News
Two robotaxi groups flag services for Singapore
[SINGAPORE] Two Chinese companies will be partnering local firms to launch robotaxi services in Singapore.Ride-hailing operator Grab announced on Saturday (Sep 20) it would partner China’s WeRide to begin...
Oil prices slip as robust supply outweighs Fed cut
[HOUSTON] Oil prices dropped on Friday (Sep 19) as worries about large supplies and declining demand outweighed expectations that the year’s first interest-rate cut by the US Federal Reserve...
What the BOJ unwinding its ETF holdings means for Japan
THE Bank of Japan (BOJ) plans to start unwinding its exchange-traded fund (ETF) holdings, in a process that could take more than a century to complete. As at mid-September,...
US: Wall St opens higher after rally, FedEx gains
[NEW YORK] Wall Street’s main indexes opened higher on Friday (Sep 19) after rallying to record highs in the previous session, while FedEx rose as the parcel delivery firm...
Singapore reviewing short seller claim against India’s Vedanta
The Singapore Police Force replied to Viceroy’s complaint, assigning it a reference number indicating it was reviewing the matter[LONDON] The Singapore Police Force (SPF) is reviewing a complaint by...
Philippines central bank tightens rules on large cash withdrawals amid graft crackdown
The new rule comes amid a government-led anti-corruption crackdown on infrastructure projects[MANILA] The Philippine central bank has tightened the noose on large cash withdrawals, ordering banks to conduct “enhanced...
Thai central bank intervenes to slow currency moves
The currency’s strength relative to regional peers is seen as a threat to exports and tourism[BANGKOK] Thailand’s central bank has intervened to slow the Thai currency’s movement, an assistant...
Race to make smart glasses relevant heats up again with new tech from Meta and Snap
More than a decade ago, pricey smart glasses that allowed people to snap photos, text and browse the web generated a lot of buzz but also resistance.People who wore...
ComfortDelGro to start hotline bookings, doorstep pick-ups for cross-border taxi rides from Sep 25
[SINGAPORE] Travellers heading to Johor Bahru can book a cross-border ride from anywhere in Singapore through ComfortDelGro’s (CDG) hotline from Sep 25.The transport giant announced the new initiative in a Facebook...
Nvidia invests US$5 billion in Intel, plans to co-design chips
[SANTA CLARA, CALIFORNIA] Nvidia Corp agreed to invest US$5 billion in Intel and said the two will co-develop chips for PCs and data centres, a surprise move to help prop...
