News
Kraft Heinz explores grocery business spinoff worth up to US$20 billion: source
[ad_1] [Bengaluru] Kraft Heinz is studying a potential spinoff of a large chunk of its grocery business, including many Kraft products, into a new entity that could be valued at...
Trump’s 50% copper import tariff said to cover refined metal
[ad_1] Published Sat, Jul 12, 2025 · 09:13 AM[NEW YORK] US President Donald Trump’s promised 50 per cent copper tariffs are set to include all refined metal, indicating the president’s...
Oil rises over 2% as investors weigh market outlook, tariffs, sanctions
[ad_1] [NEW YORK] Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was tighter than it appears, while US...
NTT DC Reit’s Singapore public offer 9.8 times oversubscribed
[ad_1] It has received applications for 294.8 million units compared to the 30 million available in public tranche of IPO[SINGAPORE] The manager of NTT DC Reit (real estate investment trust)...
US: Wall St opens lower amid Trump’s fresh tariff salvo on Canada
[ad_1] Published Fri, Jul 11, 2025 · 09:43 PM[NEW YORK] Wall Street’s main indexes opened lower on Friday (Jul 11) as President Donald Trump cranked up his tariff assault on...
Creative Technology warns H2 revenue may be below target, with operating loss similar to that in H1
[ad_1] It says US tariffs and global trade tensions weakened consumer sentiment, which dragged on revenue[SINGAPORE] Creative Technology said that revenue for its second half of the financial year ended...
Indonesia detains Trafigura employee in US$17 billion graft case
[ad_1] [JAKARTA] Indonesia has detained an employee of Trafigura Group along with seven other suspects in a case involving oil procurement by state-owned PT Pertamina, widening one of the nation’s...
MAS, PBOC to deepen collaboration in green and transition finance
[ad_1] [SINGAPORE] The central banks of Singapore and China reaffirmed their commitment to push on with their cooperation in green and transition finance. At the third Singapore-China Green Finance Taskforce...
Singapore stocks notch 5-day rally ahead of GDP data
[ad_1] [SINGAPORE] The local bourse extended its winning streak to end the week on a high note as investment sentiments have been undisturbed by tariff news, ahead of the release...
China’s GDP growth set to slow, raising pressure on policymakers
[ad_1] [BEIJING] China’s economy is expected to have slowed down in the second quarter from a solid start to the year. This comes as trade tensions with the US added...
