News

Apple makes changes to iOS software in face of stricter Japanese rules
APPLE is making changes to its iOS software in Japan to comply with a new local law aimed at fostering competition, part of broader efforts by the iPhone maker to...
Stocks to watch: Singtel, Stoneweg Europe Stapled Trust, Acrophyte Hospitality Trust, HG Metal
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Dec 18):  Singtel: The board of its unit, Optus, on Thursday released a...
ANZ hit with second “strike” as shareholders dissent over pay report
AUSTRALIAN lender ANZ Group’s new CEO will forgo his short-term bonus this year, while a significant minority of shareholders opposed the bank’s executive pay report at its 2025 annual general meeting.Shareholders...
From yen rushes to tariff tantrums: How geopolitical drama drove Singapore’s 2025 FX frenzy
YouTrip’s 2025 conversion volumes jump over 70%; its peers also report surge in business[SINGAPORE] As foreign exchange rates vacillated in 2025 amid geopolitical volatility and shifting trade policies, Singaporeans...
Oil rises as Trump’s Venezuela blockade takes edge off global crude surplus concerns 
[NEW YORK] Oil prices rallied by more than 1 per cent on Wednesday after US President Donald Trump ordered a blockade of all oil tankers under sanctions entering and leaving Venezuela, raising...
Hollywood stars launch Creators Coalition on AI
A group of entertainment industry workers launched a new coalition that aims to advocate for the rights of creators amid the growing AI industry.The group, called Creators Coalition on...
HSBC’s Elhedery to kick off 2026 with extended Hong Kong stint
His temporary relocation is part of an effort to cut down on a hectic travel schedule[LONDON] HSBC Holdings staff in Hong Kong are about to see a lot more...
Chinese chip firms line up for Hong Kong listings in coming weeks
[HONG KONG] At least six Chinese companies related to artificial intelligence are set to go public in Hong Kong in the coming weeks, people familiar with the matter said,...
At a Silicon Valley summit, robots fold laundry—and investors open their wallets
Robots from around the world converged on Silicon Valley to provide a glimpse of a potential future.Two robots picked up T-shirts with orange-tipped claws, then neatly folded and piled...
Ford cancels EV battery deal worth 9.6 trillion won with South Korea’s LG Energy Solution
[SEOUL] South Korea’s LG Energy Solution said on Wednesday (Dec 17) that Ford Motor has terminated an electric vehicle (EV) battery-supply deal worth about 9.6 trillion won (S$8.4 billion).The...
South Korea central bank sees upside inflation risk with a weaker won
[SEOUL] South Korea’s central bank said on Wednesday (Dec 17) that headline inflation in 2026 could exceed earlier forecasts, if the won stays at its current level against the...
Thai central bank cuts policy rate by 25 bps, as expected
The reduction is the fifth since October 2024, with rates down by a total of 125 basis points[BANGKOK] Thailand’s central bank cut its key interest rate on Wednesday (Dec...