News
China narrows AI gap with US as open-source shift could hit valuations: George Yeo
This could erode major LLM developers’ proprietary ‘moats’ and premium pricing power[SINGAPORE] With more companies in China opening up their large language models (LLMs), Yeo noted a trend of...
Gold heads for weekly drop as Gulf attacks reinforce rate-hike bets
Spot gold holds its ground at US$4,122.09 per ounce as of 0047 GMT and heads for an over 1% weekly fallPublished Fri, Jul 10, 2026 · 09:56 AM[BENGALURU] Gold...
Stocks to watch: China Aviation Oil, Marco Polo Marine
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Jul 10): China Aviation Oil : The fuel company on Thursday said its...
Oil prices settle 2% lower as economic worries outweigh supply risks
Published Fri, Jul 10, 2026 · 06:06 AMOIL prices slid about 2 per cent on Thursday (Jul 9) on worries that rising inflation and other economic concerns could weigh...
Tech rebound lifts European shares after three-day slide
Published Fri, Jul 10, 2026 · 05:53 AMEUROPEAN shares gained for the first time this week on Thursday (Jul 9), as a rebound in technology stocks tempered lingering concerns about...
S&P 500, Nasdaq open higher as chip stocks gain
Published Thu, Jul 9, 2026 · 09:48 PM[NEW YORK] The S&P 500 and the Nasdaq edged higher at the open on Thursday (Jul 9), as gains in chip stocks...
Dollar drifts with oil; Gulf tensions, Fed minutes in focus
Published Thu, Jul 9, 2026 · 08:34 PM[LONDON] The dollar backed off this week’s highs on Thursday (Jul 9) as the US and Iran carried out renewed attacks, despite...
PepsiCo beats revenue estimates, flags pressure from tighter consumer budgets
The beverage giant benefited from resilient demand for zero-sugar sodas in some of its key marketsPublished Thu, Jul 9, 2026 · 07:04 PM[LONDON] PepsiCo beat Wall Street estimates for...
Meta’s new AI image generation tool raises alarm in Hollywood
Influencers under Kyle Hjelmeseth’s talent management firm build their Instagram presence on lived experience. Their control over that image and likeness got shakier Tuesday when Instagram’s parent company Meta...
Asia growth improves but ADB warns of persistent headwinds
The bank forecasts the region’s economy will expand 4.9% in 2026, up from the 4.7% estimate in a special update earlierPublished Thu, Jul 9, 2026 · 04:37 PM[MANILA] Economic...
How Temasek is leveraging AI for better all-round performance
It plans to grow AI-linked investments from 6% to 15% of its portfolio, says Temasek Global Investments’ CEO[SINGAPORE] As markets remain caught up in the latest hype over SpaceX...
Singapore’s competition watchdog seeks feedback on Texas Instruments’ proposed acquisition of Silicon Labs
Both entities are Nasdaq-listed companies with global activities extending to the city-state[SINGAPORE] Singapore’s competition watchdog has launched a public consultation on Texas Instruments’ (TI) proposed acquisition of wireless technology...