News

Fund managers quit to trade their own money in Taiwan stock boom
[TAIWAN] The world’s biggest equity rally is creating an unusual bout of Fomo among Taiwan’s professional stock pickers.Barred by local regulations from owning individual stocks in their personal accounts,...
Tesla showcases long-awaited Roadster with aerial tricks
Published Fri, Oct 16, 2026 · 11:18 AM[AUSTIN, TEXAS] Tesla is hoping a flight demonstration can give its ground-bound auto business a lift.The electric vehicle maker unveiled its long-delayed...
Palm oil stocks slide after Singapore begins looking into which firms responsible for haze
Where warranted, the Republic will take action under its Transboundary Haze Pollution Act[SINGAPORE] Shares of palm oil producers fell on Friday (Oct 16) after Singapore Prime Minister Lawrence Wong...
Gold eases after climbing over 1% in previous session
Published Fri, Oct 16, 2026 · 09:07 AM[BENGALURU] Gold prices inched lower during early Asia trade on Friday (Oct 16) after rising more than 1 per cent in the...
JPMorgan, Goldman boost yield on Volta AI loan to lure investors
The banks have been marketing the offering for since last week and sold it on ThursdayPublished Fri, Oct 16, 2026 · 08:07 AMJPMORGAN Chase and Goldman Sachs Group hiked...
Netflix names ex-Disney TV chair Peter Rice content chief
The move comes in a week that saw the streaming TV giant lay off some 1,000 workersPublished Fri, Oct 16, 2026 · 06:57 AMNETFLIX is removing Bela Bajaria from...
Brent steady as US weighs easing sanctions on global ‘shadow fleet’
Published Fri, Oct 16, 2026 · 06:13 AM[HOUSTON] Brent was little changed on Thursday (Oct 15) as investors weighed possible US steps to ease restrictions on the world’s “shadow...
IEA to speed up release of oil stocks, including over 20 million barrels of diesel
The move follows US pressure over current plans not going far enough to quell rising fuel pricesPublished Thu, Oct 15, 2026 · 11:35 PMTHE International Energy Agency (IEA) on...
Singapore Airlines flight returns to San Francisco after ‘unruly’ passenger incident
[SINGAPORE] A Singapore Airlines (SIA) flight bound for Singapore returned to San Francisco after an “unruly” passenger injured himself on board.Flight SQ31 departed San Francisco at 11.51 am local...
Nasdaq nears one-month low as AI stocks slide on debt concerns
Published Thu, Oct 15, 2026 · 09:56 PMTHE Nasdaq fell to near one-month lows on Thursday (Oct 15) as fears of a hit to artificial-intelligence investments from higher interest...
European shares slip as tech rout offsets earnings support
Published Thu, Oct 15, 2026 · 05:49 PMEUROPEAN shares inched lower on Thursday (Oct 15) as a global rout in AI-related stocks, sparked by fears of increasing borrowing costs,...
South-east Asia fintech funding trebles to US$2.3 billion in 9M 2026 even as deal volume sinks
[SINGAPORE] South-east Asian fintech startups raised US$2.3 billion in the first nine months of 2026, driven by a handful of “mega-rounds” that masked a steep drop in broader regional...