News

DBS planning successor for long-term chairman Peter Seah: Bloomberg
This follows an announcement that Seah is resigning from his chairman post at the National Wages CouncilPublished Wed, Aug 19, 2026 · 02:39 PM[SINGAPORE] DBS is working on a...
Reserve Bank of Australia’s deputy governor warns of higher rates if inflation risks crystallise
Published Wed, Aug 19, 2026 · 12:26 PM[SYDNEY] Australia’s central bank will have to raise interest rates again if upside risks to inflation crystallise, a top official said on...
Australia executes search warrant on WiseTech for documents, shares skid 12%
Its stock has lost nearly 70% of its value since allegations about former chief Richard White’s personal life first emergedPublished Wed, Aug 19, 2026 · 11:30 AMAUSTRALIA’S competition regulator...
Five Japan Home stores shutter; staff say Valu$ taking over operations
Valu$ operator has stake in both businesses; BT has sent queries on takeover extent[SINGAPORE] Household retail chain Japan Home has shuttered some of its stores in Singapore since June...
Hong Kong Exchanges’ non-equity push seen as key for stock boost
Fixed‑income related revenues are expected to become a new growth curve for the bourse operatorPublished Wed, Aug 19, 2026 · 10:07 AM[HONG KONG] With record trading volumes and new...
Gold holds losses as bond sell-off, Hormuz limbo weigh on outlook
This snapped a two-day rise as a bond rout lifted yields and the US dollar – twin headwinds for the precious metalPublished Wed, Aug 19, 2026 · 08:55 AM[SINGPAORE]...
UOB prices US$1.4 billion floating rate covered bonds due 2030
[SINGAPORE] UOB on Wednesday (Aug 19) said that it has priced £1 billion (US$1.4 billion) floating rate covered bonds due February 2030.The issue date of the covered bonds is...
US securities regulator proposes long-awaited crypto rules
The proposal would allow a one-time exemption for crypto companies to issue up to US$5 million in crypto tokens during a four-year periodPublished Wed, Aug 19, 2026 · 07:06 AM[WASHINGTON] The US Securities...
Oil closes at three-week high as hopes of US-Iran peace deal fade
Published Wed, Aug 19, 2026 · 06:08 AM[NEW YORK] Oil prices settled at their highest level in more than three weeks on Tuesday (Aug 18) after Iran said it would...
‘Brazen act of self-dealing’: Democrats seek to block a Trump-linked crypto bank
WASHINGTON — Federal regulators have given preliminary approval for a cryptocurrency venture tied to President Trump and his family to operate a digital-asset bank, a decision that has drawn immediate condemnation...
‘The young ones are the best ones’: Meta on trial for alleged effort to hook kids
California launched a salacious opening to its hotly anticipated multistate lawsuit against Meta on Tuesday morning, detailing the tech titan’s focus on its preteen users in language that could...
OpenAI introduces ‘ChatGPT for Teens’ as AI safety concerns mount
OpenAI, the maker of artificial intelligence chatbot ChatGPT, is rolling out an experience for teens that includes safety and learning features. The global introduction of “ChatGPT for Teens” comes...