News

Chinese dronemaker DJI defends security of products
Published Thu, May 28, 2026 · 08:53 PM[WASHINGTON] Chinese dronemaker DJI on Thursday told US lawmakers an outside review showed its drones do not pose security risks as it...
OKP wins S$165.3 million LTA contract for commuter infrastructure works
[SINGAPORE] Infrastructure and civil engineering company OKP has secured a S$165.3 million contract from the Land Transport Authority for commuter infrastructure works in Singapore.Under the 48-month contract, which commenced...
Tiger Brokers, Moomoo, Longbridge Singapore units ‘financially independent’ amid China crackdown: MAS
But market observers note that the separation between customers’ funds and a company’s assets ‘is not completely airtight’[SINGAPORE] The Singapore entities of three foreign brokerages targeted by Chinese regulators...
How Issa Rae built TikTok’s first micro-drama hit
A brawny bodyguard shoves a bruised man, hands tied behind his back, toward the hood of a black SUV. A pen and a contract lay atop the metal, ready...
Michelin to cut up to 1,500 jobs in France to reduce costs
Published Thu, May 28, 2026 · 05:13 PMFRENCH tyre maker Michelin is considering a plan to cut up to 1,500 jobs over three years to reduce costs, the company...
Ex-BP chair Manifold says not everyone shared his efficiency priorities, but praises executives
Published Thu, May 28, 2026 · 04:17 PM[LONDON] Ousted BP chair Albert Manifold said on Thursday that he felt not everyone at the oil major had shared his priorities...
JD.com founder vows to protect Chinese jobs from AI and robots
Published Thu, May 28, 2026 · 03:19 PM[BEIJING] JD.com founder Liu Qiangdong vowed to prevent the e-commerce firm’s 900,000-strong workforce from losing their jobs to automation, seeking to allay...
US private credit risks not mirrored in South-east Asia: IFS Capital CEO
Randy Sim explains why the region’s credit landscape looks nothing like that of the US and why we should differentiate them[SINGAPORE] Private credit may be dominating global financial headlines,...
Malaysia steps on gas, cuts coal use as power demand surges to record
The country’s energy commission expects warmer weather and data centres to continue to drive power demand this yearPublished Thu, May 28, 2026 · 01:36 PM[SINGAPORE/KUALA LUMPUR] Malaysia is tapping...
Shipping veteran Teo Siong Seng to take leave of absence from Pacific International Lines
He will not seek re-election as chair of Singapore Business Federation after his term ends in June[SINGAPORE] Shipping veteran Teo Siong Seng, who has been accused by the United...
Penang chipmakers cheer soaring demand even as gamers feel the pain
A global memory chip shortage has worsened since 2024 as producers pivot to feed the voracious[GEORGE TOWN] When Malaysia hosted the Samsung-backed Counter-Strike 2 Championship in December to find...
South Korea holds rates, reveals hawkish split within board
Headline inflation is breaching the central bank’s 2% target with the 2.6% April rate marking the fastest gain in almost two yearPublished Thu, May 28, 2026 · 10:44 AM[SEOUL]...