News

India central bank’s FX blitz drains nearly US$20 billion from surplus liquidity
Published Tue, Sep 29, 2026 · 03:43 PM[MUMBAI] The Reserve Bank of India’s foreign exchange operations have soaked up an estimated US$20 billion of excess rupee liquidity, two bankers...
Saudi Arabia resumes Yanbu oil exports after drone-hit East-West pipeline restarts
Published Tue, Sep 29, 2026 · 02:46 PM[SINGAPORE] Saudi Arabia has resumed oil loadings from its Red Sea port of Yanbu after restarting operations on the East-West pipeline, according...
Google challenges EU orders to open up to AI, search engine rivals
It argues that compliance measures to support competition will undermine user privacy and securityPublished Tue, Sep 29, 2026 · 01:49 PM[BRUSSELS] Alphabet’s Google has challenged two EU orders requiring...
OpenAI apologies for Australian government website hack, pledges to rebuild trust
Firm’s chief strategy officer to appear at an Australian Senate committee hearing on AI on Oct 6Published Tue, Sep 29, 2026 · 12:28 PM[SYDNEY] OpenAI apologised for the hacking...
HK-listed engineering firm Metasurface files for dual primary listing on Catalist
[SINGAPORE] Precision engineering services provider Metasurface Technologies has lodged a preliminary offer document with the Singapore Exchange for a dual primary listing on the Catalist board.The Singapore-based company, which...
Shares of fast-fashion platform Shein fall 10% after quarterly profit slides 67%
Published Tue, Sep 29, 2026 · 10:24 AM — Updated Tue, Sep 29, 2026 · 10:39 AM[HONG KONG] Shares of fast-fashion retailer Shein dropped 10 per cent on Tuesday (Sep 29)...
Gold trades near seven-week low as rate hike pressure mounts
The metal is down around 7% in September after the Fed raised rates for the first time since 2023Published Tue, Sep 29, 2026 · 09:44 AM[SINGAPORE] Gold held a...
As global markets extend trading hours, South Korea tests the case in Asia
Analysts say it is too early to tell whether the new evening session is generating genuinely new liquidity[SEOUL] South Korea’s latest move to extend stock trading hours, in line...
Stock to watch: Mapletree Industrial Trust
[SINGAPORE] The following company saw new developments that may affect trading of its securities on Tuesday (Sep 29): Mapletree Industrial Trust : The trust is set to sell a...
Trump’s AI meeting with tech CEOs to focus on finding balance, US House speaker says
Leading AI companies are calling for slowing development of increasingly capable AI systemsPublished Tue, Sep 29, 2026 · 07:26 AM[WASHINGTON] President Donald Trump’s meeting with tech CEOs on artificial...
Nvidia rival AMD to buy industry pioneer’s AI startup World Labs for US$8.2 billion
The deal will bolster AMD’s offerings by allowing it to provide a variety of AI models to customersPublished Tue, Sep 29, 2026 · 06:26 AM[SAN FRANCISCO] Chipmaker Advanced Micro...
US stocks fall as higher oil prices, Treasury yields weigh
Published Tue, Sep 29, 2026 · 06:07 AM[NEW YORK] US stocks fell on Monday (Sep 28) as oil prices and Treasury yields increased, with investors weighing uncertainty over the...