TODAY

1MDB theft made Attila the Hun look like ‘choirboy’, judge says

More central banks increasing domestic gold storage, diversifying overseas vaulting: survey

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Yum to sell struggling Pizza Hut chain for US$2.7 billion

MPACT prices S$200 million of green bonds at 2.53%

Binance set to lose EU licence bid, permission to offer services in the bloc: sources 

US import prices increase more than expected in May

Oil drops nearly 3% to 3-month low as markets weigh US-Iran peace deal

China signs up 26 financial institutions to digital yuan cross-border payment platform

Boustead Singapore unit renews contract with Australian government for S$60 million

Chinese economy stalls as spending, investment drop to Covid-era levels

Trading platform Robinhood to cut 10% of workforce in restructuring

SpaceX set to vault past Amazon in market value as shares extend IPO surge

EU lawmakers clear US trade deal to avert return to trade conflict

SGX mulls new coking coal and steel contracts, executive says

MAS revises takeover and merger code to enhance competition and disclosures

Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

Strait of Hormuz transit will take ‘weeks’ to resume, Mitsui OSK CEO tells FT

Singapore shares rise on Tuesday; STI up 0.8%

AI splitting job market in two: PwC study

Daily Debrief: What Happened Today (Jun 16)

Xi Jinping endorses leadership of Myanmar’s president as both leaders meet in Beijing

US-Iran peace deal: S-Reits, aviation stocks, developers on investors’ radar as potential winners

Iran deal could expand market gains, with consumer shares, small caps seen benefitting

Singtel, KKR-owned STT GDC opens its first South Korean data centre to tap AI boom

Back to square one? A US-Iran ‘deal’ that resolves little and could make things worse

Germany rejects UniCredit’s 39 billion euro Commerzbank offer

China mine disaster, Indonesia policy changes upend global coal market

World’s 500 richest add record US$336 billion to wealth in one day

New Fed chief Warsh faces bumpy road as he leads tough first rate meeting

Nearly S$100 million to be pumped into municipal, industrial water solutions: Gan Kim Yong

European shares inch up as investors assess US-Iran agreement

China’s DeepSeek closes over 50 billion yuan funding with unusual deal structure: The Information

BlackRock evaluating S$330m hotel purchase in Singapore CBD, Chinatown area

India curbs Telegram use over medical exam fraud concerns

Bank of Japan raises interest rates to 31-year high in widely expected move

Elite UK Reit to buy five government-leased UK properties for £31.9 million

Evergrande liquidators seek to quash regulator’s PwC Hong Kong deal

Why Singapore’s manufacturing story holds

US-Iran deal promises end to war but how it will work remains unclear

SpaceX investors at US retail brokers got at least one IPO share

South Korean shares log two-week closing high on US-Iran deal

Can ST Engineering aspire to challenge DBS to be king of the local bourse?

When will the stock market crash?

Fujitsu chairman quits following ‘woman-related’ improper behaviour

What the US can do to control rising yields

KPMG scandal deepens Big Four accounting firms’ woes in Australia

Scenario of AI-driven jobless economic growth need not scare investors and society

Australia’s central bank warns rate hikes might not be over after holding fire

Oil falls as markets weigh return of supply, US-Iran peace deal

Asia markets temper Iran deal optimism; investors assess BOJ rate hike

Vietnam stocks see biggest foreign inflows in nearly six years

Singapore banks may need to address indirect exposure to captive coal in their financing policies

Japan’s Nikkei hits record high, yen steady after BOJ hikes rates as expected

China’s property stocks tumble back to pre-2024 stimulus levels

A fragile Iran peace follows a war without victors

Zouk expands into Mice and concerts with S$6 million revamp, focuses on differentiated experiences

South-east Asia’s green power investments hit new high of US$17 billion in 2025: IEA

China’s new home prices fall at faster pace in May on soft demand

Oil slide brings little relief to hard-hit Philippine consumers

Singapore marine fuel sales fall 6.8% in May, likely due to cheaper bunker in China

