News

S&P 500 hits record high on strong AI-linked earnings, Middle East deal hopes 
Recent gains have been driven by strong earnings from artificial intelligence heavyweightsPublished Tue, Aug 4, 2026 · 09:52 PM[BENGALURU] Wall Street’s benchmark S&P 500 hit an intraday record high...
Yen slips but holds intervention gains; traders alert to more action
Published Tue, Aug 4, 2026 · 08:20 PM[SINGAPORE/LONDON] The yen slipped on Tuesday (Aug 4) but held on to most of its intervention-driven gains, after last week’s joint action...
Singapore stocks end flat amid mixed regional showing
Published Tue, Aug 4, 2026 · 07:13 PM[SINGAPORE] Singapore stocks ended flat on Tuesday (Aug 4), with the benchmark Straits Times Index (STI) nudging down 0.03 point to 5,612.25....
Ho Bee Land acquires US$34.1 million Western Australia residential site in JV
The company holds an effective interest of about 48.6% in the joint venture with Australia’s Satterley Property Group[SINGAPORE] Ho Bee Land has acquired a residential development site in Western...
China is getting more anxious about Mythos ahead of Trump-Xi meeting
Officials in Beijing are concerned about the cyber capabilities of AI frontier models made by US companiesCHINA is growing anxious that Anthropic’s Mythos could be wielded against the world’s...
Nvidia will soon face a chip limit, warns Huawei’s top scientist
It will eventually be impossible to continually shrink and make integrated circuits more dense, says Liao HengPublished Tue, Aug 4, 2026 · 04:05 PMHUAWEI Technologies’ top semiconductor scientist warned...
SoftBank’s OpenAI funding plans to face reckoning at Q1 earnings
The finances of AI firms face heightened scrutiny as financing needs and the use of debt growPublished Tue, Aug 4, 2026 · 03:02 PM[TOKYO] Technology investor SoftBank Group reports...
Vietnam preparing US$8.4 billion lending package for SMEs, priority projects to boost growth
Central bank official says key policy rates have been left unchanged this year to ensure banks have access to low-cost fundingPublished Tue, Aug 4, 2026 · 02:14 PM[HANOI] Vietnam’s...
Shein seeks US$30-$40 billion valuation for August Hong Kong IPO: sources
Published Tue, Aug 4, 2026 · 12:36 PM — Updated Tue, Aug 4, 2026 · 01:09 PM[LONDON/HONG KONG] Shein is seeking a valuation of US$30 billion to US$40 billion...
Analysts upbeat on ‘New Keppel’ core operations despite group’s net profit plunge
[SINGAPORE] Analysts remained largely upbeat about Keppel’s core operations, despite a drop in the global asset manager and operator’s first-half net profit.The group reported a 59 per cent year-on-year...
Another bot from a top AI company escapes and hacks multiple firms
Another leading artificial intelligence company unveiled details of its cutting-edge bot apparently going rogue. On Thursday, Anthropic said an internal investigation found that its Claude AI models gained unauthorized...
DBS COO’s most important tip for AI transformation: Lead with ‘why’
In executing the bank’s artificial intelligence strategy, Derrick Goh sees his role as a ‘midfielder’The strategies and stories that shape today’s leaders[SINGAPORE] Derrick Goh, DBS’ first-ever group chief operating...