News

Glencore faces US$2 billion lawsuit as it alleges Radiant World fraud
Published Wed, Sep 16, 2026 · 06:18 AMGLENCORE accused Radiant World and associated companies of sending falsified invoices to lenders — just as a senior executive at the group of traders...
US stocks: Wall Street ends lower as oil spikes and the benchmark Treasury yield breaches 5%
Published Wed, Sep 16, 2026 · 05:44 AM[NEW YORK] Wall Street extended its selloff on Tuesday (Sep 15), as rising US Treasury yields, mounting debt concerns and soaring crude...
Metrocon closes at S$0.235, 17.5% above placement price on SGX Catalist debut 
The Singapore geotechnical engineering company completed a reverse takeover of Catalist-listed Hatten Land earlier this year[SINGAPORE] Shares of Metrocon Holdings Limited (Metrocon) closed trading on Tuesday (Sep 15) at...
Dollar ticks up as oil prices climb, Fed rate hike chances firm
Published Tue, Sep 15, 2026 · 08:26 PM[LONDON] The euro was pinned at a one-month low against a broadly strengthening US dollar on Tuesday (Sep 15), as surging oil...
Grab to acquire majority stake in BNPL platform Atome for US$1.5 billion
[SINGAPORE] Grab announced on Tuesday (Sep 15) that it will acquire a 60 per cent stake in Atome Financial from Advance Intelligence Group for US$1.5 billion in cash.The buy-now-pay-later...
EGP Energy subsidiary, Malaysia-listed UUE Holdings unit form JV with initial paid-up capital of RM1 million
[SINGAPORE] EGP Infrastructure Investments (EGPII) – an indirect wholly owned subsidiary of EGP Energy – has entered into a joint venture agreement with a wholly owned subsidiary of Malaysia-listed...
Singapore, Asia markets fall on Tuesday amid calls for AI slowdown; STI down 1.4%
Published Tue, Sep 15, 2026 · 06:35 PM[SINGAPORE] Singapore and Asia markets ended lower on Tuesday (Sep 15), after top executives in US artificial intelligence companies and leading chipmakers...
Singtel, StarHub internet connections disrupted for some due to fibre service outage, say telcos
[SINGAPORE] SingTel and StarHub subscribers may be experiencing disruptions to their internet connections due to a fibre service outage, the two telcos said in separate social media posts on...
Vietnam considering first sovereign US dollar bond sale since 2014: sources
Such a move would relieve pressure on banks which have so far been the main source of lending for domestic investmentPublished Tue, Sep 15, 2026 · 03:12 PM[HANOI] Vietnam’s...
Portfolio reviews, client meeting prep: Anthropic launches Claude tool for financial advisers
Rival OpenAI already has a version of ChatGPT that targets investment bankers and equity researchersPublished Tue, Sep 15, 2026 · 01:32 PMARTIFICIAL intelligence lab Anthropic on Monday (Sep 14)...
Airbus sees no softening in demand despite geopolitical headwinds
Published Tue, Sep 15, 2026 · 12:52 PM[HONG KONG] Airbus has not seen any softening in aircraft demand or deliveries due to geopolitical or supply chain headwinds, its Asia-Pacific...
Oil tankers earn US$1 million a day as Iran war leaves ship shortage
Supersized earnings come as Iran and Ukraine wars mean the world is not making enough fuel to meet demandPublished Tue, Sep 15, 2026 · 10:34 AM[LONDON] The cost of...