News

E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement
The sector is maturing in the region, with players pivoting from scale to profitable growth[SINGAPORE] Recent job cuts by e-commerce players Lazada, Shopee and Amazon highlight a broader shift...
SingPost expects huge dip in low-value parcels to EU initially as customs duty takes effect
Presently, Spain, Germany and France are the key countries to which parcels from Singapore businesses are delivered[SINGAPORE] Singapore Post (SingPost) expects to see a “big drop” in low-value parcel...
Hong Kong dollar nears weak end on low volatility, cheap rates
Muted funding costs in the city have been aided by weaker demand for cash as a slump in local equities curbed financing needsPublished Thu, Jun 25, 2026 · 12:02...
DigitalBridge is said to explore options for Malaysia’s Aims Data Centre
The US-based firm is working with a financial adviser and has reached out to prospective investors to gauge interest, according to sourcesPublished Thu, Jun 25, 2026 · 11:25 AM[HONG...
Bank of Japan sees AI export boom cushioning economy from oil price shock
The country is getting an unexpected boost that puts pressure on policymakers to tighten policyPublished Thu, Jun 25, 2026 · 10:07 AM[TOKYO] The Bank of Japan (BOJ) is increasingly...
SK Hynix jumps 12% as US listing plan boosts valuation hopes
At the proposed size, the chipmaker’s ADR sale would be among the top three first-time share sales everPublished Thu, Jun 25, 2026 · 09:36 AM[SEOUL] SK Hynix shares surged...
Stocks to watch: OUE Reit, OUE Ltd, Frasers Property, Vicom, UOB
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jun 25): Frasers Property : The real estate group on Thursday said it...
Higher-for-longer US rates could boost Singapore banks’ earnings beyond 2026: analysts
A hawkish Fed could be good news for DBS, OCBC and UOB, even as benefits may not be equal across the sector[SINGAPORE] A more hawkish US Federal Reserve could...
Oil erases wartime gains as more tankers transit Hormuz
Published Thu, Jun 25, 2026 · 06:01 AMOIL’S wartime price gains have evaporated as the US and Iran log progress in peace talks and more tankers openly transit the...
OpenAI, Broadcom unveil chip to run models faster, cheaper
The finalised chips will be integrated into large data centres later this year.Published Wed, Jun 24, 2026 · 11:07 PMOpenAI unveiled its first custom artificial intelligence chip developed in...
Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz
Ships have already sailed through the strait under a newly launched evacuation scheme by the UN’s shipping agencyPublished Wed, Jun 24, 2026 · 09:18 PM[BENGALURU] Brent crude prices fell...
Qualcomm in talks to provide custom chip-design services to ByteDance: sources
The negotiations show US tech companies are keen to do business with China, even with growing friction over AI chipsPublished Wed, Jun 24, 2026 · 07:36 PM[CALIFORNIA] Qualcomm is...