Lifestyle
US: Wall Street steady at open after retail sales data
Wall Street indexes opened flat to slightly higher on Tuesday (Jun 18) following soft retail sales data, with commentary awaited from a slew of Federal Reserve officials later in...
Parent of India’s Vedanta proposes to cut debt by US$3 billion over next three years
Vedanta Resources, Indian miner Vedanta’s UK-based parent company, will seek to cut its debt by US$3 billion over the next three years, its chairman said in an annual report...
HSBC Switzerland breached money laundering rules: Swiss watchdog
FINMA, the Swiss financial watchdog, said on Tuesday (Jun 18) that the local HSBC branch has breached its obligations in the prevention of money laundering in connection with two...
China securities regulator vows to strengthen oversight, resolve risks
CHINA’S securities regulator said on Tuesday (Jun 18) it will strengthen regulation of all financial activities and prevent and resolve risks, in a move to improve and reform financial...
Singtel-TM joint venture to develop data centres in Malaysia, enhance digital connectivity
SINGTEL’S regional data centre business, Nxera, is partnering Malaysia telco TM to develop data centres, starting with a data centre campus in Johor, the joint venture (JV) said on...
Singapore stocks rise, tracking regional bourses; STI up 0.1%
SINGAPORE stocks started the week in the black on Tuesday (Jun 18), after markets reopened following the Hari Raya Haji holiday the day before.The benchmark Straits Times Index (STI)...
EU says to delay core element of Basel bank capital rules
THE European Union will peg back implementation of a core element in the final leg of global rules governing bank capital by one year to January 2026, citing a...
AI can help shipping industry cut down emissions, report says
THE global commercial shipping industry could cut down its carbon emissions by 47 million tonnes per year by deploying artificial intelligence for sea navigation, a study by autonomous shipping...
