News
AI rules in South-east Asia: risks, fines and everything else you need to know
Making the effort to know the difference between what is voluntary and mandatory is key for any CTO or product leadIF YOU build or deploy AI in South-east Asia,...
California falls behind Texas in Fortune 500 ranking
Texas has dethroned California as the state with the most Fortune 500 companies. The Fortune 500 list ranks the largest U.S. companies by revenue. This year, 57 of the...
US: Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears
Rising interest rates and the Iran war weigh on sentiment heading into the weekendPublished Sat, Jun 6, 2026 · 07:59 AM[NEW YORK] Wall Street’s nine-week winning streak ended with...
Chinese, HK investors banned from SpaceX IPO on security grounds: sources
The decision is driven by internal guidance related to US International Traffic in Arms RegulationsPublished Fri, Jun 5, 2026 · 06:41 PM[HONG KONG/NEW YORK] Underwriters on SpaceX’s US$75 billion...
Singtel gets funding boost from government to strengthen AI push, create high-value roles
Telco will partner Digital Industry Singapore in a move that can help the Republic strengthen its artificial-intelligence sovereign capabilities[SINGAPORE] Singtel will partner Digital Industry Singapore (DISG) to strengthen its...
Latest data show Californian conundrum: high growth but high unemployment
California, the epicenter of the artificial intelligence boom, continues to grow its economy faster than the nation, but more people are losing their jobs and the cost of living...
Data centre operator DayOne raises US$4.5 billion in Series C funding
New investors include sovereign wealth fund Indonesia Investment Authority and Achi Capital Partners[SINGAPORE] Data centre operator DayOne announced on Friday (Jun 5) that it has raised US$4.5 billion in...
Chinese brokers pump US$5.6 billion offshore to fight Wall Street
Brokers are prioritising overseas growth to escape intensifying competition in the domestic marketPublished Fri, Jun 5, 2026 · 04:41 PM[BEIJING] Chinese brokerages are doubling down on international expansion with...
AllianzGI in exclusive talks to buy UOB Asset Management: sources
The details are being finalised on a transaction that could be valued at up to S$600 millionPublished Fri, Jun 5, 2026 · 03:41 PM[SINGAPORE] Allianz Global Investors is in...
Talent fight heats up in India finance hub as DBS, Standard Chartered chiefs quit
Published Fri, Jun 5, 2026 · 01:27 PM[MUMBAI] India’s international finance hub is facing intensifying competition for talent, with the local heads of two foreign lenders resigning in quick...
