News

Nvidia, Microsoft, Amazon in talks to invest up to US$60 billion in OpenAI, The Information reports
Published Thu, Jan 29, 2026 · 11:40 AMNVIDIA, Amazon and Microsoft are in talks to invest up to US$60 billion in OpenAI, The Information reported on Wednesday.Nvidia, an existing...
RHB lifts ST Engineering target price to S$10.70 on record contract wins
[SINGAPORE] RHB Bank maintained its “buy” call on ST Engineering while raising its target price to S$10.70 from S$9.40, it said in a note on Thursday (Jan 29).The revised...
Australian bourse operator ASX jumps after appointments to its corporate governance advisory group
Published Thu, Jan 29, 2026 · 09:36 AMAUSTRALIA’S ASX appointed seven members to its newly constituted advisory group on corporate governance on Thursday, in line with the independent review...
Sony, Singapore’s GIC to invest US$2 billion in music catalogues
The joint venture will give the Japanese entertainment company funds to build up its portfolio of songsPublished Thu, Jan 29, 2026 · 08:39 AM[LOS ANGELES] Sony Group and Singapore’s...
Gold nears US$5,600/oz as investors seek safety, silver eyes US$120
Published Thu, Jan 29, 2026 · 08:10 AM — Updated Thu, Jan 29, 2026 · 09:34 AM[BENGALURU] Spot gold extended its record-breaking rally on Thursday (Jan 29), edging closer...
DBS, OCBC, UOB target prices climb as banks hit record highs
[SINGAPORE] Analysts are ratcheting up target prices for local lenders as their shares and the benchmark Straits Times Index (STI) scaled new peaks. OCBC ’s mean target price saw...
SpaceX weighs June 2026 IPO at US$1.5 trillion valuation: report
Published Thu, Jan 29, 2026 · 06:30 AM[BENGALURU] Elon Musk’s SpaceX is weighing a mid-June initial public offering (IPO), aiming to raise as much as US$50 billion at a...
13 SGX counters qualify for reduced board lot size
Under proposed changes, investors could buy shares of these companies in lots of 10, instead of the current 100[SINGAPORE] The Singapore Exchange (SGX) has confirmed that 13 stocks qualify...
Pinterest to cut up to 15% of its workforce as focus on AI intensifies
Pinterest said Tuesday it’s planning to slash up to 15% of its workforce.The San Francisco-based image-sharing platform used for inspiration for home decor, fashion and other interests is laying...
Singapore shares mixed; Straits Times Index declines
[SINGAPORE] Singapore shares closed lower on Wednesday (Jan 28), with the Straits Times Index (STI) failing to sustain its momentum a day earlier amid a mixed showing regionally.The 30-constituent...
Hong Kong’s Exchange Fund posts record gain of HK$331 billion
Published Wed, Jan 28, 2026 · 05:36 PM[HONG KONG] Hong Kong’s Exchange Fund reported a record investment gain of HK$331 billion (S$53.5 billion) in 2025, helped by rising global...
As the greenback dives, one of Asia-Pacific’s top-performing currencies is trouncing the Singdollar
The Australian dollar surged to its strongest position against the greenback in over two years[SINGAPORE] The US dollar skidded to a four-year low on Wednesday (Jan 28), sparking a...