News
US tech stocks’ market dominance presents new risks as it reaches new heights
The sector’s share of the S&P 500 is well above dotcom bubble-era levels; investors are wary of an AI trip-upPublished Thu, Jun 4, 2026 · 06:00 AM[NEW YORK] The...
European stocks fall as private market stress, Middle East tensions dent sentiment
The European Central Bank is set to raise interest rates by 25 basis points next weekPublished Thu, Jun 4, 2026 · 05:29 AM[BENGALURU] European shares slipped on Wednesday (Jun...
Nissan inks deal to make cars by Chery at its UK plant
The factory in Sunderland could start producing the Chinese brand’s vehicles as soon as 2027Published Wed, Jun 3, 2026 · 11:42 PMNISSAN Motor is exploring sharing its factory in...
Tiger Brokers to suspend investors in mainland China from adding new positions
However, they can buy or sell securities from existing accounts when they travel offshorePublished Wed, Jun 3, 2026 · 06:55 PM[HONG KONG] Tiger Brokers will bar China-based investors from...
Rupiah hits new low, breaches 14,000 threshold against Singdollar
[SINGAPORE] The Indonesian rupiah fell past a historic threshold against the Singapore dollar on Wednesday (Jun 3), breaching the SGD/IDR 14,000 mark for the first time as escalating oil...
Value of Huntington Beach defense tech startup balloons to $1.8 billion
California defense tech startup Mach Industries said Tuesday it raised $300 million, nearly quadrupling the company’s valuation to $1.8 billion within a year. The Huntington Beach startup’s soaring valuation...
Non-US dollar stablecoins can thrive where financial inefficiencies remain, including in Asean: StanChart
The bank’s digital assets executives back faster settlement across remittance corridors as a main use case[SINGAPORE] Despite the greenback’s dominance of the global stablecoin market, the use of local...
Meta scales back plan for internal mouse-tracking tech, citing staff concerns
New controls allow employees to pause data collection for up to 30 minutes or request exemptions from the initiativePublished Wed, Jun 3, 2026 · 03:31 PM[CALIFORNIA] Meta is dialling...
Global funds buy Japan as they flee Asia’s hottest stock markets
Expectations for stronger corporate governance reforms have also been a driver of foreign inflows into the countryPublished Wed, Jun 3, 2026 · 02:13 PM[HONG KONG] The global AI trade...
US deficits, not de-dollarisation, reshaping bond markets: Franklin Templeton
Issues such as persistent fiscal spending are likely to keep yields elevated, says firm’s fixed-income CIO[SINGAPORE] Fears of global de-dollarisation are vastly overblown, with persistent US fiscal deficits and...
Gold rises on softer US dollar, oil as markets weigh US-Iran peace optimism
Easing of the US dollar made greenback-priced bullion more affordable for holders of other currenciesPublished Wed, Jun 3, 2026 · 10:45 AM — Updated Thu, Jun 4, 2026 ·...
Nvidia’s PC push carries downside risk for AEM, but DBS maintains ‘buy’ with S$11.80 target
AEM’s broader AI exposure, including data-centre GPU, should be less directly affected[SINGAPORE] Nvidia’s expansion into the personal computer (PC) market has introduced “a new watchpoint” for Singapore-listed semiconductor chip...