News

Air India captain’s initial drug test prompts further probe after sudden altitude loss
Published Mon, Aug 10, 2026 · 06:27 AM[NEW DELHI] The captain of an Air India flight from Phuket to New Delhi that encountered a sudden loss of altitude last...
Apple tests China’s CXMT memory chips for iPhones and MacBooks, WSJ reports
Published Sun, Aug 9, 2026 · 08:41 PM[BEIJING] Apple has been testing memory chips from China’s CXMT across product lines including iPhones and MacBooks, to mitigate a component shortage...
DBS, OCBC surge on strong H1 results but don’t overlook the potential of underdog UOB
[SINGAPORE] There was a lot riding on DBS, OCBC and UOB’s financial results last week – with some analysts calculating that the three stocks had accounted for nearly 89...
MetaOptics defers US dual listing on geopolitical uncertainty, market volatility
The semiconductor optics firm may revisit an international dual listing when market conditions are supportive[SINGAPORE] Catalist-listed MetaOptics is withdrawing its application to list on Nasdaq and deferring its plans...
Why South Korea’s stock index is more volatile than Bitcoin
Amid other reasons, two companies account for its performance: Samsung Electronics and SK HynixPublished Sun, Aug 9, 2026 · 04:35 PM[SEOUL] Investing in South Korea’s stock market has yielded...
Fire at Aramco’s Red Sea refinery in Jazan extinguished; no injuries reported
Aramco shut down the refinery on Jul 27 following an attack by Yemen’s Houthi militantsPublished Sun, Aug 9, 2026 · 01:53 PMFIREFIGHTERS extinguished a fire that broke out early...
‘Pilots were forced to brake firmly’: Jetstar, Qatar Air planes narrowly avoid collision at Sydney airport
No passengers were injured, but a cabin attendant required treatment from paramedics, Jetstar saysPublished Sun, Aug 9, 2026 · 01:31 PMSYDNEY airport authorities are examining a near collision that...
Zoom looks beyond video calls as Singapore workers return to office
[SINGAPORE] As more workers return to the office, Zoom wants to follow them as part of its wider push to grow beyond a video-conferencing platform in the Asia-Pacific.Instead of...
South Korea stock volatility eases as leveraged trades unwind amid regulatory curbs
Published Sun, Aug 9, 2026 · 11:34 AMTHE MOST extreme phase of South Korea’s stock-market turmoil may be over after a historic sell-off flushed out leveraged positions and regulatory...
Berkshire accelerates buybacks, lowers cash stake as profit tops forecasts
Quarterly operating profit rose 16% to US$12.98 billion, net income more than doubled to US$25.67 billionPublished Sun, Aug 9, 2026 · 10:22 AMBERKSHIRE Hathaway said it began reducing its...
Is social media addiction real? Law and science collide in blockbuster federal suit
A blockbuster court battle is set to open in Oakland this month, pitting Silicon Valley against attorneys for the state of California in a $1.4-trillion contest with existential stakes...
Fed split on rate hikes deepens as five years of high inflation tests patience
A minority see a case for raising rates after the US central bank held its July benchmark rate steady, policymakers suggest[NEW YORK] Five years of high inflation is testing...