TODAY

US wholesale inventories in May revised lower

IMF edges 2026 global growth forecast lower to 3%, sees rebound in 2027

BT is now on WhatsApp

Breaking news and our top stories, right to your phone.

Sugar market to register small deficit in 2026/27, says broker Czarnikow

Wall St opens lower as Trump says Iran deal is 'over'

PBOC pledges to maintain accommodative policy amid weak demand, external shocks

Bitcoin weakens as Trump’s remarks raise fresh Iran war concerns

Sparkly makeover: Inside Tiffany and Chaumet’s revamped Ion Orchard Singapore boutiques

SGX divests index provider Scientific Beta

US dollar steady around 1-week high after Trump says Iran MOU ‘over’

Changes to EV incentives, uncertainty over COE framework drive Category A premium to a new high in ‘re-run of 2025 mania’

Pakistani rescuers scour waters for cargo plane missing off Karachi coast

Takaichi wants to make Japan Inc great again

Daily Debrief: What Happened Today (Jul 8 )

Stocks fall as Trump declares US-Iran ceasefire ‘over’

The CBD crowd has a new lunchtime companion: art

Singapore stocks rise amid mixed regional showing; STI up 0.5%

Oil jumps over 5% after Trump says deal with Iran 'over'

Tencent inks first deal for carbon-removal credits outside China

Trump says interim accord to end war is ‘over’ after Iranian strikes

South Korea said to open cartel probe into Teo Siong Seng’s Singamas and other container makers

Cat A hits record S$129,000 as COE rises across the board

Nuclear power to climb 44% worldwide as China tops US: report

China lifts fuel export curbs for July, sources say

European football revenue goes past US$45.7 billion but growth is slowing: Deloitte

What will democracy in the US look like after 250 years?

From Anthropic to Zegna – the A-to-Z of Temasek’s strategies to thrive in a ‘polycrisis’ world

Temasek’s blue-chip portfolio companies drive value to record S$518 billion

AI, infrastructure, private credit ‘compelling opportunities’ for Temasek’s near-term returns

Temasek’s share of sustainability-aligned investments falls to 9.5% in FY2026

Singapore retail investors more bullish on AI stocks than global peers: eToro survey

Indonesia sell-off lures US$29 billion South African money manager who sees ‘compelling opportunities’

SGX-listed firms should be like DBS, be brave with forward guidance

Japan considers policy wording change as BOJ independence fears roil bonds

Danantara seals creation of Indonesia’s biggest asset manager

In praise of the World Cup’s little guys

Malaysia’s industrial property market shifts beyond the data centre boom

WP announces appointments for its top leadership body, co-opts MPs Fadli Fawzi, Andre Low

US strikes Iran and blocks oil sales in new test of ceasefire

EDB Global Founder Programme raises over US$2 billion in VC funding

New Zealand raises rates by 25 bps to 2.5%, flags further hikes to curb inflation pressures

Asian stocks steady as oil rises after US strikes Iran

Jewellery brand By Invite Only sets its sights beyond Singapore after 17 years at home

Budget-hotel platform RedDoorz set to knock on SGX’s door for 2027 IPO

Samsung scales up production of advanced storage drive for Nvidia’s Vera Rubin platform

S&P Dow Jones puts Indonesia on watch list for market downgrade

Frasers Property launches Dunearn House condo with prices from S$2,799 psf

South Korea to closely watch risks around stock market volatility

Gold holds drop as US strikes in Iran cloud rate hike outlook

Coffee trader seeks to shield more Vietnam growers from weather

Australia central banker says oil shock yet to slow economy

Foundation Healthcare closes 7.9% below IPO price in mainboard debut

Thailand woos heat-weary Europeans with travel and ACs

Stocks to watch: Frasers Property, ESR-Reit, Foundation Healthcare

Samsung to get jump on Apple’s first foldable with new phones in July

What is a protected cell company and how could it benefit businesses?

