News

Singapore should anchor hedge fund decision-makers, nurture home-grown managers amid regional talent war: industry watchers
Cultivating local funds and talent pool entrenches the decision-makers who truly drive capital here[SINGAPORE] As tax advantages narrow across competing financial hubs, Singapore’s true competitive edge will depend on...
Nvidia discusses Perplexity investment at valuation of more than US$30 billion: report
Published Mon, Aug 24, 2026 · 12:42 PMNVIDIA is in talks to invest in Perplexity as part of an equity funding round that would value the AI startup at...
FTSE’s reshuffle may give Vietnam stocks a US$3 billion boost
The index provider says 27 Vietnamese stocks will be added to its benchmarks, including the emerging-market gaugePublished Mon, Aug 24, 2026 · 11:55 AMVIETNAMESE stocks may be poised to...
Nikkei wavers as AI stocks weigh ahead of Nvidia earnings
Published Mon, Aug 24, 2026 · 11:04 AM[TOKYO] Japan’s Nikkei share average moved between small gains and losses on Monday (Aug 24), with artificial intelligence-related shares under pressure ahead...
DBS rolls out career advisory service to help employees navigate AI-driven change
‘Bigger prize’ in capturing AI’s value lies in redesigning jobs so workers can do higher-value work, says Tan See Leng[SINGAPORE] DBS has launched a new in-house career advisory service...
OUE unit proposes to privatise OUE Healthcare in S$0.05 per share scheme deal
The price offers a 28.2 per cent premium over the last transacted share price of S$0.039 on Aug 21[SINGAPORE] Mainboard-listed OUE’s wholly-owned subsidiary, Treasure International Holdings, has proposed the...
Oil falls 1% ahead of US announcement to impose further sanctions on Iran
Published Mon, Aug 24, 2026 · 07:41 AM[SINGAPORE] Oil prices slipped 1 per cent on Monday (Aug 24) as investors took profit ahead of an expected announcement from Washington...
Gold likely to pull back after recent rally
GOLD rebounded in July and August this year, rising to around US$4,400 per ounce at the time of writing. This represents a 12 per cent swing from the year...
Shein’s valuation plunges 70% to US$27 billion at best in Hong Kong IPO
The decline in valuation follows questions over slowing growth, rising costs and changing market conditionsPublished Mon, Aug 24, 2026 · 06:48 AM — Updated Mon, Aug 24, 2026 ·...
Hugging Face exploring sale valuing it at US$13 billion: report
Published Mon, Aug 24, 2026 · 05:53 AMAI STARTUP Hugging Face has been exploring a sale that could value the company at US$13 billion or more, Business Insider reported...
Gold jumps as Treasury buybacks revive debasement concerns
Bullion’s rally of around 14% so far in August could be tempered by the rebound in energy pricesPublished Sun, Aug 23, 2026 · 05:07 PMGOLD prices climbed to their...
UltraGreen.ai’s big slump: Was it the Singapore market that failed the company, or vice versa?
Companies seeking to be priced on their potential must adopt a culture of transparency and meaningful engagement[SINGAPORE] During the National Day weekend, an independent analyst named Jamal Aliyev sent...