News

Waymo seeking about US$16 billion near US$110 billion valuation
The startup plans to aggressively expand the commercial service this year to many more American cities, as well as to the UKPublished Mon, Feb 2, 2026 · 06:44 AM[SAN...
Warsh’s return revives tensions over the Fed’s US$6.6 trillion QE hangover
Money markets in particular have proved sensitive to even the slightest changes in the amount of liquidity in the system[NEW YORK] For much of the time that US President...
Opec+ agrees to keep oil output unchanged as Iran tensions boost prices
They will raise production quotas by about 2.9 million barrels per day from April till December 2025, roughly 3% of global demand.Published Sun, Feb 1, 2026 · 11:27 PM[MOSCOW/LONDON]...
Singapore bank lending hits fastest monthly growth since Dec 2024; full-year lending at multi-year high
For the whole of 2025, bank lending up 5.8% at S$10.26 trillion, MAS data indicates[SINGAPORE] Singapore’s bank lending in December 2025 charted the highest monthly increase since December 2024,...
China’s BYD vehicle sales fall for fifth month in a row
It has narrowly met its slashed global sales target of 4.6 million units in 2025, and has not announced this year’s targetPublished Sun, Feb 1, 2026 · 07:16 PM[BEIJING/HONG...
Sell America is the new trade on Wall Street
Published Sun, Feb 1, 2026 · 06:01 PMA NEW investment thesis has spread through global markets at the start of 2026, as trading strategies long built on the primacy...
What is tokenised gold, and why is it taking off in Asia?
Market watchers note that Singapore’s banks have taken a more measured approach towards tokenised gold offerings for retail investors[SINGAPORE] Amid a year-long rally in gold prices that saw the...
Indonesia permits Elon Musk’s Grok to resume service after ban
Published Sun, Feb 1, 2026 · 04:07 PM[JAKARTA] Indonesia has permitted the artificial intelligence tool Grok to resume service after Elon Musk’s X provided assurances to the government following...
Institutions turn net sellers as new share placements hit the market
Net institutional outflow of S$61.6 million has reduced the net inflow for January to S$211 million[SINGAPORE] For the five trading sessions spanning Jan 23 to 29, institutions were net...
Trump welcomes China, India investment in Venezuela oil
Published Sun, Feb 1, 2026 · 01:08 PM[WASHINGTON] President Donald Trump said on Saturday (Jan 31) he welcomed investment by China and India in Venezuela’s oil industry.“China is welcome...
Californian tech company to move headquarters to Florida
California quantum computing company D-Wave is moving its headquarters to Boca Raton, Fla., and opening a new research and development facility.In an announcement this week, the Palo Alto company...
Market swings in India surge from historic low as budget nears
With the Nifty 50 down more than 3% this year, Indian shares have become some of the world’s worst performersPublished Sat, Jan 31, 2026 · 03:50 PM[SINGAPORE] Indian stocks...