S-Reits poised for rerating despite hawkish Fed backdrop: DBS

From factory to tech frontier: China becomes legacy automakers’ innovation engine

UK jobs market downturn eases as pay pressure pick up: survey

Switzerland through to World Cup last eight after shootout win over Colombia

CEOs can take a leaf out of the playbook of World Cup coaches

Fed chair Kevin Warsh’s agenda clashes with reality

France’s Marine Le Pen says she will run for president in 2027, appeal her conviction

SK Hynix US listing said to be multiple times oversubscribed

ExxonMobil signals Q2 profit windfall as higher oil prices boost bottom line

Oil jumps after settlement as US revokes general license for Iran oil sales

European shares slip on Tuesday as global tech retreat weighs

US stocks: Nasdaq sinks as AI worries hit chipmakers

Messi rescues Argentina after Egypt takes 2-goal lead in World Cup thriller

YESTERDAY

Prince Harry and others lose privacy lawsuit against Daily Mail

Carousell turns ‘Ebitda-positive’ in FY2025 as recommerce powers growth

Amazon seeks to raise at least US$25 billion from bond sale

Gold falls as traders weigh Fed rate path and Hormuz attacks

Nasdaq falls at open as DeepSeek's AI chip push rattles markets

ESR-Reit proposes to buy 5 logistics assets in Australia for US$192.4 million

US trade deficit widens sharply in May as capital goods imports hit record high

MAS proposes new corporate structure to grow alternative risk transfer market

China’s DeepSeek developing its own AI chip: sources

Yen pinned near 40-year low with investors wary of intervention

Foundation Healthcare IPO 3.8 times subscribed

Apple supplier Luxshare sets Hong Kong listing at top of range, with Temasek and GIC as cornerstone investors

Tankers hit in Hormuz as millions mourn Iran’s Khamenei

Bank of England sees growing risks to financial stability from AI

Daily Debrief: What Happened Today (Jul 7)

Beijing is looking at curbing overseas access to China’s top AI models: sources

Singapore banks lead gains on STI; benchmark index up 1.6%

China regulator watches closely as US probes insider trading tied to Futu, Tiger Brokers

URA urges developers to take ‘risk-proportionate’ approach to anti-money laundering checks

Singapore to pump S$800 million into transport and connectivity research and innovation over 5 years

Frasers sells Sydney mall to PGIM, AFM joint venture for US$172.2 million

China’s next soft-power export could be beauty

French firm Carester to build rare earths separation plant in Malaysia’s Perak

High-net-worth women in Asia are out-investing men in alternatives: Brookfield survey

Thai regulator probes mystery investor’s US$1 billion stake in CP Group-backed telecom

Australia’s Lynas, South Korea’s JS Link sign deal for Malaysia magnet factory

AI won’t bring back era of rapid growth, says Nobel Prize winner

Beijing bolsters Hong Kong bond, gold trading in global renminbi push

Wall Street warms to SpaceX ahead of Nasdaq 100 inclusion

The US$100 billion question that SpaceX raised

GIC among top sovereign funds backing India’s largest asset manager in US$1.2 billion IPO: sources

Samsung, SK Hynix fall over 8% as Asian stocks decline on tech weakness

US forced-labour hearing begins, paving way for more Trump tariffs

Banks including JPMorgan relax return-to-office rules amid Europe heatwave

German industry grows more than expected on auto sector

Indonesia's 2026 budget deficit outlook seen at 2.85% of GDP

US tech stocks stumble, but the AI boom is far from over

The real AI bottleneck isn’t chips. It’s power

Indonesia, India sign BrahMos missile deal

Won’s 24-hour trading debut passes with below-average volume

Asean can lower cost of green transition by yuan debt: China’s green finance veteran

Oil climbs as fresh tanker strike highlights risks around Hormuz

Saudi oil price cut unlikely to convince sated Asia buyers, traders say

CICT, CapitaLand should snap up Bugis Junction Towers

10 dead after rain and storms batter provinces in China

HSBC reins in riskier private credit lending: FT

Meta says US states are seeking US$1.4 trillion in penalties for violating child safety law

