News
Singapore shares edge higher despite losses in local banks; STI up 0.1%
[SINGAPORE] Singapore stocks ended higher on Friday (Oct 23). The benchmark Straits Times Index (STI) gained 0.1 per cent or 7.02 points to finish at 5,422.16. CapitaLand Investment led...
From crisis to revival: SGX CEO Loh Boon Chye plans exit after lucrative decade-long pivot
[SINGAPORE] Loh Boon Chye – the man who steered the Singapore Exchange (SGX) through a period of trading disruptions and into the highly profitable world of multi-asset derivatives –...
Waymo founder predicts ‘landslide’ robotaxi adoption in Singapore, driven by high car costs
The technology pushes AVs’ initial costs up, but they are cheaper to run, safer and greener: Sebastian Thrun[SINGAPORE] Self-driving car pioneer Sebastian Thrun expects that there would be widespread...
Little-known South Korean shipowner dominates Hormuz transits as oil flows rebound
Ships owned by Sinokor Group carry close to 40% of oil crossing through the strait in SeptemberPublished Fri, Oct 23, 2026 · 01:04 PM[SINGAPORE] A little-known South Korean shipowner...
SGX CEO Loh Boon Chye to step down; succession planning under way
[SINGAPORE] Singapore Exchange (SGX) group CEO Loh Boon Chye is preparing to step down after more than a decade at the helm, with succession planning under way ahead of...
Gold heads for sharpest weekly decline in four months on Fed rate outlook
Spot gold is down 0.1% at US$4,018.69 per ounce by 0036 GMT, touching its lowest level since Aug 3Published Fri, Oct 23, 2026 · 11:01 AM[BENGALURU] Gold prices eased...
OpenAI shifts value to US$1.25 trillion as funding talks finalise
The value is lowered from US$1.4 trillion, with investor commitments expected to finalise next weekPublished Fri, Oct 23, 2026 · 10:02 AM[NEW YORK] OpenAI, which is seeking to raise...
Japan shares fall as Asian stocks slide after US tech rout, bonds rally
MSCI’s regional equities benchmark slips 0.3%, hovering around levels last seen in JulyPublished Fri, Oct 23, 2026 · 08:57 AMASIAN stocks extended losses, tracking declines on Wall Street as...
SK Hynix, Samsung fall as Asian tech sell-off deepens and crude oil extends gains
Sector rout sends the broader MSCI Asia Pacific equities gauge to its lowest close since late JulyPublished Fri, Oct 23, 2026 · 08:57 AM — Updated Fri, Oct 23,...
Apple bets iPhone Duo can remake foldable market as sales begin
It is betting the device can do for the small foldables market what the iPhone did for smartphonesPublished Fri, Oct 23, 2026 · 07:02 AM[BENGALURU] For nearly two decades...
