News

SIA Engineering, Air India ink MOU to explore MRO collaboration opportunities
[SINGAPORE] SIA Engineering and Air India on Friday (Jul 3) signed a memorandum of understanding (MOU) to explore opportunities to collaborate in maintenance, repair and overhaul (MRO) aspects.This move...
Gold jumps 2.8% after soft US job numbers ease Fed rate hike fears
Traders now see a nearly 51% chance of a rate hike by September, down from 66% previously, says CME FedWatch tool  Published Fri, Jul 3, 2026 · 08:50 AM[LONDON/...
Hong Kong’s assets under management grow to record US$5.38 trillion: survey
It has been considering waiving tax on fund managers’ performance bonuses to woo investment talentPublished Thu, Jul 2, 2026 · 07:45 PMHONG Kong’s assets under management surged 20 per...
DBS seen to benefit from China’s tighter grip on wealth flows: report
Published Thu, Jul 2, 2026 · 11:02 AM[SINGAPORE] DBS is “best positioned” among lenders in Singapore to benefit from China’s sweeping measures to stem capital flight as it leans...
Wall St slips at open as US-Iran tensions cloud start to second half
Published Wed, Jul 1, 2026 · 09:47 PM[NEW YORK] Wall Street’s main indexes opened lower on Wednesday (Jul 1) as fresh US-Iran tensions cast doubt over peace in the...
Frasers Centrepoint Trust to sell White Sands mall for S$467 million
[SINGAPORE] Frasers Centrepoint Trust (FCT) is divesting White Sands mall for S$467 million, which represents an 8.4 per cent premium over an independent valuation as at May 31, 2026,...
European shares steady as tech gains offset Middle East caution
Published Mon, Jun 29, 2026 · 05:10 PMEUROPEAN shares were steady on Monday (Jun 29), underpinned by gains in technology stocks, while investors mulled over the durability of an...
S&P 500 ends lower; chips tumble and Moderna rallies
Published Sat, Jun 27, 2026 · 07:50 AM[NEW YORK] The S&P 500 ended marginally lower on Friday (Jun 26), with a steep drop in AI-related chip stocks and sharp...
Samsung Group to unveil 1,000 trillion won South Korea investments, including for chip plants: report
The chipmakers have faced political pressure to invest more in other areas of the countryPublished Fri, Jun 26, 2026 · 10:49 AM[SEOUL] Samsung Group will announce on Monday (Jun...
SpaceX, Unitree, Anthropic, OpenAI: Is the ultra-hyped tech listing wave backed by sound fundamentals?
BT looks at what analysts are saying about the current and upcoming tech IPO headliners[SINGAPORE] A growing wave of ultra-hyped tech listings is driving investors to assess whether current...
Singapore to introduce new corporate structure for insurance, speed up approval of new fund types: DPM Gan
Initiatives are part of Republic’s push to build ‘trusted market infrastructure for Asia’s next phase’[SINGAPORE] Singapore will introduce a new corporate structure for the insurance sector called the protected...
Kids sit in windows as Waymo travels through Westside. Witness alerts company; car doesn’t stop
Look, Ma, no hands! Three boys turned a Waymo ride into a wind-in-their-hair joyride late Friday afternoon in Santa Monica.Local resident Rojia Shahsavani, who was out around 6 p.m....