News

Nvidia, Microsoft, Amazon in talks to invest up to US$60 billion in OpenAI, The Information reports
Published Thu, Jan 29, 2026 · 11:40 AMNVIDIA, Amazon and Microsoft are in talks to invest up to US$60 billion in OpenAI, The Information reported on Wednesday.Nvidia, an existing...
Indonesia shares pare losses after authorities pledge to address MSCI’s transparency concerns
Indonesia shares are hit by second trading halt after MSCI flags transparency concerns[JAKARTA] Indonesian shares pared earlier losses on Thursday (Jan 29) to close lower after the authorities pledged...
MBS Q4 earnings surpass S$1 billion to set new record
[SINGAPORE] Marina Bay Sands (MBS) delivered “simply the greatest quarter in the history of casino hotels”, said Las Vegas Sands (LVS) chairman and chief executive officer Rob Goldstein in...
Meta leans on improved ad business to fuel massive AI spending
Investors have historically been anxious about whether the company’s businesses will benefit meaningfully from its hefty AI investmentsPublished Thu, Jan 29, 2026 · 10:04 AM[SAN FRANCISCO] Meta Platforms’ better-than-expected...
Goldman Sachs cuts rating on Indonesian equities after MSCI flags investability risk
Published Thu, Jan 29, 2026 · 08:59 AM[SINGAPORE] Goldman Sachs lowered its rating on Indonesian equities on Thursday, a day after index provider MSCI flagged investability risks, predicting passive...
ServiceNow strong results overshadowed by AI disruption fear
Like its peers, the company has worked to weave generative AI features through its tools and charge more for themPublished Thu, Jan 29, 2026 · 07:48 AM[SAN FRANCISCO] ServiceNow...
Nvidia helped DeepSeek hone AI models later used by China’s military, lawmaker says 
Nvidia’s H800 chip was designed for the China market and sold there before H800s were put under US export controls Published Thu, Jan 29, 2026 · 06:52 AM[SAN FRANCISCO]...
Tesla reveals plans for US$2 billion investment in Musk’s xAI
The EV maker has been increasingly emphasising AI, driverless technology and humanoid robotsPublished Thu, Jan 29, 2026 · 06:16 AM[AUSTIN] Tesla revealed plans to invest US$2 billion into chief...
European shares slip as luxury stocks struggle
Published Thu, Jan 29, 2026 · 06:01 AMEUROPEAN shares fell on Wednesday, weighed down by a slide in luxury stocks, while caution prevailed ahead of a run of tech sector...
US stocks: S&P 500 dips slightly after Fed keeps rates steady as expected
Published Thu, Jan 29, 2026 · 05:54 AMTHE S&P 500 closed slightly lower and the Nasdaq advanced modestly on Wednesday as investor reactions were muted after the Federal Reserve...
Mapletree Industrial Trust Q3 DPU falls 7% to S$0.0317 
The manager remains committed to its divestment target of S$500 million to S$600 million in North America [SINGAPORE] Mapletree Industrial Trust (MIT) posted a distribution per unit (DPU) of...
Pinterest to cut up to 15% of its workforce as focus on AI intensifies
Pinterest said Tuesday it’s planning to slash up to 15% of its workforce.The San Francisco-based image-sharing platform used for inspiration for home decor, fashion and other interests is laying...