News
Chevron could see US$700 million-a-year boost from Venezuelan oil
[HOUSTON] Chevron could grow its cash flow by as much as US$700 million a year from increasing oil production in Venezuela as the Trump administration seeks to control the...
China buys at least 10 cargoes of US soybeans for April-May shipment, traders say
[CHICAGO] China’s state stockpiler Sinograin purchased at least 10 cargoes of US soybeans on Friday (Jan 9), or at least 600,000 tonnes, for shipment in April and May, capping...
Bay Area semiconductor testing company to lay off more than 200 workers
Semiconductor testing equipment company FormFactor is laying off more than 200 workers and closing manufacturing facilities as it seeks to cut costs after being hit by higher import taxes....
Elon Musk’s Grok bot restricts sexual image generation after global outcry
Elon Musk’s Grok chatbot on Thursday started restricting the ability for non-paying users to create deepfake, sexualized images after global pushback from users and governments. Late last month, some...
Meta signs multi-gigawatt nuclear deals for AI data centres
The agreements could end up totalling more than six gigawatts, enough to power a city of about five million homes[NEW YORK] Meta Platforms agreed to a series of electricity...
Philippines central bank sees inflation rising toward target
[MANILA] The Philippines’ central bank will keep weighing a feeble growth outlook against gradually rising inflation to set monetary policy in a balancing act that could bring an end...
Can Nvidia repeat its record-breaking year?
Chipmaker Nvidia had a record-setting year in 2025, becoming the world’s most valuable company as the frenzy around artificial intelligence propelled its rise to the top.Now the Santa Clara...
More Singapore drivers plan to return to petrol cars as EV interest dips: EY study
Respondents cite lingering anxieties over charging infrastructure and hidden costs[SINGAPORE] As many as 32 per cent of Singapore respondents in an EY study plan to purchase internal combustion engine...
Thai central bank to expand authority to scrutinise online gold trading
[BANGKOK] Thailand will expand the authority of its central bank in order to better supervise online gold trading, the bank’s governor Vitai Ratanakorn said on Friday (Jan 9). The...
SGX’s securities daily average value for 2025 jumps 21% – the highest since 2010
[SINGAPORE] The turnover value of securities traded on the Singapore Exchange (SGX) climbed 29 per cent year on year in December, driven by “sustained stock market momentum”, the bourse...
