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BREAKING NEWS

TODAY

Transport & Logistics
Boeing faces 'long road' on safety issues, US FAA says
International
US weekly jobless claims fall as labour market remains solid

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Companies & Markets
DFI Retail’s underlying profit for FY24 expected to be between US$180 million and US$220 million
Companies & Markets
Indian stocks hit record close on RBI dividend, short covering
Property
Up to 20,000 homes, including public housing, planned for new Turf City estate in prime Bukit Timah
International
Japan on track for recovery despite weak GDP, says BOJ’s Ueda
International
Sunak fights election on economy that is only just picking up
Singapore
Singapore keeps 2024 growth forecast at 1-3%; no revision to Q1 growth
International
EU hits Oreo maker Mondelez with 337.5 million euro antitrust fine
Telcos, Media & Tech
Nvidia CEO Huang expects AI-generated videos to drive more demand for its chips
Energy & Commodities
China's support for food production will strengthen, says premier
Transport & Logistics
Congestion in South-east Asia ports at historic high; 4-5 day berthing delay in Singapore
Singapore
Thai hospital says 20 people from Singapore Airlines flight remain in intensive care
Companies & Markets
Jardine Matheson Q1 performance similar y-o-y; lower full-year profit expected
Capital Markets & Currencies
Business activity and wage data support the euro
Banking & Finance
HSBC fined £6.3 millions for unfairly treating customers in debt
Companies & Markets
Hongkong Land expects ‘significantly lower’ H1 profits amid weak buyer sentiment in China
Lifestyle
Tomb Raider owner Embracer says humans hold key to game evolution as AI gains ground
ASEAN Business
Thailand plans to require permits for medical, research use of cannabis
International
Key eurozone wage indicator picks up, bolstering case for ECB caution
ASEAN Business
Malaysia’s 1MDB sues Petrosaudi executive for US$1.83 billion
Telcos, Media & Tech
Xiaomi’s sales grow fastest in two years on smartphone recovery
Reits & Property
Fitch Ratings downgrades LMIRT to ‘C’ following exchange offer
Banking & Finance
South Korea holds rates, signals tight policy to stay over short term
Capital Markets & Currencies
Daily Debrief: What Happened Today (May 23)
Lifestyle
Sifa 2024: Opening shows tackle big themes
Companies & Markets
Singapore stocks end higher as traders shrug off inflation worries; STI up 0.4%
Property
Citi considers reducing office space in Asia Square tower
Singapore
Competition watchdog suspects two interior-construction firms of rigging tenders worth over S$7 million
Lifestyle
Gu:um chef Louis Han elevates casual Korean cooking at new Keong Saik eatery
Lifestyle
Despite war, Ukrainian wines are finding a global audience
Lifestyle
The art of getting to know Belgium
Lifestyle
Bvlgari marks 140th year with dramatic high jewellery and watch collection
Lifestyle
Luxury shopping: Desirability and experiences in focus as Chinese tourists hold back 
Property
Schroders, TPG put Harbourfront hotel up for sale at S$320 million
Singapore
Economists stick to 2024 Singapore growth outlook after Q1 GDP beats forecasts
International
Yellen calls for united front on Chinese industrial overcapacity
Property
China Vanke granted 20 billion yuan onshore syndicated loan facility
Companies & Markets
Money laundering accused Lin Baoying expected to plead guilty on May 30
International
Thai exports return to growth in April, beat forecast
Telcos, Media & Tech
Alibaba is considering convertible bond sale
Global Enterprise
South Korea, China, Japan to hold first summit in four years on May 26-27
International
India’s household savings likely rose after 2 years of declines
Transport & Logistics
COE premiums stable as big-car category edges towards S$106,000
Global Enterprise
China planemaker Comac eyes Saudi Arabia for global expansion
International
Eurozone May business growth at year high, PMI shows
Companies & Markets
Hargreaves Lansdown rebuffs £5 billion offer from CVC, Adia
International
German economy expected to stagnate this year, DIHK says
Companies & Markets
Japan's Nikkei hits closing high as Nvidia earnings boost tech
International
Thai court accepts complaint seeking PM's removal over Cabinet appointment
Opinion & Features
The threat of Trumpflation and a Fed war