AIA, Prudential create senior roles in Hong Kong for wealthy China clients

Jardine Matheson targets 5% annual dividend growth, launches US$500 million share buyback

Hong Kong market faces pressure as HK$255 billion in locked shares expire in July

Xiaohongshu targets end of June for confidential Hong Kong IPO: sources

Trump thanks China and Russia, partners of Iran, for diplomatic help in sealing ceasefire deal

Trump says Hormuz will reopen by Jun 19. America’s G7 allies aren’t so sure

Fintech titans GCash and Maya test IPO goals as Philippine market thins

Stocks to watch: SIA, Jardine Matheson Holdings, Elite UK Reit

Gold holds gain as Trump touts reopening of Hormuz this week

BlackRock sheds another 200 jobs, adopting regular cycle of cuts

SpaceX surges 20% in first full day of trading to add US$412 billion in value

Worst of US inflation may be over if Iran peace deal sticks

Russia is the test of Europe’s strategic autonomy

The dumb choices that make smart glasses so appealing

Singapore startups double down on AI usage, running multiple platforms: Aspire report

The biggest AI skill may not be technical

EU and Asean at 50: time for bold action

Tiger Beer lines up new products as Singapore operations’ role shifts from brewing to innovation

Trump’s first-term China tariffs survive Supreme Court challenge

Wall Street rallies, Dow ends with record on US-Iran deal, oil price slide

Europe’s Stoxx 600 ends at record high as US-Iran deal lifts sentiment

YESTERDAY

US stocks: Dow hits record high on Iran deal optimism, lower oil prices

Nvidia looks to raise at least US$20 billion from bond offering

US manufacturing output stalls for the first time this year

New private home sales at three-month low in May, with only one major new launch; developers sell 447 units in all

ERP alerts, roadside e-parking payment in trial ahead of ERP 2 roll-out

Vance hopes to release text of agreement to halt war in Iran this week

Macron rebuffs Trump’s threats of wine tariffs as G7 meets

Oil hits 3-month low as US, Iran reach peace deal to reopen Strait of Hormuz

Allianz’s reported HSBC Life bid reflects race for scale in Singapore’s competitive life insurance sector

Iran, US agree to halt war and reopen Hormuz, sending oil prices tumbling

Retail investors face tighter limits than funds in SpaceX IPO flipping

‘Very low chance’ that US-Iran deal reverts energy flows to South-east Asia through Hormuz: Bloomberg Economics

Shippers remain cautious on Hormuz strait transit after US and Iran agree deal

Singapore stocks continue rally; STI up 1%

China sets sights on heavy truck electrification in blow to diesel demand

Daily Debrief: What Happened Today (Jun 15)

SIA Group passenger traffic rises 4.9% in May

UK losing jobs abroad due to high energy costs, manufacturers and union warn

Billionaire Partners Group founder moves to split family office

Foundation Healthcare plans to file Singapore IPO soon: sources

Scandal-hit KPMG Australia will not bid for new federal work until end-September

Britain announces sweeping social media ban for under-16s

Fitch affirms China’s credit rating at ‘A’

‘Not just a venue manager’: The Kallang goes all out to court the world’s top concerts and sports events

Tesla presented misleading ‘Full Self-Driving’ safety data to European regulators

Europe’s Stoxx 600 hits record high after US-Iran preliminary peace deal

Hong Kong insurance regulator vows crackdown on rule-breakers

Trump threatens 100% tariff on French wine over tech tax as G7 meets: NY Post

What the World Cup can tell us about finance

China bonds emerge as surprise haven as Iran war reshapes portfolios

Australia’s ASX admits to misleading on software upgrade, agrees to A$20.5 million penalty

What the Iran-US peace deal means for businesses

Asia’s oil-thirsty economies cautiously welcome US-Iran deal

Singapore public sector commands highest AI salary premium as job postings surge: PwC study

