News

Oil edges higher as Middle East tensions linger
Global benchmark Brent crude rose 0.5% in early Asia trading, with the US dollar little changed against major peersPublished Mon, Aug 17, 2026 · 06:49 AMOIL opened slightly higher...
Judge nixes Meta’s attempts to quash star witness, key evidence out of upcoming child-safety trial
California can keep a star witness and introduce key evidence during opening statements in its case against Meta, a federal judge has ruled, dealing a blow to the tech...
Manager internalisation isn’t the solution to Stoneweg Europe Stapled Trust’s problem
It should focus on ensuring its portfolio pivot boosts its DPS instead of wading into a potentially contentious overhaul[SINGAPORE] The announcement last week that Stoneweg Europe Stapled Trust (Sert)...
Data centre S-Reits power ahead on AI and cloud growth
Industry analysts highlight a broadly positive sector outlook, driven by ongoing digitalisation[SINGAPORE] Data centre real estate investment trusts in Singapore (DC S-Reits) have demonstrated continued robust operating results in...
What’s stopping Asia’s chipmakers from taking on Nvidia? The answer lies in this bottleneck
NVIDIA’S rise from video game industry stalwart to the world’s most valuable public company has had some unintended consequences. For one, the semiconductor industry now seems to generate almost...
Hedge funds halved short bets on yen since joint intervention
Published Sat, Aug 15, 2026 · 03:23 PM[TOKYO] Hedge funds further dialled back on their wagers against the yen, signalling a reduction in negative sentiment surrounding the currency after...
Netflix plans to close two gaming studios, including one in Hollywood
Netflix said it is in the process of closing two of its gaming studios, as the division is making another round of organizational changes.The Los Gatos streamer said it...
OUE dips into the red with S$114.6 million loss for H1
This is mainly from a S$47 million impairment linked to an associate affected by China’s property downturn[SINGAPORE] Real estate and healthcare group OUE swung into the red for the...
Goldman Sachs lifts 12-month target for European stocks on strong earnings
Published Fri, Aug 14, 2026 · 10:23 PM[NEW YORK] Goldman Sachs on Friday (Aug 14) raised its 12-month target for Europe’s STOXX 600 index, pointing to strong corporate earnings...
Wall St opens mixed as investors weigh Middle East tensions, data
Published Fri, Aug 14, 2026 · 09:46 PM[NEW YORK] Wall Street’s main indexes were mixed at the open on Friday (Aug 14), a day after the S&P 500 closed...
US retail sales unexpectedly fall in July
Published Fri, Aug 14, 2026 · 09:21 PM[WASHINGTON] US retail sales unexpectedly fell in July after recent strong gains that were fuelled by large tax refunds, but consumer spending...
Straits Trading H1 net loss narrows by 72.7% to S$11.1 million
Improvement driven mainly by stronger performance from resources segment and absence of non-cash remeasurement loss[SINGAPORE] The Straits Trading Company on Friday (Aug 14) reported a net loss of S$11.1...