News

Europe’s Stoxx 600 hits two-week low on Middle East escalation, AI jitters
Published Mon, Jun 8, 2026 · 04:05 PMEUROPE’S Stoxx 600 share index slid to a two-week low on Monday (June 8), weighed by escalating tensions in the Middle East...
South Korea names first female PM in decades to lead AI push
She would become the first woman to hold the post since former PM Han Myeong Sook in 2006Published Mon, Jun 8, 2026 · 02:43 PMSOUTH Korean President Lee Jae...
Singapore well-placed to be Asean’s gold-trading hub as regional duties rise: analysts
Creating enough market depth and building the necessary infrastructure is thus a priority, they add [SINGAPORE] Singapore is in a prime position to establish itself as South-east Asia’s neutral clearing...
China’s global e-commerce push stalls as Iran war lifts costs, dampens demand
Soaring logistics costs stemming from the Middle East conflict are adding to the strain, data shows and industry insiders sayPublished Mon, Jun 8, 2026 · 12:56 PM[BEIJING/LONDON] China’s e-commerce...
Sell-off in tech stocks is a buying opportunity, Nvidia CEO says
Published Mon, Jun 8, 2026 · 11:42 AM[SEOUL] Nvidia chief executive officer Jensen Huang called a global tech stocks sell-off that began last week a buying opportunity, saying the...
Gold extends losses on US interest rate-hike fears
Published Mon, Jun 8, 2026 · 10:11 AM[BENGALURU] Gold edged lower on Monday (Jun 8), extending losses from the previous session on US rate-hike concerns, while renewed hostilities in...
Tech rout sweeps Asia as AI rally jitters spark sell-off
[SINGAPORE] A rotation out of technology stocks swept through Asian markets on Monday (Jun 8), as investors grew concerned that the artificial intelligence-driven rally may have run ahead of...
Lum Chang Creations says still evaluating mainboard transfer due to ‘market volatility’
LCC says that it will also hold off on the listing and quotation of the bonus shares[SINGAPORE] Catalist-listed Lum Chang Creations (LCC) on Monday (Jun 8), said that it...
AI-linked layoffs in US spark new wave of one-person start-ups
[PHILADELPHIA] On the day Meta began implementing its plan to lay off a tenth of its workforce, a one-time employee, Qu Xiaoyin, saw her chance.“We rented an LED truck...
DBS Research and UOBKH eye Singtel, Venture as top picks for June
Singtel’s 18% drop from a March peak is an ‘opportunity to add’, while Venture’s revenue may be boosted by AI[SINGAPORE] DBS Group Research added telecom giant Singtel to its...
Banks lay groundwork for mass workforce cuts as AI takes hold
Following recent comments by CEOs, industry workers have been left dazed about whether their jobs are safe[LONDON] In the the hope he’ll land a job in finance, Andre Bonnick...
Trump says Fed rate increase would be wrong, again calls for cut
Published Sun, Jun 7, 2026 · 11:34 PM[WASHINGTON] President Donald Trump said Federal Reserve policymakers would be wrong to raise interest rates after a blowout US jobs report, while...