News
Yen hits seven-month high; dollar soft ahead of US inflation
Published Mon, Sep 7, 2026 · 09:07 PM[SINGAPORE/LONDON] The yen surged to a seven-month high on Monday (Sep 7), as traders appeared to reassess their outlook on the embattled...
Shein’s value down US$5 billion, among HK’s worst post-IPO weeks
The fall underscores investor concerns over the fast-fashion retailer’s growth outlookPublished Mon, Sep 7, 2026 · 06:50 PM[HONG KONG] Shein Global Holdings has lost about US$5 billion in market...
Marco Polo Marine inks agreement for S$139 million RTO of Fuji Offset Plates Manufacturing
The consideration will be satisfied through the issuance of new ordinary shares at S$0.701 per share[SINGAPORE] Marco Polo Marine has inked a conditional sale and purchase agreement with Catalist-listed...
DBS, Citi bypass traditional banking hours in cross-border tokenised deposit trial
Standard cross-border settlement can take up to 2 business days due to time zones, weekend closures[SINGAPORE] DBS and Citigroup executed a cross-border US dollar payment on Saturday (Sep 5)...
Singapore, Hong Kong banks to benefit most as Asia capital markets deepen in H2: Morgan Stanley
[SINGAPORE] A report from Morgan Stanley on Wednesday (Sep 2) noted how Singapore and Hong Kong banks are key beneficiaries as Asia’s capital markets continue to deepen in the...
Foxconn says third quarter to outperform market expectations on AI strength
Published Mon, Sep 7, 2026 · 12:09 PM[TAIPEI] Foxconn’s third-quarter performance is expected to outperform market expectations given strong AI-related demand, the Taiwanese contract electronics maker said on Saturday...
Hormuz traffic dips to lowest since May after US, Iranian strikes on ships
Commercial tankers now being deliberately used as instruments of reciprocal economic pressurePublished Mon, Sep 7, 2026 · 10:33 AM[SINGAPORE] An average of 10 commodity ships transited the Strait of...
iX Biopharma closes in on US military approval for pain drug
The company says it expects to complete its Emergency Use Authorization submission in Q4[SINGAPORE] iX Biopharma is clearing the path for its sublingual ketamine wafer to treat military casualties...
Gold holds decline as traders weigh prospects for US Fed rate hike
Published Mon, Sep 7, 2026 · 08:20 AMGOLD held a decline, after stronger-than-expected US payrolls data raised the prospects for an interest-rate hike as early as next week.Bullion was...
Oil gains as US attacks on Iranian ships raise escalation risks
Iran says a new restricted zone outside of Hormuz will be declared in the coming daysPublished Mon, Sep 7, 2026 · 07:36 AMOIL climbed after the US attacked Iranian...
