Stocks and shares

SpaceX sets US$135 price for blockbuster IPO, upending Wall Street convention

SpaceX's decision to publish a price a week ahead of its landmark offering has few if any precedents among major US IPOs

US stocks close lower as Middle East tensions escalate

Traders work on the floor at the New York Stock Exchange in New York City, on June 3, 2026.

China extends outbound investment curbs to cover individual investors for first time

The shift potentially raises compliance hurdles for tech founders and even ordinary stock investors.

Victoria’s Secret shares soar 50% after moves to bring ‘sexy’ back

The company has revived its popular annual runway show and changed its stock ticker to VSXY from VSCO, saying “sexy has always been part of our DNA'.

Wall St ends modestly higher as AI zeal overcomes Middle East jitters

Traders working on the floor of the New York Stock Exchange, in New York City.

US securities body defends Musk settlement over Twitter, saying it reflects ‘compromises’

The settlement requires a trust in Elon Musk's name to pay $1.9 million t resolve the US Securities and Exchange Commission claims.

Andrew Left found guilty of fraud in case that spooked short-sellers

Andrew Left, founder of Citron Research, used explosive tweets about dozens of companies to illegally influence their shares and make a quick profit.

IBM shares surge as old clip of Trump’s praise recirculates

International Business Machines shares surged as much as 10 per cent on June 1 to a record high.

US stocks close higher, boosted by tech gains, US-Iran peace hopes

An S&P 500 chart on the floor at the New York Stock Exchange on June 1, 2026, in New York City.

Nikkei tops 67,000 for first time on AI boost; SoftBank becomes Japan’s most valuable firm

Both the Nikkei and Topix had notched all-time highs on May 29 on optimism over a near-term peace deal in the Middle East.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.