News

Oil jumps 7% on escalating Middle East airstrikes
Published Thu, Jul 30, 2026 · 06:20 AM[NEW YORK] Oil prices climbed about 7 per cent on Wednesday as airstrikes resumed in the Middle East, adding to worries about dwindling...
European shares fall as mixed luxury company earnings weigh
Published Thu, Jul 30, 2026 · 06:03 AMEUROPEAN shares edged lower on Wednesday (Jul 29), as diverging results from French luxury groups weighed on the broader sector.The pan-European Stoxx 600 index...
Ferrari has already hit 2026 sales target for Luce EV
Published Wed, Jul 29, 2026 · 11:20 PM[ROME] Ferrari has hit its annual sales target for its first-ever electric vehicle on the back of strong demand from China, the...
US dollar retreats from one-month highs ahead of Fed decision
Published Wed, Jul 29, 2026 · 08:38 PM[SINGAPORE] The US dollar paused for breath on Wednesday (Jul 29), but held near one-month highs, as investors awaited a Federal Reserve...
Vietnam set to widen graft probe of US$16 billion airport project
Published Wed, Jul 29, 2026 · 07:21 PM[HANOI] Vietnam’s Government Inspectorate has recommended further investigation into alleged bidding violations at Long Thanh International Airport, expanding a probe that has...
Singtel explores Nasdaq-SGX dual listing for data centre arm Nxera, local data centre Reit
Shareholders also press the board on KPMG’s reappointment after confidentiality lapse involving Optus[SINGAPORE] Singtel on Wednesday (Jul 29) said that it was considering a dual listing on Nasdaq and...
Digital Core Reit’s H1 DPU flat at US$0.018
[SINGAPORE] Digital Core Reit ’s distribution per unit stood flat at US$0.018 for its first half ended Jun 30, 2026, unchanged from the year-ago period.Revenue was down 0.4 per...
OpenAI bot’s rogue attack rattles industry leaders, policymakers and consumers
What will happen to the world if artificial intelligence bots break free from our control and act independently?While it’s been a troubling conundrum addressed by AI experts and Hollywood...
Hermès sales rise as brand shows resilience during luxury slump
Published Wed, Jul 29, 2026 · 04:06 PM[PARIS] Hermès sales rose in line with expectations as the Birkin bag maker weathered a downturn in the demand for luxury goods...
US bans new Chinese humanoid robots to shield AI buildout from national security risks
‘Stop smearing Chinese companies and threatening them with sanctions,’ says Chinese embassy in WashingtonPublished Wed, Jul 29, 2026 · 02:50 PM[WASHINGTON] The Trump administration on Tuesday (Jul 28) unveiled...
Airbus A350 jet flies 24 hours nonstop from Australia to France in record-breaking flight
Airbus said the aircraft remained in the air for 24 hours and 24 minutes, covering 23,075 km without stoppingPublished Wed, Jul 29, 2026 · 12:51 PMAIRBUS completed a marathon...
OCBC to use agentic AI to cut wealth onboarding time to 15 business days
The Helios platform will move the due diligence process before the relationship manager meets a prospective customer[SINGAPORE] OCBC is looking to cut onboarding time for its wealth clients to...