News

Meta’s massive settlement may not be enough to improve child safety, experts say
Over the last five years, efforts to make social networks Facebook and Instagram safer for young people have erupted across courts, classrooms and capitals.Now Meta Platforms, the parent company...
Hong Leong, RHB and UOB Kay Hian upgrade IHH to ‘buy’ after earnings beat estimates
The healthcare group posts a 29.3% rise in net profit to RM573 million for the second quarter[SINGAPORE] Analysts at the research houses of Hong Leong Bank, RHB and UOB...
SoftBank seeks another US$10 billion loan for OpenAI stake funding
Published Fri, Aug 28, 2026 · 03:37 PM[TOKYO] SoftBank Group Corp is seeking a US$10 billion loan, as it looks for more funding to help refinance debt used for...
Boards need a reset but governance fundamentals still hold: Indranee Rajah
At SID’s conference, Temasek CEO Dilhan Pillay says the chairman serves as a mentor to the CEO[SINGAPORE] Boards need a reset but that does not mean abandoning the fundamentals...
More than 15,000 sign up for national accounting body’s AI programme in two months
Isca is preparing Chinese, Thai and Vietnamese versions as it looks to take the initiative beyond Singapore[SINGAPORE] More than 15,000 accountants and finance professionals have enrolled in a national...
Singapore launches liquid cooling standard for data centres in tropical climate
It accounts for the challenges presented by high temperatures and humidity, such as equipment corrosion[SINGAPORE] Singapore has launched a new standard for data centres on adopting liquid cooling technologies...
Australia’s delisting wave puts public-market pressures in Asia, including Singapore, into focus
Regulatory costs and cheap private capital push companies away from public listings, says NSX’s chief[SINGAPORE] A wave of Australian delistings is highlighting a broader challenge facing public markets across...
Advent, Stripe abandon US$50 billion pursuit of PayPal: Bloomberg
PayPal has struggled with modernising its payment technologies as rivals seized market sharePublished Fri, Aug 28, 2026 · 11:10 AMA CONSORTIUM of buyout firm Advent and payment processor Stripe...
Frencken shares end 7.5% lower after S$100 million placement
[SINGAPORE] Shares of technology solutions provider Frencken fell as much as 8.3 per cent on Friday (Aug 28), after it announced plans to raise S$100 million through a proposed...
Aster marks third Singapore deal with Changi Airport fuel infrastructure stake
The acquisition follows parent Chandra Asri’s purchases of Cycle & Carriage and Esso’s Singapore petrol stations[SINGAPORE] Oil refiner Aster has agreed to buy a stake in Changi Airport Fuel...
Gold holds near US$4,600 as investors focus on US Fed rate-hike path
Economists, policymakers divided over the need to hike rates in the coming monthsPublished Fri, Aug 28, 2026 · 08:46 AMGOLD steadied near US$4,600 an ounce as investors weighed the...
Asian stocks set to edge lower ahead of US Fed chair’s policy speech
Published Fri, Aug 28, 2026 · 08:09 AMASIAN STOCKS were set to open mildly lower on Friday (Aug 28) as investors braced for US Federal Reserve chair Kevin Warsh’s...