News
Samsung ordered to pay Swatch US$11. 6 million over copied smartwatch apps
The Swiss watchmaker sought about US$170 million from the Korean technology giantPublished Wed, Aug 26, 2026 · 11:15 PM[LONDON] Samsung Electronics was ordered to pay Swatch Group US$11.6 million...
Wall St slips at open after inflation data; Nvidia in focus
Published Wed, Aug 26, 2026 · 09:44 PM[NEW YORK] Wall Street’s main indexes opened lower on Wednesday (Aug 26) after hotter-than-expected inflation data reinforced bets on another quarter-point Federal...
Owner of Indonesian coal mining giant Bayan in talks on sale
Billionaire Low Tuck Kwong – who owns 40 per cent of Bayan – is said to be negotiating with potential buyersPublished Wed, Aug 26, 2026 · 08:46 PMTHE owner...
Thomson Medical narrows H2 net loss to S$19.5 million on lower goodwill impairment, finance costs
The group’s loss per share has improved to S$0.00074, from S$0.00131 a year earlier[SINGAPORE] Healthcare operator Thomson Medical narrowed its net loss for the second half ended Jun 30...
Singapore’s asset management ambitions face next test as industry seeks speed and clarity
Latest measures are welcomed but questions remain over eligibility, tax treatment and implementation[SINGAPORE] Greater clarity, speed and workable rules are among requests that industry players have in Singapore’s latest...
CEO of Australia’s US$255 billion sovereign wealth fund quits
Published Wed, Aug 26, 2026 · 04:27 PM[SYDNEY] Australia has embarked on a global search to fill one of its highest-profile investment roles after the longtime head of its...
Two more close calls at Sydney Airport add to safety concerns
The incidents highlight a persistent shortage of air traffic controllers at Australia’s busiest airportPublished Wed, Aug 26, 2026 · 01:23 PMAUSTRALIAN authorities are investigating two more aircraft taxiing incidents...
IHH seeks larger Fortis stake, 10,000 bed capacity in India as it expands global reach
[DELHI] IHH Healthcare is ramping up the expansion of its Indian healthcare business Fortis Healthcare, with the aim to nearly double the Indian hospital operator’s capacity to about 10,000...
Meta, US states have discussed settling teen social media case
Published Wed, Aug 26, 2026 · 10:23 AMMETA Platforms and state attorneys general have discussed a possible mid-trial settlement of a blockbuster case accusing the company of deliberately designing Facebook...
Australia’s Lynas posts sharp rise in annual profit, but misses market estimates
Published Wed, Aug 26, 2026 · 09:14 AMAUSTRALIA’S Lynas Rare Earths reported a sharp rise in annual profit on Wednesday (Aug 25), helped by record average selling prices for...
