News

China’s four-year energy spree has eclipsed entire US power grid
Published Wed, Jan 28, 2026 · 01:02 PMCHINA is undertaking an energy-building boom unlike anything the world has ever seen, as Beijing seeks to ensure supply for power-hungry facilities...
BYD weighs India expansion as hundreds of car orders pile up
The automaker has approached Indian auto sector regulators to flag how import limits could constrain growthPublished Wed, Jan 28, 2026 · 11:49 AM[DELHI] BYD is weighing options to expand...
‘Swiftest pace of expansion’: RHB lifts OCBC target price to S$21.30 on Q4 earnings growth forecast
[SINGAPORE] RHB has raised its target price for OCBC to S$21.30, driven by forecasts that the bank will post single-digit year-on-year earnings growth at its upcoming Q4 results release...
Gold prices dip after rising nearly 3% to fresh record
The Fed is expected to hold rates steady at its January monetary policy meeting, currently underwayPublished Wed, Jan 28, 2026 · 09:50 AM[BENGALURU] Gold prices dipped on Wednesday (Jan...
Some in Bank of Japan saw need to watch weak-yen impact on prices in timing rate hike: December minutes
Published Wed, Jan 28, 2026 · 08:52 AM[TOKYO] A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could...
Keppel, Chandra Asri’s Aster to assess development of Jurong Island sustainable aviation fuel plant
The proposed plant will have a planned production capacity of up to 100,000 tonnes of the fuel a year [SINGAPORE] Keppel , through its infrastructure division, has entered an...
ST Engineering books record S$18.7 billion in contract wins for FY2025
[SINGAPORE] Singapore Technologies Engineering’s ( ST Engineering ) total contract awards for 2025 reached a record S$18.7 billion, exceeding the S$12.6 billion total in 2024 by about 49 per...
Trump says value of US dollar is ‘great’, currency hits 4-year low 
Published Wed, Jan 28, 2026 · 07:55 AMUS PRESIDENT Donald Trump said on Tuesday the value of the dollar was “great”, when asked whether he thought it had declined...
Pinterest to cut ‘less than 15%’ of staff amid AI push
The company expects to complete the restructuring plan near the end of its third quarter, ending Sep 30, 2026Published Wed, Jan 28, 2026 · 06:53 AM[NEW YORK] Pinterest said...
Euro rises to US$1.20 for the first time since mid-2021
Published Wed, Jan 28, 2026 · 06:07 AM[NEW YORK] The euro strengthened to US$1.20 for the first time since mid-2021 on Tuesday, driven by an investor retreat from the US dollar...
US stocks: S&P 500 marks closing record as corporate earnings roll in; Medicare rates hit insurers
Published Wed, Jan 28, 2026 · 05:49 AMTHE S&P 500 notched a record closing high and its fifth straight day of gains on Tuesday with a mixed reception to...
Is social media harmful for kids? Meta and YouTube face trial after TikTok settles suit
TikTok agreed to settle the first in a series of closely-watched product liability cases Monday, bowing out on the eve of a landmark trial that could upend how social...