News
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...
S&P closes at record high as soft jobs report eases rate-hike concerns
Nonfarm payrolls drop by 23,000 jobs in July, below estimates, US Labour Department saysPublished Sat, Aug 8, 2026 · 08:40 AM[NEW YORK] US stocks advanced on Friday (Aug 7),...
Brent climbs US$1 on uncertainty over end to Iran war
Published Sat, Aug 8, 2026 · 08:06 AM[HOUSTON] Brent crude oil climbed more than US$1 a barrel on Friday (Aug 7) over ongoing uncertainty about the negotiations in progress...
China’s Beijing further relaxes home-buying curbs in property boost bid
Published Fri, Aug 7, 2026 · 10:46 PM[BEIJING] Beijing’s municipal authorities announced on Friday (Aug 7) further measures to relax home-buying curbs as they try to prop up flailing...
Tan Kim Choo, wife of Ng Teng Fong, dies at 100
She owned half the issued share capital of Far East Organization Pte Ltd and retained a board seat after Ng’s 2010 death[SINGAPORE] Tan Kim Choo, the wife of property...
Singapore stocks end higher, led by Yangzijiang Shipbuilding; STI up 1.1%
The shipbuilder is also the most actively traded stock on the benchmark index, with 53.2 million shares changing handsPublished Fri, Aug 7, 2026 · 07:00 PM[SINGAPORE] Singapore stocks ended...
F&N nine-month net profit up 10.4% at S$130.6 million despite revenue drag
Income for the nine months falls 6% to S$1.7 billion due to forex headwinds and geopolitical disruptions[SINGAPORE] Food and beverage company Fraser and Neave (F&N) reported a 10.4 per...
‘Pervert glasses’: Backlash against Meta’s smart glasses grows
Meta wants its smart glasses to be a big hit, but the high-tech specs have also turned into a liability, as some are calling the gadget “pervert glasses.”The social...
Deutsche Bank, KBC freeze some Radiant World funds in Singapore
This comes amid concerns that Radiant World provided banks with falsified documents about iron ore tradesPublished Fri, Aug 7, 2026 · 05:17 PM[SINGAPORE] Radiant World is under growing pressure...
Volkswagen must cut costs faster to change, chairman says
Published Fri, Aug 7, 2026 · 04:23 PMVOLKSWAGEN’S majority owner urged Europe’s biggest carmaker to move quickly on cutting costs and excess capacity to return to competitiveness.Volkswagen should consider...
