News

South Korea, Japan stocks slide as Asian equities fall amid oil gains, Fed rate hike bets
Traders now put odds of a September rate hike at over 50% for five major central banksPublished Wed, Sep 2, 2026 · 09:32 AM — Updated Wed, Sep 2,...
Stocks to watch: Keppel DC Reit, Frasers Property, Centurion, Nio, EGP Energy
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 2): Keppel DC Reit : The real estate investment trust’s (Reit) private...
What do rising US Treasury yields mean for Singapore investors?
The increase reflects concerns for issues such as the US fiscal outlook and heavy debt issuance[SINGAPORE] Local investors are watching the impact of higher US Treasury yields on domestic...
Nokia set to rejoin Euro Stoxx 50, Volkswagen dropped
Published Wed, Sep 2, 2026 · 07:05 AMFINNISH telecom equipment maker Nokia Oyj is set to rejoin the bluechip Euro Stoxx 50 index a year after being dropped, while...
Oil prices settle up more than US$4 a barrel on renewed US-Iran fighting
Oil prices have already risen after that first exchange of direct attacks since July.Published Wed, Sep 2, 2026 · 06:12 AM[NEW YORK] Oil prices jumped more than US$4 a barrel on...
Volkswagen expects 2026 sales of 8.5 million vehicles, plans asset divestments
Published Tue, Sep 1, 2026 · 11:27 PM[BERLIN] The Volkswagen Group is expected to sell only 8.5 million cars worldwide in the current year, German business outlet WirtschaftsWoche reported...
US stock indexes open lower as high yields, oil prices dent sentiment
Published Tue, Sep 1, 2026 · 09:44 PM[NEW YORK] Wall Street’s main indexes opened lower on Tuesday (Sep 1), extending a weak run as elevated bond yields and higher...
Nio Q2 net loss narrows 89.4% to 528 million yuan on higher revenue
Vehicle sales for Q2 stood at 29.1 billion yuan, up 80.1% year on year and 27.5% higher than in Q1[SINGAPORE] Chinese electric vehicle (EV) maker Nio posted a net...
EGP Energy unit secures transmission and distribution project valued at S$6.2 million
EGP Smart Energy’s contract brings the group’s order book to about S$305.1 million[SINGAPORE] A wholly owned subsidiary of electrical infrastructure solutions and service provider EGP Energy on Tuesday secured...
Philippine fast-food giant Jollibee picks Hong Kong over US for international unit listing
It says Hong Kong provides access to a broad base of global and regional investorsPublished Tue, Sep 1, 2026 · 02:59 PM[MANILA] Philippine fast-food giant Jollibee Foods is pivoting...
Apple accuses OpenAI of destroying evidence in exchange of barbs
Dispute over trade secret theft allegations is a ‘mess of Apple’s own making’, ChatGPT maker saysPublished Tue, Sep 1, 2026 · 02:51 PM — Updated Tue, Sep 1, 2026...
Ogilvy parent WPP to cut up to 1,000 more jobs by end-2026 in restructuring: report
Published Tue, Sep 1, 2026 · 02:07 PMWPP is cutting up to 1,000 more jobs by end-2026 as Britain’s ‌biggest advertising group accelerates a restructuring programme under new chief...