Singapore · Business
Same event, multiple sources, transparently cited.
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US-Iran Hostilities Push Oil Prices Above $95 Amid Strait of Hormuz Tensions
Renewed clashes between US and Iran caused oil prices to surge past $95 per barrel amid fears over Strait of Hormuz supply disruptions.
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TSMC reports 30% monthly sales rise driven by AI chip demand
TSMC posted a 30% increase in May sales, reflecting strong AI chip demand amid global supply shortages.
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BYD chairman says firm will be world's largest automaker within five years despite share slide
BYD chairman Wang Chuanfu declared the company aims to be the largest automaker globally by scale within five years amid falling shares.
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Singapore maid agency ordered to pay $1,558 for overstating helper’s Mandarin skills
A Singapore maid agency must pay $1,558 to a bedridden elderly woman after overstating a helper’s Mandarin proficiency, ruled the Small Claims Tribunals.
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DBS shares fall 3.3%, Straits Times Index drops 1.7% after US strikes on Iran
DBS shares fell 3.3% and the Straits Times Index dropped 1.7% on June 10 after US military strikes targeted Iran.
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Western Sydney Airport to open in October with 24-hour operations
Western Sydney Airport will open to passengers in October, offering 24-hour flights and a key freight hub role for Qantas.
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Thailand speeds up EU free trade talks to lessen dependence on US and China
Thailand is accelerating negotiations on a free trade agreement with the EU to diversify trade away from US and Chinese supply chains.
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JR East to replace magnetic train tickets with QR codes on conventional lines in spring 2027
East Japan Railway Company will phase out magnetic tickets for trips up to 100 km and adopt QR code tickets by spring 2027.
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Indonesia speeds up rice planting in 2026 to offset severe El Nino dry spells
Indonesian farmers and officials are accelerating rice planting ahead of a strong El Nino expected to extend dry season in 2026.
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Paytm to hire 4,000 staff in AI push while cutting 400 amid bank shutdown
Paytm plans to hire 4,000 employees over nine months as it cuts 400 jobs during regulatory-driven bank wind-down.
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Bombardier to invest S$100 million to expand Singapore aerospace service hub
Bombardier announced a S$100 million expansion of its Singapore service hub, doubling facility size and workforce by 2028.
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About 1,200 BTO flats in Toa Payoh and Sin Ming to have waiting times under three years
National Development Minister Chee Hong Tat announced two BTO projects with about 1,200 flats and shorter waiting times under three years.
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South Korea enforces simulated trading for leveraged chip ETFs, triggering investor pullback
South Korea began requiring a five-day simulated trading course for leveraged chip ETFs on August 19, sharply reducing trading activity.
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ComfortDelGro-RATP Dev consortium to operate Copenhagen metro from September 2027
ComfortDelGro and RATP Dev consortium won a 12-year contract to run Copenhagen's metro starting September 2027.
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Venezuela and US sign 25-year deal to boost oil production to 1.5 million barrels daily
Venezuela's interim president confirmed a 25-year energy agreement with the US to develop oil production and increase output to 1.5 million barrels per day.
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Glencore takes $480 million provision on Radiant World amid fraud probe
Glencore booked a $480 million provision on its exposure to iron ore trader Radiant World amid fraud concerns.
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Keppel launches 60 MW data centre project in South Korea's Ansan
Keppel's fund KDCF III acquired land in Ansan to develop a 60 MW data centre set to start service by 2030.
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Starhill Global Reit names Kemmy Tan CEO as June deals boost Singapore-listed firms
Starhill Global Reit appointed Kemmy Tan as CEO from July 1; Singapore firms secured major contracts and made key property bids in June 2026.
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US dollar slips after Iran ends attacks on Israel; May jobs data strengthen labor market
The US dollar slipped from a two-month high on June 8 after Iran halted attacks on Israel, while strong May payrolls bolstered expectations of Fed rate hikes.
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Johnson & Johnson to acquire Firefly Bio for $1 billion to boost cancer drug efforts
Johnson & Johnson will acquire biotech firm Firefly Bio for $1 billion to expand its cancer drug pipeline.
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iEdge Singapore Next 50 Index adds tech stocks, raises tech weighting to 26.2%
Singapore Exchange updated the iEdge Singapore Next 50 Index on June 22, adding four companies and increasing technology sector weighting to 26.2%.
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Singapore PM Lawrence Wong warns of economic risks amid global uncertainty
Prime Minister Lawrence Wong cautioned Singaporeans about economic and inflation risks as global tensions affect growth projections.
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HSBC CEO stresses human judgment amid AI integration, predicts job growth despite cuts
HSBC CEO Georges Elhedery said human judgment remains essential in banking as AI expands, with potential job growth alongside some cuts.
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Carlsberg Plans Up to $700 Million IPO for Its Indian Unit in 2026
Carlsberg A/S is preparing to file draft papers for a $700 million IPO of its Indian unit as early as June 2026.