News

Wall St opens higher ahead of much-anticipated Fed decision
Published Wed, Sep 16, 2026 · 09:59 PM[NEW YORK] The major US stock indexes opened higher following a two-day slide, as lower oil prices offered some relief during a...
Almost £20,000 wiped off London properties, official data show
Published Wed, Sep 16, 2026 · 08:37 PM[LONDON] London house prices tumbled at their fastest annual pace in two and a half years, with almost £20,000 (US$26,940) wiped off...
Singapore shares fall as local banks end mixed; STI down 0.1%
Published Wed, Sep 16, 2026 · 06:40 PM[SINGAPORE] Singapore stocks ended lower on Wednesday (Sep 16). The benchmark Straits Times Index (STI) lost 0.1 per cent or 3.23 points...
Former Cathay cinema operator mm2 Asia, subsidiary owe S$213,000 in CPF arrears
A representative says there is ‘no money’ when pressed on the firm’s ability to make further payments[SINGAPORE] Mainboard-listed entertainment company mm2 Asia and its wholly owned subsidiary mm2 Entertainment owe the Central Provident...
China’s slower loan growth is the new normal, says central bank governor
His comments come after data shows new loans rebounded in August from July’s record contraction, but still missed forecastsPublished Wed, Sep 16, 2026 · 02:05 PM[BEIJING] China’s slower loan...
UOBKH cuts STI target, downgrades banks on prolonged Middle East conflict
Raised risks around oil supply could trigger bouts of volatility, says the brokerage[SINGAPORE] Fresh escalation in the Middle East conflict over the weekend has prompted UOB Kay Hian (UOBKH)...
Shrinking China fuel stockpiles raise chance of export curbs
Published Wed, Sep 16, 2026 · 12:01 PMCHINA’S petrol and diesel inventories are plunging as refiners grapple with a tightening domestic market, raising the chance the government may move...
South Korea’s SK Hynix union approves tentative wage deal with management
This raises share of profit-sharing bonuses paid in cash to 50%, up from 40% set in an earlier dealPublished Wed, Sep 16, 2026 · 11:05 AM — Updated Wed,...
South Korea’s SK Hynix union approves tentative wage deal with management, source says
This raises share of profit-sharing bonuses paid in cash to 50%, up from 40% set in an earlier dealPublished Wed, Sep 16, 2026 · 11:05 AM[SEOUL] Chipmaker SK Hynix’s...
Why US$100 oil, 5% US yields affect SGD, ringgit differently vs other Asean currencies
High energy prices, elevated borrowing costs are causing a divide in regional currencies, say analysts[SINGAPORE] Global financial markets are confronting a dual shock: crude oil prices soaring past US$100...
Crypto’s push Into Wall Street suffers setback after bill fails
Published Wed, Sep 16, 2026 · 09:00 AMCRYPTOCURRENCY’S long march into mainstream finance took a step backward on Tuesday (Sep 15) when the US Senate failed to advance the...
OpenAI mulls funding round at US$1.2 trillion valuation ahead of IPO, FT reports
Published Wed, Sep 16, 2026 · 07:56 AMOPENAI has recently held discussions with large investors about a fresh capital raise that would increase the ChatGPT maker’s valuation to about...