Garage
Startups ditch SEA expansion for American Dream, but it’s not that simple
Companies & Markets
SIA shares hold steady following turbulence-hit flight
Property
Judge blocks attempt to sell Graceland, Elvis Presley’s former home in Memphis
Opinion & Features
Sunak’s surprise summer election gamble won’t work
International
China state media warns on speculative trading in special bonds
International
India May business growth robust as exports rise at record pace, PMI shows
Telcos, Media & Tech
TSMC sees annual sales growth to reach 10% in semiconductor industry
Companies & Markets
Lenovo beats estimates with AI helping PC sales rebound
Companies & Markets
Latest Singapore 6-month T-bill cut-off yield falls to 3.65%
Economy & Policy
Singapore’s inflation maintains pace in April, in line with economists’ expectations
Telcos, Media & Tech
Microsoft’s UAE deal could transfer key US chips and AI technology abroad
Capital Markets & Currencies
A brief history of Wall Street’s fat finger problem
International
Chinese factories recoil from paying record copper prices
Global Enterprise
South Korea sets aside record US$19 billion to fuel chipmaking
Telcos, Media & Tech
Mubadala offers to sell US$950 million of GlobalFoundries shares
Capital Markets & Currencies
Hong Kong retail traders build big ETF wagers on rally reversal
Capital Markets & Currencies
Asia: Shares mixed after Fed minutes, while Nvidia provides support
Banking & Finance
Seventh money launderer jailed for 15 months, forfeits S$22 million of assets
Transport & Logistics
Evergrande’s EV arm chased to repay subsidies in latest blow
International
China’s lacklustre earnings are nearing an inflection point on stimulus bets
International
New Zealand Finance Minister says May 30 budget will show fiscal responsibility
International
Gen-Z Australians slash spending, while baby boomers splurge
International
Japan’s factory activity expands for first time in a year, PMI shows
Companies & Markets
Singapore Airlines shares slip 1.3% after turbulent flight
Energy & Commodities
Gold retreats from near record-high levels as rate-cut bets ease
Companies & Markets
Singapore shares muted at Thursday’s open; STI down 0.02%
Global Enterprise
Chinese defaults flag limits to 35.9 billion yuan of bond guarantees
Consumer & Healthcare
US Justice Department to seek breakup of Live Nation-Ticketmaster
Companies & Markets
Cromwell E-Reit sponsor to divest all interest in managers, Reit for 280 million euros
Companies & Markets
Singtel sinks to S$1.3 billion H2 loss on Optus-led impairments; stronger sustained dividends expected
Companies & Markets
Stocks to watch: SIA, Singtel, Sembcorp, Seatrium, Cromwell E-Reit, Sabana Reit
Companies & Markets
Companies put record amount in shareholders’ pockets: report
Garage
Sam Altman’s OpenAI signs content agreement with News Corp
Banking & Finance
Hong Kong regulator directs Worldcoin to cease operations citing privacy concerns
Singapore
Singapore NODX could come at ‘lower range of 4-6% forecast’: EnterpriseSG
Companies & Markets
Amazon.com investors reject all 14 outside proposals at meeting
Lifestyle
Taylor Swift tour gives European economy a boost, BOA data show
Banking & Finance
US lawmakers seek to clean up crypto regulation
Companies & Markets
Temu-parent PDD Holdings beats first-quarter revenue estimates
Companies & Markets
DuPont to split into three companies as CEO Ed Breen steps back
Banking & Finance
Barclays managers warn some staff to prepare for five days a week in office
International
From tax to homes, UK’s Conservatives and Labour make economy a battleground for election
Transport & Logistics
After Singapore Airlines turbulence accident, flight crews urge buckling up
Transport & Logistics
Boeing deliveries to China delayed by state regulator review: source
Energy & Commodities
Oil slips for a third straight day on prospect of US rates staying high
Global Enterprise
Nvidia forecast shatters estimates on sustained AI boom
Capital Markets & Currencies
Europe: Carmakers drive stocks to one-week low; tech in focus
Capital Markets & Currencies
US: Stocks dip after Fed minutes point to inflation angst
Banking & Finance
Charles Schwab to roll out alternatives platform for qualified investors
Opinion & Features
Blended finance driving capital to emerging markets
Companies & Markets
