News
Top Glove Q4 profit surges 352.6% to RM157.6 million as demand-supply balance improves
Stronger global demand for gloves and tightened supply from the Middle East crisis boost margins[SINGAPORE] Top Glove reported a 352.6 per cent surge in net profit to RM157.6 million...
AI appears to have been used in bank hacks: South Korea’s Lee
Police are investigating breaches affecting several major lenders; details of alleged artificial intelligence tools used remain undisclosedPublished Tue, Oct 6, 2026 · 03:04 PM[SEOUL] South Korean President Lee Jae-myung...
Billionaire Ray Dalio warns China and Japan may pull back from US Treasuries
Published Tue, Oct 6, 2026 · 02:04 PMBillionaire Ray Dalio warned that Treasuries are vulnerable to a pullback of demand from China and Japan, two of the US’s largest foreign creditors, highlighting...
Fire-safety specialist Deluge Corporation to raise S$23 million in IPO at 60 cents a share
It wants to power larger projects, acquisitions and regional growth; trading is expected to start Oct 16[SINGAPORE] Fire-protection specialist Deluge Corporation plans to raise S$23.4 million in gross proceeds...
OCBC initiates EGP Energy with ‘buy’, target price of S$1.05
Fair value estimate implies a 43% upside from the stock’s last closing price of S$0.73[SINGAPORE] OCBC Group Research has initiated coverage on EGP Energy Corporation with a “buy” rating...
Moonshot said to eye Hong Kong IPO in early 2027 after value hits US$50 billion
The Chinese AI champion is reportedly considering raising up to US$5 billion in the dealPublished Tue, Oct 6, 2026 · 11:18 AM[HONG KONG] Moonshot AI has closed the final...
World’s biggest business class coming to British Airways’ A380s amid upscale travel rush
Changes to cut jets’ seating capacity, with bulk of reductions at the economy class cabins’ expensePublished Tue, Oct 6, 2026 · 09:08 AM[LONDON] British Airways will introduce what it...
Singapore data centre operator DayOne files for US IPO at potential US$20 billion valuation
[SINGAPORE] DayOne Data Centers, a global digital infrastructure platform headquartered in Singapore, has filed for a proposed initial public offering (IPO) in the US.In a media statement on Tuesday...
Musk is a trillionaire again as SpaceX claws back post-IPO slump
It marks the first time in three months the 55-year-old tech mogul’s fortune passed US$1 trillionPublished Tue, Oct 6, 2026 · 07:01 AM[NEW YORK] Elon Musk’s net worth jumped...
OpenAI in US$30 billion round talks with UAE funds, BlackRock
Top AI firms have turned to deep-pocketed Middle East investors to meet their intense capital needsPublished Tue, Oct 6, 2026 · 06:51 AM[SAN FRANCISCO] OpenAI is in talks with...
