Lifestyle
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...
Temasek to divest entire stake in Pavilion Energy to Shell
TEMASEK’s indirect wholly owned subsidiary, Carne Investments, will sell its entire stake in Pavilion Energy to Shell Eastern Trading, a subsidiary of the global oil giant.Pavilion Energy, a Singapore-based...
Singapore’s May air freight jumps 20%; port’s box throughput highest this year
THE congestion at sea has benefited air transport, with Singapore’s Changi Airport reporting a 20 per cent year-on-year jump in air freight handled to 170,000 tonnes in May, from...
Thai central bank chief warns against inflation target reset
THAILAND’S central bank governor warned that any move to raise the monetary authority’s inflation target may unanchor expectations and result in quickening price gains, which carries risks for economic...
Singapore-based Trafigura tops inaugural Fortune 500 ranking for S-E Asia
COMMODITY trader Trafigura has come in first on the inaugural South-east Asian edition of the Fortune 500 list, a ranking of the largest companies by revenue. On Tuesday (Jun...
Australia will launch ‘holistic’ payments review under new remit
AUSTRALIA’S central bank is working with the government to modernise the country’s regulatory framework for retail payments, following which it will launch a “holistic review” of the sector, a...
