News
AirAsia to start new airline, stays defiant on fuel hedging
To help fund expansion, AirAsia is preparing to sell as much as US$600 million in bondsPublished Thu, May 7, 2026 · 03:24 PMAIRASIA X co-founder Tony Fernandes said he...
Shell’s profit beats expectations at US$6.9 billion, raises dividend by 5%
The company cuts the pace of its quarterly share buyback programme to US$3 billion from US$3.5 billionPublished Thu, May 7, 2026 · 02:41 PM — Updated Thu, May 7,...
Shell’s profit beats expectations at US$6.9 billion, cuts share buybacks
Oil and gas output falls 4% compared with the previous quarter due to the Iran warPublished Thu, May 7, 2026 · 02:41 PM[LONDON] Shell’s first-quarter adjusted earnings, its definition...
Humanoid robots to power next leg of China’s export dominance
Like with EVs, the Asian nation is building out capacity across the robotics supply chainPublished Thu, May 7, 2026 · 01:50 PM[SYDNEY] China’s early lead in humanoid robots will...
Anthropic signs computing deal with SpaceX to meet AI demand
Published Thu, May 7, 2026 · 10:35 AM[SAN FRANCISCO] Anthropic PBC has signed an agreement with Elon Musk’s SpaceX to bolster computing resources and meet surging demand for its...
Gold rises as buying interest counters concern over Strait of Hormuz clash
Higher rates and a stronger US currency are negative for bullion as it pays no interest and is priced in the greenbackPublished Thu, May 7, 2026 · 09:56 AM...
OpenAI is so yesterday — even for SoftBank
Global markets pivot from AI model makers to chipmakers tied to the data-centre boomSOFTBANK Group founder Masayoshi Son is known for making audacious multibillion-US dollar bets. Some acquisition deals,...
Sun Life quarterly profit jumps on Asia business strength
Canadian insurers have aggressively invested in Asia to capture market share in fast-growing markets and diversify their revenue basePublished Thu, May 7, 2026 · 08:31 AM[BENGALURU] Sun Life reported...
Arm forecasts higher-than-expected revenue on surging AI data centre demand
The company generates revenue by licensing its technology to companies such as Nvidia and ApplePublished Thu, May 7, 2026 · 07:53 AM[BENGALURU] Arm Holdings forecast first-quarter revenue above Wall...
UOB aims to double wealth income to at least S$2.5 billion by 2030; Q1 profit slips 4%
CEO Wee Ee Cheong says the completion of its Citi integration gives the bank a ‘long runway’ for organic wealth growth across Asean[SINGAPORE] UOB has set a target of...
