News
Aster marks third Singapore deal with Changi Airport fuel infrastructure stake
The acquisition follows parent Chandra Asri’s purchases of Cycle & Carriage and Esso’s Singapore petrol stations[SINGAPORE] Oil refiner Aster has agreed to buy a stake in Changi Airport Fuel...
Gold holds near US$4,600 as investors focus on US Fed rate-hike path
Economists, policymakers divided over the need to hike rates in the coming monthsPublished Fri, Aug 28, 2026 · 08:46 AMGOLD steadied near US$4,600 an ounce as investors weighed the...
Asian stocks set to edge lower ahead of US Fed chair’s policy speech
Published Fri, Aug 28, 2026 · 08:09 AMASIAN STOCKS were set to open mildly lower on Friday (Aug 28) as investors braced for US Federal Reserve chair Kevin Warsh’s...
Mizuho files Singapore court case against Radiant World in first public lender action: Bloomberg
The hearing was listed as being an originating action and summons related to corporate insolvency Published Fri, Aug 28, 2026 · 06:57 AMMIZUHO BANK has initiated legal action against Radiant...
European stocks drop as political worries weigh on French banks
Published Fri, Aug 28, 2026 · 06:08 AMEUROPEAN stocks fell as French lenders slid amid renewed political uncertainty as a key presidential debate got underway. The Stoxx Europe 600 was...
Frencken proposes S$100 million placement to fund expansion, potential M&A
It wants to beef up its production capacity and that of its mechatronics and advanced plastic solutions divisions[SINGAPORE] Tech solutions provider Frencken on Thursday (Aug 27) announced that it...
Nasdaq leads Wall St after Nvidia quells AI fears
Published Thu, Aug 27, 2026 · 09:45 PM[NEW YORK] Wall Street’s main indexes opened higher on Thursday (Aug 27), boosted by gains in technology stocks after chip giant Nvidia’s...
Dollar recoups some losses as focus shifts to Fed remarks at Jackson Hole
Published Thu, Aug 27, 2026 · 08:32 PM[LONDON] The US dollar showed signs of recovering some of last week’s losses on Thursday (Aug 27), as investors awaited signals on...
Apple’s rare Bay Area layoffs hit Vision Pro and Siri teams amid AI shakeup
Apple is laying off close to 150 employees, the latest tech titan to reduce staff amid the artificial intelligence boom. Recent government filings showed that the iPhone maker is...
Seatrium, Petrobras eye potential natural gas collaboration to meet growing Asian demand
They are exploring new ventures just as two major oil vessels set sail for Brazil’s Buzios oil field[SINGAPORE] Brazilian oil giant Petrobras and offshore and marine player Seatrium are...
Maybank Q2 profit up 2.4% on lower impairment, higher non-interest income
It declares a single-tier first interim dividend of RM0.31 a share for the financial year ending Dec 31, up from RM0.30 a share a year earlier[SINGAPORE] Maybank on Thursday...
S’pore-based Apex Logistics ‘fully cooperating’ in US probe into alleged smuggling of Nvidia chips
[SINGAPORE] Singapore-based Apex Logistics, which is reportedly being probed by the US government for its alleged role in smuggling Nvidia artificial intelligence chips to China, is cooperating with the authorities,...