News
Hong Leong-led consortium secures S$692 million green loan from DBS, OCBC for Tengah’s first private mixed-use project
[ad_1] [SINGAPORE] A consortium led by Hong Leong Holdings has secured a S$692 million green loan to finance the development of Tengah’s first nature-centric private mixed-use residential project.DBS, the anchor...
Frasers unit to buy S$48 million Yishun cinema complex from Golden Village
[ad_1] [SINGAPORE] A wholly owned subsidiary of Frasers Property has agreed to buy a cinema complex in Yishun Central from Golden Village Multiplex and lease back the property to the...
Australia central bank pondered outsized rate cut in May, decided to be predictable
[ad_1] [SYDNEY] Australia’s central bank considered cutting interest rates by an outsized 50 basis points last month as “insurance” against global trade risks, but decided to go the predictable route...
US airlines oppose credit card fee crackdown they say could imperil free flight offers
[ad_1] [WASHINGTON] Major airlines said on Monday they oppose a new effort to advance legislation that would reduce fees charged by Visa and Mastercard on transactions, saying it could force...
Toyota to take key supplier private in US$33 billion deal
[ad_1] [TOKYO] Toyota Motor will take forklift-maker Toyota Industries private in a US$33 billion deal, the companies said on Tuesday (Jun 3), a landmark unwinding of cross-shareholding that is likely...
China’s rare earths grip gives Xi leverage in US trade duel
[ad_1] AFTER the US and China agreed in Geneva to lower tariffs from astronomical heights, tensions are now surging over access to chips and rare earths. And Beijing increasingly appears...
Vanguard files for new ex-China emerging markets ETF
[ad_1] ASSET management giant Vanguard Group plans to launch a new exchange-traded fund (ETF) that will target emerging markets while excluding China, joining a growing niche shaped by investor debate...
US aluminium and steel prices surge as Trump doubles tariffs
[ad_1] [LONDON] Futures tracking aluminium and steel prices in the US surged after President Donald Trump said he will double tariffs on the metals this week.Contracts linked to the prices...
Oil gains on supply concerns as wildfires disrupt Canada supply, Opec+ keeps output plans unchanged
[ad_1] [NEW YORK] Oil prices climbed nearly 3 per cent on Monday on supply concerns as producer group Opec+ decided not to accelerate plans to hike output and wildfires in Canada’s oil-producing province...
US: Stocks end higher as traders shake off trade tensions
[ad_1] Published Tue, Jun 3, 2025 · 06:13 AM[WASHINGTON] US stocks shook off a gloomy start to the week to close higher on Monday, with traders looking through the new trade uncertainty...
