News
Wilmar Indonesia unit general manager charged over sugar imports
The unlawful raw sugar imports have allegedly caused state losses amounting to 578 billion rupiah[SINGAPORE] The general manager of Wilmar International’s Indonesian subsidiary has been charged by the Indonesian...
Dollar wavers with politics, credit risks and trade tensions in the spotlight
THE dollar edged up against the yen but was flat versus the euro on Monday (Oct 20) as investors shifted their focus to political developments in Japan and the...
Why did Amazon’s AWS outage disrupt Snapchat, Ring and many other services?
People struggled to access social media app Snapchat, online game Fortnite, payments app Venmo and other popular online services on Monday after an Amazon Web Services outage caused widespread...
Vietnam stocks slump after state media report on alleged bond irregularities
[HANOI] Vietnam’s main stock index fell to its lowest closing level in a month on Monday (Oct 20) after state media reported the results of a government agency’s investigation...
Amazon Web Services has fixed global outage that hit multiple websites, apps
Crypto exchange Coinbase, as well as games Fortnite and Roblox, were among those affectedAMAZON Web Services (AWS), the world’s largest cloud provider, said its service had recovered after a...
Tokyo: Nikkei closes at record high, benchmark JGBs slip ahead of Takaichi PM vote
JAPAN’S Nikkei share gauge surged to a record high on Monday (Oct 20) as fiscal expansionist Sanae Takaichi was set to become the country’s next prime minister with a...
Stellantis, China’s Pony AI to test robotaxis in Europe
[HONG KONG] Stellantis plans to team up with Chinese robotaxi operator Pony AI to start testing autonomous vans in Luxembourg. The agreement involves a battery-powered minivan as the initial fleet...
Apple’s new iPhone outsells previous model by 14% in US, China
[HONG KONG] Apple’s latest generation of iPhones is off to a faster start than usual, with its most basic model surging in popularity.The iPhone 17 series outsold the iPhone...
Gold holds drop as traders focus on US-China trade, credit woes
[MELBOURNE] Gold steadied following a sharp drop for precious metals on Friday (Oct 17), with traders weighing the latest developments in trade tensions as well as jitters surrounding US...
China’s Sany Heavy Industry seeking up to HK$12.4 billion in HK listing
[BENGALURU] Sany Heavy Industry is seeking to raise as much as HK$12.4 billion (S$2.1 billion) through its Hong Kong listing, a filing showed on Monday (Oct 20), as the...
