News
DeepSeek to raise at least US$12 billion in Tencent-backed funding
The funding round sets the stage for one of the most highly anticipated Chinese market debuts in yearsPublished Tue, Oct 6, 2026 · 01:49 PMDEEPSEEK is close to securing at...
Singapore sets aside S$118 million for research into bio-based chemicals
The announcement comes as a new research centre opens, focusing on engineering biology[SINGAPORE] Some S$118 million in public funding has been set aside for research into producing chemicals from...
US$5 billion Firmus IPO divides investors after valuation triples in two months
Published Sun, Oct 4, 2026 · 04:24 PM[SYDNEY] As Australian data centre operator Firmus prepares to launch a US$5 billion initial public offering, the country’s second-largest ever, prospective investors...
Tesla’s EV sales top estimates with auto business rebounding
The automaker delivered 486,532 vehicles worldwide in the period, according to a statement on FridayPublished Fri, Oct 2, 2026 · 09:54 PMTESLA reported better-than-expected sales for the third quarter,...
US Fed’s Cook sees AI inflationary push as a top 2027 risk
Inflation has been above the Federal Reserve’s goal of 2% for more than 5 and a half yearsPublished Fri, Oct 2, 2026 · 06:25 AMFEDERAL Reserve Governor Lisa Cook...
Google wins dismissal of Chegg, Penske Media lawsuits over AI overviews
The companies allege the search engine giant unlawfully used their content in AI-generated summariesPublished Thu, Oct 1, 2026 · 10:57 PM[WASHINGTON] Alphabet’s Google has persuaded a US federal judge...
CapitaLand India Trust appoints new non-executive independent director
The board now comprises nine directors, seven of whom are non-executive independent[SINGAPORE] The manager of CapitaLand India Trust (Clint) on Wednesday (Sep 30) said it has appointed Pallavi Gopinath...
Vietcombank considering maiden public offshore bond issue: sources
Published Tue, Sep 29, 2026 · 03:23 PM[HANOI] Vietcombank, Vietnam’s largest lender, is discussing plans with foreign investment bankers to issue its first-ever public offshore bond, three people familiar...
PacificLight to pair new gas power plant with giant batteries in Singapore first
Battery usage allows for a larger gas turbine and addresses intermittency issues from solar power, says CEO[SINGAPORE] PLM Power, a unit of PacificLight Power, has started construction on the...
Oil, yields and gold: The three-way tug of war
GOLD’S problem is no longer simply geopolitics or the Fed. The missing link is oil. When geopolitical tensions push crude higher, gold initially benefits from the flight to safety....
