News
Oil prices settle higher on slow progress in US-Iran peace talks
Published Sat, May 23, 2026 · 09:45 AM[HOUSTON] Oil prices climbed on Friday (May 22), as investors worried that the US and Iran would be unable to reach a...
European shares end at more than one-month high on tech boost
Analysts expect a deal that includes opening the Hormuz to lift European equitiesPublished Sat, May 23, 2026 · 07:41 AM[BENGALURU] European shares finished at their highest in over a...
Waymo suspends all freeway rides over safety
Waymo said that it’s pausing its robotaxi services on freeways in the U.S. as it updates its software to improve performance around construction zones and flooded roads.Before the suspension,...
UI Boustead Reit, Boustead unit to co-invest in S$104 million Seletar aerospace facility
The real estate investment trust may fully purchase the asset after it gets a temporary occupation permit[SINGAPORE] UI Boustead Real Estate Investment Trust (Reit) and Boustead Singapore are co-investing...
Fed’s Waller says next move as likely to be rate hike as cut
Published Fri, May 22, 2026 · 11:04 PMFEDERAL Reserve Governor Christopher Waller said he supports making clear the central bank’s next interest-rate move is just as likely to be...
Wall St rises at open, Dow hits record high
Published Fri, May 22, 2026 · 09:42 PM[NEW YORK] Wall Street’s main indexes opened higher on Friday (May 22) with the Dow hitting an intraday record high as investors...
Another California tech company lays off thousands, citing AI
The layoffs bludgeoning the tech industry continued this week as artificial intelligence reshapes the industry.Mountain View-based Intuit, the maker of TurboTax, on Wednesday said it was laying off 17%...
What the furore over ‘lower-value human capital’ reveals about AI and the future of banking
Lenders are learning that the artificial intelligence transition requires more than charting productivity gainsAS BANKS around the world wax lyrical about the transformative potential of artificial intelligence, most executives...
How China uses a ‘national team’ to influence trading
Beijing sees a stable, steadily rising stock market as essential to the country’s economic transitionPublished Fri, May 22, 2026 · 03:57 PM[BEIJING] China’s stock market has long been more...
Taiwan semiconductor firm Kyec pumps S$100 million into new Singapore plant, creating over 300 jobs
The project is aimed at serving the ‘growing demand for automotive, high-performance AI products’[SINGAPORE] A new semiconductor testing facility in Singapore will create over 300 jobs in engineering and...
