News

Abbott to pay US$385 million in US settlement over contaminated infant formula allegations
Unsanitary conditions at firm’s Michigan plant include roof leaks and inadequate cleaning proceduresPublished Tue, Sep 15, 2026 · 09:42 AMABBOTT Laboratories, the maker of the popular infant formula Similac,...
US Justice Department says millions in Iran oil proceeds laundered on Binance
The forfeiture claim is the latest legal manoeuvre by US prosecutors involving IranPublished Tue, Sep 15, 2026 · 09:08 AMTHE US Justice Department is seeking forfeiture of US$61 million...
Gold holds ground as investors await Fed policy cues
Markets are betting Fed policymakers lift their benchmark rate to a 3.75% to 4% rangePublished Tue, Sep 15, 2026 · 08:35 AM — Updated Tue, Sep 15, 2026 ·...
US 10-Year Treasury yield breaches 5%, highest level in years
Surging crude prices have raised concern about inflationary pressures in the countdown to the US Fed decisionPublished Tue, Sep 15, 2026 · 08:04 AMTHE US 10-year Treasury yield surpassed...
Oil settles higher after Saudi strikes stoke supply worries
Published Tue, Sep 15, 2026 · 06:39 AM[NEW YORK] Oil prices settled about 1 per cent higher on Monday (Sep 14) as worries about energy supplies mounted following new strikes...
Democratic leaders panic and GOP divides as AI fears spread
WASHINGTON — President Trump on Monday forcefully rejected calls to slow the development of artificial intelligence, dismissing concerns about its risks as a “hoax” and warning the United States remains locked...
S&P 500, Nasdaq open lower as AI jitters hit Nvidia, chipmakers
Published Mon, Sep 14, 2026 · 09:47 PM[NEW YORK] The Nasdaq Composite and the S&P 500 indexes opened lower on Monday (Sep 14), weighed down by a selloff in...
Dollar rallies as oil prices jump and AI fears knock markets
Published Mon, Sep 14, 2026 · 08:48 PM[LONDON/SINGAPORE] The US dollar rose to a two-week high on Monday (Sep 14) as conflict in the Middle East pushed up oil...
Singapore stocks end higher on Monday amid mixed regional showing; STI up 0.4%
Yangzijiang Shipbuilding is the biggest gainer on the benchmark index, rising 2.6% to S$5.11Published Mon, Sep 14, 2026 · 07:06 PM[SINGAPORE] Singapore stocks ended higher on Monday (Sep 14)...
Grab to increase autonomous vehicle fleet to 50, eyes expansion beyond Punggol
It is also preparing to roll out on-demand, point-to-point autonomous rides in the estate[SINGAPORE] Grab will grow its autonomous vehicle fleet in Singapore to 50 vehicles over the next...
Fed’s Warsh poised to pull trigger and raise rates for the first time under his watch
Even as Trump continues to demand a cut, economists are expecting the central bank to increase rates by 25 basis pointsTHE recent flare-up in the Iran war has set...
CapitaLand Investment’s retrenchments: Mind the downsides of a profitable business laying off staff
No employer provides an iron rice bowl but there is value in a company being loyal to staff [SINGAPORE] Global real asset manager CapitaLand Investment (CLI) posted a robust set...