News

US begins emergency oil reserve release of 86 million barrels
Published Sat, Mar 14, 2026 · 01:49 PM[WASHINGTON] The Trump administration started the process of a mammoth drawdown of the US emergency oil reserve, issuing a request to exchange...
US begins emergency oil reserve release of 86 million barrels
Published Sat, Mar 14, 2026 · 01:49 PM[WASHINGTON] The Trump administration started the process of a mammoth drawdown of the US emergency oil reserve, issuing a request to exchange...
Singtel launches US$250M AI growth fund
[SINGAPORE] Singtel’s wholly owned corporate venture capital arm has launched a new US$250 million artificial intelligence (AI) growth fund to invest in high-growth AI startups globally and accelerate applied...
Iran not going to close Strait of Hormuz, Iran UN envoy says
Published Fri, Mar 13, 2026 · 07:16 AMIRAN’S UN ambassador said on Thursday Tehran was not going to close the Strait of Hormuz, but added that it was Iran‘s right...
Beijing rejects Sinopec’s request to tap commercial reserve: sources
Published Thu, Mar 12, 2026 · 07:47 PM[BEIJING] China has rejected a request by refining major Sinopec to access 13 million tonnes (95 million barrels) of national commercial reserves...
Wall St opens mixed as investors assess inflation data
Published Wed, Mar 11, 2026 · 09:43 PM[NEW YORK] Wall Street’s main indexes opened mixed on Wednesday (Mar 11) as investors assessed a key inflation report.The Dow Jones Industrial...
IndiGo CEO Pieter Elbers resigns months after mass India flight cancellations
The sudden resignation creates leadership uncertainty at India’s largest airline Published Tue, Mar 10, 2026 · 10:29 PM[NEW DELHI] IndiGo’s chief executive officer Pieter Elbers has resigned with immediate...
MAS greenlights bid by Gordon Tang’s Acrophyte to acquire Suntec Reit manager for S$190 million
The property tycoon made a failed attempt to acquire all units of the real estate investment trust in 2024 [SINGAPORE] Property tycoon Gordon Tang’s Acrophyte Asset Management has received...
Iran war sends US crude futures up 12% a barrel
Published Sat, Mar 7, 2026 · 07:34 AM[HOUSTON] US crude oil futures climbed more than 12 per cent on Friday (Mar 6), but remained under Brent as buyers sought...
Asian stocks drop as war drags on, crude oil falls
Published Fri, Mar 6, 2026 · 10:04 AMASIAN equities fell on Friday, leaving markets on track for their steepest weekly loss in six years as the protracted Middle East...
‘Really different’: SGX RegCo’s Tan Boon Gin looks to exorcise S-chip ghosts
The regulator’s chief is confident that the ‘second’ coming of Chinese listings will not lead to a repeat of corporate governance scandals[SINGAPORE] The mention of “S-chips” – China-based businesses,...
Billionaire sitting on 16,000 kilos of gold says price will rise
The precious metal has surged more than 75% in a year to trade above US$5,000 an ounce Published Thu, Mar 5, 2026 · 12:03 PM[DUBAI] Joy Alukkas, an Indian...