News
UOI bets on hybrid insurance model as customers seek both digital ease and human touch
It also offers specialised products that meet specific consumer needs, such as Singapore’s first dedicate cruise insurance [SINGAPORE] Even as insurance processes become increasingly digitalised, boosting speed and convenience,...
Five S-Reits that saw strong growth in trading activity in H2 2025
[SINGAPORE] Trading activity in the Singapore real estate investment trust (S-Reit) sector rose overall in the second half of 2025 compared with the first half, amid new Reit listings and a...
Amazon has big hopes for wearable AI – starting with this US$50 gadget
[NEW YORK] Several months after Amazon.com bought artificial intelligence (AI) hardware startup Bee, the company said that it’s working to make its US$50 always-listening wearable more proactive, and indicated...
Rio-Glencore deal closer than ever with premium and CEO in focus
The idea of a combination of the two companies has been discussed several times over more than a decade[LONDON] Glencore boss Gary Nagle has called it the most obvious...
Trump calls for one-year cap on credit card interest rates at 10%
Lawmakers from both the Democratic and Republican Parties have raised concerns about high rates and have called for those to be addressed[WASHINGTON] US President Donald Trump said on Friday...
Chevron could see US$700 million-a-year boost from Venezuelan oil
[HOUSTON] Chevron could grow its cash flow by as much as US$700 million a year from increasing oil production in Venezuela as the Trump administration seeks to control the...
China buys at least 10 cargoes of US soybeans for April-May shipment, traders say
[CHICAGO] China’s state stockpiler Sinograin purchased at least 10 cargoes of US soybeans on Friday (Jan 9), or at least 600,000 tonnes, for shipment in April and May, capping...
Bay Area semiconductor testing company to lay off more than 200 workers
Semiconductor testing equipment company FormFactor is laying off more than 200 workers and closing manufacturing facilities as it seeks to cut costs after being hit by higher import taxes....
Elon Musk’s Grok bot restricts sexual image generation after global outcry
Elon Musk’s Grok chatbot on Thursday started restricting the ability for non-paying users to create deepfake, sexualized images after global pushback from users and governments. Late last month, some...
Meta signs multi-gigawatt nuclear deals for AI data centres
The agreements could end up totalling more than six gigawatts, enough to power a city of about five million homes[NEW YORK] Meta Platforms agreed to a series of electricity...
