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Singapore stocks close higher amid cautious Middle East outlook; STI up 0.4%
May 22, 2026
[SINGAPORE] Singapore stocks ended higher on Friday (May 22), even as investors stayed cautious amid ongoing US-Iran peace talks aimed at ending the conflict in the Middle East.The benchmark...
Bank of Japan chief says he agreed to maintain dialogue with PM, no talk of June rate hike
May 22, 2026
Published Fri, May 22, 2026 · 06:42 PM — Updated Fri, May 22, 2026 · 07:31 PM[TOKYO] Bank of Japan Governor Kazuo Ueda said on Friday he had agreed...
Citi to boost Asia wealth business with ‘significant’ hires, global head says
May 22, 2026
Published Fri, May 22, 2026 · 05:30 PM[HONG KONG] Citigroup plans to allocate a significant portion of its global wealth management hiring to Asia, where its private bank is...
StanChart CEO apologises for ‘lower-value’ comments after outcry
May 22, 2026
Published Fri, May 22, 2026 · 04:49 PMSTANDARD Chartered chief executive officer Bill Winters apologised for his comments earlier this week about how artificial intelligence will affect “lower-value human...
Qatar Airways to skip staff bonuses due to Iran war impact
May 22, 2026
The carrier has been the most impacted airline in the region by number of suspended flightsPublished Fri, May 22, 2026 · 04:16 PM[DOHA] Qatar Airways will skip handing out...
Japan’s Nikkei rallies to record close as AI shares shine
May 22, 2026
Published Fri, May 22, 2026 · 03:03 PM[TOKYO] Japan’s Nikkei share average soared to a record-high close on Friday (May 22) as AI shares rallied on the back of...
AMD ramping up Taiwan capacity as global CPU market tightens
May 22, 2026
CPUs are taking centre stage as companies and businesses gravitate towards agentic AIPublished Fri, May 22, 2026 · 02:19 PM[TAIPEI] Advanced Micro Devices (AMD) is working with Taiwan partners...
Philippine central bank governor says it is considering off-cycle rate hike
May 22, 2026
Spiralling fuel costs have raised concerns that pump prices could trigger hikes in other consumer goodsPublished Fri, May 22, 2026 · 12:44 PM[MANILA] The Philippine central bank could hike...
In 3 GIFs: How the Iran war has changed tanker traffic through Hormuz, Malacca straits
May 22, 2026
[SINGAPORE] In the early hours of May 13, a Chinese supertanker carefully made its way across the Strait of Hormuz, one of the rare crossings since Iran closed the...
DeepSeek founder declares artificial general intelligence goal as 70 billion yuan funding round advances
May 22, 2026
The state vehicle’s involvement underscores the importance that Beijing is attaching to the startupPublished Fri, May 22, 2026 · 11:57 AM[BEIJING] DeepSeek’s senior management has told potential investors in...
Starbucks scraps AI tool nine months after deployment over item-counting flops
May 22, 2026
Staff share internal feedback praising the change: ‘Thanks for discontinuing Automatic Counting!’Published Fri, May 22, 2026 · 10:50 AM[NEW YORK] Starbucks terminated an AI programme workers used for automating...
GIC-backed co-working firm JustCo ends 17.6% below IPO price in lacklustre mainboard debut
May 22, 2026
[SINGAPORE] Shares of flexible workspace operator JustCo fell below their initial public offering price in a tepid mainboard debut on Friday (May 22).This marked Singapore Exchange’s fifth listing and...