News

OCBC tops Forbes ‘World’s Top Performing Banks’ list, DBS in second
The two Singapore banks take the top two spots among global banks in the inaugural version of the list[SINGAPORE] OCBC and DBS took the top two places among global...
California clears the way for Uber and Lyft driver union
California regulators certified a union representing Uber and Lyft drivers, marking a milestone in a years-long fight by gig workers in the state. The California Gig Workers Union will...
‘Gambling with our lives’: OpenAI open to slowing cutting-edge AI, CEO Sam Altman tells staff
This comes as staff of leading AI firms voice public concerns about the technology’s risksPublished Fri, Sep 11, 2026 · 09:38 AM[SAN FRANCISCO] OpenAI is considering slowing down the...
Asian stocks, bonds fall on oil, inflation woes
The MSCI Asia Pacific Index falls 1.3%, with Japan’s Nikkei 225 Stock Average sinks 2.2%Published Fri, Sep 11, 2026 · 09:14 AM — Updated Fri, Sep 11, 2026 ·...
Blackstone’s AirTrunk seeks S$2 billion loan for Singapore IPO
Published Fri, Sep 11, 2026 · 08:44 AM[SINGAPORE] AirTrunk, a data centre operator owned by Blackstone, is in talks with banks to borrow about S$2 billion to help finance...
Blackstone’s AirTrunk seeks S$1.6 billion loan for Singapore IPO
Published Fri, Sep 11, 2026 · 08:44 AM[SINGAPORE] AirTrunk, a data centre operator owned by Blackstone, is in talks with banks to borrow about S$2 billion (US$1.6 billion) to...
US lawmakers call for new AI rules after Anthropic researchers’ safety warnings
Anthropic scientist Evan Hubinger wrote on X: “We really do earnestly believe AI could kill all humans”Published Fri, Sep 11, 2026 · 07:18 AMUS LAWMAKERS this week called for...
European shares close at two-month low as ECB hike fuels further tightening bets
Published Fri, Sep 11, 2026 · 06:18 AMEuropean shares fell to two-month lows on Thursday as expectations of further interest rate hikes grew after the European Central Bank increased borrowing costs and...
Newsom signs bills that aim to make social media, AI chatbots safer for young people
California, home to the world’s largest tech companies, is placing more guardrails around social media and artificial intelligence as child safety concerns escalate. On Thursday, California Gov. Gavin Newsom...
ECB raises interest rates as Iran war fuels inflation fears
A surge in oil prices is clouding the inflation outlook again; resilient growth leaves room to actPublished Thu, Sep 10, 2026 · 08:41 PM[FRANKFURT] The European Central Bank (ECB)...
Becerra backers with business in Sacramento spend tens of millions boosting his gubernatorial bid
Companies and special interest groups with some of the diciest issues expected to land on California’s next governor’s desk are among the top financial backers of Democrat Xavier Becerra,...
Thai central bank targets money flows behind scam networks
Published Thu, Sep 10, 2026 · 05:51 PM[BANGKOK] Thailand’s central bank is making its broadest push yet to trace and block illicit money flows, targeting the proceeds of scams...