Companies & Markets

A record-breaking heatwave in Europe, the world’s third-largest sugar grower, has put the region’s sugar beet crop (top) at risk.

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

[LONDON] The global sugar market will be in a modest deficit of 600,000 metric tons in the 2026/27 season, thanks largely to reduced output in the European Union, sugar broker and supply chain service...

The Dow Jones Industrial Average fell 166.7 points, or 0.31 per cent, at the open to 52,758.47.

Companies & Markets

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

[NEW YORK] Wall Street’s main indexes opened lower on Wednesday (Jul 8) after President Donald Trump said an interim deal aimed at ending the war with Iran was “over,” sending oil prices higher and tr...

“China’s economy has remained generally stable while progressing toward higher-quality development, with new achievements in upgrading and optimisation,” the central bank said.

Banking & Finance

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

The economy was facing a mismatch between strong supply and weak demand

The selloff picked up steam after US President Donald Trump said the tentative ceasefire with Iran was over, raising the prospect of renewed military conflict

Banking & Finance

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

The largest cryptocurrency fell more than 3% to around US$61,691 on Wednesday

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The transaction is also a part of the group’s drive for active portfolio management and capital allocation.

Companies & Markets

SGX divests index provider Scientific Beta

The deal enables ‘the redeployment of resources towards capabilities aligned with its growth priorities’, SGX says

The US dollar index, which measures its strength against a basket of six currencies, was little changed on the day at 101.19.

Banking & Finance

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

[LONDON] The greenback was broadly steady at its highest level in roughly a week on Wednesday (Jul 8) after US President Donald Trump said an interim memorandum of understanding signed with Iran to en...