News

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...
Oil settles lower after Europe agrees to tap diesel reserves
Published Sat, Oct 3, 2026 · 09:14 AM[HOUSTON] Crude futures finished down after European leaders agreed to US President Donald Trump’s request to release diesel reserves to lower prices...
G7 to release 100 million barrels of diesel and other reserves as prices surge
A ‘coordinated release through the IEA of 100 million barrels’ is to begin immediatelyPublished Fri, Oct 2, 2026 · 11:28 PM[PARIS] The Group of Seven nations will undertake a...
G7 to release 100 million barrels of diesel and other reserves as prices soar
Published Fri, Oct 2, 2026 · 11:28 PM[LONDON] The world’s wealthiest industrial nations agreed on Friday (Oct 2) to release diesel from their reserve stockpiles, to help ease a...
Wall Street opens higher as softer payrolls data, lower yields lift sentiment 
Published Fri, Oct 2, 2026 · 10:07 PMWALL Street’s main indexes opened higher on Friday (Oct 2), as a softer-than-expected jobs report deepened prospects of an unchanged US rate...
Microsoft, Amazon cloud arms set to face deeper scrutiny under EU’s tech rules
They will have to comply with interoperability requirements and curbs on customer lock-in and self-preferencingPublished Fri, Oct 2, 2026 · 08:51 PMMICROSOFT’S Azure and Amazon Web Services (AWS) are...
Oil, fuel prices slide as Europe mulls strategic reserve release
Attention has now shifted to stockpiles, especially as supply buffers have weakenedPublished Fri, Oct 2, 2026 · 07:16 PMOIL and fuel futures slid as France proposed that developed nations...
Ultragreen.ai appoints two new independent directors; Hsieh Fu Hua steps down as independent director
[SINGAPORE] Ultragreen.ai announced a number of board changes on Friday (Oct 2), as part of its next phase of development.Lead independent director Hsieh Fu Hua stepped down the same...
Bain exploring investment in Hong Kong’s New World: sources
The private equity firm has been studying a potential deal that could also see the developer’s controlling Cheng family inject fresh capital, they addPublished Fri, Oct 2, 2026 ·...
Fuel subsidies may top US$1 trillion as Iran war drags, UN says
Number of countries deploying relief measures nearly doubles between April and September, UN report saysPublished Fri, Oct 2, 2026 · 04:57 PMGOVERNMENTS around the world are running out of...
Dyson’s US$995 million dividend reverses years of falling payouts
The group made the distribution last year to Singapore-based Weybourne Holdings, registry filings showPublished Fri, Oct 2, 2026 · 04:06 PM[LONDON] James Dyson’s vacuum cleaner-maker has ramped up its...
Ride-hailing firm Ryde hit by shareholder litigation and class action lawsuit
Shareholder Octava Fund seeks for its shares to be bought out, while US-filed suit brings accusations of pump-and-dump[SINGAPORE] Singapore-based ride-hailing firm Ryde, which is listed on the New York...