News
China markets under threat from risk of renewed US trade war
Hong Kong’s Hang Seng Index has climbed 31% in 2025 as Chinese equities benefited from the trade truce with the US in addition to optimism over the country’s growing...
AJJ Medtech to develop ‘world’s first’ multifunctional humanoid elderly care robot
It will work with China’s Huaxi Intelligent Technology Co to produce humanoid robots that will replicate human presence, offering both practical assistance and emotional engagement [SINGAPORE] AJJ Medtech has...
Warner Bros said to rebuff Paramount takeover approach
[CALIFORNIA] Warner Bros Discovery has rebuffed Paramount Skydance’s initial takeover approach for being too low, according to people familiar with the matter.Warner Bros rejected Paramount’s offer of around US$20...
Australian airline Qantas says millions of customers’ data leaked online
Qantas confirmed earlier that hackers had targeted one of its customer contact centres[SYDNEY] Australian airline Qantas said on Sunday (Oct 12) that data from 5.7 million customers stolen in...
Megaspeed, Singapore firm at centre of US chip probe, goes dark
[SINGAPORE] The streets outside the Central Business District were bustling with the lunchtime crowd. But on the seventh floor of Ocean Financial Centre, one office stood out for its silence.A self-described...
Goldman, BNP among banks exploring stablecoin-like digital money
A GROUP of international banks including Goldman Sachs, Deutsche Bank, Bank of America and Banco Santander, have joined forces to explore stablecoin-like digital money, marking the latest push by...
S-Reits fundraising uptrend continues in 2025, with S$4 billion raised year to date
[SINGAPORE] Singapore real estate investment trusts, or S-Reits, have been experiencing strong equity fundraising (EFR) this year, with the total amount from primary and secondary activities reaching its highest...
Placements continue, Sert buys back units
[SINGAPORE] Over the five trading sessions from Oct 3 to 9, institutions were net buyers of Singapore stocks, with net institutional inflow of S$250 million, adding to the S$275...
Hollywood-AI battle heats up, as OpenAI and studios clash over copyrights and consent
A year after tech firm OpenAI roiled Hollywood with the release of its Sora AI video tool, Chief Executive Sam Altman was back — with a potentially groundbreaking update.Unlike...
Exxon restarts FCCU at Texas refinery, sources say
[HOUSTON] Exxon Mobil restarted the gasoline-producing fluidic catalytic cracking unit on Thursday (Oct 9) at its 612,000-barrel-per-day refinery in Beaumont, Texas, people familiar with plant operations said.The 120,000-bpd FCCU...
