News
DeepSeek prepares for IPO filing as soon as 2026, eyes US$71 billion valuation: FT
The startup begins talks with potential backers for a fresh funding round after closing a US$7 billion round of financingPublished Wed, Jul 15, 2026 · 11:57 AM[BEIJING] Chinese artificial...
Economists, tech leaders warn AI could bring ‘large-scale job displacement’ and other risks
Many of the smartest people in the world warned governments, companies and people Monday that they need to be ready for the deep impact that artificial intelligence is going...
DBS crosses S$200 billion in market capitalisation as earnings optimism drives Singapore bank rally
There could be more room to run ahead of the lenders’ Q2 results release in August, say analysts[SINGAPORE] Shares of Singapore’s three local banks have surged to record levels...
SK Hynix debut is a bet that AI breaks boom-and-bust chip cycle
It raised US$26.5b with its offering, and much of that is going toward expanding chip manufacturingPublished Sun, Jul 12, 2026 · 10:18 PMSOUTH Korean memory chipmaker SK Hynix just...
Shein wins Chinese approval for Hong Kong IPO
Published Fri, Jul 10, 2026 · 05:47 PM[HONG KONG] China approved fast-fashion retailer Shein’s long-awaited Hong Kong IPO on Friday (Jul 10), a notice posted on the China Securities...
Del Monte Pacific defends going-concern status after SGX flags US$787m net current liabilities
The dual-listed canned food producer says its operating business remains ‘fundamentally sound’[SINGAPORE] Del Monte Pacific has defended its ability to remain a going concern, pushing back against regulatory concerns...
Oil settles at multi-week high as US-Iran truce buckles under fresh hostilities
Published Thu, Jul 9, 2026 · 06:22 AMCRUDE oil prices settled nearly 5 per cent higher on Wednesday (Jul 8) after US President Donald Trump threatened fresh strikes against Iran, raising...
European shares post worst day since March; Trump threat rattles Spanish stocks
Published Thu, Jul 9, 2026 · 05:58 AMEUROPEAN shares posted their steepest one-day drop since mid-March on Wednesday after US President Donald Trump cast fresh doubt over peace prospects...
Stocks to watch: Frasers Property, ESR-Reit, Foundation Healthcare
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 8): ESR-Reit : The real estate investment trust (Reit) is set to...
Hong Kong begins trial operation of New gold clearing system
Published Tue, Jul 7, 2026 · 10:34 AMHONG Kong has launched a trial operation of a new gold clearing system, backed by several major banks, in a key step...
