News

San Francisco Bay Area dethroned as largest ‘tech talent’ market
The San Francisco Bay Area, epicenter of the artificial intelligence boom, is home to a massive amount of tech workers employed by some of the world’s most valuable companies,...
Moderna’s 177% surge burns shorts in ‘painful’ US$5.5 billion loss
The firm’s stock price soars after it says its personalised cancer vaccine helps reduce the recurrence of melanoma in trialPublished Thu, Aug 20, 2026 · 05:58 PM[CAMBRIDGE, Massachusetts] A...
SK Hynix moves to calm market with US$29 billion share buyback
Published Thu, Aug 20, 2026 · 04:15 PMSK HYNIX unveiled plans to buy back 40 trillion won (US$29 billion) of stock and return more profits to investors, moving to...
Samsung, SK Hynix prep record shareholder returns amid AI boom
Samsung to announce plan worth more than US$72 billion; SK Hynix will buy back US$29 billion of stockPublished Thu, Aug 20, 2026 · 03:53 PMSAMSUNG Electronics and SK Hynix...
Move over, CSI 300? Why the Star 50 is the index that matters amid China’s AI boom
CXMT, now the most valuable Chinese company, is widely expected to be included in the Star 50 by the end of 2026Published Thu, Aug 20, 2026 · 02:37 PMINVESTORS...
Mercedes-Benz debuts Studio lifestyle concept in South-east Asia with Singapore branch
It is located at Gardens by the Bay and open to the public from Sep 2; new GLC electric vehicle also unveiled[SINGAPORE] The first Mercedes-Benz Studio lifestyle space in...
Hong Kong’s student housing crisis spurs bank lending boom
The city’s loan bankers find a new sweet spot – turning old buildings into student dormitories[HONG KONG] The aging Regal Oriental Hotel is hardly a Hong Kong hotspot, yet...
Apple’s camera-equipped AI AirPods remain on track for 2027 despite video leak
The new earbuds are designed to vault the iPhone maker into the AI wearables marketPublished Thu, Aug 20, 2026 · 11:22 AM[LOS ANGELES] An Apple effort to sell camera-equipped...
CK Hutchison seeks US$1.5 billion from Panama in treaty dispute arbitration
The legal tussle has complicated the group’s plan to sell dozens of ports worldwidePublished Thu, Aug 20, 2026 · 10:14 AMCK HUTCHISON said on Thursday (Aug 20) it had launched international...
AIA Group posts 10% jump in half-year new business value
Published Thu, Aug 20, 2026 · 09:43 AMINSURER AIA Group posted a 10 per cent jump in half-year value of new business (VONB) on Thursday (Aug 20), boosted by...
OCBC prices £1 billion floating rate covered bonds due 2029
They are expected to be issued on Aug 26 and listed on the Singapore Exchange on Aug 27[SINGAPORE] OCBC has priced £1 billion (S$1.7 billion) in aggregate principal amount...
AI, energy security needs are driving surge in South-east Asia’s energy infrastructure deals
The deal value in the region is up 2.5 times year on year to US$9.2 billion in Q1, based on CGSI data[SINGAPORE] The number of deals in South-east Asia...