers in the next 12 months, based on data released by World...
Despite law, US TikTok ban likely to remain on hold
[SAN FRANCISCO] US President Donald Trump is widely expected to extend the Thursday deadline for TikTok to find a non-Chinese buyer or face a ban in the United States.It...
Gold recovers as Middle East tensions buoy demand; Fed meeting in focus
[BENGALURU] Gold prices rebounded on Tuesday (Jun 17), as rising tensions between Israel and Iran buoyed demand for the safe-haven asset, while investors looked forward to the outcome of...
Stocks to watch: SIA, Q&M Dental Group, Cordlife
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jun 17):Singapore Airlines (SIA): The national carrier and its low-cost arm Scoot reported a...
SoftBank sells T-Mobile stake for US$4.8 billion to bet on AI
The Tokyo-based technology group sold 21.5 million T-Mobile shares for US$224 eachPublished Tue, Jun 17, 2025 · 07:20 AM — Updated Tue, Jun 17, 2025 · 05:06 PM[NEW YORK]...
OpenAI executives have discussed accusing Microsoft of anticompetitive behavior: WSJ
EXECUTIVES at OpenAI have discussed accusing the company’s major backer, Microsoft, of anticompetitive behaviour during their partnership, the Wall Street Journal reported on Monday, citing people familiar with the...