News

Top automakers urge US Congress to permanently ban Chinese cars
Companies such as BYD and Geely are quickly gaining market share around the worldPublished Fri, Sep 4, 2026 · 11:15 AMA COALITION of major automakers urged US lawmakers to...
Gold steady before US payrolls data, heads for small weekly gain
Published Fri, Sep 4, 2026 · 10:00 AM[BENGALURU] Gold held steady on Friday (Sep 4) and was poised for a small weekly gain, as attention turned to highly awaited...
South Korea stocks gain as Asian equities climb and Fed bets cool
Published Fri, Sep 4, 2026 · 09:29 AMASIAN stocks rose, tracking gains on Wall Street as investors pared bets on a US Federal Reserve interest rate hike in September...
Lululemon cuts outlook again, highlighting to-do list for new CEO
Published Fri, Sep 4, 2026 · 08:03 AMLULULEMON Athletica on Thursday (Sep 3) slashed its full-year forecasts again, underscoring that incoming CEO Heidi O’Neill has her work cut out...
‘Most of the good ones aren’t looking’: Singapore fintechs flag challenge of finding talent with both finance and tech skills
Beyond internships to build up the pipeline, observers say the task at hand is to find experienced hires[SINGAPORE] As Singapore moves to strengthen its fintech talent pipeline, market players...
Oil prices mixed as investors weigh Middle East escalation, chance of Ukraine peace deal
Published Fri, Sep 4, 2026 · 06:09 AM[NEW YORK] Oil prices were mixed on Thursday (Sep 3), supported after US strikes on Iran and renewed Israeli threats against Teheran revived...
PayPal cuts 220 India jobs as part of previously announced restructuring plan
Published Thu, Sep 3, 2026 · 11:28 PM[MUMBAI] PayPal has cut roughly 220 jobs in India as part of the payments firm’s broader, multi-year turnaround plan laid out earlier...
Nvidia to buy Hugging Face for US$13 billion in big bet on open AI models
Published Thu, Sep 3, 2026 · 10:33 PM[SANTA CLARA, California] Nvidia will buy popular developer platform Hugging Face for US$12.93 billion, betting that support for open AI models will...
Wall St opens higher after Fed’s Waller signals patience on rate policy
Published Thu, Sep 3, 2026 · 09:50 PM[NEW YORK] Wall Street’s main indexes opened higher on Thursday (Sep 3) after Federal Reserve governor Christopher Waller said he was open...
Green jet fuel levy for air cargo deferred for a year
[SINGAPORE] A green jet fuel levy for air cargo will be deferred for a year and start from Oct 1, 2027, for flights leaving Singapore from Jan 1, 2028.In a...
Singapore records S$1.3 billion inflow of funds in Q2, led by higher allocation funds: Morningstar
The financial services firm notes increasing underlying interest in Singapore equities today[SINGAPORE] Funds in Singapore recorded net inflows of S$1.3 billion in Q2 2026, driven by an increase in...
How influencers are taking center stage in Burbank
The exterior of the two-story, beige-colored building looks like any other drab office space near the Hollywood Burbank Airport. But on a recent weekday afternoon, the inside was bustling...