Technology
China makes pitch for more private cash in cross-border projects
[BEIJING] China’s Finance Minister Lan Fo’an has urged a greater role for private investment in ensuring sustainable funding for cross-border infrastructure, warning that emerging countries are running short of...
Bank of Japan board divided over rate pause and inflation risks, June summary shows
[TOKYO] Some Bank of Japan (BBOJ) policymakers called for keeping interest rates steady for the time being due to uncertainty over the impact of US tariffs on Japan’s economy,...
New Zealand-based Xero forks out over US$2.5 billion to buy US fintech firm Melio
The deal will be funded through a placement to raise US$1.2 billion, a US$400 million unsecured credit facility, among othersPublished Wed, Jun 25, 2025 · 08:50 AM[BENGALURU] Xero, New...
Sembcorp unit prices S$300 million fixed rate notes at 3.55%
The offering is close to seven times oversubscribed against the target issuance size [SINGAPORE] Sembcorp Industries announced on Wednesday (Jun 25) that its wholly owned subsidiary Sembcorp Financial Services...
Daiwa plans 100 billion yen real estate fund as Japan market booms
[TOKYO] Daiwa Securities Group plans to launch a real estate fund with two partners, tapping investor demand for a piece of Japan’s booming property market.The Japanese brokerage will collaborate...
FedEx forecasts profits below analysts’ target, shares dive 5% after hours
[LOS ANGELES] FedEx signalled caution ahead with a forecast for the current quarter that was short of the target set by analysts, and shares of the delivery giant dived...
US: Iran-Israel ceasefire lifts stocks
[NEW YORK] Wall Street stocks jumped on Tuesday (Jun 24) as an Iran-Israel ceasefire appeared to hold through its first day and oil prices continued their retreat.Major indices spent...
Who Is Ribvar Karimi? Iranian Army Sniper and Hezbollah-Linked Terrorist Who Has an American Wife Arrested as Trump Warns of Sleeper Cell Attacks
An Iranian army sniper and a suspected terrorist linked to Hezbollah are among the several illegal migrants living in the US who have been arrested by ICE since Sunday....