Musk says SpaceX could bring US$1 trillion in revenue by 2030

US-Iran peace deal: What it means for the Strait of Hormuz and oil supply

Nine killed, historic monastery on fire as Ukraine faces major Russian attacks

Hong Kong’s leader dodges questions on potential second term

Starbucks Korea to give staff history training after backlash over ‘Tank Day’ marketing campaign

Japan, South Korean stocks soar as US-Iran deal to reopen Hormuz drive optimism

BBC to cut hundreds of jobs in Britain in news division downsize: report

The enduring enigma of economic growth

Oil slips over 4% after US and Iran reach deal to end war, reopen Strait of Hormuz

South Korea watchdog probes brokerage over failed SpaceX IPO share allocation

Singapore’s total employment growth slows in Q1; job vacancies dip while retrenchments inch up

Investment story trumps size for Reits; the key is to be sufficiently differentiated 

Gold rises over 2% after US, Iran reach peace deal

Strait of Hormuz reopening would offer relief for Asia, but economic scars will remain

Shipowners seek clarity on US-Iran deal to open Hormuz as 600 vessels eye exit from strait

Asia hedge funds notch triple-digit gains in AI-led rally

ByteDance in talks with China’s Iluvatar CoreX to purchase AI chips: sources

Top banks rush to fill chief AI roles as talent jumps to rivals

‘Keep what works, change what does not’: PM Wong on Singapore’s approach to navigating challenges

US Fed’s Kevin Warsh caught between Trump and bond market betting on rate hikes

ExxonMobil studies takeover targets including Australia’s Woodside Energy

Trump veers toward exit in Iran war, but risks loom

Jack Ma-backed Ant Group set for high-stakes overhaul of billion-user Alipay

Singapore to offer OTC gold clearing, central bank vaulting by end-2026 amid gold-hub push

Japan central bank set to hike rates to highest since 1995 despite governor absence

Stocks to watch: Annica Holdings, Cosco Shipping, InnoTek

Lendlease seeks new auditor as KPMG Australia faces regulatory probe

Hong Kong issuers seek to boost trading in overlooked stocks

Australia’s central bank set for first rate pause of 2026 as bets on further hike ebb

Stock market moves on from SpaceX with Iran deal, US Fed in focus

Unshaken in Apac: Hilton sees strong demand, fundamentals, investment in region amid global flux

Millions-strong Myanmar diaspora fuels Thai market from craft beer to credit

S&P 500 expected to face continued downside momentum

Silent kingmakers: Market index providers are driving public investors into SpaceX and Big AI

AI agents must be as accountable as human workers

AI work platform Monday.com to use Singapore as its second Asia-Pacific HQ

Chinese economy stuck in slow lane as consumption heads for drop

Baltic Exchange Shipping Insights

JUN 14

Iran signals no deal will be signed by Trump’s Sunday timeline

Wall Street is gaining access to new catastrophe models to help predict wars

Allianz said to lead bidding for HSBC’s Singapore insurance unit

AI turns coders, lawyers and analysts into ghosts of London’s past

Iran says draft US deal includes oil sanctions waiver, nuclear limits and asset release

California’s general election is revealing fault lines in the Democratic Party

SpaceX surge further boosts Saudi billionaire prince’s fortune

Buyback momentum continues, director acquisitions broaden

Less travel translates into higher demand for consumer goods, drives up freight rates: Flexport

British forces intercept Russian shadow fleet oil tanker attempting to cross English Channel

South Korea’s world-beating stock market eyes MSCI developed status

Australia bets on high speed rail line as a housing crisis fix

Switzerland votes on plan to cap population at 10 million

Trump to meet Middle East partners on sidelines of G7 in France

Mag 7? Mangos? SpaceX IPO forces name rethink on Wall Street’s tech-stock moniker

Trump turns 80 with cage fight at the White House, even as political woes mount

Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind

Anthropic pulls its most advanced AI models, including Mythos, after US bars foreign access

Gold fever sends some vintage luxury watches to the melting furnace

ALL CAUGHT UP

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