News
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...
Sembcorp expands Micron power deal to support AI growth
The chipmaker has begun construction on a Woodlands facility as part of a US$24 billion investment[SINGAPORE] Sembcorp Industries on Wednesday (Jan 28) said that its wholly owned subsidiary Sembcorp...
Chinese snack retailer Busy Ming surges 69% in Hong Kong debut
The company will use IPO proceeds for supply-chain improvement and product developmentPublished Wed, Jan 28, 2026 · 05:16 PM[SINGAPORE/HONG KONG] Busy Ming Group shares jumped 69 per cent in...
As the greenback dives, one of Asia-Pacific’s top-performing currencies is trouncing the Singdollar
The Australian dollar surges to its strongest position against the American currency in over two years[SINGAPORE] The US dollar skidded to a four-year low on Wednesday (Jan 28), sparking...
Ringgit rises to 2018 high buoyed by Trump
Central bank says economic fundamentals and government reforms will provide long-term support to ringgitPublished Wed, Jan 28, 2026 · 03:50 PM[KUALA LUMPUR] The Malaysian ringgit rose to its strongest...
Tether is shaking up the gold market with massive metal hoard
The company makes money from its dollar stablecoin that is the giant of the sector, with US$186 billion in circulation[LONDON] There are roughly 370,000 nuclear bunkers in Switzerland, a...
Hong Kong banks to see wealth ‘windfall’ as fees jump: report
Risk appetite also remains “firm” thanks to expectations of further interest rate cuts by the Federal Reserve through the yearPublished Wed, Jan 28, 2026 · 12:24 PM[HONG KONG] Hong...
China to favour Brazilian soybean imports in H1 despite renewed US inflows
Published Wed, Jan 28, 2026 · 11:39 AM[SINGAPORE] China is expected to boost imports of Brazilian soybeans in the first half of 2026, as record production and competitive prices...
MSCI halts Indonesia index changes, flags transparency risks
MSCI cited persistent “fundamental investability issues” and concerns over coordinated efforts to distort pricesPublished Wed, Jan 28, 2026 · 10:24 AMMSCI will pause certain index changes for Indonesian companies until regulators address concerns...
Indonesian equities plunge after MSCI flags ownership, free float concerns
Global index provider cites persistent ‘fundamental investability issues’ and concerns over coordinated efforts to distort prices[JAKARTA] Jakarta stocks tumbled on Wednesday (Jan 28) after global index provider MSCI said...
