News
China expands travel curbs to top AI talent at private firms
The moves highlight how elite AI engineers are now seen as strategic assets to the countryPublished Tue, May 26, 2026 · 05:49 PM[BEIJING] China is restricting overseas travel for...
Malaysia jolts bullion trade with 10% import duty on gold bars
Malaysia imported around US$2.5 billion of non-monetary gold through April this yearPublished Tue, May 26, 2026 · 04:19 PM[KUALA LUMPUR] Malaysia has imposed a 10 per cent import duty...
Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis
Published Tue, May 26, 2026 · 03:49 PM[COLOMBO] Sri Lanka’s central bank stunned markets by raising its policy rate by an outsized 100 basis points on Tuesday (May 26),...
Sats may reward shareholders with special dividend if there’s spare cash
The company is on course to achieve FY2029 targets of S$8 billion in revenue and 20 per cent Ebitda margins[SINGAPORE] Air freight handler and inflight caterer Sats may pay...
Who’s powering next-gen nuclear energy: AI boom drives hybrid financing wave
But scaling such technologies will hinge on the ability to bring in banks and institutional investors[SINGAPORE] Before Oklo went public through a special purpose acquisition company merger in May...
Why China is tightening controls on overseas stock trading
The move has already rattled brokerages and investors, and could reshape how mainland Chinese access foreign marketCHINA’S efforts to control capital outflows are colliding with growing demand from mainland...
Starbucks Korea top executives apologise as as ‘Tank Day’ promotion boycott hits revenue
Published Tue, May 26, 2026 · 11:00 AM[SEOUL] Top executives issued public apologies and warned of “substantial” declines in revenue after Starbucks Korea was hit with a boycott campaign...
Shares of Sats up over 5% after posting rise in Q4 earnings
[SINGAPORE] Shares of Sats on Tuesday (May 26) morning were trading more than 5 per cent higher, after the company posted a 31 per cent year-on-year rise in net...
Gold holds gain as Iran deal progress eases inflation concerns
Published Tue, May 26, 2026 · 09:05 AM[SINGAPORE] Gold held gains on signs the US and Iran were making progress on reaching a deal to reopen the Strait of...
Stocks to watch: Sats, FLCT, Boustead Singapore
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (May 26): Sats : The ground handler on Monday posted a net profit...
Chinese tech giants dangle record pay packets to court Singapore-trained AI graduates
China’s recruitment drive reflects a stark talent shortage in its all-important AI industry[SINGAPORE/SHENZHEN] On a weekday afternoon in April, PhD students at Nanyang Technological University (NTU) were bundled onto...
