News

Yen steadies near 40-year low on rate-hike bets, intervention talks
Japan says it will take decisive action if needed to curb excessive currency weaknessPublished Wed, Jul 22, 2026 · 08:40 PM[BENGALURU/SINGAPORE] The yen recovered slightly from its weakest level...
AEM patent infringement dispute continues as Advantest files amended complaint
[SINGAPORE] Semiconductor firm Advantest has filed a first amended complaint against AEM Holdings, extending a patent infringement dispute that started in October 2025.This follows a Jun 29 order by...
Ryanair quarterly profit slumps by a third on lower fares, higher fuel costs
It reported after-tax profit of 538 million euros (US$616 million) for its fiscal first quarter through June 30Published Mon, Jul 20, 2026 · 03:12 PM[DUBLIN] Ryanair’s profit slumped by...
Rising AI bills push Singapore companies to chase ROI over ‘tokenmaxxing’
[SINGAPORE] Companies in Singapore are moving beyond the artificial intelligence experimentation phase and becoming increasingly selective about how they deploy the technology. This is as rising AI spending pushes...
Boeing keeps 20-year forecast for jet demand steady, shrugs off Iran war impact
Published Sat, Jul 18, 2026 · 09:51 AM[FARNBOROUGH, England] Boeing maintained its forecast for strong global demand for new commercial aircraft over the next 20 years, according to the...
Frasers Property Industrial CEO Reini Otter to step down; Ian Barter named interim leader
[SINGAPORE] Frasers Property announced on Friday (Jul 17) that the CEO of its industrial and logistics arm, Frasers Property Industrial, is set to step down on Dec 17.Reini Otter,...
Asian LNG prices hit highest since March as US-Iran hostilities disrupt Hormuz shipping
A prolonged disruption would keep LNG supplies tight, particularly for Asia, where buyers rely heavily on Qatari cargoesPublished Thu, Jul 16, 2026 · 01:39 PMASIAN liquefied natural gas prices...
US stocks: Wall Street ends higher on cool inflation data, strong earnings
Published Thu, Jul 16, 2026 · 05:55 AM[NEW YORK] Wall Street stocks gained ground on Wednesday (Jul 15) as softening inflation data and a robust beginning of second-quarter earnings season put...
DeepSeek prepares for IPO filing as soon as 2026, eyes US$71 billion valuation: FT
The startup begins talks with potential backers for a fresh funding round after closing a US$7 billion round of financingPublished Wed, Jul 15, 2026 · 11:57 AM[BEIJING] Chinese artificial...
Economists, tech leaders warn AI could bring ‘large-scale job displacement’ and other risks
Many of the smartest people in the world warned governments, companies and people Monday that they need to be ready for the deep impact that artificial intelligence is going...
DBS crosses S$200 billion in market capitalisation as earnings optimism drives Singapore bank rally
There could be more room to run ahead of the lenders’ Q2 results release in August, say analysts[SINGAPORE] Shares of Singapore’s three local banks have surged to record levels...
SK Hynix debut is a bet that AI breaks boom-and-bust chip cycle
It raised US$26.5b with its offering, and much of that is going toward expanding chip manufacturingPublished Sun, Jul 12, 2026 · 10:18 PMSOUTH Korean memory chipmaker SK Hynix just...