News
Gold extends losses on US interest rate-hike fears
Published Mon, Jun 8, 2026 · 10:11 AM[BENGALURU] Gold edged lower on Monday (Jun 8), extending losses from the previous session on US rate-hike concerns, while renewed hostilities in...
Tech rout sweeps Asia as AI rally jitters spark sell-off
[SINGAPORE] A rotation out of technology stocks swept through Asian markets on Monday (Jun 8), as investors grew concerned that the artificial intelligence-driven rally may have run ahead of...
Lum Chang Creations says still evaluating mainboard transfer due to ‘market volatility’
LCC says that it will also hold off on the listing and quotation of the bonus shares[SINGAPORE] Catalist-listed Lum Chang Creations (LCC) on Monday (Jun 8), said that it...
AI-linked layoffs in US spark new wave of one-person start-ups
[PHILADELPHIA] On the day Meta began implementing its plan to lay off a tenth of its workforce, a one-time employee, Qu Xiaoyin, saw her chance.“We rented an LED truck...
DBS Research and UOBKH eye Singtel, Venture as top picks for June
Singtel’s 18% drop from a March peak is an ‘opportunity to add’, while Venture’s revenue may be boosted by AI[SINGAPORE] DBS Group Research added telecom giant Singtel to its...
Banks lay groundwork for mass workforce cuts as AI takes hold
Following recent comments by CEOs, industry workers have been left dazed about whether their jobs are safe[LONDON] In the the hope he’ll land a job in finance, Andre Bonnick...
Trump says Fed rate increase would be wrong, again calls for cut
Published Sun, Jun 7, 2026 · 11:34 PM[WASHINGTON] President Donald Trump said Federal Reserve policymakers would be wrong to raise interest rates after a blowout US jobs report, while...
South Korea unveils measures to stem won slide, curb speculation
These include tighter scrutiny of offshore currency derivatives and probes into potentially illegal FX transactionsPublished Sun, Jun 7, 2026 · 06:35 PM[SEOUL] South Korea laid out a series of...
SIA Engineering, France’s Safran in US$118 million JV for aircraft engine maintenance in Singapore
The two will establish a full-fledged shop for maintenance of CFM Leap aircraft engines[SINGAPORE] SIA Engineering Company (SIAEC) has partnered French aerospace giant Safran Aircraft Engines in a US$118...
With new S$10 million HQ, Jumbo Group looks to Shanghai-focused China strategy, premium dining for growth
Group CEO Ang Kiam Meng is confident that the group’s bottom line will improve in FY2027 as its investments begin to bear fruit[SINGAPORE] Catalist-listed seafood restaurant group Jumbo is...
