Europe: Shares tumble as Israel-Iran conflict escalates
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…
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Fashion
Oil Soars Nearly 7% on Israel-Iran Strikes, Stirring Middle East Supply Worries
With tensions escalating and concerns mounting over a broader war in the Middle East, oil prices surged nearly 7% on Friday after Israel carried out airstrikes on Iranian military targets.…
Gold Prices Surge as Middle East Tensions Rise and Rate Cut Hopes Grow
Markets jittered on Friday as new tensions in the Middle East sent tremors through global finance. Investors fled to gold as a haven in a world of elevated geopolitical risk. The increase…
Shein's planned Hong Kong listing to benefit from wider capital pool, analysts say
Shein’s planned listing in Hong Kong will help the online fast-fashion retailer avoid sharp investor scrutiny of its supply chains while tapping into capital from the mainland and emerging…
Sunjay Kapur Cause of Death: Prince William's Billionaire Friend Dies Aged 53 after Swallowing Bee While Playing Polo Match
Sunjay Kapur, a close friend of Prince William, has died at the age of 53 after swallowing a bee, which triggered a fatal heart attack. According to the Mirror, the billionaire businessman…
Alibaba movie unit’s pivot, rebrand bring US$2 billion value gain
DAMAI Entertainment Holdings, formerly Alibaba Pictures Group, is shifting its focus from movies production to faster-growing entertainment segments targeting younger consumers – and…
Hong Kong-listed ESR gets shareholders’ nod for privatisation
Shareholders of ESR Group on Friday (Jun 13) approved the scheme resolution proposed by a consortium of investors to acquire and privatise the real estate fund manager. The company is…
Google Cloud and Digital Industry Singapore launch programme to spearhead AI development among companies
Digitally-mature companies keen on doing more in the area of artificial intelligence (AI) will now have the opportunity to tap a new programme. The AI Cloud Take-Off Programme launched on…
Singapore shares fall on Friday amid Middle East tensions; STI down 0.3%
Dip mirrors loss in global equity markets on fears Israel’s strikes on Iran could stoke wider regional conflict Local stocks ended lower on Friday (Jun 13), in line with losses in global…
Iran Launches 100 Drones at Tel Aviv in Retaliation after Israeli Airstrikes Killed Iran's Top Military Officials and Disrupted Nuclear Program
Iran launched over 100 drones at Israel on Friday in response to massive airstrikes that killed senior military officers and scientists while crippling its nuclear facilities. The…
Chinese firms may join group seeking to buy Li Ka-shing’s ports: sources
China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing’s global ports, according to people familiar…
Captain Sumeet Sabharwal: Air India's Pilot Made Desperate Mayday Call Seconds Before Crash as Experts Believe Bird Strike Led to Tragedy
The pilot of the Air India flight frantically reported that the aircraft was fast "losing power" just moments before the deadly crash, killing at least 260 people, with only one passenger…
Asian Markets Sell Off as Middle East Tensions Spike and Oil Prices Surge
Asian traders woke to a nervous open on Friday after oil surged and Wall Street futures sank following reports that Israel had carried out a military strike against Iran. The unexpected…
OCBC users hit by log-in, payment issues; services restored by 2.30 pm
More than 1,000 outage reports are lodged on tracking site Downdetector from around 11 am Customers of OCBC experienced difficulties making payments via the bank’s mobile app and Internet…
Israel Launches Massive Airstrikes on Iran's Nuclear Program and Kills Several Top Military Officials as Khamenei Vows 'Harsh Punishment'
Israel has carried out "preemptive attacks" on Iran, targeting its nuclear program and killed several senior military officials in a bid to stop Tehran from advancing its development of…
Gold tops one-month high as Middle East tensions spur safe-haven demand
GOLD prices climbed on Friday to their highest point in more than a month, on track for a weekly gain, as investors sought safe-haven assets after Israel’s strike on Iran heightened Middle…
Oil soars more than 9% after Israel strikes Iran, rattling investors
OIL prices surged more than 9 per cent on Friday, hitting their highest in almost five months after Israel struck Iran, dramatically escalating tensions in the Middle East and raising…
Meta finalises investment in Scale AI, valuing startup at US$29 billion
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 Meta’s…
‘I got up and ran’: How one man survived the Air India crash that killed 241
AS AIR India Flight AI171 descended toward its doom on Thursday, Ramesh Vishwaskumar sat in the first row of economy class - headed for one of the most harrowing and luckiest moments of…
AMD unveils AI server as OpenAI taps its newest chips
Advanced Micro Devices CEO Lisa Su on Thursday unveiled a new artificial intelligence server for 2026 that aims to challenge Nvidia’s flagship offerings as OpenAI’s CEO said the ChatGPT…
AI toys and games? Barbie maker Mattel teams up with OpenAI to create new products
Your next toy or game may be able to converse with you. Mattel, the El Segundo toy maker behind Barbie and Hot Wheels, said Thursday that it’s teaming up with OpenAI, which created popular…
Air India crash latest test for new Boeing leadership
The devastating Air India crash seems certain to embroil Boeing in further rounds of negative headlines at a time when it has shown progress under new leadership. Shares of the American…
Europe: Shares drop as trade optimism wanes, geopolitical tensions rise
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…
![Who Is Viswas Kumar Ramesh? British-Indian Passenger on Seat 11A of London-Bound Air India Flight That Crashed Miraculously Escapes Death [VIDEO]](https://data.ibtimes.sg/en/full/82057/vishwas-kumar-ramesh.jpg)
Who Is Viswas Kumar Ramesh? British-Indian Passenger on Seat 11A of London-Bound Air India Flight That Crashed Miraculously Escapes Death [VIDEO]
A British-Indian man is so far the lone survivor of the ill-fated Air India plane that crashed with 242 passengers and crew on board in Ahmedabad, Gujarat, India. Vishwas Kumar Ramesh, 40,…