Memory makers, especially the South Korean ones, must learn to speak up

Forging a career path in the non-profit sector

Singapore enters next phase of 5G roll-out as telcos achieve nationwide coverage

SMU launches capital markets initiative; chairman Piyush Gupta says market growth takes sustained reforms

China’s smartphone sales drop 13% during shopping festival as memory costs limit discounts

Gold slips for second day as Hormuz tensions fan inflation fears

How the EU can lead the rest of the West

Singapore to speed up cross-listing of foreign ETFs with 3-month approval target

Qatari LNG ship struck in Strait of Hormuz, testing US talks

Chinese firms leave Nvidia for local AI suppliers, survey shows

Vietnam’s island megaproject races towards Apec deadline, but demand test looms

DBS initiates UOB Kay Hian coverage with ‘buy’, S$4.80 target price

Belgium end US’ World Cup dreams with 4-1 rout amid Balogun row

Hong Kong begins trial operation of New gold clearing system

LG Energy profit misses estimates as slow EV demand hits

DBS, OCBC and UOB shares hit all-time highs as sentiment improves

Philippine inflation cools further in relief for central bank

Traders are most positive on the US dollar since 2015 as Fed hike looms

UOBKH ‘Alpha Picks’ lag STI on weakness in small and mid-caps in June; UIBREIT added for July

Hedge funds turn most negative on the Japanese yen since 2007

Myanmar bets on ancient temples, Buddhist pilgrimage sites to boost tourism

Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10

China’s booming gig economy masks job market pain, strains welfare system

Stocks to watch: DFI Retail Group, Banyan Group

Indonesia mulls 0% income tax to draw money to new financial hub

Japan’s real wages up for fifth month in May, slower due to inflation

Japan drives Asia offshore bonds to record, surpassing China era

Uber CEO Dara Khosrowshahi steps down from Grab’s board

When the disruptor gets disrupted: How Chinese open-source AI is eating its own industry

Europe’s central banks may come under political pressure, Panetta says

Samsung profit surges past estimates on AI memory chip demand

United Airlines must face lawsuit over ‘window seats’ that lack windows

Law Society’s disciplinary proceedings against Pritam Singh to be heard on Aug 13

Wall Street regulator should stick to quarterly reports, investor groups say

ESR review of startup share scheme taxes should address employee liquidity challenge: observers 

MAS’ next decision may say more about growth than costs

Why China’s Belt and Road Initiative will remain relevant despite growing competition

Trump says Walmart will lower prices on ground beef, other items

Trump says he expects to host China’s Xi in US around Sep 24

Dubai luxury property sales climb aided by pre-war deals: Knight Frank

US stocks: S&P 500, Nasdaq close sharply higher as Broadcom rallies

Spain eliminate rival Portugal in Cristiano Ronaldo’s World Cup exit

European shares retreat after hitting record high; easyJet surges on takeover offer

JUL 06

US service sector expands at a slower pace, hiring picks up

Volkswagen CEO faces acid test from unions over swingeing job cut plans

Gold falls after weekly gain as Fed rate-hike concerns recede

Lockheed to buy Ultra Maritime for US$3.45 billion in sea push

Broadcom, Apple extend chip partnership through 2031

Microsoft’s Xbox to cut 3,200 jobs, divest five studios in major overhaul

Wall St opens higher as chip shares recover

Blackstone, CVC and MUFG among bidders for stake in Vietnam’s fintech firm MoMo: sources

Malaysia sets July hearing on Lynas-Pentagon US$96 million rare earths deal

US dollar edges up; keeps yen pinned near 40-year lows 

Nvidia chips case: Man charged with fraud allegedly used over S$38m in ill-gotten gains to buy house

Indonesia’s long-term draw intact despite market, currency jitters, says new SBF chairman

Nvidia supplier Unimicron seeks US$1.4 billion share sale amid AI boom

Daily Debrief: What Happened Today (Jul 6)

