News
Competition authority seeks public views on Eneos Apac’s proposed acquisition of Chevron Singapore
Eneos says there are many existing competitors in the industry and relatively low barriers to entry[SINGAPORE] The Competition and Consumer Commission of Singapore (CCS) is inviting public feedback on...
Nvidia-backed Firmus scraps US$5 billion Australian IPO on poor demand; eyes private funding
Fund managers see pulled deal reflecting questions around Firmus, not AI more broadlyPublished Fri, Oct 9, 2026 · 10:04 AM[SYDNEY] Australia’s Firmus, a data centre operator backed by Nvidia,...
Jay-Z, Serena Williams-backed Kenangan Coffee considering IPO on SGX: CEO
Firm’s CEO says he will like greater clarity on how companies could pursue dual listings in Singapore and on regional exchanges[SINGAPORE] The Indonesian coffee chain backed by tennis star...
Amex fined US$350 million for anti-money laundering lapses
Penalty will not impact the full-year 2026 guidance it previously issued, says AmexPublished Fri, Oct 9, 2026 · 08:36 AMUS FEDERAL regulators fined American Express US$350 million for failing...
When inaction becomes the risk
FOR corporate directors, managing risk is becoming more complex as cross-border regulatory demands shift. High-profile cases like Australia’s Star Entertainment Group (Star) prove that boards can no longer rely...
White House targets Stanford, Caltech and tech giants in visa crackdown
The White House is expanding its campaign against international workers, targeting elite study and work visa holders with restrictions and a new investigation.On Thursday, the Trump administration announced a...
European shares close lower as banks drop to 3-month lows, oil prices weigh
Published Fri, Oct 9, 2026 · 06:28 AMEUROPEAN shares fell on Thursday (Oct 8) as banks slid to a more than three-month low, while a fresh bond sell-off and...
US stocks: Wall Street opens lower as oil jump, high yields fuel inflation concerns
Published Thu, Oct 8, 2026 · 09:58 PMUS stocks opened lower on Thursday (Oct 8) as oil prices surged and Treasury yields hovered near multi-year highs, stoking inflation worries ahead of...
Microsoft expands Xbox’s movie, TV ambitions with new division
XP will centralise efforts around such ventures but is not itself a production companyPublished Thu, Oct 8, 2026 · 09:06 PMMICROSOFT’S Xbox unit is formalising its film and TV...
UK card defaults rise for longest period in 17 years: BOE
Published Thu, Oct 8, 2026 · 07:57 PMTHE number of Britons defaulting on credit card debt has risen for six consecutive quarters for the first time since the financial...
