News
Oil rises as Middle East attacks increase uncertainty over flows
Escalating Iran strikes in Hormuz threaten the recent rebound in Gulf supply to near pre-war levelsPublished Wed, Oct 14, 2026 · 06:06 AM — Updated Wed, Oct 14, 2026...
Disney strikes $20-million deal for Character.ai’s assets as AI startup files for bankruptcy
Character.ai, a California startup that has faced lawsuits over allegations that chatbots created on its platform harmed the mental health of teens and led to copyright issues, filed for...
Discovery+ now costs up to $11.99 a month as Skydance takes over
Exactly a week after the new Skydance corporation — the product of the Paramount-Warner Bros. Discovery merger — was officially formed, Hollywood’s newest media giant is already raising streaming...
Apple unveils new smart home products, showcasing updated Siri AI
The launches coincide with growing worries that connected devices could be vulnerable to hackersPublished Tue, Oct 13, 2026 · 10:26 PM[NEW YORK] Apple on Tuesday (Oct 13) began showing...
Goldman’s equity traders post big haul as credit, rates miss
Fixed-income and commodities traders brought in US$3.47 billion, much lower than expectedPublished Tue, Oct 13, 2026 · 09:34 PMGOLDMAN Sachs’ equities traders blew past expectations in the third quarter,...
Citi profit jumps 40% with higher investment banking, services and wealth revenue
Profit increased to US$5.25 billion, or US$2.85 per share, in the three months ended Sep 30Published Tue, Oct 13, 2026 · 08:43 PMCITIGROUP’S third-quarter profit rose 40 per cent...
Blackstone-backed AirTrunk delays Singapore Reit IPO amid AI stock selloff, sources say
Published Tue, Oct 13, 2026 · 07:31 PM[HONG KONG] Blackstone-backed data-centre operator AirTrunk has postponed a planned Singapore real estate investment trust (Reit) initial public offering that could raise about US$1.5 billion, two...
Malaysia’s Firefly extends Seletar-Subang flight cancellations
Affected passengers will be reallocated to Malaysia Airlines flights from Kuala Lumpur to Singapore[SINGAPORE] Malaysia’s Firefly has again extended its cancellation of flights on the Subang-Seletar route, this time...
Apple rolls out new phones and smart home devices to revive pricey stock
Published Tue, Oct 13, 2026 · 05:34 PMAPPLE is rolling out a slew of new products and improved older ones this week, but investors are unsure if it will...
European shares edge higher as lower oil prices lift sentiment
Published Tue, Oct 13, 2026 · 04:20 PMEUROPEAN shares rose on Tuesday (Oct 13) as lower oil prices lifted appetite, though technology stocks came under pressure after reports of advances by...
IMF warns of AI market correction, cyber threats to financial system
While AI is increasingly a source of economic vitality globally, it is also presenting unprecedented risks, the Fund saidPublished Tue, Oct 13, 2026 · 02:17 PM[BANGKOK] The IMF warned...
Longer wait times expected as S’pore healthcare institutions report system disruptions
[SINGAPORE] Visitors and patients were advised on Tuesday (Oct 13) to expect longer wait times, as local public healthcare institutions report ongoing service disruptions.Two of the three public health clusters...