News

Nvidia to invest US$3.5 billion in chipmaker MediaTek
Published Mon, Aug 31, 2026 · 10:20 PM[SANTA CLARA, California] Nvidia is investing US$3.5 billion into MediaTek, deepening collaboration with the Taiwanese chipmaker at a time when it’s working...
Wall St opens lower as Middle East clashes send oil prices up
Published Mon, Aug 31, 2026 · 09:43 PM[NEW YORK] Wall Street’s main indexes opened lower on Monday (Aug 31) after military strikes between the US and Iran drove up...
US dollar inches lower as markets weigh Fed rate outlook; yen hovers near 160
Hawkish remarks from Federal Reserve chair Kevin Warsh fuelled bets on a September rate hikePublished Mon, Aug 31, 2026 · 08:15 PM[LONDON] The dollar nudged lower on Monday (Aug...
Shein shares plunge on grey market ahead of Hong Kong debut
Published Mon, Aug 31, 2026 · 07:53 PMSHEIN Global shares fell as much as 17 per cent in grey market trading on Monday (Aug 31), ahead of the fast-fashion...
Hollywood studios have sued over AI. Now Google is courting them to use its tools
Tech giant Google has been quietly making overtures to the major studios as it tries to find ways to entice Hollywood to use its artificial intelligence technology.Google executives have...
Singapore overtaken by Ningbo-Zhoushan as second busiest container port in H1
But the H2 figure is still to come, and the lead is too small to say for sure that Singapore is down one rank[SINGAPORE] Singapore fell by one position...
HDFC Bank CEO search tests investor confidence, governance
Sashidhar Jagdishan’s exit comes as the lender confronts a slew of issues that have placed its governance practices under scrutinyPublished Mon, Aug 31, 2026 · 05:00 PM[MUMBAI] HDFC Bank’s...
Toyota, Honda face biggest hit from Trump’s proposed 50% tariff on Canadian cars
Tariffs could force both automakers to close some Canadian assembly lines, analysts sayPublished Mon, Aug 31, 2026 · 02:24 PM[TOKYO] US President Donald Trump is targeting Ottawa with a...
Radiant World’s senior China trader quits as pressure builds
Published Mon, Aug 31, 2026 · 01:31 PMA LEADING executive at Radiant World’s China office has quit, according to sources familiar with the matter, as the iron ore trader...
Bitcoin slips below US$80,000 after Kevin Warsh’s inflation vow
Published Mon, Aug 31, 2026 · 12:40 PMBitcoin slipped back below US$80,000 on Friday (Aug 28) after Federal Reserve Chair Kevin Warsh pledged to bring inflation back to target,...
Singapore firms dominate South-east Asia data centre funding, accounting for 98% of US$11.5 billion raised: report
[SINGAPORE] Five Singapore-headquartered data centre firms accounted for 98 per cent of the US$11.5 billion in equity funding raised across South-east Asia, in what is already the region’s largest...
ROEs of SGX mid-caps are a mixed bag, small-caps lag
Uneven ability to keep up with AI and interest-rate pressures are seen as two factors driving the divide[SINGAPORE] A study has found that the average small-cap company on the...