Singapore Q2 GDP grows more than expected but eases from 4-yr high

Good morning. Wharton professor Eric Bradlow, who serves as the vice dean of AI and analytics, calls AI the most consequential innovation of his lifetime. A computer scientist and statistician, he’s drawn to AI for its ability to sift massive data sets, solve complex problems in seconds, and democratize knowledge—especially in business. In a video…

Renewed anxiety over the Iran-US truce has lifted oil prices as risk concerns disrupt tanker traffic through the Strait of Hormuz. Analysts say markets are reacting to geopolitical uncertainty, which could feed through to higher petrol prices if shipping remains constrained. In the US, average petrol prices edged up to USD 3.80 per gallon. News…

Apple’s incoming CEO John Ternus steps into the chief executive role in less than two months. He’s got some massive Tim Cook-sized shoes to fill. The outgoing CEO is leaving with Apple stock (Nasdaq: AAPL) currently near an all-time high of over $300 per share and a massive market cap of more than $4.5 trillion,…

Mumbai: Pre-IPO placements are making a comeback after a subdued start to 2026, with companies seeking to capitalise on strong institutional demand for upcoming public issues by locking in valuations and bringing in marquee investors ahead of their listings. So far in July, three companies have raised funds before launching their initial public offerings. At…

While semiliquid private credit funds continue to dominate headlines after experiencing heightened redemption requests over the past several quarters, industry insiders predict the trend will eventually spread to the private equity sector. However, they don’t view it as a bad thing, noting instead that individual investors will come to better understand how semiliquid funds work…

Employees of Central Autonomous Bodies (CABs) covered under the National Pension System (NPS) will now be able to choose from two additional investment options that were previously available only to union government employees. The move expands investment flexibility for thousands of NPS subscribers working in autonomous institutions and allows them to select a pension strategy…