News

S&P 500, Nasdaq open lower as Iran tensions jolt sentiment, chip stocks slide
Published Mon, Jul 13, 2026 · 09:48 PM[NEW YORK] The S&P 500 and the Nasdaq opened lower on Monday (Jul 13), as a fresh escalation between the US and...
Singapore’s first electric motorcycle maker’s flagship model now road-legal
[SINGAPORE] Electric-motorcycle enthusiasts, rejoice.Scorpio Electric, Singapore’s first electric-motorcycle manufacturer, announced on Monday (Jul 13) that its flagship Lambda Scorpii model is now registered for use on the Republic’s roads.Following...
DBS crosses S$200 billion in market capitalisation as earnings optimism drives Singapore bank rally
The rally could have more room to run ahead of the lenders’ Q2 results in August, say analysts[SINGAPORE] Shares of Singapore’s three local banks have surged to record levels...
CapitaLand disbands special opportunities team
The group will still look at special situations deals if opportunities emerge, said a person familiar with the matterPublished Mon, Jul 13, 2026 · 06:33 PM[HONG KONG] Singaporean asset...
Shein scheduled for Hong Kong IPO hearing on Jul 16, sources say
Published Mon, Jul 13, 2026 · 05:05 PM[LONDON/ HONG KONG] Fast-fashion retailer Shein is scheduled for a Hong Kong initial public offering (IPO) hearing with the city’s stock exchange...
Sinopec deepens aviation fuel push with CNAF restructuring
Published Mon, Jul 13, 2026 · 03:57 PM[BEIJING] China’s Sinopec said it had completed the restructuring of China National Aviation Fuel (CNAF), the country’s dominant jet fuel distributor, according...
SK Hynix plunges after Nasdaq debut amid diminishing earnings optimism
The declines in its shares, alongside those of rival Samsung Electronics, contribute to 9% plunge in KospiPublished Mon, Jul 13, 2026 · 03:39 PM — Updated Mon, Jul 13,...
China expands strategic mineral toolkit with new investment firm
The country has been a major investor in overseas resources since the early 2000sPublished Mon, Jul 13, 2026 · 01:00 PMA NEW, Beijing-backed mining investment vehicle is aimed at...
SGX securities trading value jumps 72% in June, caps ‘stellar’ FY2026
It attributes this performance to ‘supportive growth and structural investment themes’[SINGAPORE] Robust trading activity across both cash equities and derivatives in June propelled the Singapore Exchange (SGX) to a...
Temasek-backed Seviora, Churchill Asset Management close US$400 million in collateralised fund obligation
[SINGAPORE] Temasek’s main asset management platform Seviora and Churchill Asset Management announced a close of about US$400 million in a collateralised fund obligation on Monday (Jul 13).Ken Kencel, president...
Samsung Electronics to advance start of chip factory in Yongin to 2029
South Korea hopes to double its memory-chip production capacity within five yearsPublished Mon, Jul 13, 2026 · 10:49 AM[SEOUL] Samsung Electronics said on Monday (Jul 13) it aims to...
OpenAI, Meta, SpaceXAI compete for more cost-efficient AI models
The renewed emphasis on cost comes as business customers scrutinising AI spendingPublished Mon, Jul 13, 2026 · 09:57 AM[NEW YORK] Three prominent artificial intelligence developers released new models over...