News
Ericsson Q2 profit tops expectations, warns on AI costs
Ericsson reported operating profit of 6.52 billion Swedish crowns (US$671.70 million) for the second quarterPublished Tue, Jul 14, 2026 · 04:20 PM[STOCKHOLM] Swedish telecom equipment maker Ericsson reported a...
DBS initiates coverage on JustCo with ‘Buy’, S$1.06 target price
DBS says the regional co-working player is at an inflection point as demand for hybrid working rises[SINGAPORE] DBS on Tuesday (Jul 14) initiated coverage on homegrown co-working player JustCo...
Nvidia halves Asia buyer list in China chip crackdown, steps up due diligence: report
Published Tue, Jul 14, 2026 · 01:08 PMNVIDIA has more than halved the number of Asian customers authorised to buy its AI chips after creating a new “white list”...
Distribution to paid-in capital a key metric for general partners as demand for tangible outcomes rises: MSCI
Survey also finds that many in the sector feel they are lagging in tech, risk-preparedness[SINGAPORE] General partners are now concentrating on the distribution to paid-in capital (DPI) metric, said...
Keppel, Sembcorp, SIA down as STI dips 1% after US resumes Iran shipping blockade
[SINGAPORE] The Straits Times Index (STI) took a 1 per cent hit on Tuesday (Jul 14) morning as investors reacted negatively to renewed hostilities overnight between the US and...
Gold bounces from two-week low as markets await US inflation data
Spot gold rises 0.5% to US$4,019.50 per ounce by 0821 GMT after falling to its lowest level since Jul 1 earlier in the sessionPublished Tue, Jul 14, 2026 ·...
UK’s employers, energy sector urge new PM to slash power taxes
Published Tue, Jul 14, 2026 · 08:57 AM[LONDON] Britain’s new prime minister must slash energy levies paid by businesses to speed up economic growth, a leading employers group and...
Malaysia tops South-east Asia’s IPO market in first half of 2026, Singapore comes in second
South-east Asia saw 47 IPOs across the region in the first half of 2026, raising more than US$3.07 billion in proceeds[SINGAPORE] Malaysia emerged as the top market for initial...
New Zealand’s central bank warns inflation could become persistent
Published Tue, Jul 14, 2026 · 07:17 AM[SYDNEY] A top official at New Zealand’s central bank warned on Tuesday (Jul 14) that the inflationary pulse from higher oil prices...
Oil up 9% to one-month high as US says it will blockade entire Iranian coastline, all vessels
Iran had earlier said it would not allow Washington to intervene in the strait’s managementPublished Tue, Jul 14, 2026 · 06:09 AM[HOUSTON] Oil prices settled up more than 9 per...