News
eSIM platform Airalo raises US$220 million in new funding round, lifts valuation past US$1 billion
[ad_1] Company says this makes it the industry’s first unicorn; latest financing includes new investor CVC[SINGAPORE] eSIM platform Airalo has raised US$220 million in a financing round, valuing the company...
Opec trims oil demand for next four years
[ad_1] THE Organization of the Petroleum Exporting Countries (Opec) cut its global oil demand forecasts for the next four years on Thursday (Jul 10) as Chinese growth slows. This came...
Chinese property shares surge on unverified reports of meeting to revive sector
[ad_1] [BEIJING] A gauge of Chinese property shares jumped the most in nearly nine months, fuelled by speculation a high-level meeting will be held next week to help revive the...
BOJ finds US tariff hit to exports limited for now
[ad_1] [TOKYO] The impact on Japan’s output and exports from US tariffs is limited for the time being but many companies are worried about the risk of tariffs weakening global...
SIA partners Mandai Wildlife Group to enhance customer offerings
[ad_1] Both companies will also cooperate on conservation efforts that could include the transfer of animals between Singapore’s wildlife parks and other accredited zoos [SINGAPORE] Singapore Airlines (SIA) is partnering...
Adidas, Puma eye running shoe revival as tariff threats loom
[ad_1] [LONDON] Running could turn around the fortunes of Puma and Adidas as they look to make up ground lost to new upstarts before US tariffs start to bite.The German...
Singtel’s NCS to invest S$130 million to scale AI adoption in Apac
[ad_1] [SINGAPORE] Singtel’s technology services arm, NCS, will invest S$130 million over the next three years to further its artificial intelligence (AI) development across the Asia-Pacific region. Its investments include...
BYD, other EV battery makers face more pressure to cut emissions
[ad_1] [HONG KONG] Electric vehicle (EV) battery suppliers, including BYD and EVE Energy, need to step up efforts to switch to clean power at manufacturing sites and curb emissions in...
Bank of Korea holds rates steady amid tariff, household debt concerns
[ad_1] Published Thu, Jul 10, 2025 · 10:14 AM[SEOUL] South Korea’s central bank held interest rates steady on Thursday, as policymakers steered a cautious path amid concerns about financial stability...
Prime US Reit signs 120,000 sq ft lease at Class A office tower in Maryland
[ad_1] [SINGAPORE] The manager of Prime US real estate investment trust (Reit) announced on Thursday (Jul 10) that it signed a new 11-year lease of minimum 120,000 square feet (sq...
