News

Mizuho files Singapore court case against Radiant World in first public lender action: Bloomberg
The hearing was listed as being an originating action and summons related to corporate insolvency Published Fri, Aug 28, 2026 · 06:57 AMMIZUHO BANK has initiated legal action against Radiant...
European stocks drop as political worries weigh on French banks
Published Fri, Aug 28, 2026 · 06:08 AMEUROPEAN stocks fell as French lenders slid amid renewed political uncertainty as a key presidential debate got underway. The Stoxx Europe 600 was...
Frencken proposes S$100 million placement to fund expansion, potential M&A
It wants to beef up its production capacity and that of its mechatronics and advanced plastic solutions divisions[SINGAPORE] Tech solutions provider Frencken on Thursday (Aug 27) announced that it...
Nasdaq leads Wall St after Nvidia quells AI fears
Published Thu, Aug 27, 2026 · 09:45 PM[NEW YORK] Wall Street’s main indexes opened higher on Thursday (Aug 27), boosted by gains in technology stocks after chip giant Nvidia’s...
Dollar recoups some losses as focus shifts to Fed remarks at Jackson Hole
Published Thu, Aug 27, 2026 · 08:32 PM[LONDON] The US dollar showed signs of recovering some of last week’s losses on Thursday (Aug 27), as investors awaited signals on...
Apple’s rare Bay Area layoffs hit Vision Pro and Siri teams amid AI shakeup
Apple is laying off close to 150 employees, the latest tech titan to reduce staff amid the artificial intelligence boom. Recent government filings showed that the iPhone maker is...
Seatrium, Petrobras eye potential natural gas collaboration to meet growing Asian demand
They are exploring new ventures just as two major oil vessels set sail for Brazil’s Buzios oil field[SINGAPORE] Brazilian oil giant Petrobras and offshore and marine player Seatrium are...
Maybank Q2 profit up 2.4% on lower impairment, higher non-interest income
It declares a single-tier first interim dividend of RM0.31 a share for the financial year ending Dec 31, up from RM0.30 a share a year earlier[SINGAPORE] Maybank on Thursday...
US probes Singapore-based Apex Logistics over Nvidia chip smuggling allegations
Authorities are looking into whether the firm transported systems made by Super Micro Computer[HONG KONG] The US government is investigating Singapore-based Apex Logistics for its suspected role in smuggling...
S’pore-based Apex Logistics ‘fully cooperating’ in US probe into alleged smuggling of Nvidia chips
[SINGAPORE] Singapore-based Apex Logistics, which is reportedly being probed by the US government for its alleged role in smuggling Nvidia artificial intelligence chips to China, is cooperating with the authorities,...
HSBC mulls restructuring Singapore units to simplify operations
This will bring the lender’s local wholesale, retail and private banking operations under one roofPublished Thu, Aug 27, 2026 · 12:19 PM[HONG KONG] HSBC is planning to overhaul its...
Shein’s Hong Kong IPO pricing values company at US$26.5 billion: sources
Published Thu, Aug 27, 2026 · 11:20 AM — Updated Thu, Aug 27, 2026 · 11:29 AM[HONG KONG] Online fast-fashion retailer Shein is set to price its Hong Kong initial public...