Leadership
Stocks to watch: DBS, UOB, Sats, Far East Orchard, GuocoLand, Elite UK Reit
THE following companies saw new developments that may affect trading of their securities on Thursday (Jun 19): DBS: The lender inked a memorandum of understanding with the the Australian Trade...
Airbus hits US$21 billion orders at Paris Air Show as Boeing focuses on India crash
[PARIS] Airbus secured more aircraft orders on Wednesday, raising its total to US$21 billion at this week’s subdued Paris Air Show, while rival Boeing opted not to announce new sales...
Europe: Shares fall as Middle East tensions weigh; eyes on Fed decision
EUROPEAN shares declined on Wednesday as investors awaited the Federal Reserve’s monetary policy decision, with ongoing tensions in the Middle East adding to market uncertainty.The pan-European Stoxx 600 index closed 0.36...
Sats prices US$100 million in fixed-rate notes at 4.648%
[SINGAPORE] In-flight caterer and ground handler Sats on Wednesday (Jun 18) priced US$100 million in fixed-rate notes due Jun 23, 2030, at 4.648 per cent.The Series 003 notes will...
Inside Wilmar’s graft probe: How a cooking oil crisis led to a multitrillion rupiah corruption scandal
[SINGAPORE] Indonesian authorities in May seized 11.8 trillion rupiah (S$928 million) from global palm oil company Wilmar as part of an ongoing corruption case involving allegations of bribery to...
Meta offered US$100 million bonuses to poach OpenAI employees: CEO Altman
[NEW YORK] Meta offered US$100 million bonuses to OpenAI employees in an unsuccessful bid to poach the ChatGPT maker’s talent and strengthen its own generative AI teams, the startup’s...
CEO’s wealth hits US$33 billion as unprofitable Chinese medicine firm’s stock soars
[NEW YORK] A blistering rally in a tiny, money-losing traditional Chinese medicine company’s stock has vaulted its founder’s net worth to among the world’s largest fortunes.
The firm, Hong Kong-based...
China’s rare earth exports slump in May as magnet sales curbed
The data for last month shows the extent to which export controls in place since early April had curbed shipmentsPublished Wed, Jun 18, 2025 · 03:29 PM[BEIJING] China’s exports...
