Business
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China to raise refined fuel export allowance in July, sources say
This may ease tight supplies after regional refiners cut output due to crude shortages from the Iran war Published Thu, Jun 25, 2026 · 02:44 PM CHINA will raise the…
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ByteDance seeks US$20 billion in its largest-ever offshore loan
Published Wed, Jun 24, 2026 · 01:15 PM [HONG KONG] ByteDance, the developer of TikTok, is in preliminary talks with banks for a borrowing of about US$20 billion, sources familiar…
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Morgan Stanley plans US$1.3 billion tower for Dallas expansion
The project extends the Texas city’s rise as a financial centre as Wall Street steps up efforts to lure talent in locations outside New York Published Tue, Jun 23, 2026…
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China keeps benchmark lending rates unchanged for 13th month in June
The steady loan prime rates (LPRs) signal authorities are in no rush to ease policy Published Mon, Jun 22, 2026 · 11:07 AM [SHANGHAI] China left benchmark lending rates unchanged…
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Wellness zone on a plane? Qantas tests new ways to beat jet lag on world’s longest nonstop flight
Airbus has modified the A350-1000 so it can fly the approximate 17,000 km between Sydney and London Published Sun, Jun 21, 2026 · 10:16 AM FOR anyone choosing to bend…
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Starbucks cuts London, Hong Kong office jobs in restructuring effort
The company has said that it wants to double its international store count to about 40,000 Published Sat, Jun 20, 2026 · 09:13 AM [CHICAGO] Starbucks laid off corporate workers…
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Lum Chang Creations to raise up to S$26.6 million via proposed share placement
The move is aimed at increasing the public float as it prepares to transfer its listing to the Catalist board [SINGAPORE] Lum Chang Creations is planning to launch a placement…
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Microsoft makes big AI inroads in China by selling OpenAI models
The company operates multiple data centre regions in the country, near Beijing and Shanghai Published Thu, Jun 18, 2026 · 07:33 AM [SAN FRANCISCO/HONG KONG] Microsoft has built a big…
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Oil falls under US$80 as US-Iran deal set to add supply
The effective closure of Hormuz triggering the drawdown of commercial and strategic inventories Published Wed, Jun 17, 2026 · 06:13 AM [SINGAPORE] Oil logged its longest run of declines this…
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US stocks: Dow hits record high on Iran deal optimism, lower oil prices
Published Mon, Jun 15, 2026 · 10:36 PM WALL Street’s main indexes rose on Monday (Jun 15), with the Dow touching an intraday high after the United States and Iran…
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Allianz said to lead bidding for HSBC’s Singapore insurance unit
The transaction, estimated to be up to US$2 billion, could be announced soon: sources Published Sun, Jun 14, 2026 · 08:57 PM ALLIANZ has emerged as the front runner to…
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Traders are most positive on US dollar since February 2025
Hedge funds, asset managers and other speculators accumulate US$27.8 billion worth of bets that it will strengthen Published Sat, Jun 13, 2026 · 01:27 PM [NEW YORK] Traders turned the…
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SpaceX set to surge past US$2 trillion valuation in blockbuster Nasdaq debut
Published Fri, Jun 12, 2026 · 10:45 PM SPACEX was on course to blow past US$2 trillion in market valuation in its Nasdaq debut on Friday, reflecting the frenzy for the…
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US stocks: Wall Street ticks up as chips rebound, Middle East in focus
Published Thu, Jun 11, 2026 · 10:45 PM WALL Street’s major indexes inched higher on Thursday, as investors sought bargains in beaten-down technology stocks and kept a close watch on developments around…
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US stocks: Wall Street dips as tech declines, Middle East tensions mount
Published Wed, Jun 10, 2026 · 10:20 PM WALL Street’s major indexes edged lower on Wednesday (Jun 10), as technology stocks extended losses and renewed tensions between the United States…
