News

DBS favours Chinese banks; flags HSBC as long-term buy
The brokerage sees recent weakness in the bank’s Hong Kong-listed shares as an attractive buying opportunity[SINGAPORE] Chinese banks are expected to outperform their global peers in the current high-interest-rate...
Meta boosts bet on AI with spending outlook, new stock class; Q3 results beat estimates
It says the non-voting shares will ensure Zuckerberg continues to lead the firm ‘into the next era’Published Thu, Oct 22, 2026 · 06:28 AM[SAN FRANCISCO] Meta Platforms boosted its...
European shares edge higher as strong earnings offset French unrest worries
Stocks in Europe slip around 1% after weekend riots in the eurozone’s second largest economyPublished Thu, Oct 22, 2026 · 06:00 AM[BENGALURU] European shares edged higher on Wednesday (Oct...
Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment
Published Thu, Oct 22, 2026 · 05:50 AM[NEW YORK] The tech-heavy Nasdaq led Wall Street to a higher close on Wednesday (Oct 21) after quarterly results from SpaceX and...
OUE Reit’s Q3 NPI rises 4.6% to S$59.6 million on hospitality strength
Revenue grows 3.1% as lower finance costs and hotel performance offset weaker commercial contributionsOUE Real Estate Investment Trust (Reit) posted a 4.6 per cent year-on-year increase in net property...
Ambani’s Jio seeks India’s biggest US$108 billion IPO: Will investors bite?
The listing comes at a time of foreign portfolio investors steadily withdrawing money from local equities[BENGALURU] Jio Platforms, which has transformed how millions of Indians connect to the Internet,...
Ambani’s Jio seeks India’s biggest IPO at a US$108 billion valuation. Will investors bite?
The listing comes as foreign portfolio investors steadily withdraw money from local equities[BENGALURU] Jio Platforms, which has transformed how millions of Indians connect to the Internet, is preparing for...
Ambani‘s Jio IPO oversubscribed within hours in record Indian sale
Published Wed, Oct 21, 2026 · 02:27 PM — Updated Wed, Oct 21, 2026 · 08:37 PM[MUMBAI] Jio Platforms’ US$3.2 billion IPO drew bids for more than double the...
Why would Musk merge SpaceX and Tesla?
A combined firm may allocate capital more efficiently but could broaden risk exposure for investorsPublished Wed, Oct 21, 2026 · 01:14 PM[LOS ANGELES] Elon Musk believes a merger between...
DBS PayLah! rolls out QR payments in Taiwan
This adds to the lender’s coverage in markets including Indonesia, Malaysia, Thailand and China[SINGAPORE] Local travellers visiting Taiwan can now use DBS PayLah! to pay for purchases at over...
South Korea, Japan shares rise; Asian stocks climb as strong earnings buoy Wall Street
MSCI’s broadest index of Asia-Pacific shares outside Japan is up 1.5% after last week’s sell-offPublished Wed, Oct 21, 2026 · 10:42 AM[SINGAPORE] Asian stocks rose and bonds stabilised at...
Gold slips as investors await Fed rate signals
The central bank will skip rate hikes for October, say economists polled by ReutersPublished Wed, Oct 21, 2026 · 09:33 AM[BENGALURU] Gold slipped on Wednesday (Oct 21) as investors...