News

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...
Genting shares tumble most since 1998 on rights issue plan
Published Mon, Oct 12, 2026 · 07:58 PMGENTING Bhd. shares plunged by the most in 28 years after the leisure group controlled by Malaysian billionaire Lim Kok Thay announced plans...
Singapore shares rise as banks rebound after sell-off; STI up 0.3%
The gains follow a sharp retreat in the previous week, when the blue-chip index fell 4.1%Published Mon, Oct 12, 2026 · 06:32 PM[SINGAPORE] Singapore shares ended higher on Monday...
US CPI to show overall inflation boosted by higher petrol prices
Concerns about affordability and high prices have taken a toll on consumer confidencePublished Mon, Oct 12, 2026 · 05:32 PMHIGHER petrol prices probably led to quicker overall US inflation...
Biggest rupee defence in a decade draws line under 97 per US dollar
Published Mon, Oct 12, 2026 · 04:59 PMINDIA’S most forceful currency defence in more than a decade is cementing expectations among traders and analysts that the central bank will...
European shares rise on lower oil prices, bank strength ahead of earnings
Published Mon, Oct 12, 2026 · 04:12 PMEUROPEAN shares rose on Monday (Oct 12), led by banking stocks as oil prices eased on hopes of Russia-Ukraine energy ceasefire, while...
Singapore’s low-carbon electricity 2035 target is ‘aspirational’: EMA
How much of it materialising will depend on factors such as the extent of commercial demand[SINGAPORE] The Republic’s target of importing 6 gigawatt (GW) of low-carbon electricity by 2035...
AirAsia in talks with Malaysian government over potential funding support: sources
The airline reported a net loss of RM831 million (US$204 million) for the second quarter ended Jun 30Published Mon, Oct 12, 2026 · 02:11 PM[HONG KONG] AirAsia co-founder Tony...
AI can become superior to humans in certain aspects: TikTok’s Chew Shou Zi
[SINGAPORE] There is a “non-zero chance” that artificial intelligence could surpass humans in certain aspects as the technology continues to improve, said TikTok CEO Chew Shou Zi.Although it may...
Citi drops target price on Laopu Gold to HK$400 as consumer spending faces pressure
It still has a 19% upside, with strong brand loyalty and high repurchase intent highlighted as positives[SINGAPORE] Various Citi analysts have cut their target price on Laopu Gold to...
South Korea stocks fall while Asian shares stay cautious as earnings loom, oil slips
Trade is thin with Japan markets shut and the US on a partial holiday ahead of the earnings seasonPublished Mon, Oct 12, 2026 · 10:31 AM[SYDNEY] Asian share markets...
Moonshot execs in talks to settle dispute with shareholder ahead of planned IPO, people say
While the dispute is not expected to jeopardise the offering, it may complicate the listing processPublished Mon, Oct 12, 2026 · 09:53 AMTOP executives of Chinese artificial intelligence startup...