News
Tesla reveals plans for US$2 billion investment in Musk’s xAI
The EV maker has been increasingly emphasising AI, driverless technology and humanoid robotsPublished Thu, Jan 29, 2026 · 06:16 AM[AUSTIN] Tesla revealed plans to invest US$2 billion into chief...
European shares slip as luxury stocks struggle
Published Thu, Jan 29, 2026 · 06:01 AMEUROPEAN shares fell on Wednesday, weighed down by a slide in luxury stocks, while caution prevailed ahead of a run of tech sector...
US stocks: S&P 500 dips slightly after Fed keeps rates steady as expected
Published Thu, Jan 29, 2026 · 05:54 AMTHE S&P 500 closed slightly lower and the Nasdaq advanced modestly on Wednesday as investor reactions were muted after the Federal Reserve...
Mapletree Industrial Trust Q3 DPU falls 7% to S$0.0317
The manager remains committed to its divestment target of S$500 million to S$600 million in North America [SINGAPORE] Mapletree Industrial Trust (MIT) posted a distribution per unit (DPU) of...
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...
