News

Proposed billionaire tax could impact California sports teams
The billionaires targeted by the wealth tax on the November ballot include owners of some of California’s top sports teams and, among them, there will be winners and losers...
Euro sinks on French debt worries; yen gains for week on AI rout
Published Sun, Oct 25, 2026 · 06:45 PMTHE euro fell on Friday (Oct 23) and was on track for a weekly loss against both the US dollar and the...
SGX’s new ETFs offer Asia, global exposure, but broad baskets can hide risk
Fees and currencies can affect returns, while single-country and AI funds carry concentration hazards[SINGAPORE] A spread of new exchange-traded funds (ETFs) listed on the Singapore Exchange (SGX) offers convenient...
Chairmen lead insider buying as earnings season begins
Twenty primary-listed companies conduct buybacks totalling S$20 million, half the previous week’s run rate[SINGAPORE] Over the five trading sessions from Oct 16 to 22, more than 70 filings relating...
Singapore expects all parties to honour commitments, says PM Wong after Indonesia cuts gas exports
[SINGAPORE] Singapore expects all parties to honour their commitments made under commercial contracts, and the country’s gas importer will take necessary steps to protect its rights and interests, said...
Sydney’s new international airport opens to passengers
Start of passenger services comes after cargo flights commenced at the facility in JulyPublished Sun, Oct 25, 2026 · 08:55 AM[SYDNEY] Sydney’s new A$5.6 billion (US$3.94 billion) airport opened...
Apple’s iPhone Duo hits stores in face of short supply and high demand
The smartphone is the company’s most radical reinvention in its nearly two-decade historyAPPLE quickly sold out of its limited in-store inventory for the new iPhone Duo, underscoring the strong...
Fast-fashion group Shein agrees to pay US$100 million to settle US FTC probe
It is also still under investigation by the European Commission over illegal products on its websitePublished Sat, Oct 24, 2026 · 09:26 AM[LONDON] Chinese fast-fashion giant Shein has agreed to pay US$100...
US stocks: Wall Street closes lower to end rocky week
Published Sat, Oct 24, 2026 · 07:45 AMWALL Street’s main indexes closed lower on Friday (Oct 24) even as technology shares steadied somewhat to end a turbulent week for...
NEA issues notices to 10 Singapore-based companies, including Wilmar and APP, over haze
It seeks information on firms’ Indonesian land concessions, corporate links and measures to prevent, fight fires[SINGAPORE] The National Environment Agency (NEA) has issued notices to 10 Singapore-registered companies, including...
KKR founders among investors buying 42% of Peter Lim’s Valencia; club valued at US$1.4 billion
The Singapore billionaire’s Meriton Holdings remains majority shareholder of the Spanish team[SINGAPORE] Pitchwise Holdings – a consortium of US investors – has acquired a 42 per cent stake in...
Singapore shares edge higher despite losses in local banks; STI up 0.1%
[SINGAPORE] Singapore stocks ended higher on Friday (Oct 23). The benchmark Straits Times Index (STI) gained 0.1 per cent or 7.02 points to finish at 5,422.16. CapitaLand Investment led...