News
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...
‘Encouraging momentum’: Fund managers on Singapore’s S$6.5 billion equity push amid volatile markets
SGX says there is ‘strong support for the programme’s long‑term focus on market fundamentals’[SINGAPORE] Fund managers under the Monetary Authority of Singapore’s (MAS) S$6.5 billion Equity Market Development Programme...
Oil prices rise to one-week high as Iran reviews US proposal to halt war
Iran has effectively halted most non-Iranian shipping in and out of the Gulf since the war beganPublished Wed, Jun 3, 2026 · 06:18 AM[NEW YORK] Oil prices climbed about...
Aspiration co-founder sentenced to 14 years for fraud
The co-founder of Aspiration, Joseph Sanberg, was sentenced to 14 years in prison on Monday after defrauding investors and lenders of over $248 million.The startup, an eco-friendly digital banking...
European shares rise as STMicroelectronics lifts tech; inflation backs ECB hike bets
Published Wed, Jun 3, 2026 · 05:44 AM[BENGALURU] European shares rose on Tuesday (Jun 2), as a strong forecast from STMicroelectronics boosted technology stocks and investors assessed eurozone inflation...
Trump signs an executive order to vet top AI models for national security risks
WASHINGTON — President Trump signed an executive order Tuesday directing the federal government to establish a voluntary early review process for the country’s most advanced artificial intelligence models, following a months-long...
IEA sees possibility of critically low oil stockpiles ahead of peak summer demand
Around half of the initial 400-million-barrel coordinated release from March is yet to hit the marketPublished Tue, Jun 2, 2026 · 08:25 PM[LONDON] Global oil inventories could hit critical...
‘People are getting hurt’: OpenAI sued by Florida over alleged safety risks
Florida sued OpenAI and its chief executive, Sam Altman, on Monday, alleging that the San Francisco tech company failed to inform people about the dangers posed by its popular...
Silicon Valley’s humanoid robots are learning how to do your job — in the kitchen
Fernando Flores can spend eight hours a day pouring the same cup of coffee. He is not a barista. He’s a robot puppeteer, trying to train humanoids.He manipulates mechanical...
AGT raises Nam Cheong stake; Silchester increases holdings of ComfortDelGro
[SINGAPORE] Over the five trading sessions from May 22 to 28, 22 primary-listed companies conducted buybacks with a total consideration of S$88.9 million. Singtel again led the buyback tally,...
