News

Gold holds gain as traders weigh impact of oil risks on rates
Bullion trades at around US$4,080 an ounce after gaining almost 2% during the previous sessionPublished Wed, Jul 22, 2026 · 09:21 AMGOLD held a gain as traders monitored threats...
Stocks to watch: AEM Holdings, HPH Trust, First Sponsor, MoneyMax
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 22): AEM Holdings : Semiconductor firm Advantest has filed a first amended...
Yen slides past 163 mark to fresh four-decade low against US dollar
Geopolitical risks, fiscal concerns and wide interest rate differentials continue to weigh on the Japanese currencyPublished Wed, Jul 22, 2026 · 07:14 AM[TOKYO] The yen weakened past 163 per...
Oil prices rise to five-week high on US-Iran attacks, Houthi blockade threat
Published Wed, Jul 22, 2026 · 06:02 AM[NEW YORK] Oil prices climbed about 2 per cent on Tuesday (Jul 21) to a five-week high, on worries that energy supply disruptions could...
Sony Music Entertainment files new lawsuit against AI startup Udio
Sony Music Entertainment on Monday filed a new lawsuit against artificial intelligence startup Udio, alleging it infringed on more than 30,000 recordings.Sony said Udio ripped off music recordings from...
India central bank proposes wider test for foreign control of firms
Published Tue, Jul 21, 2026 · 11:35 PM[MUMBAI] India’s central bank on Tuesday (Jul 21) proposed changes to foreign exchange management rules, broadening the conditions used to determine whether...
Ng Khee Siong, managing director of Borneo Motors parent Inchcape Singapore, resigns
[SINGAPORE] Ng Khee Siong, the managing director of Inchcape Singapore and Borneo Motors, has resigned. The company has begun a search for his replacement.Inchcape did not provide further details...
3M lifts annual profit forecast as industrial unit remains resilient
Published Tue, Jul 21, 2026 · 08:40 PM[BENGALURU] 3M lifted its full-year profit forecast on Tuesday (Jul 21) on the back of cost-control measures, price hikes and continuing strength...
Dollar steady as investors weigh Middle East jitters against softer inflation data
Lack of clarity on where the US-Iran conflict is headed has left the dollar in limboPublished Tue, Jul 21, 2026 · 08:14 PM[BENGALURU/HONG KONG] The US dollar held steady...
MoneyMax expects significant H1 profit growth amid strong pawnbroking performance
Group also points to support from its retail and trading of gold and luxury items segment[SINGAPORE] MoneyMax Financial Services on Tuesday (Jul 21) said that it expects to record...
Ben Affleck’s AI company is sold for more than $500 million
Netflix has revealed just how big it is betting on artificial intelligence, shelling out more than half a billion dollars for one of the early AI movers in Hollywood....
What is China’s Moonshot AI and why is it roiling markets?
The Beijing-based firm’s Kimi K3 AI model delivers performance that rivals offerings from OpenAI and AnthropicPublished Tue, Jul 21, 2026 · 05:14 PMCHINESE startup Moonshot AI released a new...