News

Oracle to spend an additional US$700 million on more job cuts
It is grappling with a cash crunch tied to the development of large-scale data centres for AI workPublished Sat, Sep 12, 2026 · 03:50 PM[TEXAS] Oracle increased the scale...
US derivatives regulator clears faster payouts for tipster awards under US$5 million
It plans to automatically award successful whistle-blowers 30% of any enforcement penalties collectedPublished Sat, Sep 12, 2026 · 02:42 PM[NEW YORK] The Commodity Futures Trading Commission (CFTC) plans to...
Nvidia in talks to invest in Anthropic’s mega IPO: sources
The AI startup is seeking to raise as much as US$100 billion that could value it at around US$2 trillionPublished Sat, Sep 12, 2026 · 11:55 AM[SAN FRANCISCO] Anthropic...
VinFast names founder’s eldest son as its global chief executive
Published Sat, Sep 12, 2026 · 11:23 AM[HANOI] Vietnamese electric vehicle maker VinFast on Saturday (Sep 12) named chairman Pham Nhat Quan Anh, the eldest son of founder Pham...
Oil falls but head for 8% weekly gain on tight supply; US diesel hits record
Published Sat, Sep 12, 2026 · 09:52 AM[HOUSTON] Oil prices fell on Friday (Sep 11) but remained on course for a weekly gain of more than 8 per cent,...
‘It’s going to be fine’: Trump rebuffs rising alarm over AI dangers, sparking outcry
WASHINGTON — President Trump is brushing aside growing concern among leading scientists and bipartisan lawmakers that artificial intelligence could soon pose an existential threat to humanity, fueling anxiety in Washington and...
Dollar edges higher against euro after US inflation data
Published Fri, Sep 11, 2026 · 09:59 PM[NEW YORK] The US dollar edged higher against major peers on Friday (Sep 11) after closely watched inflation data showing higher consumer...
STI inches up 0.1%, bucking regional trend as oil continues surge
[SINGAPORE] Singapore stocks ended higher on Friday (Sep 11), bucking a regional trend as Asian markets slumped amid renewed tensions in the Middle East.The benchmark Straits Times Index (STI)...
US listing could put Japan’s Kioxia in global AI spotlight, Voya’s Thomas says
The firm has said it is preparing to list American depositary shares to grow its investor basePublished Fri, Sep 11, 2026 · 04:33 PM[TOKYO] A plan by Kioxia to...
ECB’s hawkish stance prompts calls for further rate hikes
Traders are pricing in a 93.9% chance of a quarter-point rate hike from the ECB in DecemberPublished Fri, Sep 11, 2026 · 03:21 PM[NEW YORK] Goldman Sachs, Citigroup and...
Micron’s Taiwan workers to get rewards worth up to 68 months of pay
Published Fri, Sep 11, 2026 · 01:18 PM[TAIPEI] Micron Technology said on Friday (Sep 11) its direct labour employees in Taiwan would receive bonuses equaling 35 to 68 months of...
Sydney Airport flights disrupted due to air traffic controller shortage
Published Fri, Sep 11, 2026 · 12:54 PM[SYDNEY] A shortage of air traffic controllers caused flight cancellations and major delays at Sydney Airport on Friday morning (Sep 11), the...