News

VinFast names founder’s eldest son as its global chief executive
Published Sat, Sep 12, 2026 · 11:23 AM[HANOI] Vietnamese electric vehicle maker VinFast on Saturday (Sep 12) named chairman Pham Nhat Quan Anh, the eldest son of founder Pham...
Oil falls but head for 8% weekly gain on tight supply; US diesel hits record
Published Sat, Sep 12, 2026 · 09:52 AM[HOUSTON] Oil prices fell on Friday (Sep 11) but remained on course for a weekly gain of more than 8 per cent,...
‘It’s going to be fine’: Trump rebuffs rising alarm over AI dangers, sparking outcry
WASHINGTON — President Trump is brushing aside growing concern among leading scientists and bipartisan lawmakers that artificial intelligence could soon pose an existential threat to humanity, fueling anxiety in Washington and...
Dollar edges higher against euro after US inflation data
Published Fri, Sep 11, 2026 · 09:59 PM[NEW YORK] The US dollar edged higher against major peers on Friday (Sep 11) after closely watched inflation data showing higher consumer...
STI inches up 0.1%, bucking regional trend as oil continues surge
[SINGAPORE] Singapore stocks ended higher on Friday (Sep 11), bucking a regional trend as Asian markets slumped amid renewed tensions in the Middle East.The benchmark Straits Times Index (STI)...
US listing could put Japan’s Kioxia in global AI spotlight, Voya’s Thomas says
The firm has said it is preparing to list American depositary shares to grow its investor basePublished Fri, Sep 11, 2026 · 04:33 PM[TOKYO] A plan by Kioxia to...
ECB’s hawkish stance prompts calls for further rate hikes
Traders are pricing in a 93.9% chance of a quarter-point rate hike from the ECB in DecemberPublished Fri, Sep 11, 2026 · 03:21 PM[NEW YORK] Goldman Sachs, Citigroup and...
Micron’s Taiwan workers to get rewards worth up to 68 months of pay
Published Fri, Sep 11, 2026 · 01:18 PM[TAIPEI] Micron Technology said on Friday (Sep 11) its direct labour employees in Taiwan would receive bonuses equaling 35 to 68 months of...
Sydney Airport flights disrupted due to air traffic controller shortage
Published Fri, Sep 11, 2026 · 12:54 PM[SYDNEY] A shortage of air traffic controllers caused flight cancellations and major delays at Sydney Airport on Friday morning (Sep 11), the...
OCBC tops Forbes ‘World’s Top Performing Banks’ list, DBS in second
The two Singapore banks take the top two spots among global banks in the inaugural version of the list[SINGAPORE] OCBC and DBS took the top two places among global...
California clears the way for Uber and Lyft driver union
California regulators certified a union representing Uber and Lyft drivers, marking a milestone in a years-long fight by gig workers in the state. The California Gig Workers Union will...
‘Gambling with our lives’: OpenAI open to slowing cutting-edge AI, CEO Sam Altman tells staff
This comes as staff of leading AI firms voice public concerns about the technology’s risksPublished Fri, Sep 11, 2026 · 09:38 AM[SAN FRANCISCO] OpenAI is considering slowing down the...