Business
News from Singapore
Best computing, storage, and networking deals from Comex 2026
Here are some of the best laptop, storage, and networking deals we found at Comex 2026.
Malaysia’s central bank maintains key policy rate, says growth momentum to continue in 2027
Bank Negara Malaysia maintained its overnight policy rate at 2.75 per cent.
Malaysia's finance ministry hires adviser to assess AirAsia’s funding needs
South-east Asia’s largest budget carrier seeks fresh capital amid mounting financial pressure
Chinese AI firm Moonshot files confidentially for Hong Kong IPO, sources say
It has been valued at US$50 billion (S$63.5 billion) in an ongoing funding round, said two sources.
Ready for Wi-Fi 8? The ROG Rapture GT-BN98 is coming in Q4 2026
The cutting edge of Wi-Fi will soon be available in Singapore later this year.
Malaysia’s central bank holds rates again, says growth momentum to continue in 2027
Bank Negara Malaysia maintains its overnight policy rate at 2.75%
Japan's Nikkei posts one-month closing low on rate, FX uncertainty
Uncertainty over interest rates and currencies kept investors away from risk assets
Bang Si-hyuk, founder of BTS agency Hybe, referred to prosecutors: Report
The police allege he misled investors ahead of the company’s 2020 listing.
Eduardo Saverin tops Forbes’ Singapore’s 50 richest for 4th year, even as tech tycoons’ fortunes slide
The collective wealth of listees remained flat at US$239 billion, unchanged from 2025.
‘Stratospheric’ US$127 billion from India’s diaspora to aid rupee
An aggressive push by lenders in hubs such as Dubai, Singapore and London helps to drive the surge in inflows
VinFast-linked taxi firm GSM eyes US, EU expansion ahead of Hong Kong IPO
Green and Smart Mobility will rely on company-owned cars and employed drivers for its launch in new markets
Malaysia’s finance ministry hires adviser to assess AirAsia’s funding needs, sources say
AirAsia reported a net loss of RM831 million (S$261.59 million) for the second quarter.
Australian dollar hovers near 13-year high on kiwi as rate outlooks diverge
The kiwi bounced 0.2 per cent to US$0.5863
More Singapore firms plan to freeze or moderate wages and boost AI focus in 2027: SNEF
Rising manpower costs and uncertainty over the business outlook push companies to be more cautious.
AI drama frenzy sends Chinese broadcaster Mango’s shares soaring 64%
The rally was sparked by The Later Journey To The West, China’s first fully AI-generated long-form TV drama.
China’s renminbi hits 3½-year high as yen’s strength weighs on US dollar
China’s renminbi inched higher to a fresh 3-½-year high against the US dollar on Sept 3.
CapitaLand Investment retrenches 90 Singapore staff in 2026 as part of restructuring
The number makes up about 4 per cent of the listed company's 2,200-strong Singapore workforce.
High Court rejects US$5m claim against Babel Finance co-founder over crypto fund collapse
Parastate Labs' investment was wiped out during a mass liquidation of Babel's trading accounts in 2022
Yen traders brace for holiday intervention risk around Bank of Japan
The country has spent a record US$96.4 billion over the past month to support the yen
ByteDance gets $37.6b loan, Asia’s second-largest in 2026
This is Asia’s second-largest dollar-denominated borrowing in 2026.
Hongkong Land eyes billion-dollar property deals, Blackstone asset amid Japan push
Entering the country is a key step in parent Jardine Matheson’s pivot to become a portfolio manager
Shares, bonds rally as markets await Fed signals; yen jumps
The market’s immediate focus is the pivotal US payrolls report on Sept 4.
Pension investor IFM sets up Singapore office to deploy private debt capital in Asia
The Australia-based firm plans to utilise up to US$300 million in funds out of the new office
SK Hynix, other chip stocks climb as Asian equities advance
MSCI’s Asia-Pacific equities gauge rises 1.1%, rebounding from the prior session’s sell-off
UBS opens institutional fund strategies to Asia’s wealthy – with US$5 million buy-in
The Swiss bank is wooing family offices and the ultra-rich with exclusive strategies and deeper portfolio anal…
Dollar debasement is favouring Singapore’s currency, analysts say
The Singapore dollar is tracking the US currency in an inverse direction more closely than any other in Asia.
Gold holds gain as Trump’s war comments ease inflation jitters
Renewed Iran war fighting has rekindled fears of a war that fuels inflation, a headwind for bullion
US Fed says ‘positive’ economic outlook facing heightened uncertainty
Economic activity nationwide increased “modestly” since early July.
Microsoft reveals Azure cloud sales in financial reporting shift
Its Azure sales trail Amazon’s US$42.2b quarterly cloud sales but exceed Google’s US$24.8b in the same period.
Singtel leads August buybacks with S$55.6 million purchase of nearly 13 million shares
In first eight months of the year, telco’s S$948 million buybacks account for half the market total
Oil edges down as investors weigh uncertainty over US-Iran strikes
Prices retreat on tentative signs of the latest flare-up easing
Meet the humans behind ‘Wendy and Wayne’, OCBC’s wealth avatars
Terissa Chang and Ethan Peh are both OCBC employees and former cabin crew.
European shares hit by rising bond yields, energy-driven inflation concerns
The retail sector fell 2.3%
US stocks: Wall Street ends higher as stocks reclaim some shine
All three major indices closed higher for the day
Wall Street ends higher as stocks reclaim some shine
The Dow Jones Industrial Average rose 0.56 per cent while the S&P 500 gained 0.46 per cent, to 7,666.63.
First electric Range Rover will cost buyers more than $264,000
Orders are now open for what is one of the most expensive electric SUVs on the market.
American Airlines boosts premium seating on 777 jets as upscale travel grows
The first retrofitted aircraft will begin commercial service on Wednesday (Sep 2) from New York to Buenos Aire…
Uber to lay off 10% of its workers in biggest cuts since Covid-19
The layoffs are Uber’s largest since May 2020, when the pandemic forced it to shed 6,700 jobs.
S&P 500, Dow post slim gains at open
[NEW YORK] The benchmark S&P 500 and the blue-chip Dow indexes opened marginally higher on Wednesday (Sep 2), …
Radiant World facing UK lawsuit from Jefferies-run fund
It is the first legal filing in UK courts over fallout from concerns the company provided falsified documents