News
Policy changes, construction demand push commercial vehicle COE premiums to new record
Big infrastructure projects and changing policy keep Category C high, which could disadvantage smaller players[SINGAPORE] Strong demand for commercial vehicles (CVs) spurred by the logistics and construction sectors, as...
Australian shares jump as weak jobs data tempers RBA rate-hike bets
Published Thu, May 21, 2026 · 03:52 PMAUSTRALIAN equities closed higher on Thursday after weak employment data prompted investors to trim bets on a near-term rate hike, while optimism...
Circular AI boom goes global as Asia windfall funds hyperscalers
For much of North Asia, surging chip exports have overwhelmed the drag from higher energy prices stemming from the Iran warPublished Thu, May 21, 2026 · 02:21 PM[HONG KONG]...
Vietnamese EV maker VinFast’s move to shift US$7 billion in debt raises ‘red flags’
With the manufacturing unit off its books, the company will become largely debt-free, Vingroup saysPublished Thu, May 21, 2026 · 01:37 PM[HANOI] Over the last decade, Vietnamese electric vehicle...
Nvidia tells sceptical investors that AI is ready to go mainstream
Shareholders were not swayed by an expansion of investor rewards, including a massive increase to the company’s dividendPublished Thu, May 21, 2026 · 12:33 PMNVIDIA, facing more investor scepticism,...
Airbnb pushes beyond stays with luggage storage, car rentals, hotels
Published Thu, May 21, 2026 · 11:39 AM[NEW YORK] Airbnb will let guests arrange luggage storage, airport pickups and car and equipment rentals, its latest effort to expand beyond...
US Fed minutes show more policymakers open to a rate hike
The central bank policymakers see rising inflation risks, with rate hike possiblePublished Thu, May 21, 2026 · 10:14 AM[WASHINGTON] US Federal Reserve officials’ concerns about inflation being stoked by...
Gold steadies as hopes of US-Iran truce ease rate-hike bets
Published Thu, May 21, 2026 · 09:22 AM[SINGAPORE] Gold was little changed as optimism over efforts to end the Middle East conflict eased bets on interest-rate hikes.Bullion was near...
SpaceX filing reveals US$4.28 billion loss, Elon Musk’s tight grip
The filing depicts a conglomerate with a maturity practically unheard of in a pre-IPO company[WASHINGTON] SpaceX filed publicly for what stands to be the largest-ever initial public offering, revealing...
Samsung shares soar as strike averted, but bonuses of US$416,000 for some stoke concern
Samsung is expected to set aside about 10.5% of operating profit for special bonuses for the chip divisionPublished Thu, May 21, 2026 · 08:02 AM — Updated Thu, May...
