News

Swiss parliament panel fails to reach deal on UBS capital rules
Some lawmakers want to soften tougher rules drafted by the government after Credit Suisse’s collapsePublished Tue, Aug 11, 2026 · 11:34 PM[BERN] A Swiss parliamentary committee on Tuesday (Aug...
Microsoft plans to unveil next-gen AI chip in September: report
Tech firm said to have talked with TSMC to secure production capacity for over 300,000 units for delivery in 2027Published Mon, Aug 10, 2026 · 10:40 PM[SEATTLE] Microsoft is...
DBS, OCBC surge on strong H1 results but don’t overlook the potential of underdog UOB
[SINGAPORE] There was a lot riding on the financial results of DBS, OCBC and UOB last week – with some analysts calculating that the three stocks had accounted for...
SK Hynix said to mull options for US$3 billion Chongqing plant
Published Sat, Aug 8, 2026 · 04:25 PM[HONG KONG] South Korea’s SK Hynix is considering options for its Chongqing, China-based facility, including bringing in an investor to help accelerate...
China’s Beijing further relaxes home-buying curbs in property boost bid
Published Fri, Aug 7, 2026 · 10:46 PM[BEIJING] Beijing’s municipal authorities announced on Friday (Aug 7) further measures to relax home-buying curbs as they try to prop up flailing...
SGX has IPO pipeline of around 50 companies in various stages of readiness amid record results
It reports a 7.8% rise in FY2026 net profit to S$698.4 million, driven by gains across all segments[SINGAPORE] Singapore Exchange (SGX) says its pipeline of initial public offerings (IPOs)...
Air India taps Ethiopian Airlines veteran as CEO
Published Wed, Aug 5, 2026 · 09:44 PM[NEW DELHI] Air India announced Tewolde Gebremariam will succeed Campbell Wilson as the chief executive officer amid the Tata Group-owned carrier’s struggles...
S&P 500 hits record high on strong AI-linked earnings, Middle East deal hopes 
Recent gains have been driven by strong earnings from artificial intelligence heavyweightsPublished Tue, Aug 4, 2026 · 09:52 PM[BENGALURU] Wall Street’s benchmark S&P 500 hit an intraday record high...
UBS to pay US$125 million in fines over anti-money laundering violations
This is the largest-ever fine against a broker-dealer for Bank Secrecy Act violationsPublished Tue, Aug 4, 2026 · 12:17 AMUBS Financial Services (UBSFS), a subsidiary of UBS Group, has...
Great Eastern’s big rally – activist investors can be crucial part of market ecosystem
MAS and SGX should seek to make responsible shareholder activism more culturally acceptable in the local market[SINGAPORE] Some shareholders of Great Eastern (GEH) who resisted OCBC’s attempt to fully...
New York City spared downgrade by Fitch and Moody’s, for now
Published Sat, Aug 1, 2026 · 10:13 AM[NEW YORK] New York City avoided a debt downgrade on Friday (Jul 31) by two major credit-rating companies, though both warned the...
OUE to book H1 FY2026 net loss on associate losses, impairment charge
It owns 29.07% of an investee company which has been hit by the slowdown of the property market in China[SINGAPORE] OUE is expected to book a net loss for...