News
4 in 5 Asean consumers use AI for financial decisions, UOB survey finds
[ad_1] Most of these consumers report positive outcomes, even as digital wealth management goes mainstream, says the bank[SINGAPORE] About four in five consumers in the Asean region have made a...
AI slowdown calls from Anthropic, OpenAI may weigh on chip stocks, but rally seen intact
[ad_1] Some investors argue that a slower pace of AI development could ultimately be positive for the industryPublished Sun, Sep 13, 2026 · 05:02 PMARTIFICIAL intelligence executives’ calls to slow...
Oracle to spend an additional US$700 million on more job cuts
[ad_1] It is grappling with a cash crunch tied to the development of large-scale data centres for AI workPublished Sat, Sep 12, 2026 · 03:50 PM[TEXAS] Oracle increased the scale...
DBS wants to be ‘Asian bank for Asians’ rather than global bank: CEO Tan Su Shan
[ad_1] The company has ‘come a long way’ in growing its wealth-management business, she adds[SINGAPORE] DBS, South-east Asia’s largest bank, will pursue growth within Asia rather than seek to become...
ECB raises interest rates as Iran war fuels inflation fears
[ad_1] A surge in oil prices is clouding the inflation outlook again; resilient growth leaves room to actPublished Thu, Sep 10, 2026 · 08:41 PM[FRANKFURT] The European Central Bank (ECB)...
DBS ‘categorically rejects’ S$1.3 billion claim by 1MDB-linked entities under liquidation
[ad_1] [SINGAPORE] DBS “categorically rejects” a S$1.298 billion claim for damages in a lawsuit filed by several entities linked to the 1Malaysia Development Berhad (1MDB) scandal.In a Wednesday (Sep 9)...
Centurion acquires 7,974 bed Johor worker accommodation asset for US$53 million
[ad_1] The asset comprises two adjoining parcels of land in the Pasir Gudang industrial area[SINGAPORE] Centurion Corporation has entered into an agreement to acquire a 7,974 bed purpose-built worker accommodation...
Yen hits seven-month high; dollar soft ahead of US inflation
[ad_1] Published Mon, Sep 7, 2026 · 09:07 PM[SINGAPORE/LONDON] The yen surged to a seven-month high on Monday (Sep 7), as traders appeared to reassess their outlook on the embattled...
China to pump US$54 billion into state banks, insurers
[ad_1] This move is part of a coordinated push by Beijing to shore up capital across its financial systemPublished Sun, Sep 6, 2026 · 08:20 PM[BEIJING] China’s finance ministry will...
India’s NSE eyes Sep 21-week listing after regulator clears IPO, sources say
[ad_1] Published Sat, Sep 5, 2026 · 03:49 PMINDIA’s National Stock Exchange (NSE) is targeting a listing in the week starting Sep 21, three sources familiar with the matter said,...
Investors should be wary of possible ‘Nanning’-type investment schemes: Sias
[ad_1] [SINGAPORE] The Securities Investors Association (Singapore), or Sias, wishes to caution members of the investing public against participating in investment arrangements commonly referred to as the “Nanning Scheme”, or...
