Fashion

ESR-Reit proposes to buy 5 logistics assets in Australia for US$192.4 million
[SINGAPORE] ESR Real Estate Investment Trust (ESR-Reit) has proposed to buy five freehold logistics properties in Melbourne, Australia, for A$276.8 million (US$192.4 million).The acquisition would increase its distribution per...
China’s DeepSeek developing its own AI chip: sources
Published Tue, Jul 7, 2026 · 08:42 PM[BEIJING] Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter, a push that could...
Yen pinned near 40-year low with investors wary of intervention
Published Tue, Jul 7, 2026 · 08:39 PM[SINGAPORE/LONDON] The yen hovered near a four-decade low on Tuesday (Jul 7), leaving traders wary of possible intervention by Japanese authorities to...
Foundation Healthcare IPO 3.8 times subscribed
The Singapore offering is 9.4 times subscribed, with 3,805 valid applications for 87 million shares[SINGAPORE] The initial public offering of Foundation Healthcare was 3.8 times subscribed, the company said...
Singapore banks lead gains on STI; benchmark index up 1.6%
Published Tue, Jul 7, 2026 · 06:36 PM[SINGAPORE] Singapore stocks ended higher on Tuesday (Jul 7), led by gains in the local banking trio.The benchmark Straits Times Index (STI)...
China regulator watches closely as US probes insider trading tied to Futu, Tiger Brokers
CSRC says it would pay close attention and ‘carry out the relevant work’ in line with circumstancesPublished Tue, Jul 7, 2026 · 06:25 PM[BEIJING] China’s securities watchdog said it...
Jennifer Siebel Newsom sought to redefine the role of first spouse. Now, she faces her biggest test
Jennifer Siebel Newsom was frustrated.She was standing behind her husband, California Gov. Gavin Newsom, at a February press conference to celebrate a new bill that would give Planned Parenthood...
Frasers sells Sydney mall to PGIM, AFM joint venture for US$172.2 million
The Ed.Square Town Centre sale is the second divestment by Frasers Property Australia this year[SINGAPORE] A retail centre developed by Frasers Property Australia is set to be sold for A$248 million (US$172.2...
French firm Carester to build rare earths separation plant in Malaysia’s Perak
The projects would see technology transfers from the rare earths specialist to local miner MalacoPublished Tue, Jul 7, 2026 · 05:45 PM[KUALA LUMPUR] French company Carester plans to build...
Wall Street warms to SpaceX ahead of Nasdaq 100 inclusion
Index entry could draw over US$4 billion in flows to the company, JPMorgan estimatesPublished Tue, Jul 7, 2026 · 05:01 PM[NEW YORK] SpaceX’s addition to the Nasdaq 100 on...
Won’s 24-hour trading debut passes with below-average volume
The US dollar-won pair’s spot trading volume was 6% below the average of the past 30 daysPublished Tue, Jul 7, 2026 · 03:02 PM[SEOUL] Trading in the South Korean...
MAS proposes new corporate structure to grow alternative risk transfer market
The framework will lower costs for captive insurance, insurance-linked securities and sovereign risk pools[SINGAPORE] The Monetary Authority of Singapore (MAS) has proposed a new corporate structure designed to make...