Singapore’s Paradise Group expands further in US, aiming for 11 outlets by 2025
SGSME
Haircut chain kcuts owner goes global with express Korean facials
Property
Some home buyers facing ‘99-to-1’ ABSD probes blaming it on advice from real estate agents
SGSME
Altron Shipping keeps ahead of the competition
Opinion & Features
War for talent: First battlefield in the global AI race
Opinion & Features
Europe looks to leverage India’s post-election economy
Technology
Private markets slow to adopt tokenisation; still seeking clear use-case
International
Rishi Sunak to call UK election on Jul 4: reports

YESTERDAY

Consumer & Healthcare
Disney to sell stake in Tata’s US$1 billion India TV platform: sources
Banking & Finance
India central bank’s record dividend to government may reduce fiscal gap
Companies & Markets
Philippines’ top fintech GCash eyes 2025 IPO, chairman says
International
Saudi delegation heads to China without Crown Prince due to king’s illness: sources
Energy & Commodities
Adnoc to sell about 5.5% additional stake in drilling unit
Property
High Street Centre back on market, plans to lower reserve price to below S$700 million
Telcos, Media & Tech
Amazon lining up AI overhaul, paid plans for Alexa voice assistant
Capital Markets & Currencies
US: Wall Street subdued at open ahead of Nvidia results, Fed minutes
Companies & Markets
India’s Paytm flags further financial impact of banking unit wind down
Garage
Retrenched non-union Lazada employees to receive S$1,200 for training support
International
Summit host South Korea says world must cooperate on AI technology
International
City of London calls for financial regulators to find a growth ‘mindset’
Capital Markets & Currencies
US dollar firm as traders await Fed clues; sterling steadies
Banking & Finance
US consumer watchdog will apply credit card rules to buy now, pay later companies
Property
British Land weighs new office projects as London demand soars
ASEAN Business
Bank Indonesia keeps rate steady after surprise hike in April
International
Exiled Chinese businessman Guo Wengui goes on trial for fraud
Companies & Markets
Australia takes Singtel-owned Optus to court over 2022 cyberattack
Singapore
Police seize S$530 million in cash, assets from 2 men linked to money laundering case
Lifestyle
US fund Oaktree ‘assumes ownership’ of Inter Milan
Transport & Logistics
Electric vehicle tariffs are a trap, says Stellantis CEO
International
US announces details on higher China tariffs, some to start Aug 1
Companies & Markets
China’s securities firms rein in pay packets as pressures mount
Capital Markets & Currencies
Japan’s Kishida makes public push on capital markets reform
Opinion & Features
The US and Europe should decouple on monetary policy 
Global Enterprise
Morgan Stanley’s Asia chief says Tokyo gaining on rival hubs Singapore and Hong Kong
Consumer & Healthcare
LVMH deepens partnership with Alibaba to boost tech presence in China
International
UK inflation falls less than expected, dashing June rate cut hopes
Global Enterprise
Global businesses ‘overly optimistic’ of a sharp rebound in exports: Allianz Trade
Companies & Markets
Analysts weigh impact on SIA brand following turbulence tragedy
Global Enterprise
Japan’s 10-year yield hits more than decade high of 1% as BOJ bets build
Opinion & Features
The lesson of the great American boom
International
China hints at 25% car tariff as deadline for EU probe looms
Lifestyle
Venus Williams among sporting figures to get own Barbie doll
Banking & Finance
China’s ultra-long special bonds surge on exchange debut, triggering suspensions
Banking & Finance
Citi fined £61.6 million after UK trader triggered flash crash
Lifestyle
Nepal’s ‘Everest Man’ claims record 30th summit
Banking & Finance
China’s central bank guides banks to step up lending in May: sources
Lifestyle
Luxury shopping holds firm
Companies & Markets
Global family offices eye greater investment into Asia-Pacific, artificial intelligence: UBS
International
Hong Kong says Sam Altman’s Worldcoin crypto breached city’s privacy laws
Opinion & Features
The AI safety movement is dead
Companies & Markets
Asia: Stocks wobble as traders eye Nvidia results
International
New Zealand central bank leaves cash rate unchanged at 5.5%
Companies & Markets
Chinese tech stocks still have valuation appeal after rally
ASEAN Business
Political shake up: Vietnam elects new president, parliament chair after high-level exits
