News

S&P 500, Nasdaq rise as tech, chipmakers rebound
Published Tue, Jun 9, 2026 · 05:46 AM[NEW YORK] US stocks ended mostly higher on Monday (Jun 8), led by gains in the Nasdaq and chipmakers as investors sought...
UK sets out £1.1 billion AI hardware plan with supercomputer, chip funding
£120 million will be set aside to help British companies to design, develop and test novel chipsPublished Mon, Jun 8, 2026 · 10:15 PM[LONDON] Britain set out a new...
Apple investors look for AI to power next leg of gains
Apple shares have largely managed to defy gravity for much of the last two years despite the lack of an AI offeringPublished Mon, Jun 8, 2026 · 09:18 PMAPPLE...
Bitcoin steadies after US$60,000 breach as Saylor hints at buying
Published Mon, Jun 8, 2026 · 08:26 PMBITCOIN steadied itself after dropping below the key threshold of US$60,000, as Strategy chairman Michael Saylor hinted at further purchases of the...
Indonesia asks police to probe hundreds of firms on palm prices
Published Mon, Jun 8, 2026 · 07:21 PMINDONESIA’S agriculture minister has asked police to investigate hundreds of palm oil companies that failed to pay farmers more as prices recovered...
China car sales downturn extends into May as Volkswagen tests EV revamp
Published Mon, Jun 8, 2026 · 05:57 PM[BEIJING] China’s car sales fell 22.1 per cent in May, underscoring the persistent weakness in the market that prompted the China Passenger...
Eni and Petronas launch gas joint venture in South-east Asia
The new company will start from an initial production base of over 300,000 barrels of oil equivalent per dayPublished Mon, Jun 8, 2026 · 04:55 PM[MILAN] Italy’s Eni and...
Europe’s Stoxx 600 hits two-week low on Middle East escalation, AI jitters
Published Mon, Jun 8, 2026 · 04:05 PMEUROPE’S Stoxx 600 share index slid to a two-week low on Monday (June 8), weighed by escalating tensions in the Middle East...
South Korea names first female PM in decades to lead AI push
She would become the first woman to hold the post since former PM Han Myeong Sook in 2006Published Mon, Jun 8, 2026 · 02:43 PMSOUTH Korean President Lee Jae...
Singapore well-placed to be Asean’s gold-trading hub as regional duties rise: analysts
Creating enough market depth and building the necessary infrastructure is thus a priority, they add [SINGAPORE] Singapore is in a prime position to establish itself as South-east Asia’s neutral clearing...
China’s global e-commerce push stalls as Iran war lifts costs, dampens demand
Soaring logistics costs stemming from the Middle East conflict are adding to the strain, data shows and industry insiders sayPublished Mon, Jun 8, 2026 · 12:56 PM[BEIJING/LONDON] China’s e-commerce...
Sell-off in tech stocks is a buying opportunity, Nvidia CEO says
Published Mon, Jun 8, 2026 · 11:42 AM[SEOUL] Nvidia chief executive officer Jensen Huang called a global tech stocks sell-off that began last week a buying opportunity, saying the...