News
EU carmakers hail deal on emissions that opens door to the UK
It is a key step towards providing more breathing room for carmakers and some of their top suppliersPublished Sat, Oct 17, 2026 · 10:35 AM[PARIS] Europe’s auto industry welcomed...
DBS remains analysts’ pick ahead of Q3 earnings after Singapore banks’ share slump
Still, the lending environment remains ‘favourable’; calls on OCBC and UOB are mixed[SINGAPORE] Analysts remain upbeat on DBS , even after a sell-off in the trio of local banks...
SIA passenger traffic up 2.8% in September; cargo demand jumps on AI, chip shipments
The group carries 3.5 million passengers during the month, while cargo loads rise 9.4% year on year[SINGAPORE] Singapore Airlines (SIA) Group’s passenger traffic rose 2.8 per cent year on...
Anthropic works to bring frontier AI models ‘on soil’ in Singapore, signs government pact
The Claude developer is building its team here, but there are no plans for a research operation – for now[SINGAPORE] Anthropic is working to bring its most advanced artificial...
Goldman’s equity traders post big haul as credit, rates miss
Fixed-income and commodities traders bring in US$3.47 billion, much lower than expectedPublished Tue, Oct 13, 2026 · 09:34 PMGOLDMAN Sachs’ equities traders blew past expectations in the third quarter,...
‘Wasting money, spending tokens’: Companies still in search of AI use cases with worthwhile ROI, says Broadcom’s Hock Tan
Both he and Intel CEO Tan Lip-Bu suggest that capital could be AI’s next biggest bottleneck[SINGAPORE] Most companies are still trying to arrive at use cases for artificial intelligence...
Soaring freight rates threaten Asia’s appetite for US crude
Chartering a very large crude carrier to carry 2 million barrels of US oil from the Gulf of Mexico to China hit US$80 million in NovemberPublished Fri, Oct 9,...
Oil jumps 5%, then pares gains after Trump says no attack on Iran in October
Published Fri, Oct 9, 2026 · 06:41 AM[HOUSTON] Oil prices jumped more than 5 per cent on Thursday (Oct 8), then pared gains after US President Donald Trump said...
Japan, South Korea shares fall as Asian stocks drop on inflation fears, oil gains
Published Thu, Oct 8, 2026 · 10:03 AMASIAN stocks declined, tracking moves on Wall Street, as elevated oil prices stoked inflation concerns and technology shares came under renewed pressure.MSCI’s...
Samsung reaches new profit record with memory chip windfall
Operating profit climbs to 107.4 trillion won, lifted by high-bandwidth memory demandPublished Thu, Oct 8, 2026 · 09:04 AM[SEOUL] Samsung Electronics posted another record profit that was just shy...
