News

New IPO aspirants signal renewed listing activity on SGX
Flurry points to continued momentum buoyed by government measures to revitalise the local bourse[SINGAPORE] A fresh burst of initial public offering activity hit the Singapore Exchange (SGX) on Tuesday...
Cathay Financial apologises, bans bosses from outside roles
This follows the resignation of its banking chief, whose external directorship led to a regulatory breachPublished Wed, Jul 1, 2026 · 04:18 PM[TAIPEI] Taiwan’s biggest financial conglomerate will prohibit...
Vertiv opens Malaysia plant to meet AI data centres’ power needs
It will keep clients’ data centres running in South-east Asia, North Asia, Australia and New ZealandPublished Wed, Jul 1, 2026 · 02:55 PM[SINGAPORE] US data centre equipment maker Vertiv...
Global M&A tops US$2.5 trillion after first-half deals surge
[NEW YORK] The year was tipped to be a potential blockbuster in deals and the first half delivered, setting a pace that is likely to continue in the closing...
Nio delivers 40,597 vehicles in June, up 62.9% year on year
[SINGAPORE] Chinese electric vehicle giant Nio delivered 40,597 vehicles in June, representing a year on year increase of 62.9 per cent.A bourse filing on Wednesday (Jul 1) said that...
OCBC rolls out AI-native banking, to hire 600 relationship managers in wealth push
Its new app uses AI-powered digital avatars to deliver personalised wealth insights to affluent clients[SINGAPORE] OCBC is going big on artificial intelligence even as it increases its human advisers...
Asian airlines’ Europe windfall fades as Gulf rivals rebound
Published Wed, Jul 1, 2026 · 11:31 AM[HONG KONG/SYDNEY] Asian airlines that gained passengers and charged higher fares on European routes after the start of the Iran conflict are...
Iran war delivers massive swings in Chinese petrochemicals trade
Amid loss of feedstock from the Persian Gulf, Asian petrochemical importers tapped China, which has massive stockpilesPublished Wed, Jul 1, 2026 · 10:32 AMTHE WAR in Iran has rewired...
Australia proposes consulting sector overhaul after scandals
Transgressions across high profile firms in recent years spark calls for an industry overhaulPublished Wed, Jul 1, 2026 · 09:17 AMAUSTRALIA proposed sweeping changes to the consulting sector including...
US lifts export controls on Anthropic’s Fable, Mythos AI models
Washington has stepped up oversight of new model releases to identify potential threats posed by advanced AI modelsPublished Wed, Jul 1, 2026 · 08:21 AM[WASHINGTON] Anthropic said on Tuesday...
After Amazon drops OpenAI movie ‘Artificial,’ film finds new home at Neon
A Hollywood portrayal of OpenAI Chief Executive Sam Altman portrayed by actor Andrew Garfield will be released later this year, after Amazon MGM Studios dropped the movie.“Artificial,” which chronicles...
S&P 500, Nasdaq register best quarter since 2020 despite Iran war
Published Wed, Jul 1, 2026 · 06:19 AM[NEW YORK] The S&P 500 and Nasdaq finished June on Tuesday (Jun 30) with their biggest quarterly gains since 2020 as investors...