Thales strikes deal for controlling stake in sea drone maker Exail

South Korea’s SK Hynix launches US$28 billion US listing to ride global AI wave

Singapore stocks rise amid mixed regional trading; STI up 0.3%

Who’s really keeping fossil fuels alive? Taxpayers globally

World absorbs historic Iran war oil supply loss, but depleted stocks bring risks

China’s biggest ETF is now a US$13 billion gold fund as state stock market support fades

UK's ITV to sell media and entertainment unit to Comcast's Sky for US$2.1 billion

In San Francisco, even US$180,000 tech salaries are no longer enough

Singapore’s equity market gains raise bar for new IPOs: OCBC

Japanese brewer Sapporo Breweries, Carlsberg to invest in US$643 million Singapore-based JV

Alibaba gets reprieve on lobbying ban tied to US Defense Department blacklist

Singapore, Indonesia seek closer energy and sustainability cooperation to power up green ties

Singapore, Indonesia vow closer cooperation, call for free passage through Strait of Hormuz

Philippine economy can handle one more rate hike, central bank governor says

From shampoo to cookies, consumer products get an AI makeover

South Korean won’s 24-hour trading era begins with cheers, applause

How crowds become stupider

Why Singapore’s workforce needs both openness and a strong local core

Nvidia AI server delay report sends Asian tech stocks sliding

German factory orders rebound as Iran-war effects fade

Moody’s warns Asia-Pacific private credit expansion to slow

Asian shares drop on chips, US dollar edges higher

NSE said to start marketing US$3 billion India IPO next week

Hong Kong’s Far East Consortium sells student housing to JD.com for US$95.6 million

Asia is at forefront of Acadian Asset Management’s private-wealth push: CEO

Singapore retail sales up 3% in May, missing forecasts

Thailand’s June headline CPI up 2.42% y/y, below forecast

ByteDance, Alibaba pull AI companions as Beijing tightens rules

Unease over Korea leveraged ETFs grows as lawmakers demand fix

US beef exports to China to pick up as rivals exhaust quotas

Weaker commodity prices set to tip Australia into trade deficit

Goldman cuts yen forecast to 165 per US dollar, likes carry trades

Philippine anti-graft court orders arrest of Duterte ally ahead of impeachment trial

China steps up financial risk cleanup under new top regulator

Samsung likely to post 18-times jump in profit on surging AI demand for memory

Does progressive payment for new projects fuel high new condo prices?

Singapore, China should deepen cooperation in green transition, AI and ageing: Chee Hong Tat

PayNow eyes merchant, business payments in next growth phase, puts heat on card networks

Singapore’s record-high electricity tariff drives retailers to roll out discounts, but price war unlikely

Oil drops as flows in Hormuz persist and Opec+ flags more supply

Trump heads to Nato summit to meet Zelensky, face wary allies

Gold trades near two-week high on cooling US rate-hike bets

Ringgit may rebound on capital flow measures: analysts

Record wave of IPO lock-up shares to hit Hong Kong market

Bankers say Asia loan market to stay weak as war saps confidence

Analysts up Sats target prices on cargo recovery, strategic growth

Europe’s heatwave is bright spot for China’s portable AC makers

Boutique condo developments likely to have more construction quality defects: BCA

Stocks to watch: SIA Engineering, Boustead

Hyundai Motor showcases humanoid at World Cup in robotics push

World Cup fever: After-hours matches leave Singapore businesses on the bench

Philadelphia Semiconductor Index shows signs of near-term exhaustion

Revised takeover code: Dealmakers welcome targeted guidance instead of ban on deal protection

Steady returns keep shareholders invested amid global uncertainty: GP Industries CEO

Knowing how to use AI is no longer enough. We need to build with it

Baltic Exchange Shipping Insights

Haaland double as Norway stun Brazil to reach World Cup quarter-finals

Japan’s love of plastic tested by supply constraints

The supertanker tycoon making millions on Hormuz shuttle runs

UK budget airline easyJet ready to accept US$7.3 billion takeover bid from Castlelake

ALL CAUGHT UP

You've seen the latest posts from the past 72 hours