News

South-east Asia fintech funding trebles to US$2.3 billion in 9M 2026 even as deal volume sinks
[SINGAPORE] South-east Asian fintech startups raised US$2.3 billion in the first nine months of 2026, driven by a handful of “mega-rounds” that masked a steep drop in broader regional...
UBS mulls moving headquarters from Switzerland if capital rules tighten: WSJ
The options include acquiring a US financial institution and relocating, merging with a European rival, or selling itself to a US bank, the report addsPublished Thu, Oct 15, 2026...
TSMC posts 6th straight quarter of record profit; market cap jumps to double Samsung Electronics’
Published Thu, Oct 15, 2026 · 02:23 PM[TAIPEI] Taiwan Semiconductor Manufacturing (TSMC) reported a sixth consecutive quarter of record earnings on Thursday (Oct 15), driven by booming infrastructure spending...
TSMC posts sixth straight quarter of record profit on AI boom; market cap nearly double Samsung Electronics’
Published Thu, Oct 15, 2026 · 02:23 PM[TAIPEI] Taiwan Semiconductor Manufacturing (TSMC), the world’s largest manufacturer of advanced artificial intelligence chips, reported a sixth consecutive quarter of record earnings...
South Korea shares fall as Asian stocks slide on global sell-off, chip rout
Published Thu, Oct 15, 2026 · 11:25 AMA SELL-OFF in global equities spread to Asia as losses in chip stocks deepened after faster-than-expected US inflation fuelled bets that the...
NoonTalk needs continued financial support from CEO Dasmond Koh, auditors warn
The auditing team flags factors that could cast doubt on the firm’s ability to continue operating[SINGAPORE] NoonTalk Media’s financial difficulties appear to remain unsolved despite financial support from its chief executive...
Netflix cuts of film and TV executives hint at programming woes
Staff let go include a director of original TV series who worked on shows such as Stranger ThingsPublished Thu, Oct 15, 2026 · 09:07 AMNETFLIX laid off several high-profile...
Gold slumps as faster US inflation stokes Fed rate hike wagers
This comes as September’s consumer price index jumps 0.6% on the month and 3.7% year on yearPublished Thu, Oct 15, 2026 · 08:31 AM[LONDON] Gold slumped after US consumer...
Smaller board lots can’t fix a market run by three banks
Ten-share lots make it cheaper to buy stocks, but the small and mid-cap counters that need it do not benefit[SINGAPORE] The Singapore Exchange (SGX) on Oct 5 finally let...
Oil edges up as Middle East and Russia hostilities imperil flows
Brent settles above US$106 a barrel after Iran-backed Houthis launched strikes across Saudi ArabiaPublished Thu, Oct 15, 2026 · 06:08 AM[NEW YORK] Oil gained as hostilities intensified from Russia...
Oil holds gain as Middle East and Russia strikes threaten supply
Brent trades around US$106 a barrel after rising 1.3% in the week’s first three sessionsPublished Thu, Oct 15, 2026 · 06:08 AM — Updated Thu, Oct 15, 2026 ·...
California’s Prop 45 aims to speed construction projects. Opponents say data centers will benefit
When a county judge put the brakes on what would be the largest data center in California, ruling the whole project needed extensive environmental review, Kristian Salgado was relieved.The...