Leadership

China’s biotech moment ignites a 60% stock rally that beats AI
China’s biotech moment ignites a 60% stock rally that beats AI
June 15, 2025
China’s biotechnology stocks have shaken off a four-year slump to be among the hottest performers in Asia this year and funds are tipping further gains.The Hang Seng Biotech Index...
Diversified S-Reits’ operating performance remains resilient amid market uncertainties
Diversified S-Reits’ operating performance remains resilient amid market uncertainties
June 15, 2025
[SINGAPORE] Diversified real estate investment trusts (Reits) hold a mixture of assets across multiple sub-sectors such as industrial, retail, office and hospitality, offering investors the prospect of portfolio stability...
Europe: Shares tumble as Israel-Iran conflict escalates
Europe: Shares tumble as Israel-Iran conflict escalates
June 13, 2025
EUROPEAN shares closed lower on Friday (Jun 13) as Israel’s wide-scale strike against Iran triggered a broad market selloff, with investors rushing to safe-haven assets amid an already uncertain...
Oil settles up 7% as Israel, Iran trade air strikes
Oil settles up 7% as Israel, Iran trade air strikes
June 13, 2025
[HOUSTON] Oil prices jumped on Friday (Jun 13) and settled 7 per cent higher as Israel and Iran traded air strikes, feeding investor worries that the combat could widely...
Thakral associate GemLife inks underwriting agreement for Australian IPO launching ‘very shortly’ 
Thakral associate GemLife inks underwriting agreement for Australian IPO launching ‘very shortly’ 
June 13, 2025
The company holds an effective interest of 31.7 per cent in GemLife, a lifestyle resorts business in Australia[SINGAPORE] Mainboard-listed Thakral Corp’s associate GemLife has signed an underwriting agreement for...
Novo Nordisk overtakes SAP as Europe’s most valuable company
Novo Nordisk overtakes SAP as Europe’s most valuable company
June 13, 2025
Published Fri, Jun 13, 2025 · 05:38 PM[COPENHAGEN] Novo Nordisk reclaimed its position as Europe’s most valuable public company, overtaking software developer SAP. Shares in the Danish drugmaker climbed as...
Meta finalises investment in Scale AI, valuing startup at US billion
Meta finalises investment in Scale AI, valuing startup at US$29 billion
June 13, 2025
META Platforms has finalised an investment in Scale AI that values the startup at over US$29 billion, Scale AI said on Thursday.Two sources familiar with the matter said that...
Stocks to watch: SIA, Boustead
Stocks to watch: SIA, Boustead
June 13, 2025
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jun 13).Singapore Airlines (SIA): An Air India plane bound for London crashed moments...
Oil settles up 7% as Israel, Iran trade air strikes
Oil settles lower as traders gauge Middle East tensions
June 12, 2025
[NEW YORK] Oil prices settled slightly lower on Thursday as traders booked profits from a 4 per cent rally in the prior session, driven by concerns that worsening tensions in the...
Europe: Shares drop as trade optimism wanes, geopolitical tensions rise
Europe: Shares drop as trade optimism wanes, geopolitical tensions rise
June 12, 2025
EUROPEAN equities logged their fourth consecutive decline on Thursday as trade optimism dimmed, while mounting geopolitical tensions prompted a pullback from risk assets.The pan-European Stoxx 600 closed 0.33 per cent lower...