News

World’s top rare-earth magnet maker gives Xi leverage over US
In 2024, China accounted for about 94% of global rare earth permanent magnet manufacturingBAOTOU, an industrial city near the Gobi Desert, is the Silicon Valley of rare earths. Off...
Oil rises slightly ahead of potential US-Iran talks
Saudi Aramco has increased exports through the Strait of Hormuz after attacks on its East-West PipelinePublished Tue, Sep 22, 2026 · 06:03 AM — Updated Tue, Sep 22, 2026...
Oil price dips to US$100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
Published Tue, Sep 22, 2026 · 06:03 AM[NEW YORK] Oil prices eased on Monday (Sep 21) to their lowest level in 12 days, as investors hoped for diplomatic progress on...
‘Not done’: Keppel CEO Loh Chin Hua transformed the group, but says there’s ‘still a lot to do’
One of Loh’s most consequential decisions was also the most emotionally difficult: selling the offshore and marine business where Keppel itself was born.[SINGAPORE] KEPPEL chief executive Loh Chin Hua...
Newsom signs bills to regulate data center industry, criticizes Trump for inaction
SACRAMENTO — California’s growing data center industry will have more oversight after Gov. Gavin Newsom signed seven bills to regulate the industry’s electricity costs and track water consumption.The new laws come...
32 companies, 6 individuals bag accolades at Singapore Corporate Awards 2026
Keppel’s Loh Chin Hua, Samudera Shipping Line’s Bani Mulia and Huationg Global Limited’s Patrick Ng win Best CEO awards[SINGAPORE] Top companies were honoured at the Singapore Corporate Awards (SCA)...
EU to require data centres to disclose energy and water efficiency
The European Commission has proposed a rating scheme for facilities to make information more transparentPublished Mon, Sep 21, 2026 · 08:26 PM[BRUSSELS] The European Commission proposed rules on Monday...
South-east Asia uniquely positioned to capitalise on AI boom: China-Asean panel 
A young population, expanding infrastructure and neutral positioning positions Asean for its next leap in artificial intelligence[SINGAPORE] South-east Asia is uniquely positioned, geopolitically and demographically, to benefit from the...
Why some musicians aren’t happy about labels signing AI deals with platforms
Two years ago, the biggest record labels took artificial intelligence music generators to court for copyright infringement. Now several of them are licensing their catalogs to those same companies,...
Asean public markets need better investability, access to attract Chinese investments: panellists
The bloc is financially diverse, with different currencies, regulations, infrastructure and stages of development[SINGAPORE] Asean public markets need to boost investability and improve access for foreign investors in order...
Jane Street’s US$15 billion loss prompts Fed, BoE scrutiny of banks’ trading-firm exposure: FT
Published Mon, Sep 21, 2026 · 01:59 PMTHE Bank of England and the US Federal Reserve are asking global banks about their exposures to large trading firms after turmoil...
SocGen hikes profitability target in new strategic plan 
It is aiming for a cost-to-income ratio of below 55% by 2029, against a current target of 60%Published Mon, Sep 21, 2026 · 01:03 PM[LONDON] Societe Generale lifted a...