News

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...
Keppel enters South Korea’s data centre market with 60 MW greenfield project
[SINGAPORE] Keppel announced on Tuesday (Jun 9) that it has made its strategic entry into South Korea’s digital infrastructure sector through its private fund, Keppel Data Centre Fund III...
How banks are using SpaceX to woo the super rich
The IPO lets lenders nurture ties with wealthy clients and find new ones—which may matter even more[NEW YORK] On the 51st floor of JPMorgan’s gleaming New York City headquarters,...
Stocks to watch: Keppel, Starhill Global Reit, Ley Choon
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jun 9): Keppel : The company’s private fund, Keppel Data Centre Fund III...
New NCS chief bets deeper on government contracts, even as AI shrinks the workload
Sam Liew, two months into the job, has done an internal restructuring to re-organise and grow its talent[SINGAPORE] When Sam Liew took the helm as CEO of Singtel’s subsidiary...
S&P 500, Nasdaq rise as tech, chipmakers rebound
Published Tue, Jun 9, 2026 · 05:46 AM[NEW YORK] US stocks ended mostly higher on Monday (Jun 8), led by gains in the Nasdaq and chipmakers as investors sought...
UK sets out £1.1 billion AI hardware plan with supercomputer, chip funding
£120 million will be set aside to help British companies to design, develop and test novel chipsPublished Mon, Jun 8, 2026 · 10:15 PM[LONDON] Britain set out a new...
Apple investors look for AI to power next leg of gains
Apple shares have largely managed to defy gravity for much of the last two years despite the lack of an AI offeringPublished Mon, Jun 8, 2026 · 09:18 PMAPPLE...
Bitcoin steadies after US$60,000 breach as Saylor hints at buying
Published Mon, Jun 8, 2026 · 08:26 PMBITCOIN steadied itself after dropping below the key threshold of US$60,000, as Strategy chairman Michael Saylor hinted at further purchases of the...
Indonesia asks police to probe hundreds of firms on palm prices
Published Mon, Jun 8, 2026 · 07:21 PMINDONESIA’S agriculture minister has asked police to investigate hundreds of palm oil companies that failed to pay farmers more as prices recovered...
China car sales downturn extends into May as Volkswagen tests EV revamp
Published Mon, Jun 8, 2026 · 05:57 PM[BEIJING] China’s car sales fell 22.1 per cent in May, underscoring the persistent weakness in the market that prompted the China Passenger...
Eni and Petronas launch gas joint venture in South-east Asia
The new company will start from an initial production base of over 300,000 barrels of oil equivalent per dayPublished Mon, Jun 8, 2026 · 04:55 PM[MILAN] Italy’s Eni and...