The Business Times

China home prices fall at faster pace in setback to revival Resale home values have decreased 0.26%, the most in three months.

Nearly S$100 million to be pumped into municipal, industrial water solutions: Gan Kim Yong Climate change brings extreme weather with a third of Singapore at risk of coastal flooding, DPM Gan says.

Strait of Hormuz transit will take ‘weeks’ to resume: Mitsui OSK CEO tells FT The agreement between US and Iran being finalised had not changed Jotaro Tamura’s view.

Asia markets temper Iran deal optimism; investors assess BOJ rate hike The initial excitement over the preliminary agreement between US and Iran is beginning to fade.

China’s Xi endorses leadership of Myanmar’s president as both leaders meet in Beijing Min Aung Hlaing is in China for a five-day state visit until Jun 19.

Bank of Japan raises interest rates to 31-year high in widely expected move The central bank decides to raise its short-term policy rate to 1% from 0.75% by a 7-1 vote.

KPMG scandal deepens Big Four accounting firms’ woes in Australia Latest controversy will likely accelerate sector decline, analysts say.

Scenario of AI-driven jobless economic growth need not scare investors and society Singapore can win in the age of AI and this will benefit local equities.

Trump may release US-Iran deal before Friday: Vance Trump may decide to release the agreement with Teheran before Friday, says V-P Vance.

Xiaohongshu targets end of June for confidential Hong Kong IPO: sources The potential listing that could rank among the city’s largest in recent years.

Fintech titans GCash and Maya test IPO goals as Philippine market thins The profitable rivals backed by PLDT and Globe Telecom are taking different routes to market.

Zouk expands into Mice and concerts with S$6 million revamp, focuses on differentiated experiences CEO Andrew Li aims for Mice to account for 15-20% of Zouk Singapore’s revenue within the next two years.

Wall Street rallies, Dow ends with record on US-Iran deal, oil price slide Traders expect the US Federal Reserve to leave interest rates unchanged this week.

BlackRock said to be in exclusive due diligence for Capri by Fraser China Square The price is expected to be about S$330 million; the hotel is on a long lease with a balance of about 69.5 years.

Oil rebounds on concerns about US-Iran peace deal, restoration of supply Prices are now more than 30% lower than their peak at the height of the war.

SpaceX surges 20% in first full day of trading to add US$412 billion in value The stock climbed 20 per cent on Monday (Jun 15), extending Friday’s 19 per cent rally, to add US$412 billion in market value.

Trump says US-Iran deal is ‘all signed’, but details remain unclear US Vice-President Vance would attend a formal signing ceremony in Geneva on Jun 19.

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