News

Hang Seng Index attempts recovery after prolonged downtrend
THE Hang Seng Index (HSI) entered the second half of 2026 showing early signs of stabilisation after an extended period of underperformance. While major US equity indices continued to...
New Zealand’s Fonterra trims top end of annual milk price forecast on weak demand
Published Mon, Jul 13, 2026 · 06:57 AMNEW Zealand dairy giant Fonterra on Monday (Jul 13) trimmed the top end of its milk price forecast for the 2026/27 season...
Meta to put AI chip into production in September as it looks to double computing capacity: memo
Published Mon, Jul 13, 2026 · 05:54 AM[NEW YORK/SAN FRANCISCO] Meta Platforms plans to start manufacturing an artificial intelligence chip from September as part of its plan to boost...
Sats to build unified AI-enabled platform; says Iran effects mixed but manageable 
It notes that its AI investments are subject to the same standards as all capital allocation decisions[SINGAPORE] Provider of gateway services and food solutions Sats aims to build a...
Record electricity prices: Supply contracts, cost pass-on mitigate impact for Singapore data centre operators
But as hedges expire, high power costs could drive next wave of growth across the border, says one analyst[SINGAPORE] A 17 per cent spike in electricity tariffs is threatening...
Cohen & Steers crosses CAReit threshold, LC Capital adds to PC Partner stake
OVER the five sessions, more than 90 director interests and substantial shareholdings were filed for close to 40 primary-listed stocks.Directors or CEOs reported 14 acquisitions and 11 disposals, while...
Korea’s world-beating stocks are now trading cheaper than ever
Published Sun, Jul 12, 2026 · 10:17 AM[SEOUL] South Korea’s blistering stock rally has left investors facing an unlikely backdrop: equities trading at record-low valuations.The Kospi has climbed around...
Meta scraps AI image feature days after launch following privacy backlash
Muse Image faces backlash over privacy concerns and being an automatic opt-in for usersPublished Sat, Jul 11, 2026 · 12:49 PM[MEXICO CITY] Meta said on Friday (Jul 10) it...
Oil eases as US, Iran continue talks after renewed fighting
West Texas Intermediate falls 0.9% to settle near US$71 a barrel, but still notches a weekly gain of roughly 4%Published Sat, Jul 11, 2026 · 09:23 AMOIL prices slipped...
Nobel Prize winner leaving UC Berkeley for new role in China
Nobel Prize recipient Omar Yaghi is leaving his role at UC Berkeley to lead the development of a new artificial intelligence institute at Tsinghua University in Beijing, the Chinese...
Delta signals fare hikes will stay as resilient demand cushions fuel-cost hit
Published Fri, Jul 10, 2026 · 10:20 PM[CHICAGO] Delta Air Lines reaffirmed its full-year profit forecast and provided a stronger-than-expected third-quarter outlook on Friday (Jul 10), signalling confidence that...
Wall St opens steady ahead of SK Hynix listing; Middle East in focus
Published Fri, Jul 10, 2026 · 09:44 PM[NEW YORK] Wall Street indexes steadied at open on Friday (Jul 10), as investors awaited the highly anticipated Nasdaq debut of South...