News
Singapore’s asset management ambitions face next test as industry seeks speed and clarity
Latest measures are welcomed but questions remain over eligibility, tax treatment and implementation[SINGAPORE] Greater clarity, speed and workable rules are among requests that industry players have in Singapore’s latest...
CEO of Australia’s US$255 billion sovereign wealth fund quits
Published Wed, Aug 26, 2026 · 04:27 PM[SYDNEY] Australia has embarked on a global search to fill one of its highest-profile investment roles after the longtime head of its...
Two more close calls at Sydney Airport add to safety concerns
The incidents highlight a persistent shortage of air traffic controllers at Australia’s busiest airportPublished Wed, Aug 26, 2026 · 01:23 PMAUSTRALIAN authorities are investigating two more aircraft taxiing incidents...
IHH seeks larger Fortis stake, 10,000 bed capacity in India as it expands global reach
[DELHI] IHH Healthcare is ramping up the expansion of its Indian healthcare business Fortis Healthcare, with the aim to nearly double the Indian hospital operator’s capacity to about 10,000...
Meta, US states have discussed settling teen social media case
Published Wed, Aug 26, 2026 · 10:23 AMMETA Platforms and state attorneys general have discussed a possible mid-trial settlement of a blockbuster case accusing the company of deliberately designing Facebook...
Australia’s Lynas posts sharp rise in annual profit, but misses market estimates
Published Wed, Aug 26, 2026 · 09:14 AMAUSTRALIA’S Lynas Rare Earths reported a sharp rise in annual profit on Wednesday (Aug 25), helped by record average selling prices for...
Stocks to watch: SingPost, Marco Polo Marine, Penguin International
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 26): Singapore Post (SingPost) : The postal service operator posted an operating...
US rates need to rise soon absent evidence of ongoing drop in inflation: Fed’s Collins
The current policy rate, in the 3.5% to 3.75% range, has been on hold since DecemberPublished Wed, Aug 26, 2026 · 07:28 AM[WASHINGTON] The US Federal Reserve will need...
Four Fed bank boards wanted rate hike, minutes show
Their rate recommendations provide an insight into how contested the Fed policymakers’ final decision wasPublished Wed, Aug 26, 2026 · 06:47 AMDIRECTORS at four of the Federal Reserve’s 12...
Oil prices fall 2.6% on Iran-Oman talks to reopen Strait of Hormuz
Published Wed, Aug 26, 2026 · 06:04 AM — Updated Wed, Aug 26, 2026 · 01:42 PM[TOKYO/SINGAPORE] Oil prices fell more than US$2 a barrel on Wednesday (Aug 26)...
