Indonesia takes another step towards B50 biodiesel
The country aims to make B50 mandatory in 2026, but it was unlikely to happen in January Indonesia took another step towards launching biodiesel containing 50 per cent palm-oil based…
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Fashion
Are you affected by tariffs? Here’s how the Business Adaptation Grant can help you
Singapore companies affected by tariffs can tap the new Business Adaptation Grant (BizAdapt) to defray costs related to adapting their business operations and strengthening supply chain…
OpenAI’s golden touch spreads as stocks soar off mere mentions
Talk of an AI bubble has been growing louder in recent months, with some investors likening such trading to the dot-com euphoria OpenAI has already proved it has a golden touch when it…
DBS jumps 2.3% to new all-time high, drives market cap past S$150 billion
Shares of DBS climbed as much as 2.3 per cent on Tuesday (Oct 7) morning, driving its market capitalisation beyond S$150 billion. The counter hit S$54.42 as at 11.15 am, continuing a rally…
Two Australian pensions confirm merger to form A$235 billion fund
Aware Super, one of Australia’s largest pensions, confirmed plans to merge with smaller rival TelstraSuper to form a A$235 billion (S$201 billion) fund. The two pensions have signed a…
Gold notches fresh high on safe-haven demand, Fed rate-cut bets
Non-yielding gold thrives in a low-interest-rate environment and during economic uncertainties Gold prices rose to an all-time high on Tuesday (Oct 7), extending gains to a third session…
Cboe gets nod to list firms in Australia in threat to ASX
With the approval, companies will be able to list on an exchange run by the US firm in the country Cboe Global Markets received regulatory approval to conduct stock listings in Australia,…
Stocks to watch: CapitaLand Ascendas Reit, Thakral, ASL Marine, Del Monte Pacific
THE following companies saw new developments that may affect trading of their securities on Tuesday (Oct 7): CapitaLand Ascendas Reit (Clar): The manager of Clar on Tuesday announced the…
Trump says US tariffs on heavy truck imports to begin Nov 1
The administration has already imposed tariffs on imported steel, aluminium, copper, automobiles and auto parts US President Donald Trump said that 25 per cent duties on medium- and…
OpenAI unveils ChatGPT app integration feature
OPENAI on Monday unveiled a new feature for ChatGPT, the leading generative AI model with 800 million weekly users, enabling it to interact with everyday apps like Spotify and Booking.com.…
US interest rates well-placed to fight inflation: Fed official
US INTEREST rates are in a good place for the Federal Reserve’s inflation fight, a senior central bank official said on Monday (Oct 6), pushing back against President Donald Trump’s calls…
World’s biggest rice buyer Philippines to prolong import ban
Global production is expected to rise, with the United Nations’ Food and Agriculture Organization projecting a record 556.4 million tonnes in the 2025 to 2026 season The Philippines plans…
'Artists should have a choice.' WME opts clients out of Sora update as AI anxiety deepens
As anxieties among Hollywood talent increase surrounding artificial intelligence, Beverly Hills talent agency WME is drawing a line on behalf of its clients. WME told San Francisco-based…
OpenAI lifts another AI laggard with big plans for AMD
OpenAI bestowed its blessings and backing on another tech company Monday, inking a deal with chipmaker Advanced Micro Devices, instantly making it one of the hot companies investors hope…
US: Wall Street indices open higher on AI boost
AMD’s chip-supply tie-up with OpenAI became the latest in a series of artificial intelligence deals Wall Street’s main indexes opened higher on Monday (Oct 6), building on last week’s…
Japanese yen slides on likely new leader, euro pressured by French PM resignation
Politics dominated currency markets on Monday (Oct 6) as the Japanese yen weakened by the most in five months against the dollar with Sanae Takaichi looking set to become Japan’s next…
UBS launches pilot for new AI tool aimed at boosting productivity of advisers
Minister Josephine Teo says this development aligns with Singapore’s push to be a leading financial hub in the region UBS, on Monday (Oct 6), launched its Singapore pilot for a new…
AMD signs AI chip-supply deal with OpenAI, gives it option to take a 10% stake
Advanced Micro Devices (AMD) said on Monday (Oct 6) it will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of US dollars in annual…
Singapore shares rise amid mixed regional showing; STI up 0.2%
Across the broader market, decliners outnumber advancers 326 to 240, after 1.4 billion securities worth S$1.2 billion change hands Shares on the Singapore bourse closed higher on Monday…
Vietnam Sees 27% Decline in US Shoe Exports Following Trump Tariffs
Customs data released on Monday, October 6, showed that Vietnam's footwear exports to the United States fell 27% in September to $611 million, the steepest decline of any sector after the…
Japan’s stocks zoom, yen slumps as Takaichi win dims BOJ hike bets
Japanese shares surged to a record high on Monday (Oct 6), while the yen and long-term bonds tumbled as Sanae Takaichi was all but confirmed to become the country’s next premier, stoking…
Fullerton launches first retail fund under MAS’ S$5 billion EQDP initiative
It is offered as a collective investment scheme to retail, accredited and institutional investors in Singapore and selected international markets Fullerton Fund Management – one of the…
Fullerton launches first retail fund under MAS’ S$5 billion equity initiative
It is offered as a collective investment scheme to retail, accredited and institutional investors in Singapore and selected international markets Fullerton Fund Management – one of the…
Thailand to ease IPO, foreign listing rules in market revamp
Thailand plans to simplify stock-listing procedures as part of a broader drive to strengthen capital market competitiveness and attract global investors. The “Thai Capital Market…