China’s wealth fund pulls plug on US$1 billion private equity sale
China’s sovereign wealth fund has pulled its planned sale of US$1 billion in US fund stakes tied to some of the biggest names in private equity. Earlier this year, China Investment…
Section
Fashion
Daiwa plans 100 billion yen real estate fund as Japan market booms
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…
BlackBerry raises annual revenue forecast on robust demand for cybersecurity services
The Waterloo-based company now sees fiscal year 2026 revenue in the range of US$508 million to US$538 million, up from its earlier forecast of US$504 million to US$534 million …
Oil prices drop 6% as Israel-Iran ceasefire reduces Middle East supply risk
Oil prices fell 6 per cent on Tuesday (Jun 24) to settle at a two-week low, on expectations the ceasefire between Israel and Iran will reduce the risk of oil supply disruptions in the…
US: Iran-Israel ceasefire lifts stocks
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 the entire day…
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. Ribvar Karimi, who…
Who Was Gloria Zamora? Fitness Influencer and Her Date Killed by Jealous Estranged Husband Before Being Shot Dead by Off-Duty Cop
A popular fitness influencer and the man she was dating were shot and killed by her jealous, estranged husband — who was later shot dead by an off-duty police officer in California,…
Frasers Centrepoint Trust prices S$200 million perpetual securities at 3.98%
Frasers Centrepoint Trust’s (FCT) trustee HSBC Institutional Trust Services has priced S$200 million subordinated perpetual securities at 3.98 per cent under its S$3 billion multicurrency…
What is Mu? Microsoft Launches Small AI Model That Runs Fast and Private on Your PC
Technology giant Meta has moved a step ahead in making AI competition more interesting by launching a new AI tool, Mu, a small yet powerful language model designed to run directly on your…
Bitcoin Surges Past $106K as Ceasefire Hopes Ease Market Jitters, Institutional Bets Climb
The cryptocurrency market saw a sharp turnaround on Monday, June 24, 2025, as Bitcoin (BTC) surged past the $106,000 mark following news of a possible ceasefire between Iran and Israel.…
Trump Slams Israel and Iran for Ceasefire Breach, Warns of Escalation
President Donald Trump lashed out at Israel and Iran on Tuesday, accusing both sides of undermining a fragile ceasefire and warning their actions risk reigniting conflict. "These guys have…
US: Wall St indexes open higher after Trump's Israel-Iran ceasefire announcement
Wall Street’s main indexes opened higher on Tuesday (Jun 24) as President Donald Trump announced a ceasefire between Israel and Iran, calming investor nerves after the 12-day…
Finding opportunities in disclosures
Sustainability and climate reporting continue to face widespread resistance among businesses – many of which do not view these issues as material or consistent with business objectives.…
Singapore: 27-Year-Old Man Arrested for Alleged Loan Shark Harassment in Yishun
A 27-year-old man was arrested on Monday, June 23, for his suspected involvement in a case of loan shark harassment. The Singapore Police Force issued a statement saying that they were…
46-Year-Old Woman Arrested for Importing, Selling Counterfeit Products in Singapore
A 46-year-old woman was arrested on suspicion of importing and selling fake goods at improvised booths throughout Singapore. The Singapore Police Force (SPF) issued a press release on…
Big US banks expected to ace stress tests, boost dividends
The biggest US lenders are expected to clear the Federal Reserve’s annual health check this year, showing they have ample capital that can be used to boost dividends, analysts said. The…
Singapore shares rise on Israel-Iran ceasefire; STI up 0.7%
Local shares ended higher on Tuesday (Jun 24), tracking a rally on Wall Street after the US brokered a ceasefire in the conflict between Israel and Iran. The benchmark Straits Times Index…
Cobra Kai Star Alicia Hannah-Kim Accuses Martin Kove of Biting, Assaulting Her during Fan Convention
Cobra Kai star Alicia Hannah-Kim has accused actor Martin Kove of biting and assaulting her during Washington State Summer Con in Puyallup. The organizers of the fan convention reportedly…
Global Markets Jump, Oil Drops 3.4% as Trump Claims Israel-Iran Ceasefire
US President Donald Trump announced a ceasefire between Iran and Israel through a social media post, though Iran and Israel continued their strikes on each other's capitals. But the news…
Citi appoints Nathan Swami as new head of markets for Singapore
He has more than 17 years of experience working with the bank in Singapore, primarily within the Apac trading division [Singapore] Citi on Tuesday (Jun 24) named its head of foreign…
Toyota crashes Indonesia’s used-car party with $120m bet
It’s an alliance everyone saw coming. After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for the country’s used-car market. The Japanese…
Toyota crashes Indonesia’s used-car party with US$120 million bet
It’s an alliance everyone saw coming. After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for the country’s used-car market. The Japanese…
Jensen Huang starts selling Nvidia stock under US$865 million plan
IA Corp chief executive officer Jensen Huang has started selling the chipmaker’s stock, his first transactions under a plan that allows him to offload up to US$865 million…
Australia: Banks, miners lift stocks; Trump’s Iran-Israel truce announcement boosts sentiment
RALIAN shares rose on Tuesday, led by gains in banks and miners, as US President Donald Trump’s announcement of the Iran-Israel ceasefire lifted investor sentiment globally.…