News
SK Hynix’s record profit misses forecasts despite robust AI chip demand; shares slump 10%
Published Wed, Jul 29, 2026 · 08:01 AM — Updated Wed, Jul 29, 2026 · 12:05 PM[SEOUL] South Korean chipmaker SK Hynix reported bumper quarterly results on Wednesday (Jul...
OpenAI’s rogue agent compromised a customer at a second tech firm, executive says
Published Wed, Jul 29, 2026 · 07:10 AM[WASHINGTON] The rogue agent that escaped from OpenAI and went on a days-long hacking spree at the AI firm Hugging Face also...
Oil prices fall 5% to two-week low after several days without US-Iran strikes
Published Wed, Jul 29, 2026 · 06:05 AMOIL prices dropped about 5 per cent on Tuesday to a two-week low, on cautious hopes that the pause in fighting between...
Oil jumps above US$90 as Trump says US plans to strike Iran again
Crude’s sharp rally on Wednesday comes in the middle of a highly volatile monthPublished Wed, Jul 29, 2026 · 06:05 AM — Updated Wed, Jul 29, 2026 · 10:05...
ST Engineering unit bags S$840 million contract for Taiwanese rail line
The project is expected to start in Q4 this year and will be delivered over eight years[SINGAPORE] The urban solutions business of ST Engineering has secured an S$840 million...
Nasdaq opens lower as AI worries mount ahead of pivotal earnings
Published Tue, Jul 28, 2026 · 09:44 PM[NEW YORK] The Nasdaq opened lower on Tuesday (Jul 28), mirroring a cautious mood across global markets toward AI chip stocks on...
Dollar firms to one-month high as markets mull Fed hike odds
Markets are pricing a nearly 40% chance of a 25-basis-point rate increase on WednesdayPublished Tue, Jul 28, 2026 · 08:55 PM[LONDON] The US dollar steadied near a four-week high...
GSK launches US$2.5 billion savings drive to boost drug pipeline
Published Tue, Jul 28, 2026 · 07:42 PM[LONDON] GSK on Tuesday (Jul 28) launched a £1.9 billion (US$2.52 billion) cost-savings programme to help fund the British drugmaker’s late-stage studies,...
Brookfield bets on AI inference, clean power in India while tackling curtailment risks
It expects the country to add 6 GW in data centre capacity for AI inference over the next 5 years[SINGAPORE] Global asset manager Brookfield is betting on growth in...
SIA sinks into the red with S$76 million Q1 loss as fuel costs jump
[SINGAPORE] Singapore Airlines (SIA) sank into the red with a net loss of S$76 million for its first quarter ended Jun 30, 2026, compared with a net profit of...
