News

Taiwan eyes curbs on AI chip sales to China to align with US
[HONG KONG/TAIPEI] Taiwan authorities are considering much stricter export controls on artificial intelligence chip sales to China to further align with US measures, according to sources familiar with the...
Oil climbs after fresh US strikes on Iran over helicopter attack
The latest round of hostilities risks prolonging the near-total closure of the critical Strait of HormuzPublished Wed, Jun 10, 2026 · 06:42 AM[SINGAPORE] Oil rebounded after the US military...
Singapore benefits from Middle East flight reroutings but only temporarily: IATA
[RIO DE JANEIRO] Changi Airport is a net beneficiary of the closure of Middle East airspace, given that Singapore Airlines (SIA) responded very quickly to provide additional capacity on...
Global offshore wind capacity set to grow to 420 GW by end of 2035, Gwec report says
Annual installations are expected to double this year and triple by 2031, it addsPublished Tue, Jun 9, 2026 · 08:46 PM[LONDON] Global offshore wind capacity is set to quadruple...
Emirates will not cut flights despite Middle East war pressures
He also rejected Lufthansa’s criticism that Gulf carriers enjoyed an unfair regulatory advantagePublished Tue, Jun 9, 2026 · 06:54 PM[BERLIN] Emirates president Tim Clark warned on Tuesday (Jun 9)...
Meta funds skilled trades jobs programme for AI data-centre buildout
Published Tue, Jun 9, 2026 · 04:55 PM[NEW YORK] Meta is investing US$115 million to stand up a new training programme for data-centre technician jobs, as the social media...
European shares steady; Middle East tensions in focus
Published Tue, Jun 9, 2026 · 04:32 PMEUROPEAN shares were steady at open as the developments in the Middle East stayed in focus, with oil prices easing after Iran...
Bombardier to grow Apac service hub in Singapore with S$100 million expansion 
A new facility in JTC’s Seletar Aerospace Park will double the Canadian aircraft manufacturer’s footprint here[SINGAPORE] Bombardier will boost its Asia-Pacific service centre in Singapore with a S$100 million...
CIMB says ‘good time’ to invest in battered Indonesia, seeks M&A
The Malaysian lender is looking at various assets that would complement its existing businessPublished Tue, Jun 9, 2026 · 02:34 PM[KUALA LUMPUR] CIMB Group Holdings, Malaysia’s second-biggest bank, says...
India’s Paytm plans 10% staff boost in AI pivot with some roles cut
The digital payments operator has been revamping its business after Indian regulators targeted its banking affiliate two years agoPublished Tue, Jun 9, 2026 · 02:19 PM[DELHI] Indian fintech pioneer...
SingPost unveils S$30 million sortation machines that will boost its parcels processing capacity
New systems will increase capacity to process small and medium-sized parcels from 100,000 to 300,000 per day[SINGAPORE] Singapore Post (SingPost) has unveiled its S$30 million automated parcel sortation facility...
SingPost unveils S$30 million sortation machines that treble its parcels processing capacity
New systems will boost the small and medium parcel processing capacity from 100,000 to 300,000 parcels per day[SINGAPORE] Singapore Post (SingPost) has unveiled its S$30 million automated parcel sortation...