News

Seismic shift at Google: AI veterans depart in biggest reorganisation of AI efforts
Leadership changes may make it harder for Google to recruit top talent and compete with rivalsPublished Thu, Aug 6, 2026 · 09:31 AMALPHABET’s Google is losing some of its...
Meta AI model hacks another company during testing
Published Thu, Aug 6, 2026 · 08:49 AMMETA said on Wednesday that one of its AI models hacked another company during cybersecurity testing, after an error by its testing...
Tech trade may see bigger retail influence after July rout, JPMorgan says
Published Thu, Aug 6, 2026 · 08:22 AM[NEW YORK] The technology trade may be poised to become even more dependent on retail investors and more volatile after a rough...
Ozempic-maker Novo Nordisk underwhelms investors with soft Wegovy pill sales
Revenue for the popular weight loss drug disappoints at US$494 million – no better than analysts’ estimatesPublished Thu, Aug 6, 2026 · 08:00 AMNOVO Nordisk’s popular Wegovy weight loss...
Gold jumps most since February on Hormuz deal hopes, breaking key resistance level
Published Thu, Aug 6, 2026 · 07:36 AMGOLD jumped the most since February as prospects for a deal to reopen the Strait of Hormuz reduced expectations for US Federal...
DBS Q2 net profit rises 9% to record S$3.08 billion as wealth management fees surge
The earnings beat the S$2.88 billion consensus forecast in a Bloomberg survey of analysts as the bank declares a S$0.81 dividend per share[SINGAPORE] DBS’ net profit for its second...
European shares mark a fresh record close as earnings offset Middle East uncertainty
Published Thu, Aug 6, 2026 · 06:01 AMEUROPEAN shares closed at a fresh all-time high on Wednesday (Aug 5) as investors sifted through the latest batch of corporate earnings while...
Air India taps Ethiopian Airlines veteran as CEO
Published Wed, Aug 5, 2026 · 09:44 PM[NEW DELHI] Air India announced Tewolde Gebremariam will succeed Campbell Wilson as the chief executive officer amid the Tata Group-owned carrier’s struggles...
Centurion Accommodation Reit posts S$0.03499 H1 DPU, beats forecast by 9.6%
[SINGAPORE] Centurion Accommodation Reit (CAReit) reported a distribution per unit (DPU) of S$0.03499 for the half-year ended Jun 30, outperforming its forecast by 9.6 per cent.Gross revenue for the...
Keppel hits 2026 asset-sale target early with US$270 million Vietnam divestment
The deal brings its year-to-date monetisations to S$2.1 billion, within its full-year goal of between S$2 billion and S$3 billion[SINGAPORE] Keppel on Wednesday (Aug 5) said that it has...
Uber and Wayve win licences for supervised robotaxis in London
Published Wed, Aug 5, 2026 · 05:41 PM[LONDON] Uber Technologies and UK startup Wayve Technologies are preparing to launch their robotaxi service in London with a safety driver, getting...
Vietnam’s Techcombank seeks US$1 billion, joining rush for funds
The borrowing is split into US$600 million three-year and US$400 million four-year portions, sources sayPublished Wed, Aug 5, 2026 · 04:57 PM[HANOI] Vietnam Technological and Commercial JSB, known as...