News
Gold slips for second day as Hormuz tensions fan inflation fears
Published Tue, Jul 7, 2026 · 09:04 AM — Updated Tue, Jul 7, 2026 · 12:11 PM[SINGAPORE] Gold fell for a second day after renewed attacks on shipping in...
Gold steadies as traders look to Fed for interest-rate outlook
Bullion is around a fifth lower than immediately prior to the war in the Middle EastPublished Tue, Jul 7, 2026 · 09:04 AM[SINGAPORE] Gold was little changed as traders...
Uber CEO Dara Khosrowshahi steps down from Grab’s board
[SINGAPORE] Nasdaq-listed technology company Grab on Monday (Jul 6) announced that Uber CEO Dara Khosrowshahi has stepped down from Grab’s board of directors, effective immediately.Khosrowshahi joined the board of...
Apple supplier Luxshare said to plan pricing Hong Kong listing at top, with Temasek and GIC as cornerstone investors
The components manufacturer has climbed more than 80% in Shenzhen over the past year, reaching a market value of US$71 billionPublished Tue, Jul 7, 2026 · 06:47 AM[HONG KONG]...
Apple supplier Luxshare sets Hong Kong listing at top of range, with Temasek and GIC as cornerstone investors
The company says the offer price is determined at HK$63.28 per H-share, and will sell 383.5 million sharesPublished Tue, Jul 7, 2026 · 06:47 AM — Updated Tue, Jul...
US stocks: S&P 500, Nasdaq close sharply higher as Broadcom rallies
Published Tue, Jul 7, 2026 · 05:52 AMTHE S&P 500 and Nasdaq ended sharply higher on Monday, with Broadcom and other chip stocks rallying as investors bought shares in companies related...
Xbox cuts 3,200 jobs as gaming business struggles
Xbox is hitting the reset button.Microsoft’s video game division plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a sweeping...
AI actor Tilly Norwood to star in first movie
Controversial AI actor Tilly Norwood will star in her first movie, a comedy drama called “Misaligned.” The film portrays Tilly as an AI being with “no real body” and...
Volkswagen CEO faces acid test from unions over swingeing job cut plans
The plans will include significant cost reductions, the four plant closures and roughly 50,000 extra job cuts, sources sayPublished Mon, Jul 6, 2026 · 10:45 PM[LONDON/BERLIN] Volkswagen CEO Oliver...
Lockheed to buy Ultra Maritime for US$3.45 billion in sea push
Published Mon, Jul 6, 2026 · 10:27 PM[NEW YORK] Lockheed Martin agreed to buy naval defence business Ultra Maritime, which focuses on submarine detection systems, for US$3.45 billion as...
