News

Thailand power demand growth set for nine-year high on AI boom
Tech investment is boosting the country’s manufacturing but straining its power systemPublished Fri, Sep 18, 2026 · 11:23 AMTHAILAND expects electricity demand to grow at the fastest pace since...
Haji Isam swoops on Bayan to create an Indonesian coal giant
The deal would make the tycoon from Kalimantan one of the world’s top coal producersPublished Fri, Sep 18, 2026 · 10:30 AMINDONESIAN tycoon Andi Syamsuddin Arsyad agreed to acquire...
CPIB hauls Multi-Chem CEO, COO in for questioning; stock hits ‘circuit breaker’
Both executive directors have been asked to post bail, surrender passports and mobile phones[SINGAPORE] Mainboard-listed IT distribution company Multi-Chem announced on Thursday (Sep 17) that its CEO, chief operating...
Addvalue shareholders seek answers on spinoff of unit for Nasdaq listing
[SINGAPORE] Satellite communications provider Addvalue Technologies fielded shareholder questions over financial transparency and the involvement of strategic investors in the proposed spinoff and Nasdaq listing of its wholly owned...
Qantas ground workers to strike over pay and conditions next week
Workers will strike for a 24-hour period on Wednesday in Victoria state and Thursday in the rest of the country, the union saidPublished Fri, Sep 18, 2026 · 09:24...
UOBKH downgrades Singapore Airlines to ‘sell’ on jet fuel price surge
[SINGAPORE] UOB Kay Hian (UOBKH) has downgraded Singapore Airlines (SIA) to a “sell” after a re-escalation in Middle East tensions on Monday (Sep 14) sent jet fuel prices rising.Drone...
StarHub 5G upgrade may defend market share, but unlikely to reverse underlying earnings slump
Analysts warn that better connectivity may not be enough to persuade customers to pay a premium for mobile plans[SINGAPORE] StarHub’s latest network upgrade to 5G+ on Sep 1 should...
Oil falls 1% as investors watch Middle East supply disruptions 
Published Fri, Sep 18, 2026 · 06:12 AM[HOUSTON] Oil prices settled about 1 per cent lower on Thursday (Sep 17), but stayed above US$100 a barrel, as investors weighed the disruption...
AI crisis heightens the stakes of Xi’s visit to Washington
WASHINGTON — A growing sense of urgency over the risks posed by artificial intelligence is adding pressure on the Trump administration to secure a diplomatic breakthrough with China when President Xi...
Wall Street climbs as easing oil prices offer reprieve after Fed rate hike
Published Thu, Sep 17, 2026 · 10:52 PM[NEW YORK] The major US stock indexes jumped on Thursday (Sep 17) as a pullback in oil prices boosted sentiment, with the...
Big questions remain if the Fed’s rate increase is a one-off or the start of a longer hiking cycle
Chair Kevin Warsh hints that he will support further rate hikes until they become restrictive[WASHINGTON] The US Federal Reserve raised interest rates for the first time in three years...
Only 22% of Singapore-listed companies make physical climate risk disclosures in detail: MSCI
[SINGAPORE] Nearly all Singapore-listed companies now mention physical climate risk in their annual reporting, but only 22 per cent disclose in detail how it affects their business, an MSCI...