News

SGX securities trading value up 27% on year in September as derivatives volume rebounds
[SINGAPORE] The securities daily average value (SDAV) on the Singapore Exchange (SGX) grew 27 per cent year on year in September to S$1.9 billion, easing 11 per cent month...
Oil rises as Saudi Airport and tanker attacks stoke supply fears
Brent crude nears US$105 a barrel, while West Texas Intermediate trades around US$92Published Mon, Oct 12, 2026 · 07:04 AMOIL edged higher as renewed strikes on Saudi Arabia’s main...
Gridlock or growth? The Asean Power Grid faces a critical window of opportunity
A lack of progress on standards and agreements could temper businesses’ optimism[SINGAPORE] The Asean Power Grid (APG) has immense potential as a regional growth catalyst, but the bloc faces...
Amazon is in talks to buy US$7 billion AI startup Decart, WSJ reports
The purchase could wrap up soon if the negotiations do not collapse, the journal saysPublished Mon, Oct 12, 2026 · 05:51 AM[WASHINGTON] Amazon is in negotiations to acquire Decart...
DBS, OCBC, UOB face rate hike reality check
The recent sell-off may not have been about the micro fundamentals of the 3 banks but a broader repricing of risk[SINGAPORE] When the US Federal Reserve hiked rates in...
Institutional and insider accumulation rises as buybacks accelerate
OVER the five sessions through Oct 8, more than 100 filings relating to directors’ interests and substantial shareholdings were made across more than 40 primary-listed stocks. Directors or CEOs...
Musk vows affordable Starlink in India days before Ambani’s record Jio IPO
Musk accuses government and Ambani of stalling Starlink’s entry into India to favour market leader JioPublished Sun, Oct 11, 2026 · 04:28 PM[BENGALURU] Elon Musk said he would price...
World Bank in talks with dozens of countries about crisis aid: Banga
This is to help them manage energy shocks and price increases triggered by Middle East warPublished Sun, Oct 11, 2026 · 03:26 PM[BANGKOK] The World Bank is in discussions...
Nvidia weighs deeper ties with open-model developer Reflection AI through investment or computing deal
Reflection has also struck billion-dollar deals with SpaceX and cloud provider Nebius GroupPublished Sun, Oct 11, 2026 · 12:38 PMNVIDIA is in talks to boost its investment in Reflection...
NYSE-listed Twilio sets sights on Asia-Pacific as AI adoption grows in customer service
The region is an underpenetrated market with the advantage of technologically innovative customers[SINGAPORE] When Khozema Shipchandler was called to step up as CEO at communications platform Twilio in 2024,...
Inside F1: How ‘reactive’ DHL acted quickly to fit Malaysia race just before Singapore’s
The official F1 logistics partner says the lessons from the Covid-19 pandemic helped it be more adaptive to disruptions[SINGAPORE] The nature of Formula One (F1) as a globetrotting sport...
Nicolas Cage says he won’t work with Amazon again over AI dispute
Nicolas Cage is making it clear — he’s not an “AI-friendly actor.” The 62-year-old actor spoke out against a tech giant during an appearance at New York Comic Con...