News

Some sea carriers are imposing fuel surcharge for road transport
[SINGAPORE] Three of the top 10 shipping lines are implementing a fuel surcharge for their land transportation services amid rising fuel prices, driven by the effective blockage of a...
Top Ikea retailer to cut 800 office jobs
The cuts would impact office-based jobs across the group, mainly in Sweden and NetherlandsPublished Thu, Mar 19, 2026 · 08:56 PM[STOCKHOLM] The owner of most Ikea outlets worldwide said...
BOJ holds rates steady, warns of Iran war impact on inflation
Two hawkish board members dissent to the central bank’s projection on how soon inflation may durably hit its target Published Thu, Mar 19, 2026 · 12:21 PM — Updated...
Oil extends gains to rise 5.6% after Iran attacks Gulf energy facilities
The war has halted shipments via the Strait of Hormuz, which handles 20% of global oil and LNG supplyPublished Thu, Mar 19, 2026 · 06:26 AM[NEW YORK] Oil prices...
Grindr says users can now tap AI for better matches
Grindr Inc. has unveiled new features for its premium subscribers, hoping to leverage artificial intelligence to help users get better matches. The West Hollywood-based LGBTQ+ dating platform said Monday...
Samsung workers’ strike plan would disrupt chip supply, union chief says
Published Tue, Mar 17, 2026 · 10:06 AM[PYEONGTAEK, South Korea] The biggest workers’ union at South Korea’s Samsung Electronics has threatened to disrupt chip production as members vote on...
China’s ‘supergrid’ gives Xi buffer against energy shocks
The world’s No 2 economy has become one of the biggest investors in power grids globallyPublished Mon, Mar 16, 2026 · 12:23 PMCHINA’S long-running effort to build out its...
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...