Fashion
UOB found ‘grossly negligent’ over Stamford Land rights issue advice, to pay S$1.9 million
The High Court says the bank failed to exercise reasonable skill and care in advising the hospitality company[SINGAPORE] UOB has been ordered to pay Stamford Land S$1.9 million after...
Australia’s central bank raises cash rate to 15-year peak
Published Tue, Sep 29, 2026 · 12:59 PM[SYDNEY] Australia’s central bank raised its cash rate to a 15-year high of 4.6 per cent on Tuesday (Sep 29) in its...
Australia’s central bank lifts rates to 15-year high, signals risk of further hikes
Published Tue, Sep 29, 2026 · 12:59 PM — Updated Tue, Sep 29, 2026 · 01:36 PM[SYDNEY] The Reserve Bank of Australia raised its cash rate to a 15-year...
MAS allocates S$1.45 billion to five asset managers in third EQDP batch: Chee Hong Tat
[SINGAPORE] The Monetary Authority of Singapore (MAS) will allocate S$1.45 billion to five asset managers under the latest round of its Equity Market Development Programme (EQDP), taking total allocations...
Shares of fast-fashion’s Shein plunge 14% to record low after profit slides 67%
Published Tue, Sep 29, 2026 · 10:24 AM — Updated Tue, Sep 29, 2026 · 01:42 PM[HONG KONG] Shares of fast-fashion retailer Shein tumbled as much as 14 per...
Anthropic warns AI may pose ‘existential risks to humanity’ in IPO filing
Published Tue, Sep 29, 2026 · 09:46 AMANTHROPIC plans to caution potential investors in its IPO that advanced AI could pose “catastrophic or existential risks to humanity,” an extraordinary...
Nvidia sets biggest-ever buyback plan as AI chip competition weighs on stock performance
Nvidia boosts its remaining buyback capacity to US$235 billion, which it expects to deploy through fiscal 2028Published Tue, Sep 29, 2026 · 09:24 AMNVIDIA boosted its share buyback authorisation...
Samsung to invest US$1 billion in KKR’s AI infrastructure company
Helix Digital Infrastructure aims to secure infrastructure needed to bring enormous computing facilities online quicklyPublished Tue, Sep 29, 2026 · 08:50 AM[NEW YORK] Samsung Group companies including Samsung Electronics...
Surging revenue, widening losses and a sweeping AI vision: Inside Anthropic’s IPO prospectus
Published Tue, Sep 29, 2026 · 08:45 AMANTHROPIC is making a massive bet that AI will transform the global economy more profoundly than industrialisation, electricity and the Internet, according...
Mapletree Industrial Trust to sell Minnesota data centre property for US$9.8 million
Net proceeds from the sale may be used to pare down debts and/or fund working capital requirements[SINGAPORE] Mapletree Industrial Trust (MIT) is set to sell a data centre property...
