News

North Carolina sues Vietnam’s VinFast over delayed EV project
The EV maker initially targeted to have the factory up and running by Jul 1 this yearPublished Fri, May 22, 2026 · 12:17 PM[HANOI] The State of North Carolina...
Investors look beyond TSMC as AI boom spreads to new winners
Published Fri, May 22, 2026 · 11:03 AM[HONG KONG/TOKYO] After several years flying high as Asia’s best Nvidia proxy, Taiwan Semiconductor Manufacturing Company (TSMC) is increasingly vying with other...
SIA Engineering opens base maintenance facility in Subang; sees ‘strong potential’ in Malaysian aerospace sector
The two-hangar facility will supplement hangars in Singapore and the Philippines to support MRO works[SINGAPORE] SIA Engineering Company (SIAEC) on Friday (May 22) announced the opening of a base...
Stocks to watch: Keppel, Nio, SIA Engineering Company, Sri Trang Gloves, Aims Apac Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 22): Source link
Goldman Sachs to pay US$500 million to settle shareholder lawsuit over 1MDB scandal
Shareholders accuse the bank of lying about its role in the fraud while repeatedly touting its supposedly robust risk managementPublished Fri, May 22, 2026 · 07:59 AM[NEW YORK] Goldman...
Wall Street indexes end slightly higher as investors focus on Middle East peace hopes
The S&P 500 posted 11 new 52-week highs and four new lows while the Nasdaq Composite recorded 96 new highs and 108 new lowsPublished Fri, May 22, 2026 ·...
Microsoft and EY to spend US$1 billion to help clients adopt AI
Published Thu, May 21, 2026 · 10:54 PMTECHNOLOGY giant Microsoft and consulting firm EY are partnering to spend more than US$1 billion to encourage their clients to launch major...
Wall St opens lower as oil jumps on renewed Mideast concerns
Published Thu, May 21, 2026 · 09:45 PM[NEW YORK] Wall Street’s main indexes opened lower on Thursday (May 21) as oil prices surged following a Reuters report that Iran’s...
US to invest in quantum computing firms in exchange for stakes
Published Thu, May 21, 2026 · 08:52 PMTHE Trump administration is awarding grants to a handful of companies, including IBM, that are focused on quantum computing in exchange for...
Aims Apac Reit secures sustainability-linked loan facilities of S$450 million, A$160 million
It has also clinched a A$115 million syndicated loan with a green tranche of A$50 million[SINGAPORE] The manager of Aims Apac Real Estate Investment Trust (AA Reit) on Thursday...
Singapore stocks end flattish amid mixed regional showing; STI up 0.02%
[SINGAPORE] Singapore stocks were flattish on Thursday (May 21) amid a mixed performance in regional markets.The benchmark Straits Times Index (STI) gained 0.02 per cent or 0.80 point to...
Thai watchdog to sue Volvo Cars over EX30 fires as consumers demand refunds
Published Thu, May 21, 2026 · 05:29 PM[BANGKOK] Thailand’s consumer watchdog will file a civil suit against the local unit of Volvo Cars over battery-related fires in its EX30...