News

CGSI upgrades DBS to ‘add’, raises target price to S$79.50
[SINGAPORE] CGS International (CGSI) upgraded DBS shares to “add” from “hold”, raising its target price to S$79.50 from S$77.10, citing the bank’s “best-in-class” return on equity (ROE) of 20...
AEM shares down 8% as global chip stocks slide
[SINGAPORE] AEM shares fell as much as 8 per cent on Tuesday (Oct 13) after Chinese memory maker CXMT said that it had made progress on a memory chip...
AEM shares down 6% as global chip stocks slide
[SINGAPORE] AEM shares fell as much as 6 per cent on Tuesday (Oct 13) after Chinese memory maker CXMT said that it had made progress on a memory chip...
AEM shares down 7.7% as global chip stocks slide
[SINGAPORE] AEM shares fell as much as 7.7 per cent on Tuesday (Oct 13) after Chinese memory maker CXMT said that it had made progress on a memory chip...
South Korea shares fall as Asian stocks decline, tracking US chip losses
The MSCI Asia Pacific Index drops 0.3% after a US gauge of chipmakers fell 2.7% on Oct 12Published Tue, Oct 13, 2026 · 09:13 AMASIAN stocks dropped, tracking losses...
Gold edges down as traders monitor oil prices, Fed rate outlook
Published Tue, Oct 13, 2026 · 08:32 AM[SINGAPORE] Gold dipped from a one-week high as traders assessed swings in oil prices while awaiting fresh clues to the US Federal...
Applied Materials will double sales, not headcount, thanks to AI
Published Tue, Oct 13, 2026 · 06:56 AM[WASHINGTON] Applied Materials expects to double revenue over the next few years, without a commensurate rise in hiring, because it is relying...
Oil advances on threats to supply from Russia to Middle East
Zelenskyy says Ukraine will carry on strikes against Russia as Moscow continues to hit its energy infrastructurePublished Tue, Oct 13, 2026 · 06:09 AM[NEW YORK] Oil rose as Ukraine...
Oil edges lower after rising on expanding Middle East conflict
Brent trades below US$106 a barrel after rising more than 6% over the previous three sessionsPublished Tue, Oct 13, 2026 · 06:09 AM — Updated Tue, Oct 13, 2026...
‘Wasting money, spending tokens’: Companies still in search of AI use cases with worthwhile ROI, says Broadcom’s Hock Tan
Both he and Intel CEO Tan Lip-Bu suggest that capital could be AI’s next biggest bottleneck[SINGAPORE] Most companies are still trying to arrive at use cases for artificial intelligence...
US stocks: Wall Street steady at open as oil jumps ahead of key earnings
Published Mon, Oct 12, 2026 · 10:02 PMWALL Street’s main indexes opened muted on Monday (Oct 12) as investors watched oil prices and global events ahead of crucial bank...
Saudi Arabia eyes raising its pipeline oil export capacity to 10 million bpd: energy minister
Published Mon, Oct 12, 2026 · 08:54 PM[DUBAI] Saudi Arabia is looking to expand its pipeline crude export capacity to as much as 10 million barrels per day by...