News

‘No shortage of liquidity’: Apac share sales to test 2021 record on AI boom
Firms in the region have raised US$327.1 billion via equity deals in 2026 so far, up 53% on the yearPublished Wed, Sep 30, 2026 · 11:19 AM[HONG KONG] Asia-Pacific...
UMS shares up 7.2% after Malaysia placement proposal
[SINGAPORE] Shares of UMS Integration rose to a one-month high on Wednesday (Sep 30) as investors reacted favourably to the company’s plans for a Malaysia-only placement to fund new...
Gold steady as traders weigh lower oil against higher yields
The yield on the US Treasury’s longest bond hits the highest level since 2002 on rate hike fearsPublished Wed, Sep 30, 2026 · 09:09 AM[SINGAPORE] Gold steadied, after advancing...
Robinhood to allow 24-hour weekend trading of US stocks as industry shifts to wider access
The Nasdaq and the London Stock Exchange are planning to extend trading hours as wellPublished Wed, Sep 30, 2026 · 08:22 AMROBINHOOD said on Tuesday (Sep 29) it will...
OpenAI targets US$30 billion in new funding at US$1.4 trillion value
This could vault the ChatGPT maker above rival Anthropic’s latest private market valuationPublished Wed, Sep 30, 2026 · 06:58 AM[NEW YORK] OpenAI aims to raise at least US$30 billion...
Trump reaffirms support for data centres after talks with AI executives
Published Wed, Sep 30, 2026 · 06:18 AM[WASHINGTON] US President Donald Trump on Tuesday (Sep 29) said tech executives agreed to establish standards for AI and reiterated his support...
S&P, Nasdaq open higher on oil retreat, tech optimism
Published Tue, Sep 29, 2026 · 10:41 PM[NEW YORK] The S&P 500 and the Nasdaq opened higher on Tuesday (Sep 29), helped by a pullback in oil prices, while...
Crystal Jade Fine Dining faces charge for failing to file income tax return on time
The court hearing was adjourned for four weeks after the company’s representative failed to turn up on Sept 29[SINGAPORE] Crystal Jade Fine Dining’s court hearing over a charge of failing to...
Dollar keeps climbing as oil, US yields stay high; jobs data looms
Published Tue, Sep 29, 2026 · 08:14 PM[LONDON/HONG KONG] The dollar rose on Tuesday (Sep 29), testing several-month highs against major peers, underpinned by volatile oil prices and a...
Greenback climbs as oil, US yields stay high
Published Tue, Sep 29, 2026 · 08:14 PM[LONDON/HONG KONG] The greenback rose on Tuesday (Sep 29), testing several-month highs against major peers, underpinned by volatile oil prices and a...
Zhenang Jinjiang Environment proposes to take company private at S$0.70 a share or to issue new shares
[SINGAPORE] The board of Zhenang Jinjiang Environmental , along with Jieneng Investment, has proposed a scheme of arrangement to take Zhenang Jinjiang Environmental private at S$0.70 a share or...
GXS wants more secured loans, targets second-hand car market
It has launched the AutoLoan product on Sep 9 for Grab drivers, and is beta testing it for consumers[SINGAPORE] GXS Bank aims to have secured loans make up half...