Oil surges above US$100 again as Iraq halts ports, IEA release fails to quell rally
The IEA has recommended the release of 400 million barrels of oil, the largest such move in its history
Fuel switch incident, surging fuel prices put Air India’s turnaround under fresh test
Rising fuel costs amid escalating Middle East tensions are compounding its challenges
Ringgit’s rebound tests Malaysian exporters as Singdollar remains resilient
Businesses say the strengthening ringgit is starting to squeeze exporters’ margins, though SME importers get cost relief
Iran says truce depends on US, Israel pledging not to strike
Teheran continues to fire missiles and drones towards Israel and Gulf states
Market volatility highlights Indonesia’s overlooked climate and resource risks
But challenges can be seen as an opportunity to link market reform and financial stability with better stewardship and environmental resilience
Expect higher electricity prices despite Singapore’s energy security: Tan See Leng
Middle East conflict will affect LNG costs, but Republic has ‘multiple lines of defence’, notes minister

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Opinion
Singapore
OG denies conspiracy claims to injure Hao Mart and owner in lawsuit involving GCB mortgage
This is one of four lawsuits involving OG and Hao Mart relating to the lease of the Taste Orchard premises
CDL eyes chances to unlock value from commercial portfolio, keeps options open for mature assets
Its revamped City Square Mall has about 26,000 sq ft more in gross floor area and new leases at higher rental rate
Liquidators lose appeal to sue StanChart, BSI over dodgy 1MDB deals
The appellants are pursuing other ‘workarounds’, such as winding up the relevant entities involved
The Leadership Playbook
Future Food’s RM50 million rise was years in the kneading and proving
Founder Sean Tan has built a leadership style anchored on understanding, not commanding
Kopi Kenangan is profitable now, but its CEO thinks his pitfall was ‘too much funding’ at the start
The coffee chain is starting – but not rushing – its global roll-out early to future-proof the business
From fashion to aviation: Doris Tan leads Shell’s green jet fuel take-off
Tan believes that green jet fuel is the best bet to decarbonise flying, as Asia gears up for a travel boom
In charts: Singapore’s energy and chemicals sector in focus as Middle East conflict escalates
The sector’s green pivot could help it be less vulnerable to oil and gas disruptions in the long term
Asean
GoTo earnings forecast tops estimates after cost reductions
Growth cooled from its breakneck pace as the firm pivots to focus on profitability
Vietnam taps fuel fund to steady prices amid risks of shortages
The government begins disbursing money from its fuel price stabilisation fund starting midnight on Tuesday
Malaysia has enough supplies to maintain subsidised transport fuel price, PM Anwar says
The Cabinet will hold a special meeting on Friday to review the country’s fiscal position

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International
Apple’s foldable iPhone to feature iPad-like interface when opened
The back of the phone will include two rear cameras
Nvidia invests US$2 billion in Nebius in new data centre deal
[AMSTERDAM] Nvidia will invest US$2 billion in Nebius Group as part of a strategic partnership to develop and build artificial intelligence data...
Trump administration estimates Iran war cost at over US$11 billion in six days, source says
About US$5.6 billion of munitions were used during the first two days of strikes