News

Bigger is better: Bank of Singapore doubles down on the ultra-wealthy – and the bankers chasing them
CEO Jason Moo says the lender is starting to see large amounts of flow enter the region[SINGAPORE] If it takes the same effort to serve a US$100 million client...
Why Huawei’s new chipmaking plan has investors buzzing
The company’s vision for improving semiconductor efficiency has sparked a rally across the sector in ChinaPublished Wed, May 27, 2026 · 05:20 PMTHE artificial intelligence boom has triggered an...
Once investor darlings, Australian banks get reality check on mortgage change
Their shares slide as housing demand and investor lending weaken; lenders turn to cost cuts, automation to protect returnsPublished Wed, May 27, 2026 · 04:29 PM[SYDNEY] A looming slowdown...
China’s Xpeng backed by local govt investment fund with undisclosed sum
Published Wed, May 27, 2026 · 01:03 PM[BEIJING] Chinese electric vehicle maker Xpeng said on Wednesday (May 27) it was picked among the first batch to sign on a...
China’s Xpeng backed by local government investment fund with undisclosed sum
Published Wed, May 27, 2026 · 01:03 PM[BEIJING] Chinese electric vehicle maker Xpeng said on Wednesday (May 27) that it was picked among the first batch to sign on...
SK Hynix joins US$1 trillion club after Samsung, Micron on AI chip boom
Published Wed, May 27, 2026 · 12:20 PM[SEOUL] SK Hynix topped US$1 trillion in market value for the first time on Wednesday (May 27), joining its memory chip rivals...
China’s humanoid robotics startup Unitree fast-tracks Shanghai IPO with target US$6.2 billion valuation
The Shanghai Stock Exchange’s listing committee will review Unitree’s application on Jun 1CHINESE humanoid robotics startup Unitree Robotics is fast-tracking its initial public offering (IPO) on Shanghai’s tech-focused Star...
US stocks: S&P 500, Nasdaq hit record closing highs on AI optimism, Micron joins US$1 trillion club
Published Wed, May 27, 2026 · 08:21 AM[NEW YORK] The S&P 500 and Nasdaq hit record closing highs on Tuesday (May 26), as artificial intelligence-fueled optimism offset anxiety over...
Asia insurers increasing infrastructure debt exposure as capital rules shift: Schroders
The asset class offers access to sectors that institutional investors might not otherwise have[SINGAPORE] Changes in regulatory capital treatment under risk-based capital regimes in Asia will allow insurers to...
US stocks gain on optimism over US-Iran deal to open Hormuz
Published Tue, May 26, 2026 · 10:19 PM[NEW YORK] US equities climbed and US oil prices were lower as investors bet that a deal to re-open the Strait of...
IHH Healthcare Q1 net profit edges up 3% to RM528 million
Foreign currency translation differences set the group back by RM796 million during the quarter[SINGAPORE] Integrated healthcare operator IHH Healthcare on Tuesday (May 26) reported a 3 per cent year-on-year...
Indonesian court upholds earlier dismissal of 2.28 trillion rupiah claim on Keppel unit’s land
The claimant, Tumpal Hutabarat, has been ordered to pay costs, similar to a February ruling[SINGAPORE] Keppel said on Tuesday (May 26) that the Indonesian High Court has upheld an...