News
SpaceX weighs June 2026 IPO at US$1.5 trillion valuation: report
Published Thu, Jan 29, 2026 · 06:30 AM[BENGALURU] Elon Musk’s SpaceX is weighing a mid-June initial public offering (IPO), aiming to raise as much as US$50 billion at a...
13 SGX counters qualify for reduced board lot size
Under proposed changes, investors could buy shares of these companies in lots of 10, instead of the current 100[SINGAPORE] The Singapore Exchange (SGX) has confirmed that 13 stocks qualify...
Pinterest to cut up to 15% of its workforce as focus on AI intensifies
Pinterest said Tuesday it’s planning to slash up to 15% of its workforce.The San Francisco-based image-sharing platform used for inspiration for home decor, fashion and other interests is laying...
Singapore shares mixed; Straits Times Index declines
[SINGAPORE] Singapore shares closed lower on Wednesday (Jan 28), with the Straits Times Index (STI) failing to sustain its momentum a day earlier amid a mixed showing regionally.The 30-constituent...
Hong Kong’s Exchange Fund posts record gain of HK$331 billion
Published Wed, Jan 28, 2026 · 05:36 PM[HONG KONG] Hong Kong’s Exchange Fund reported a record investment gain of HK$331 billion (S$53.5 billion) in 2025, helped by rising global...
As the greenback dives, one of Asia-Pacific’s top-performing currencies is trouncing the Singdollar
The Australian dollar surged to its strongest position against the greenback in over two years[SINGAPORE] The US dollar skidded to a four-year low on Wednesday (Jan 28), sparking a...
ASML reports big orders beat as AI drives chipmaker demand, to lay off 1,700
The orders beat comes as several of the chipmaker’s customers raise investment plansPublished Wed, Jan 28, 2026 · 04:05 PM[AMSTERDAM] ASML reported stronger-than-expected bookings in the fourth quarter on...
Singapore-based Digital Edge to build US$4.5 billion data centre campus in Indonesia
Published Wed, Jan 28, 2026 · 02:01 PM[HONG KONG] Digital Edge, an Asian digital infrastructure firm backed by alternative asset manager Stonepeak Partners, plans to invest US$4.5 billion to...
China’s four-year energy spree has eclipsed entire US power grid
Published Wed, Jan 28, 2026 · 01:02 PMCHINA is undertaking an energy-building boom unlike anything the world has ever seen, as Beijing seeks to ensure supply for power-hungry facilities...
BYD weighs India expansion as hundreds of car orders pile up
The automaker has approached Indian auto sector regulators to flag how import limits could constrain growthPublished Wed, Jan 28, 2026 · 11:49 AM[DELHI] BYD is weighing options to expand...
