News

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,...
US probes Singapore-based Apex Logistics over Nvidia chip smuggling allegations
Authorities are looking into whether the firm transported systems made by Super Micro Computer[HONG KONG] The US government is investigating Singapore-based Apex Logistics for its suspected role in smuggling...
HSBC mulls restructuring Singapore units to simplify operations
This will bring the lender’s local wholesale, retail and private banking operations under one roofPublished Thu, Aug 27, 2026 · 12:19 PM[HONG KONG] HSBC is planning to overhaul its...
Shein’s Hong Kong IPO pricing values company at US$26.5 billion: sources
Published Thu, Aug 27, 2026 · 11:20 AM — Updated Thu, Aug 27, 2026 · 11:29 AM[HONG KONG] Online fast-fashion retailer Shein is set to price its Hong Kong initial public...
Nvidia discussed buying AI startup Hugging Face: report
Published Thu, Aug 27, 2026 · 09:52 AM[SAN FRANCISCO] Nvidia held talks about acquiring Hugging Face in a deal that would potentially value the artificial intelligence startup at more...
Singapore Airlines faces some bleak choices as it lies trapped in Air India’s money pit
Should SIA just cut its losses and walk away from Air India? Source link
Economists see RBA rate hike as early as September after hot CPI
The country’s sluggish productivity for over a decade has lowered the economy’s potential growth ratePublished Thu, Aug 27, 2026 · 09:21 AMAUSTRALIA hot inflation spurred economists from Goldman Sachs...
US Fed’s Cook denies wrongdoing as Trump renews bid to fire her
The latest letter from the White House earlier this month repeats fraud accusations made more than a year agoPublished Thu, Aug 27, 2026 · 08:45 AMFEDERAL Reserve Governor Lisa...
Sembcorp’s Indian renewables unit files draft IPO papers
[SINGAPORE] Sembcorp Industries on Thursday (Aug 27) said that its Indian renewables unit has filed draft prospectus papers for an initial public offering in Mumbai, moving forward with a...
Trump says he signed proclamation to address ‘unreasonably’ high beef prices
Published Thu, Aug 27, 2026 · 07:23 AM[WASHINGTON] President Donald Trump on Wednesday (Aug 26) signed a proclamation to temporarily increase the quantity of lean beef trimmings that are...
Oil settles down after choppy session as investors weigh Hormuz talks
Published Thu, Aug 27, 2026 · 06:13 AM[HOUSTON] Oil prices settled lower after a choppy session on Wednesday (Aug 26), as investors monitored talks between Iran and Oman on the...
Meta to pay up to US$16.7 billion in social media case
Published Wed, Aug 26, 2026 · 11:28 PM[WASHINGTON] Meta Platforms has agreed to pay up to US$16.7 billion to settle a landmark social media case with multiple US states,...