News

Alphabet returns to bond market despite AI spending worries
It is offering notes in as many as 10 parts, with maturities ranging from two to 40 years, sources sayPublished Thu, Aug 6, 2026 · 08:33 PMALPHABET has started...
US dollar ticks up as markets await Iran deal news, look towards payrolls
Published Thu, Aug 6, 2026 · 07:57 PM[LONDON] Currency markets drifted on Thursday (Aug 6) with the Japanese yen retracing some intervention-led gains and the US dollar edging away...
Singapore stocks rise on blue-chip gains; STI up 1%
Across the broader market, gainers trail losers 239 to 338, with 896.7 million securities worth S$2.1 billion traded[SINGAPORE] Singapore stocks ended higher on Thursday (Aug 6).The benchmark Straits Times...
Honda outsources new vehicle programme to India’s Tata Technologies to cut costs
Published Thu, Aug 6, 2026 · 05:47 PMHONDA Motor has outsourced development of a new vehicle programme to Tata Technologies, people familiar with the matter said.This is the first...
Nintendo tops estimates with US tariff refunds and Switch 2 games
Sales of Switch 2 software over the period were led by Tomodachi Life: Living the Dream and Pokemon PokopiaPublished Thu, Aug 6, 2026 · 03:22 PM — Updated Thu,...
OpenAI asks judge to toss Apple suit alleging trade secret theft
Lawyers for the ChatGPT maker say the suit falsely portrays the actions of its employeesPublished Thu, Aug 6, 2026 · 02:56 PM[SAN FRANCISCO] OpenAI is asking a federal judge...
PSA’s automated Tuas Port hits 25 million TEUs amid US$90 billion capacity race
The facility currently operates 14 berths and remains on schedule to expand to 18 by 2027[SINGAPORE] PSA Singapore’s Tuas Port has handled 25 million twenty-foot equivalent units (TEUs) since...
Sinopec steps up Russian oil imports to offset Mideast supply cuts, traders and tracker say
The purchases help the firm maintain relatively stable throughput and ship surplus fuel on strong export marginsPublished Thu, Aug 6, 2026 · 12:57 PM[SINGAPORE] China’s state-owned Sinopec, the world’s...
Prudential, AIA and other HK insurers’ shares slump on report China to tax offshore insurance income
The tax news sparked fears that sales of insurance policies and ​other financial products could slowPublished Thu, Aug 6, 2026 · 12:24 PM — Updated Thu, Aug 6, 2026...
US Fed’s Daly says central bank was right to hold rates steady at July policy meeting
She said there are “good reasons” to believe that supply-driven shocks that have hit the US economy will not have a lasting impact on inflationPublished Thu, Aug 6, 2026...
Bain Capital to buy bubble tea chain Gong Cha amid F&B investment push
The sale may fetch up to US$2 billion, a May report indicates, though the US private equity firm did not disclose valuesPublished Thu, Aug 6, 2026 · 10:52 AM[BENGALURU]...
Sandisk forecasts upbeat quarterly revenue on AI-driven demand
The company forecast first-quarter revenue between US$10.30 billion and US$10.80 billionPublished Thu, Aug 6, 2026 · 09:53 AMSANDISK forecast quarterly revenue above estimates on Wednesday (Aug 5), banking on...