News

China trade corridor a good foundation to do more, as bilateral cooperation not sure ‘win-wins’: SM Lee
He adds trade is now mixed up with security and rivalry considerations, among others, with more effort needed for positive outcomes[NANNING] Amid uncertainties and worries over trade, what used...
S&P 500 and Nasdaq open lower as chip stocks drag, inflation fears persist
Published Tue, May 19, 2026 · 09:44 PM[NEW YORK] The S&P 500 and the Nasdaq opened lower on Tuesday (May 19), pressured by a selloff in heavyweight chip stocks...
Goldman Sachs targets ‘huge opportunity’ despite Iran shock
Published Tue, May 19, 2026 · 09:00 PMGOLDMAN Sachs Group’s international co-heads say the turbulent start to the year has done little to deter clients, underscoring Wall Street’s bullish...
Fatal SQ321 flight: a timeline
[SINGAPORE] Two years ago, a Singapore Airlines (SIA) flight on its journey home from the UK was struck with sudden turbulence, which sent it plunging over 50 m, leaving...
Robotic hand maker Linkerbot is said to consider Hong Kong IPO
Published Tue, May 19, 2026 · 07:18 PM[BEIJING] Linkerbot, a Chinese startup that specialises in making highly dexterous robotic hands, is considering an initial public offering in Hong Kong, according to people...
Coach owner Tapestry targets international markets for 70% of growth
Published Tue, May 19, 2026 · 06:46 PM[FASANO, Italy] Tapestry expects about 70 per cent of its growth over the next few years to come from international markets, with...
SQ321 final report: Radar issue may have left SIA pilots blind to severe turbulence
A possible radar blind spot and disputed hardware tests complicate liability for the fatal flight[SINGAPORE] The fatal SQ321 Singapore Airlines (SIA) flight in May 2024 may have flown into...
Japan’s faster economic growth offers window for BOJ rate hike
Expansion provides scope for higher borrowing costs and policymakers may want to act before Mid-East conflict starts weigh on growthPublished Tue, May 19, 2026 · 04:48 PMJAPAN’S economy grew...
Indonesia’s financial regulator says stock index reflects fundamentals after fall
The rupiah remained under pressure on Tuesday, hitting a record low of 17,730 a dollarPublished Tue, May 19, 2026 · 04:15 PM[JAKARTA] Indonesia’s stock market better reflects fundamentals now...
Australian stocks rebounds from 7-week low as RBA minutes hint near-term rate pause
Published Tue, May 19, 2026 · 03:54 PMAUSTRALIAN shares rebounded from a near seven-week low on Tuesday after minutes from the Reserve Bank of Australia signalled a wait-and-watch approach...
StanChart Singapore to hire more wealth bankers amid plans to cut over 7,000 jobs globally
It will cut more than 15% of its global corporate function headcount; the impact on Singapore roles is still unclear[SINGAPORE] Standard Chartered (StanChart) will continue to hire relationship managers...
‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI
Amid worries of AI leading to jobless growth, DBS is committed to supporting younger talent[SINGAPORE] DBS is reframing banking with agentic artificial intelligence, and maintaining an organisational culture open...