News
Singapore-based Ryde accused of pump-and-dump fraud in class action lawsuit
Separately, shareholder Octava Fund wants NY-listed ride-hailing firm to buy out its shares[SINGAPORE] Singapore-based ride-hailing firm Ryde, which is listed on the New York Stock Exchange (NYSE), is facing...
Trump says Warsh should have voted against Fed’s rate hike
Published Fri, Oct 2, 2026 · 01:25 PMPRESIDENT Donald Trump said Federal Reserve Chairman Kevin Warsh should have voted against a move to hike interest rates last month, but...
DFI Retail’s Starbucks deal offers ‘earnings stability’ despite near-term hit: analysts
[SINGAPORE] Although DFI Retail Group’s earnings are expected to take a near-term hit from its full acquisition of the Starbucks licence, the deal should provide the Asian retailer with...
World’s top LNG buyer doesn’t see Qatar supply coming back soon
Yukio Kani, global CEO of Japan’s Jera, expects disruptions to the Strait of Hormuz to persistPublished Fri, Oct 2, 2026 · 11:27 AM[NEW YORK] The head of the world’s...
Crystal Jade holding companies in S’pore, Hong Kong placed under receivership
[SINGAPORE] The holding companies of restaurant group Crystal Jade’s operations in Singapore and Hong Kong have been placed under receivership, with advisory firm Kroll reviewing the group’s financial and...
Man charged by US with illegally shipping Nvidia chips to China
He is said to have shipped servers containing restricted chips, without required US licencesPublished Fri, Oct 2, 2026 · 09:15 AMUS FEDERAL prosecutors arrested a California man on Thursday...
OpenAI alerts more than 100 groups about rogue AI agent activity
A string of high-profile breaches globally by rogue AI agents has sparked widespread concernsPublished Fri, Oct 2, 2026 · 07:16 AMOPENAI has informed more than 100 organisations about incidents...
US Fed’s Cook sees AI inflationary push as a top 2027 risk
Inflation has been above the Federal Reserve’s goal of 2% for more than 5 and a half yearsPublished Fri, Oct 2, 2026 · 06:25 AMFEDERAL Reserve Governor Lisa Cook...
European stocks close at three-month lows as surging bond yields hammer banks
Published Fri, Oct 2, 2026 · 05:49 AMEUROPEAN shares started the final quarter of the year on a downbeat note on Thursday (Oct 1), with heavyweight banks marking sharp declines...
Google wins dismissal of Chegg, Penske Media lawsuits over AI overviews
The companies allege the search engine giant unlawfully used their content in AI-generated summariesPublished Thu, Oct 1, 2026 · 10:57 PM[WASHINGTON] Alphabet’s Google has persuaded a US federal judge...
