News

US stocks: Wall Street ends higher on cool inflation data, strong earnings
Published Thu, Jul 16, 2026 · 05:55 AM[NEW YORK] Wall Street stocks gained ground on Wednesday (Jul 15) as softening inflation data and a robust beginning of second-quarter earnings season put...
Apple gets approval for iPhone AI in China with Alibaba, Baidu
The approval gives it a boost in the world’s most competitive smartphone marketPublished Wed, Jul 15, 2026 · 10:54 PM[BEIJING] Apple on Wednesday (Jul 15) received long-awaited government approval...
Wall St opens higher as investors weigh earnings
Published Wed, Jul 15, 2026 · 09:58 PM[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Jul 15), as investors weighed softer-than-expected producer inflation data and a flurry...
Dollar steadies as Middle East escalation counters soft US inflation
Published Wed, Jul 15, 2026 · 09:06 PM[LONDON] The dollar was steady on Wednesday (Jul 15) as investors balanced renewed US strikes on Iran against softer-than-expected inflation data that...
ComfortDelGro appoints Yap Chee Khean to newly created group COO role
[SINGAPORE] Transport giant ComfortDelGro on Wednesday (Jul 15) said it has appointed Yap Chee Khean as its first group chief operating officer (COO).This is a newly created role, as...
China turns to electric taxis to soften Hormuz oil shock
Taxi usage and ridesharing are booming across Chinese cities, with trips up 6% since the Iran warPublished Wed, Jul 15, 2026 · 02:48 PM[BEIJING] China has an increasingly important...
Ng Chee Khern to succeed Edmund Cheng as CAAS chairman from Aug 1
Ng is currently director and chief executive officer of Iseas-Yusof Ishak Institute[SINGAPORE] The Civil Aviation Authority of Singapore (CAAS) will see a leadership transition next month, with current deputy...
Malaysia says higher energy prices will support subsidy spending
The government said it could spend up to RM40 billion (US$9.83 billion) on fuel subsidies this yearPublished Wed, Jul 15, 2026 · 12:46 PM[KUALA LUMPUR] Malaysia said on Wednesday...
DeepSeek prepares for IPO filing as soon as 2027, targets US$71 billion valuation: FT
The startup begins talks with potential backers for a fresh funding round after closing a US$7 billion round of financingPublished Wed, Jul 15, 2026 · 11:57 AM[BEIJING] Chinese artificial...
Asian stocks rise after soft US CPI, Kospi rallies over 6% on SK Hynix wins
MSCI’s Asia Pacific equities gauge climbs 1.2% as shares also rose in Japan and AustraliaPublished Wed, Jul 15, 2026 · 10:37 AMASIAN shares rose on Wednesday (Jul 15) as...
Kuroda’s negative rate surprise shocked his own BOJ board, minutes show
Dissenters were concerned over Kuroda’s proposal to charge 0.1% interest on a portion of financial institutions’ deposits at the BOJPublished Wed, Jul 15, 2026 · 09:28 AM[TOKYO] The Bank...
UK plans default midnight social media curfew for 16- and 17-year-olds
Published Wed, Jul 15, 2026 · 08:54 AM[LONDON] Britain will introduce a default overnight curfew on  social media apps for 16- and 17-year-olds, the government said, adding new restrictions for older...