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Abu Dhabi state oil firm makes US$18.7 billion bid for Australia’s Santos
[SYDNEY] Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 billion, the two firms said on Monday (Jun 16).Santos’...
Nippon Steel shares rise after Trump approves US$14.9 billion US Steel bid
[TOKYO] Nippon Steel shares rose on Monday after US President Donald Trump approved its US$14.9 billion bid for US Steel, clearing a key hurdle in its 18-month pursuit and...
Malaysia’s oil giant Petronas looks abroad to help cut production costs
[KUALA LUMPUR] Petroliam Nasional (Petronas), Malaysia’s state-owned oil and gas company, is looking to expand output from more affordable assets abroad in an effort to cut production costs and...
Leonard Lauder, billionaire heir to cosmetics empire, dies at 92
[WASHINGTON] Leonard Lauder, who built Estee Lauder into one of the world’s biggest cosmetics makers and catapulted himself into the top echelon of wealthiest New Yorkers, has died. He...
Indonesia bourse mulls extending trading window by one hour
The Indonesian stock market currently operates in a seven-hour window of 9.00 am to 4.00 pmPublished Mon, Jun 16, 2025 · 11:06 AM[JAKARTA] Indonesia’s stock exchange will consider extending...
No need for travel e-SIM or roaming: Singapore telcos offer generous cross-border data bundles
[SINGAPORE] More local telcos are offering “borderless” mobile plans at record low prices to woo an increasing number of globetrotting consumers.Such plans allow consumers to use a generous bundle...
Some SGX-listed energy stocks surge as oil prices rally on Israel-Iran conflict
[SINGAPORE] Shares of oil and gas companies listed on the Singapore Exchange (SGX) such as Rex International and RH PetroGas rose by more than 6 per cent at the...
Bank of Japan to weigh slowdown in bond buying cuts after volatility rises
[TOKYO] The Bank of Japan (BOJ) is set to consider whether to taper its bond purchases at a slower pace while also leaving its benchmark interest rate unchanged, in...
Gold glimmers near two-month high as Middle East conflict escalates
[BENGALURU] Gold prices rose on Monday (Jun 16), nearing a two-month high as investors sought refuge in safe-haven assets after intensified clashes between Israel and Iran stoked fears of...
Stocks to watch: Suntec Reit, ESR Reit, Sabana Industrial Reit, Acrophyte Hospitality Trust, Fu Yu
[SINGAPORE] THE following companies saw new developments that may affect trading of their securities on Monday (Jun 16): Suntec Reit; ESR Reit; Sabana Industrial Reit; Acrophyte Hospitality Trust: ESR...
Hong Kong bourse seeks to woo South-east Asia, Middle East firms for second listings
[HONG KONG] The Hong Kong stock exchange plans to attract listed companies in South-east Asia and the Middle East, in particular, for second listings in the financial hub, its...
Australia’s ASIC initiates probe into bourse operator ASX
Published Mon, Jun 16, 2025 · 08:06 AMAUSTRALIA’S securities regulator said on Monday that it has launched an investigation into Australian bourse operator ASX’s governance, capability and risk management...