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Shares skid in Asia as oil climbs on Gulf conflict
SYDNEY, July 13 : Share markets slid in Asia on Monday as fighting intensified in the Gulf and Iran claimed to have closed the vital Strait of Hormuz, sending oil prices surging and rekindling inflation risks globally. The dollar rose with bond yields as investors narrowed the odds of a hike in interest rates
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Oil prices spike on fresh US-Iran attacks, tech weighs on stocks again
Seoul led losses in most Asian stocks, dragged down by market heavyweight SK hynix’s 10 per cent plunge.
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Eligible Singaporean children to receive S$500 in Child LifeSG credits from Jul 14
Singaporean children born between 2014 and 2025 will receive the credits from Jul 14, 2026, while those born in 2026 will receive the payout in April 2027.
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FairPrice rolls out unit pricing initiative to all stores following trial programme
In a written parliamentary reply last week, Minister for Trade and Industry Gan Kim Yong said that a unit pricing pilot programme “will be expanded to cover more in-store and online outlets”.
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Vietnam speedboat captain in custody after deadly capsize
Police in southern An Giang province said the 57-year-old captain of the boat is in custody for “violations of laws” resulting in the capsize.
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Nippon Paint offers $8.6 billion for AkzoNobel decorative paints unit
July 13 : Nippon Paint has offered to buy AkzoNobel’s decorative paints business for €7.5 billion ($8.55 billion), the company said on Monday.Nippon Paint had previously sought to buy AkzoNobel’s entire business along with U.S.-based Sherwin-Williams for €12.5 billion, but the bid was rejected in May, aft
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SK Hynix sinks after Nasdaq debut amid profit-taking, easing earnings optimism
SEOUL, July 13 : SK Hynix shares dropped as much as 8.2 per cent in early Seoul trade on Monday as investors booked profit, after a high-profile U.S. listing saw the world’s leading AI memory chipmaker surge 12.8 per cent in its Nasdaq debut on Friday.The South Korean firm raised over $26 billion selling Amer
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Samsung Electronics to advance start of chip factory in Yongin to 2029
SEOUL, July 13 : Samsung Electronics said on Monday it aims to bring forward the start of operations of its chip fabrication site in the city of Yongin, south of Seoul, to 2029 from 2030-2031, as it seeks to keep up with surging demand for memory chips used in AI infrastructure.Last month, both Samsung and…
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Thailand probes deadly Bangkok bar fire as survivors report lack of rear fire escapes
Thai Prime Minister Anutin Charnvirakul said many victims were found at the restrooms at the back of the Rong Beer Na Lat Phrao bar.
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Chicken rice at Tiffany’s: The brand’s first cafe at Ion Orchard has a menu by Odette’s Julien Royer
Breakfast, dinner and everything in between can now be had at the new Blue Box Cafe at Tiffany & Co’s Singapore flagship store.
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