News
Oil posts weekly losses as US set to impose tariffs on Canada, Mexico
Oil prices eased on Friday (Jan 31) and closed the week lower as investors awaited 25 per cent tariffs by the US on Canada and Mexico, expected on Saturday.Brent...
Europe: Stoxx 600 logs longest weekly winning streak in 10 months
European shares closed at a record high on Friday (Jan 31), led by technology stocks, as earnings from companies such as Novartis and Hexagon overshadowed concerns over economic recovery.The...
US: Wall Street ends lower as White House says Trump to implement tariffs
US stocks ended lower on Friday (Jan 31), with indices losing ground after the White House said US President Donald Trump will implement on Saturday tariffs of 25 per...
India central bank injects US$5.10 billion via FX swap to ease cash crunch
INDIA’S central bank injected US$5.10 billion through a foreign-exchange swap auction, using the tool for the first time in five years to ease a severe cash crunch plaguing the...
DBS signs mandates for Singapore listings with potential valuations of US$1 billion
DBS, South-east Asia’s biggest bank, has several listings lined up for the Singapore market, including some potential blockbusters with valuations of US$1 billion.
Clifford Lee, the global head of investment...
CCCS gives conditional OK to expanding SIA-Lufthansa JV to step up air passenger services in more markets
THE Competition and Consumer Commission of Singapore (CCCS) announced on Friday (Jan 31) that it has conditionally approved the proposed expansion of a 2016 joint venture between Singapore Airlines...
Singapore shares track regional gains on Friday; STI up 1.4%
SINGAPORE shares tracked regional gains on Friday (Jan 31), ending the week higher after markets reopened following the two-day break for Chinese New Year. The benchmark Straits Times Index...
Waymo is getting ready to tackle Los Angeles’ freeways. How have the robotaxis fared so far?
Waymo’s fleet of electric, self-driving taxis has been available for hire in parts of Los Angeles for a few months now. And in a post on X this week,...
Who is Liang Wenfeng, the geek behind DeepSeek?
The rise of Chinese artificial intelligence (AI) firm DeepSeek caused a meltdown in US tech stocks on Monday (Jan 27). Nvidia on Monday suffered a wipeout of nearly US$600...
Singapore’s data centre Reits fall on DeepSeek threat; analysts warn of fallout
Analysts warned that companies in the artificial intelligence (AI) ecosystem – including in Singapore – could be hit after the rise of Chinese AI firm DeepSeek caused a meltdown...
