News

Data centre race: Singapore betting on quality over scale, say observers
As the AI race heats up, the city-state is pursuing a ‘sustainable’ data centre strategy – but what stands in the way of its ambitions?[SINGAPORE] As South-east Asia and...
Green debt sales hit record levels in 2025 despite climate backlash
Europe has also rolled back some of its toughest environmental rules amid concerns about growth and competitiveness[SINGAPORE] Investors have piled into climate-friendly assets this year despite policy and regulatory...
Vietnam’s Vingroup to withdraw bid for US$67 billion North-South high-speed railway
[HANOI] Vietnam’s largest conglomerate, Vingroup, said on Thursday (Dec 25) that it would withdraw its investment proposal for the nation’s US$67-billion North-South high-speed railway project to concentrate on its...
Asia markets edge up amid thinned holiday trade
[HONG KONG] Asian markets edged slightly higher on Friday (Dec 26) amid holiday-thinned trade, though some exchanges remained closed for the Boxing Day holiday.Gold continued to hover around its...
Oil rises as market weighs Venezuela supply risks
Brent and WTI prices are on track to drop about 16% and 18%, respectively, this year[SINGAPORE] Oil prices climbed on Friday (Dec 26) after the US ordered increased economic...
Stocks to watch: Sembcorp Industries, Keppel Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Dec 26): Sembcorp Industries : Sembcorp Green Infra, an Indian unit of Sembcorp...
China silver fund plunges after string of moves to quell frenzy
Other Chinese funds linked to the metals have also seen big gains and warnings to investorsTHE value of China’s only pure-play silver fund plunged by its maximum daily limit...
Taiwan’s Foxtron launches Bria EV model, eyes overseas markets
[TAIPEI] Taiwan’s Foxtron Vehicle Technologies, a joint venture between Foxconn and Yulon Motor, launched an electric vehicle (EV) model called Bria on Thursday (Dec 25).Versions of the model will...
Wall Street opens flat ahead of Christmas break
[NEW YORK] Wall Street indexes opened nearly flat in shortened Christmas Eve trading on Wednesday (Dec 24), as traders wait to see whether stocks can extend record gains in...
California crypto company accused of illegally inflating Katy Perry NFTs and fraud
Four years ago, California startup Theta Labs’ cryptocurrency was soaring, and its future appeared bright when it landed a partnership with pop star Katy Perry. The Bay Area company...
Christmas music driving you nuts? Why holiday playlists are everywhere
If it began to sound a lot like Christmas earlier than usual this year, it wasn’t your imagination.Halloween wasn’t even over before Spotify users began curating songs about mistletoe,...
Grab rides to cost S$0.30 more from Jan 1 with platform fee hike
[SINGAPORE] Singapore’s largest ride-hailing firm Grab will be increasing its platform fee by S$0.30 come Jan 1, 2026.Passengers will then pay S$1.20, up from the current S$0.90, the firm...