Business
Singapore banks’ wealth fees may ease in Q3 as AI lending, bond yields draw scrutiny
Analysts expect interest margins to stay under pressure, but asset quality and capital positions to hold firm Read more at The Business…
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Business
Business
OpenAI slashes funding target by US$10 billion amid tech rout: FT
OpenAI set a Friday deadline for investors to commit to the funding round Read more at The Business Times.
Business
Intel plunges after PC slump and supply snags hurt outlook
This comes amid shortages of some raw materials and a shutdown of a factory in Israel Read more at The Business Times.
Business
Banks should take ‘stronger measures’ against clients over environmental breaches linked to haze: MAS
It expects lenders to look at material environmental risks arising from clients’ activities and exposures Read more at The Business Times.
Business
Equities end higher as Anthropic's IPO filing buoys AI stocks
The technology index leads gains among the 11 major S&P 500 sectors, climbing 1.5% Read more at The Business Times.
Business
SGX’s new ETFs offer Asia, global exposure, but broad baskets can hide risk
Fees and currencies can affect returns, while single-country and AI funds carry concentration hazards Read more at The Business Times.
Business
NEA issues notices to 10 Singapore-based companies, including Wilmar and APP, over haze
It seeks information on firms’ Indonesian land concessions, corporate links and measures to prevent, fight fires Read more at The Business…
Business
Philippine central bank delivers larger-than-expected 50 bps hike to combat inflation
The move is BSP’s fourth straight increase; it lifts 2027 inflation forecast to 6% from 5.4% on oil and El Nino risks Read more at The…
Business
Qualcomm to cut jobs worldwide in performance-focused layoffs: internal memo
The company’s shares have risen just 1.5% in 2026 Read more at The Business Times.
Business
Australia central banker sees signs of labour market easing
But he cautions against reading too much into a month of data Read more at The Business Times.
Business
Anthropic pitches AI safety bill to lawmakers
[SAN FRANCISCO] Anthropic has presented its own draft bill to US lawmakers with a plan for regulating artificial intelligence safety and…
Business
Toyota to debut its own version of Tesla EV-making tech in China
It is currently conducting trials in Japan, the company says Read more at The Business Times.
Business
Netflix cuts about 6% of jobs in biggest layoff since 2022, WSJ reports
Most of the job cuts will be in the company’s product, tech, legal and HR teams Read more at The Business Times.
Business
Visa approved to prepare domestic payments business in China
Visa’s clearance will allow it to operate in China’s US$144 trillion payments market Read more at The Business Times.
Business
DBS, OCBC, UOB face rate hike reality check
The recent sell-off may not have been about the micro fundamentals of the 3 banks but a broader repricing of risk Read more at The…
Business
Airlines are upgrading Wi-Fi. Not all are using Elon Musk’s Starlink
The world’s richest man has attacked Delta’s top executive for not choosing the Internet provider Read more at The Business Times.
Business
I always thought I'd settle down in Canada. Living in Japan for a year changed my mind.
As someone from Ottawa, I always thought I'd settle down in Canada, but then I spent a year living in Japan. Now, I'm second-guessing my…
Business
Goodman’s Japanese data centre comes under fire following Sydney site setback
The data centre is adjacent to a residential block, a hospital and a nursing home Read more at The Business Times.
Business
Shadow chancellor vows to cut at least one tax in every Tory budget
Shadow ministers unveiled a series of policies on day two of the Conservative Party conference in Birmingham.
Business
‘Time for trial and error is over’: OpenAI safety employee quits, criticises ‘broken’ culture
He argues that advanced AI systems require safeguards more akin to those used in industries such as nuclear power and aviation Read more…
Business
G7 to release 100 million barrels of diesel and other reserves as prices soar
The amount is equivalent to around one day’s worth of global oil demand Read more at The Business Times.
Business
China’s Tencent leases 100,000 chips from Oracle to accelerate AI push: report
Tech giant agrees to a five-year lease across multiple Oracle data centres in South-east Asia Read more at The Business Times.
Business
Faisal Islam: Triple lock move is significant, but it's a gamble
I had expected him to try to forge a political consensus on this thorny issue at this stage, but he has gone further than that.
Business
Higher rates manageable for Reits, but mind rich fees and alignment of manager-investor interests
When Reits underperform, sponsors’ pain is eased by earning substantial management fees Read more at The Business Times.