News
Citi shares fall as investor worry over expenses overshadows second-quarter profit beat
Published Wed, Jul 15, 2026 · 07:54 AMCITIGROUP beat Wall Street estimates as it reported surging trading revenues but its stock slid as investors worried about potentially worse results...
IBM warns AI boom squeezing software budgets; shares sink in sector rout
The company said it expects revenue to rise just 1 per cent to US$17.2 billion in Q2Published Wed, Jul 15, 2026 · 06:53 AMIBM said it had “faltered” in keeping...
US stocks: S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
Published Wed, Jul 15, 2026 · 05:53 AM[NEW YORK] The S&P 500 and the Nasdaq advanced on Tuesday (Jul 14) as solid big bank results and a cooler-than-expected inflation...
AI investment race could turn debt-fuelled boom to bust: BIS
Published Tue, Jul 14, 2026 · 09:32 PMTHE race to build infrastructure for artificial intelligence is on track to surpass previous technological booms that ended up in severe market...
US dollar dips ahead of inflation data, supported by rate outlook
Investors are pricing in a higher chance of global interest rates rising this yearPublished Tue, Jul 14, 2026 · 08:28 PM[LONDON] The US dollar remained in sight of 13-month...
Spacs are making a comeback on Wall Street, but Singapore should look the other way
The lessons from the Republic’s previous experiment with blank-cheque companies still hold[SINGAPORE] Imagine a promoter handing you a sealed cardboard box, and promising that he will venture out into...
Economists, tech leaders warn AI could bring ‘large-scale job displacement’ and other risks
Many of the smartest people in the world warned governments, companies and people Monday that they need to be ready for the deep impact that artificial intelligence is going...
Samsung Electronics denies report that it is exploring US listing
A report says the chipmaker is in the early stages of exploring a potential US offering of American depositary receiptsPublished Tue, Jul 14, 2026 · 05:34 PM[BENGALURU/ SEOUL] Samsung...
Ericsson Q2 profit tops expectations, warns on AI costs
Ericsson reported operating profit of 6.52 billion Swedish crowns (US$671.70 million) for the second quarterPublished Tue, Jul 14, 2026 · 04:20 PM[STOCKHOLM] Swedish telecom equipment maker Ericsson reported a...
DBS initiates coverage on JustCo with ‘Buy’, S$1.06 target price
DBS says the regional co-working player is at an inflection point as demand for hybrid working rises[SINGAPORE] DBS on Tuesday (Jul 14) initiated coverage on homegrown co-working player JustCo...
Nvidia halves Asia buyer list in China chip crackdown, steps up due diligence: report
Published Tue, Jul 14, 2026 · 01:08 PMNVIDIA has more than halved the number of Asian customers authorised to buy its AI chips after creating a new “white list”...
Distribution to paid-in capital a key metric for general partners as demand for tangible outcomes rises: MSCI
Survey also finds that many in the sector feel they are lagging in tech, risk-preparedness[SINGAPORE] General partners are now concentrating on the distribution to paid-in capital (DPI) metric, said...