News

Asian stocks under pressure after US tech sell-off
Published Tue, Aug 25, 2026 · 07:37 AMASIAN stocks were set for broad declines on Tuesday (Aug 25) after a tech-led sell-off on Wall Street outweighed a drop in...
Asian stocks retreat on US tech sell-off as chipmakers lead losses
Published Tue, Aug 25, 2026 · 07:37 AM — Updated Tue, Aug 25, 2026 · 10:30 AMASIAN equities followed Wall Street lower as investors cut exposure to technology shares...
European stocks flat as markets weigh Iran tensions, await economic data
Published Tue, Aug 25, 2026 · 06:27 AMEUROPEAN shares were flat on Monday (Aug 24) as markets monitored US-Iran developments and looked ahead to a busy week of economic...
Trump vows to double Canadian auto tariffs, escalating fight
Published Mon, Aug 24, 2026 · 11:30 PM[WASHINGTON] US President Donald Trump pledged to double the automobile tariff on Canadian vehicles and parts starting next year, escalating the spiraling...
Shipping oil through Hormuz costs US$20 million, Total CEO says
Published Mon, Aug 24, 2026 · 11:11 PM[PARIS] The cost of shipping oil cargoes on a supertanker through the Strait of Hormuz is about US$20 million, the boss of...
UOB’s loan fraud damages against Lippo Marina Collection quadruple to S$76.1 million
[SINGAPORE] The Court of Appeal has more than quadrupled damages awarded to UOB in its case against developer Lippo Marina Collection to S$76.1 million from S$17.7 million.This was after...
Singapore’s new Western island offers real opportunity to create ‘next-generation energy hub’: analysts
Its proximity to Jurong Island, the Republic’s petrochemicals hub, also provides synergies[SINGAPORE] Singapore’s new Western island – to be formed from the merger of several islands – could house...
UltraGreen.ai to tailor response to US rivals’ pricing and distribution
Its CEO remains confident in its long-term strategy, competitive position and prospects[SINGAPORE] UltraGreen.ai will calibrate its commercial response to new US competitors based on their pricing, distribution approach and...
Singapore stocks end lower on Monday; STI down 0.1%
Published Mon, Aug 24, 2026 · 06:43 PM[SINGAPORE] Singapore stocks ended lower on Monday (Aug 24).The benchmark Straits Times Index (STI) lost 0.1 per cent or 8.50 points to...
Temasek’s Azalea raises over US$1 billion despite ‘challenging’ environment for private equity
[SINGAPORE] Azalea Investment Management on Monday (Aug 24) announced it has raised more than US$1 billion in new capital commitments across three private equity (PE) offerings.These include US$526 million...
Shein to pay up to US$3.5 billion to select pre-IPO investors around Hong Kong listing
Published Mon, Aug 24, 2026 · 03:26 PM[HONG KONG] Online fast fashion retailer Shein will pay up to US$3.5 billion to selected existing investors – almost twice the fresh...
Alibaba shares slide after US$10.2 billion AI share sale offered at sharp discount
The firm’s share sale is the largest-ever primary follow-on offering by a Hong Kong-listed companyPublished Mon, Aug 24, 2026 · 03:08 PM[SHANGHAI] China’s Alibaba shares slumped in Monday (Aug...