Companies & Markets
Goldman sees more dollar strength amid fight against inflation
Companies & Markets
Chanel nears US$20 billion in sales in 2023
Companies & Markets
JD.com raises US$1.75 billion in convertible bonds
Companies & Markets
Microsoft promotes new tools for making AI software
Companies & Markets
Apple says US antitrust lawsuit should be dismissed
Global Enterprise
Amazon says it has not halted any Nvidia chip orders
Global Enterprise
As financial hub rivals innovate, Hong Kong races ahead in digital finance
Companies & Markets
Gold prices cool near record peak as dollar holds footing
ASEAN Business
Indonesia exports of ‘white gold’ soar on China’s hefty appetite for bird’s nests
Companies & Markets
Oil falls 1% on sticky US inflation, dampened geopolitical risk premium
Companies & Markets
Europe: Stoxx 600 ends lower as rate uncertainty prevails
Companies & Markets
US: Stocks end slightly higher after Fed comments, ahead of Nvidia
Opinion & Features
Tick-tock: Cordlife’s fate on the line
Opinion & Features
From profit to purpose: The evolving landscape of sustainable investments
International
Israel shuts down Associated Press live video feed of Gaza
Lifestyle
Debt deadline looms for Italian champions Inter Milan
Consumer & Healthcare
Chanel to open more stores in China even as growth shifts abroad
International
China boosts farmer protection with nationwide insurance for major grains
Global Enterprise
Nearly one in 10 Apac Reit assets at high risk from climate change: report
Lifestyle
Pixar lays off 175 workers as it returns its focus to films

MAY 21

Banking & Finance
Singapore prices S$2.5 billion of 30-year sovereign green bonds at 3.3%
Wealth
Gearing up for change and the challenge of ‘radical uncertainty’
SGSME
SMEs get subsidised rates for Microsoft AI tool under MOU with EnterpriseSG, IMDA
International
Malaysia to cut diesel subsidies, saving RM4 billion annually
International
US households still pinched by inflation, Fed report says
Singapore
One dead, ‘multiple injuries’ in SIA flight from London hit by severe turbulence
Telcos, Media & Tech
Micron lifts 2024 capex forecast on rising investment in AI-related chips
Property
Singapore private home prices still ahead of HK, Sydney as immigrants bolster demand
Transport & Logistics
Nissan pauses EV sedan development in US, widens lineup
Property
NYC pension to invest US$60 million to preserve affordable housing
Companies & Markets
US: Nasdaq, S&P 500 dip at open on Fed policy caution
Companies & Markets
Aramco, Japanese banks sign agreements at Saudi-Japan summit
Companies & Markets
Warburg Pincus, Temasek buy insurance services firm SRG in £1 billion deal
International
Scale AI valued at US$14 billion in Nvidia, Amazon-backed funding round
Energy & Commodities
Shell shareholders reject investor climate resolution
International
Demand momentum in India rising, rural spending picking pace, says RBI
Capital Markets & Currencies
US dollar edges down, Ether’s 2-month high fuels crypto rally
Telcos, Media & Tech
IBM makes more AI models open source and lands Saudi Arabia deal
Property
UK’s Assura, USS team up on NHS community health buildings
Property
Evergrande founder’s seized HK mansion sells at discount
Companies & Markets
Seatrium to pay US$68 million linked to interest following arbitration
International
Thai minister quits over legal complaint seeking PM's dismissal
Property
Germany property trough worsens as foreign investors scale back
Companies & Markets
Vendor in contract spat with Sembcorp’s wind-power unit in India files new counterclaim
Property
New York rents are so high that only 5% are affordable for the average salary
Economy & Policy
Daily Debrief: What Happened Today (May 21)
Banking & Finance
Goldman says equity investors bracing for return of volatility
International
Thailand mulls up to US$3.4 billion extra budget to finance cash handout plan
International
Sri Lanka inflation rises to 2.7% in April from 2.5% in March
Companies & Markets
Court dismisses appeal by Sabana Reit’s tenant over outstanding rent
Companies & Markets
Singapore stocks end Tuesday lower, as bearish sentiment builds across region
Transport & Logistics
China’s Xpeng forecasts rise in quarterly deliveries as promotions boost EV demand
Opinion & Features
What does the Dow hitting 40,000 tell us?
