News

Labor unions urge Gov. Gavin Newsom, California lawmakers to rein in artificial intelligence
SACRAMENTO — National union leaders, including the head of one of California’s largest labor organizations, on Wednesday urged Gov. Gavin Newsom to protect workers as artificial intelligence threatens to replace or...
‘We want to be a dominant player’: DBS targets S$100 billion in cross-border flows by 2030
The lender plans to roll out same-day outbound remittances from China by the second half of 2026 [SINGAPORE] DBS is aiming to reach S$100 billion in consumer cross-border flows...
Indonesia’s moment of truth creates space for India-style rally
The core issues, chronically low free float and thin liquidity, have long weighed on the market’s appeal[SINGAPORE] A looming MSCI downgrade has plunged Indonesia’s stock market into a once-in-a-generation...
Choppy markets threaten ECB’s ‘good place’ but rates still firmly on hold
The euro zone’s central bank has been on hold since ending a year-long run of rate cuts in JunePublished Thu, Feb 5, 2026 · 09:14 AM[FRANKFURT] The European Central...
Stocks to watch: Keppel, SGX, CLCT, Aims Apac Reit, Digital Core Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Feb 5):  Source link
Boeing to cut around 300 defence division supply chain jobs
The workforce reduction comes at a time when companies are paring jobs and closely monitoring headcountPublished Thu, Feb 5, 2026 · 08:07 AM[LOS ANGELES] Boeing is eliminating about 300...
Google parent Alphabet says it could double capital spending in 2026
The big cloud companies are expected to collectively shell out more than US$500 billion on AI this yearPublished Thu, Feb 5, 2026 · 06:31 AM[SAN FRANCISCO] Alphabet said on...
US software stocks hit by Anthropic wake-up call on AI disruption
Published Thu, Feb 5, 2026 · 12:02 AM[NEW YORK] US software stocks extended their slide on Wednesday, driven by fears of disruption caused by artificial intelligence, with some analysts...
Nasdaq mulls new ‘fast entry’ rule ahead of big IPOs such as SpaceX’s
It allows new listings to join the Nasdaq 100 after the first 15 trading days, against the current waiting period of at least 3 monthsPublished Wed, Feb 4, 2026...
Dow edges up as Lilly, Super Micro earnings cushion software jitters
Published Wed, Feb 4, 2026 · 10:42 PM[NEW YORK] The S&P 500 opened largely flat and the Dow marginally higher on Wednesday (Feb 4), following upbeat results from Eli...
Automakers in China roll out longer-term financing plans to spur demand
Customers buying Dongfeng Nissan’s Sylphy Classic model will need to make a daily repayment of as low as 27 yuan over 8 yearsPublished Wed, Feb 4, 2026 · 09:35...
Uber forecasts profit below estimates as cheaper rides boost trips but hurt margins
Published Wed, Feb 4, 2026 · 08:11 PM[SAN FRANCISCO] Uber Technologies forecast first-quarter profit below market expectations and missed fourth-quarter estimates on Wednesday (Feb 4), as margins took a...