News

Assets of Tokenize Xchange founder and his ex-wife frozen by court order
Hong Qi Yu and Erin Koo are being sued by 249 ex-customers of the defunct crypto trading platform[SINGAPORE] Hong Qi Yu, former CEO and founder of the entity behind...
Crystal Jade closes four more outlets, cuts 120 jobs ahead of proposed sale
[SINGAPORE] Restaurant group Crystal Jade has closed four outlets in Singapore and issued termination notices to about 120 workers as part of a restructuring ahead of a proposed sale of...
Europe stocks retreat after three-day rally as rising yields, oil prices dent sentiment
Published Wed, Oct 7, 2026 · 07:20 PMEUROPEAN shares edged lower on Wednesday (Oct 7) after three straight sessions of gains, as higher oil prices and an ascent in...
Dodgers, Angels receive surprising report cards from the Automated Ball-Strike system’s first season
The Dodgers were horrible. The Angels were great. No, that’s not a dispatch from topsy-turvy land. It’s their report cards following the first season Major League Baseball has utilized...
ChatGPT’s teen safeguards failed to alert parents during suicide conversations, report finds
The guardrails OpenAI put in place to protect teens don’t seem to be working, according to a new report. Common Sense Media’s Youth AI Safety Institute rated ChatGPT for...
COE premiums fall across most categories; Cat A ends at S$130,001
[SINGAPORE] The Category A certificate of entitlement (COE) premium dropped slightly to S$130,001 in the Oct 7 tender exercise, after reaching an all-time high of S$133,009 in early September.Prices across all the other...
Lubrizol expands Singapore R&D hub to boost innovation in specialty chemicals sector
The new lab space aims to help industry customers improve speed to market amid growing Asian demand[SINGAPORE] Berkshire Hathaway-owned specialty chemicals company Lubrizol on Monday (Oct 5) expanded its...
Goodman’s Japanese data centre comes under fire following Sydney site setback
The data centre is adjacent to a residential block, a hospital and a nursing homePublished Wed, Oct 7, 2026 · 02:29 PM[TSUKUBA, Japan] Goodman Group, Australia’s largest property firm by market...
‘Biggest paradigm shift since WWII’: Global CEO panel discusses new world order with AI, sees opportunities 
Speakers describe the future as volatile; opportunities are in resilience, globalisation, broad adoption of AI[SINGAPORE] The world order is being reshuffled and everyone needs to be prepared, speakers said...
Jurong Island energy storage system not part of core power reserves: Tan See Leng
EMA is evaluating how Singapore’s power system can incorporate such energy storage in future planning[SINGAPORE] Singapore’s largest utility-scale energy storage system does not count towards required generation reserves, and...
‘Diverging’ trajectories: Taiwan dethrones South Korea atop global markets as AI trade widens
The Taiex and Kospi have traded places at the top of the global leaderboard in 2026Published Wed, Oct 7, 2026 · 11:25 AM[SINGAPORE] As equity investors enter the final...
OCBC sheds S$8 billion in value as shares close nearly 6% down; analysts cautious on banks
[SINGAPORE] Shares of OCBC dropped nearly 6 per cent on Wednesday (Oct 7), with the bank downgraded by Citi from “neutral” to “sell” earlier on the same day.Analysts remained...