Telcos, Media & Tech
Apple fights 1.8 billion euro antitrust fine for curbs on Spotify
Consumer & Healthcare
China’s JD.com aims to raise US$1.5 billion in convertible bond deal
Wealth
Bond buyers paid the least in years for EM corporate bond risk
International
Europe sets benchmark for rest of the world with landmark AI laws
International
New Thai finance minister has chance to improve strained central bank ties
Global Enterprise
Second global AI summit secures safety commitments from companies
Banking & Finance
DBS takes part in S$286 million blended-finance project in Indonesia
Banking & Finance
Yellen urges German banks to boost compliance with US sanctions on Russia
International
Pakistan GDP grows 2.09% in Q3, supported by agriculture
Opinion & Features
China cements ‘senior partner’ role in Russia relationship
Telcos, Media & Tech
Alibaba sparks China AI price war with spate of steep discounts
Consumer & Healthcare
Eli Lilly’s diabetes drug tirzepatide gets approval in China
Garage
12 lawsuits and a liquidation later, legal brawls continue for Hearti Lab’s founder
Consumer & Healthcare
Britain to rein in Mastercard and Visa fees on retailers
Lifestyle
Netflix’s new real estate show airs amid luxury market slowdown
Companies & Markets
AstraZeneca aims for US$80 billion in total revenue by 2030
Lifestyle
Britain’s Royal Mint launches coin for 80th anniversary of D-Day landings
Lifestyle
Making sense of the spring art auctions
Wealth
A primer on bond investing
Lifestyle
Istanbul’s century-old streetcars get makeover
Telcos, Media & Tech
Nvidia earnings could spark US$200 billion swing in shares, options show
Consumer & Healthcare
KFC Holdings Japan receives 135 billion yen offer from Carlyle-backed fund
Property
China land sales hit eight-year low as housing slump worsens
Companies & Markets
PropertyGuru Q1 loss narrows to S$6.3 million
Banking & Finance
Australian, NZ dollars run out of steam, ponder rate outlooks
Lifestyle
Sick of tourists, Japan town blocks view of Mount Fuji
ESG
Singapore, Japan investors less optimistic than Asian peers about ESG funds’ performance
ESG
MAS, PBOC further collaboration in green finance
Telcos, Media & Tech
Tencent suspends blockbuster game within an hour of China debut
Capital Markets & Currencies
Big IPOs seen making a comeback in India as stock boom continues
Banking & Finance
Australia central bank pondered raising rates on higher inflation risks
Capital Markets & Currencies
Asia: Markets slump as traders take profits, eye commodities’ spike
Companies & Markets
S$3 billion money laundering case: Only woman accused gets seven new charges, wants early date to plead guilty
Telcos, Media & Tech
Parent company of Trump’s Truth Social posts US$328 million loss
Property
China developer Vanke gets new loan pushing total to US$1 billion
Telcos, Media & Tech
Nintendo buys studio to bring more outside games to next Switch
Energy & Commodities
Gold hovers near record high on growing rate-cut bets
Telcos, Media & Tech
Telstra to slash up to 2,800 jobs
Companies & Markets
Hot stock: OUE up 13.3% on share buyback offer
Companies & Markets
Singapore shares muted at Tuesday’s open; STI down 0.02%
International
Australia’s consumer confidence edges lower on inflation fears
Telcos, Media & Tech
Samsung replaces chip division chief as it tries to catch Hynix
International
South Korea’s early trade data show export momentum still robust
Companies & Markets
Stocks to watch: SIA, CapitaLand Ascendas Reit, TSH Resources, OUE, Cordlife
Banking & Finance
Deutsche Bank’s private-credit business beefs up team in Asia
International
UK firms offer wage premium for AI workers in bid for growth
Banking & Finance
Ether jumps the most in 18 months on speculation of ETF approval
ASEAN Business
Malaysia Airports shareholder expresses doubt on takeover bid
Transport & Logistics
Stellantis brings China EVs to South America in Brazil expansion
Banking & Finance
Top US banking regulator offers resignation after toxic workplace report
Banking & Finance
JPMorgan says every new hire will get training for AI
Global Enterprise
Jamie Dimon says succession at JPMorgan is ‘well on the way’
Telcos, Media & Tech
Microsoft unveils ‘AI-ready’ PCs
Telcos, Media & Tech
OpenAI to ‘pause’ voice linked to Scarlett Johansson
Telcos, Media & Tech
Dell deepens AI push with new PCs, Nvidia-powered servers
Telcos, Media & Tech
Zoom projects lacklustre sales on stagnant customer growth
Energy & Commodities
Oil eases on worries about US inflation, interest rates
Capital Markets & Currencies
Europe: Shares eke out gains amid interest rate uncertainty
Capital Markets & Currencies
US: Nasdaq lifts to fresh record while Dow retreats
International
South Korean consumers turn pessimistic as rates stay high for longer
Opinion & Features
Foreign students bear brunt of populist immigration policies
Companies & Markets
Genting Singapore expected to stand firm amid regional casino competition
Opinion & Features
How big money finances Indian politics
Opinion & Features
Bridging the digital divide in Asia-Pacific
Technology
More than just hype, AI to change nature of jobs: panellists
Opinion & Features
Cut the coal in electric vehicle supply chains
Companies & Markets
Silver rally just getting started, could outpace gold’s climb: observers
Transport & Logistics
Li Auto sales disappoint amid tepid demand for electric cars

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