News

South Korean policy chief who backed leveraged ETFs steps down
The presidential office does not immediately disclose the reason or name a successorPublished Tue, Sep 1, 2026 · 01:29 PMKIM Yong-beom, the South Korean presidential adviser who backed the...
Indonesian parliament approves Destry as central bank governor
The Cornell-educated economist said the country faced a “highly complex situation” that required stronger coordination among institutionsPublished Tue, Sep 1, 2026 · 12:25 PM[JAKARTA] Indonesia’s parliament on Tuesday (Sep...
Shopee appliance seller sues customer over bad review – and loses
The court finds the customer’s comments are based on facts and are views a fair-minded person could hold[SINGAPORE] A Shopee vendor that sued a customer for defamation over a...
As China trust-tax deadline looms, wealthy clients explore options across Asia
Advisers note that some clients are underestimating the scope, and have been slow to act[SINGAPORE] One month after China tightened its tax rules on offshore trusts, wealthy Chinese are...
Reigning In Big Tech: How California lawmakers plan to regulate AI and social media
SACRAMENTO — Long the epicenter of the global tech industry, California is taking more action to shield its children, communities and workers from the threats posed by the very industry that’s...
Stocks to watch: Frasers Property, Mapletree Industrial Trust, SingLand, Olam
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Sep 1): Frasers Property : The property developer, investor and operator on Monday...
GetGo launches cross-border car rentals to Malaysia
Users can book vehicles through the app and pick them up from the nearest car park[SINGAPORE] Users of car-sharing platform GetGo will be able to rent vehicles to drive...
Europe’s Stoxx 600 falls as oil prices jump, but secures fifth monthly gain
Published Tue, Sep 1, 2026 · 05:59 AMEUROPEAN shares fell on Monday (Aug 31) as fresh US-Iran military strikes drove oil prices and bond yields higher, though the benchmark Stoxx...
Mapletree Industrial Trust says ‘no certainty’ of any deal, after report on potential US data centre divestment
The trust was reported to have put 22 US data centres in 15 US states on the market[SINGAPORE] There is “no certainty or assurance” that any transaction will arise...
Frasers Property acquires Cuppage Terrace in Orchard Road area for S$175 million
The asset is located next to The Centrepoint, Frasers’ flagship property on Orchard Road[SINGAPORE] Frasers Property has acquired Cuppage Terrace – a cluster of 17 conservation shophouses in the...
Nvidia to invest US$3.5 billion in chipmaker MediaTek
Published Mon, Aug 31, 2026 · 10:20 PM[SANTA CLARA, California] Nvidia is investing US$3.5 billion into MediaTek, deepening collaboration with the Taiwanese chipmaker at a time when it’s working...
Wall St opens lower as Middle East clashes send oil prices up
Published Mon, Aug 31, 2026 · 09:43 PM[NEW YORK] Wall Street’s main indexes opened lower on Monday (Aug 31) after military strikes between the US and Iran drove up...