News
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...
South Korea unveils measures to stem won slide, curb speculation
These include tighter scrutiny of offshore currency derivatives and probes into potentially illegal FX transactionsPublished Sun, Jun 7, 2026 · 06:35 PM[SEOUL] South Korea laid out a series of...
SIA Engineering, France’s Safran in US$118 million JV for aircraft engine maintenance in Singapore
The two will establish a full-fledged shop for maintenance of CFM Leap aircraft engines[SINGAPORE] SIA Engineering Company (SIAEC) has partnered French aerospace giant Safran Aircraft Engines in a US$118...
With new S$10 million HQ, Jumbo Group looks to Shanghai-focused China strategy, premium dining for growth
Group CEO Ang Kiam Meng is confident that the group’s bottom line will improve in FY2027 as its investments begin to bear fruit[SINGAPORE] Catalist-listed seafood restaurant group Jumbo is...
OpenAI plans ChatGPT ‘superapp’ overhaul ahead of listing, reports FT
Overhaul will give greater prominence and resources to OpenAI’s coding product Codex and is set to roll out in the coming weeksPublished Sun, Jun 7, 2026 · 03:19 PMOPENAI...
Airline chiefs grapple with Iran war fuel shock, fare test at annual Iata summit
Fuel price volatility and inflation sit at the top of the industry’s risk agenda, found a recent surveyPublished Sun, Jun 7, 2026 · 01:01 PM[RIO DE JANEIRO] Global airline...
AI rules in South-east Asia: risks, fines and everything else you need to know
Making the effort to know the difference between what is voluntary and mandatory is key for any CTO or product leadIF YOU build or deploy AI in South-east Asia,...
California falls behind Texas in Fortune 500 ranking
Texas has dethroned California as the state with the most Fortune 500 companies. The Fortune 500 list ranks the largest U.S. companies by revenue. This year, 57 of the...
US: Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears
Rising interest rates and the Iran war weigh on sentiment heading into the weekendPublished Sat, Jun 6, 2026 · 07:59 AM[NEW YORK] Wall Street’s nine-week winning streak ended with...
Chinese, HK investors banned from SpaceX IPO on security grounds: sources
The decision is driven by internal guidance related to US International Traffic in Arms RegulationsPublished Fri, Jun 5, 2026 · 06:41 PM[HONG KONG/NEW YORK] Underwriters on SpaceX’s US$75 billion...
Singtel gets funding boost from government to strengthen AI push, create high-value roles
Telco will partner Digital Industry Singapore in a move that can help the Republic strengthen its artificial-intelligence sovereign capabilities[SINGAPORE] Singtel will partner Digital Industry Singapore (DISG) to strengthen its...
