News

Oil climbs after Yemeni Houthis attack Saudi Aramco sites
Strikes in Riyadh and the Khurais area raise concerns about production at the region’s top exporterPublished Mon, Oct 5, 2026 · 06:36 AM[SINGAPORE] Oil prices rose on Monday (Oct...
Chan Yeng Kit: The ‘serial job hopper’ who’s now SPH Media’s new executive chairman
Group’s ex-CEO wants to ensure continuity and stability; hopes to give up executive roles in next 2 to 3 years[SINGAPORE] Take a look at Chan Yeng Kit’s curriculum vitae,...
Is Stoneweg Europe Stapled Trust’s manager-internalisation deal the key to reviving S-Reits?
Some view manager-internalisation as a ‘nuclear option’, but Sert is demonstrating that it is also a constructive growth-oriented strategy[SINGAPORE] When Stoneweg Europe Stapled Trust (Sert) flagged in August that...
CDL’s Lucerne Grand launch moves 61% of 570 units at average S$2,480 psf
Prices at the 99-year Jurong Lakeside project start from S$1.5 million for a two-bedroom unit[SINGAPORE] City Developments Ltd’s (CDL) Jurong condominium project Lucerne Grand sold 61 per cent of...
Opec+ set to keep November oil output targets steady amid Iran war disruptions: sources
Published Sun, Oct 4, 2026 · 04:35 PM[LONDON/MOSCOW] Opec+ is set to keep oil production targets steady for November, three sources close to the matter said ahead of the...
South Korean president orders probe into wave of data breaches at banks, public agencies
Regulators believe the attacks may have broadly scanned multiple financial companies for vulnerabilitiesPublished Sun, Oct 4, 2026 · 03:54 PM[SEOUL] South Korean President Lee Jae-myung ordered a thorough investigation...
Singapore’s maritime sector sees stronger earnings and business sentiment
The top 10 maritime stocks by return on equity (ROE) have recorded an average ROE of 24.4% as at Sep 30[SINGAPORE] Rising offshore rates, sustained chartering demand and firm...
‘Time for trial and error is over’: OpenAI safety employee quits, criticises ‘broken’ culture
He argues that advanced AI systems require safeguards more akin to those used in industries such as nuclear power and aviationPublished Sun, Oct 4, 2026 · 01:17 PMA FORMER...
Thakral looks to unlock value through lifestyle spinoff listing, India expansion
With the group’s revenue rising 18% in H1, its boss believes now is the right time for an IPO[SINGAPORE] Inderbethal Singh Thakral, CEO of mainboard-listed conglomerate Thakral , has...
AI frenzy drives Hong Kong share sales to record US$47.5 billion in Q3 despite stock sell-off
Share sales have topped US$120 billion in the third quarter as boom extends across Asia-PacificPublished Sun, Oct 4, 2026 · 11:05 AMBANKERS in Hong Kong skipped the summer break...
How do you sell to an AI shopper? US brands rethink their pitch with logic and data
By 2030, ‘agent-influenced spend’ may constitute up to 20% of total US e-commercePublished Sun, Oct 4, 2026 · 10:23 AMWHEN an AI agent goes shopping, how does it decide...
Broadcom amassing US$60 billion to fund chips for Anthropic: sources
Banks involved in the massive debt package include Bank of America, Citigroup and Morgan StanleyPublished Sat, Oct 3, 2026 · 02:15 PM[NEW YORK] Broadcom’s Wall Street syndicate is starting...