News

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...
CGSI downgrades OCBC on sharp share price gain, less attractive yield, but raises target price
[SINGAPORE] CGS International (CGSI) downgraded OCBC to “hold” in its research report on Tuesday (Jul 21), citing limited upside following a sharp run-up in the lender’s stock price and...
Ant International raises US$1.2 billion in global expansion push
Published Tue, Jul 21, 2026 · 03:41 PM[HONG KONG] Ant International, the global arm of the Jack Ma-backed fintech company, has raised US$1.2 billion to bolster its expansion in cross-border...
Indian rupee’s return to near-record lows reflects RBI debate on intervention
Currency weakens 2% over July, nears record low of 97 to the US dollar; the central bank’s limited and intermittent moves have surprised tradersPublished Tue, Jul 21, 2026 ·...
Bank of China approved by MAS as a primary dealer
[SINGAPORE] The Bank of China (BOC)’s Singapore branch was approved by the Monetary Authority of Singapore (MAS) to become a primary dealer.The move sees the institution becoming the first...
RHB raises SGX target price on record market performance, Scientific Beta divestment
[SINGAPORE] RHB raised its target price on the Singapore Exchange (SGX) to S$22.50 from S$22.20 while maintaining its “neutral” call, it said in a note on Tuesday (Jul 21).The...
Singapore mandates five banks for US$1.63 billion 20-year green bond
DBS, Deutsche Bank, HSBC, OCBC and Standard Chartered are appointed to arrange the planned bondPublished Tue, Jul 21, 2026 · 11:16 AM[SINGAPORE] The Monetary Authority of Singapore has appointed...
Asia stocks steady as chip sell-off eases ahead of megacap tech earnings
The MSCI Asia-Pacific Index was little changed as gains in Japan offset weakness elsewherePublished Tue, Jul 21, 2026 · 09:42 AMASIAN stocks on Tuesday (Jul 21) held three days...
Asia stocks rebound on chip recovery as Samsung Electronics, TSMC lead gains
The MSCI Asia-Pacific Index climbs 1.7% as benchmark gauges in South Korea and Taiwan both gain around 3%Published Tue, Jul 21, 2026 · 09:42 AM — Updated Tue, Jul...
London Stock Exchange plans to launch round-the-clock trading next year, FT reports
Published Tue, Jul 21, 2026 · 08:45 AMTHE London Stock Exchange has unveiled plans to launch a night-time trading site in the first half of 2027, the Financial Times...
Metro to close department stores in Paragon, Causeway Point after leases expire
Metro said the move will better position it to adapt to changing consumer preferences[SINGAPORE] Metro will close its department stores at Paragon and Causeway Point when their leases expire,...
Oil settles 1% higher as hopes of renewed US-Iran negotiations offset Houthi threat
Published Tue, Jul 21, 2026 · 06:05 AM[HOUSTON] Oil prices settled over 1 per cent higher on Monday (Jul 20) after volatile trading through the session, as traders weighed hopes of...