News
Malaysia’s finance ministry hires adviser to assess AirAsia’s funding needs
South-east Asia’s largest budget carrier seeks fresh capital amid mounting financial pressurePublished Thu, Sep 3, 2026 · 04:39 PM[HONG KONG/KUALA LUMPUR] Malaysia’s finance ministry has hired Alton Aviation Consultancy...
Malaysia’s central bank maintains key policy rate, says growth momentum to continue in 2027
Published Thu, Sep 3, 2026 · 03:56 PM[KUALA LUMPUR] Malaysia’s central bank kept its benchmark interest rate steady for the seventh straight policy meeting on Thursday (Sep 3), as...
CapitaLand Investment retrenches 90 Singapore staff in 2026 as part of restructuring
[SINGAPORE] Real estate manager CapitaLand Investment (CLI) has cut 90 jobs – about 4 per cent of the Singapore workforce – in 2026, the firm told The Straits Times, without...
Australian dollar hovers near 13-year high on kiwi as rate outlooks diverge
Published Thu, Sep 3, 2026 · 01:32 PM[SYDNEY] The Australian dollar held near a 13-year high against the kiwi on Thursday (Sep 3) as markets bet on diverging rate...
From tokens to outcomes: Google Cloud’s global startups head sees AI cost shift, expands Singapore push
Darren Mowry is looking to grow the customer service and support, engineering and ecosystem teams[SINGAPORE] As artificial intelligence usage grows, more startups are shifting from measuring the cost of...
South Korea, Japan stocks climb as Asian equities mirror Wall Street gains
Oil slips after US President Donald Trump played down prospects of a prolonged Iran conflictPublished Thu, Sep 3, 2026 · 09:11 AMASIAN stocks followed Wall Street higher, while oil...
UBS opens institutional fund strategies to Asia’s wealthy – with US$5 million buy-in
The Swiss bank is wooing family offices and the ultra-rich with exclusive strategies and deeper portfolio analytics[SINGAPORE] UBS is opening a door, once typically reserved for institutional investors, to...
Keppel DC Reit’s Tokyo drift: The easy yen trade is over
There is a risk trailing every data centre valuation today: the threat of quickly becoming outdated[SINGAPORE] Keppel DC Real Estate Investment Trust’s (Reit) S$1.4 billion purchase of two Tokyo...
Broadcom forecasts quarterly sales below estimates amid rising custom AI chip competition
It estimates fourth-quarter revenue of about US$34.8 billion, compared with analysts’ average estimate of US$35.03 billionPublished Thu, Sep 3, 2026 · 06:25 AMBROADCOM forecast quarterly revenue below Wall Street...
Oil edges down as investors weigh uncertainty over US-Iran strikes
Published Thu, Sep 3, 2026 · 06:08 AM — Updated Thu, Sep 3, 2026 · 09:42 AM[BEIJING] Oil prices edged lower on Thursday (Sep 3) as investors weighed the...
