News

Yen back in danger zone as Tokyo officials keep investors on edge
Published Fri, May 29, 2026 · 02:04 PM[TOKYO] As Japan’s yen drifts back to levels that prompted official intervention a month ago, markets are sizing up Tokyo’s remaining financial...
KPMG Australia CEO and audit head quit over whistleblower investigation
The accounting firm audits some of Australia’s biggest companies, including major banksPublished Fri, May 29, 2026 · 01:25 PM[SYDNEY] Accounting firm KPMG Australia said on Friday (May 29) that...
Foxconn has immense confidence in growth momentum due to AI, chairman says
The company is Nvidia’s biggest server maker and Apple’s top iPhone assemblerPublished Fri, May 29, 2026 · 12:13 PM[NEW TAIPEI] Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, has...
GIC-backed Coda Payments secures MAS major payment institution licence
It can conduct multiple transactions without being subject to certain threshold limits on volume or float [SINGAPORE] GIC-backed payments firm Coda Payments has received approval from the Monetary Authority of...
SpaceX lowers IPO valuation target to at least US$1.8 trillion
The company expects to make its debut on Nasdaq and Nasdaq Texas under the symbol SPCXPublished Fri, May 29, 2026 · 10:31 AM[SAN FRANCISCO] SpaceX is currently targeting a...
Samsung takes lead in shipping top-end AI memory chip samples
The company says that it has started shipping its first 12-layer HBM4E samples to major clientsPublished Fri, May 29, 2026 · 09:10 AM[SEOUL] Samsung Electronics has begun shipping samples...
Stocks to watch: ST Engineering, Seatrium, Keppel, Clas, OKP
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 29):  Source link
RHB upgrades Singapore banks on wealth momentum, resilient fee income; names its top picks
[SINGAPORE] RHB has upgraded its rating on the three Singapore banks to “overweight” from “neutral”, citing their continued wealth momentum and resilient fee income generation.The brokerage believes there is...
Oil prices settle in mixed direction on conflicting reports of US-Iran ceasefire deal
Traffic through the maritime chokepoint remains a small fraction of the pre-war levelPublished Fri, May 29, 2026 · 06:15 AM[NEW YORK] Oil prices settled mixed on Thursday (May 28)...
Waymo launches services with cheaper robotaxis in Los Angeles
Waymo is rolling out a new driverless taxi to help the company expand into more cities and tackle tougher driving conditions, including snowy roads, the company announced Wednesday.The new...
Osim founder Ron Sim drops claims against Trek 2000, sells 7.3% stake to Azure Capital
[SINGAPORE] Fund manager Azure Capital has become a substantial shareholder of Trek 2000 International, the company known for its ThumbDrive USB flash drive.In a bourse filing on Thursday (May...
ST Engineering names its group COO and commercial aerospace president as group deputy CEO
The group deputy CEO post has been vacant for 9 years, but the company says filling it now reflects its expansion[SINGAPORE] ST Engineering has appointed Jeffrey Lam as group...