News

Yen surges with traders on high alert for further intervention
Published Wed, Sep 2, 2026 · 11:07 PM[TOKYO] The Japanese yen strengthened sharply against the US currency, leaving traders hyper-vigilant for evidence that authorities once again intervened in the...
American Airlines boosts premium seating on 777 jets as upscale travel grows
The first retrofitted aircraft will begin commercial service on Wednesday (Sep 2) from New York to Buenos AiresPublished Wed, Sep 2, 2026 · 10:28 PM[CHICAGO] American Airlines is adding...
US dollar rises to 2-week high; Middle East conflict and rate paths in focus
Published Wed, Sep 2, 2026 · 08:58 PM[LONDON] The US dollar hit a two-week high on Wednesday (Sep 2) as investors turned to the currency amid growing concerns about...
Uber to cut 3,300 jobs in company overhaul to reduce management layers
Published Wed, Sep 2, 2026 · 08:33 PM[SAN FRANCISCO] Uber Technologies is cutting about 3,300 roles, or 10 per cent of its staff globally, in a massive restructuring aimed...
Iraq’s oil exports rose to around 2.34 million bpd in August
Published Wed, Sep 2, 2026 · 07:14 PM[BAGHDAD] Iraq’s oil exports rose to around 2.34 million barrels per day (bpd) in August, up from about 1.35 million bpd in...
STI up 0.6% even as Asian markets slump amid bond sell-off, inflation fears
Published Wed, Sep 2, 2026 · 06:33 PM[SINGAPORE] Singapore stocks ended higher on Wednesday (Sep 2).The benchmark Straits Times Index (STI) gained 0.6 per cent or 33.74 points to...
SIA to unveil new cabin products in November
The upcoming seats will be the first meaningful redesign of its long-haul business class in almost two decades[SINGAPORE] Singapore Airlines (SIA) will be unveiling its highly anticipated next-generation cabin...
Hunting for yield? DBS analysts betting on S-Reits over bank dividends
Yield gap between both is widening, but rising bond yields and interest rates bear watching[SINGAPORE] Investors hunting for dividend income may want to look beyond Singapore banks and towards...
Honda tells suppliers to cut costs in US$9 billion push to fend off China, documents show 
Published Wed, Sep 2, 2026 · 12:32 PM[TOKYO] Japan’s Honda aims to cut more than US$9 billion in costs over the next four years and has instructed suppliers to...
New Zealand flags gradual policy tightening after hiking rates
The central bank raises its official cash rate by 25 basis points to 2.75%; kiwi fallsPublished Wed, Sep 2, 2026 · 11:26 AM[WELLINGTON] New Zealand’s central bank lifted interest...
US SEC preps plan to widen investor access to private markets
Published Wed, Sep 2, 2026 · 10:59 AMTHE US Securities and Exchange Commission is eyeing a plan to expand access for retail investors to private markets and allow investment...
Why high yields on government bonds are causing alarm
Rising fiscal deficits and stubborn inflation are driving a flight from long-dated sovereign debt[LONDON] Government borrowing costs have been surging around the world as investors demand more compensation to...