News

Singapore stocks extend rally, tracking regional gains; STI up 0.9%
[SINGAPORE] Singapore stocks ended higher on Wednesday (Mar 25), mirroring gains in regional indices.The benchmark Straits Times Index (STI) rose 0.9 per cent or 42.11 points to finish at...
Revolut revenue soars 46% to £4.5 billion as customers surge
Published Tue, Mar 24, 2026 · 05:50 PM[LONDON] Revolut’s revenue surged 46 per cent last year as it boosted subscriptions from a rising number of customers and increased its...
Singtel investigating after users report Internet disruption again
[SINGAPORE] Singtel on Monday (Mar 23) was once again hit with user reports of disruption after three consecutive days of issues last week.More than 9,700 reports of issues with...
Sinopec posts 36.8% drop in 2025 net profit on weak petrochemical margins, new energy substitution
Refinery throughput is down 0.8% at 250.33 million tonnes, equivalent to five million barrels per dayPublished Sun, Mar 22, 2026 · 05:09 PM[BEIJING] China Petroleum & Chemical Corp, known...
JPMorgan strategists cut S&P 500 target on Iran war uncertainty
Published Sat, Mar 21, 2026 · 04:03 PM[NEW YORK] JPMorgan strategists cut their price target on the S&P 500 Index, saying the upside potential for risk assets is “more...
BYD showrooms are bustling across Asia after Iran oil shock
South-east Asian countries have EV adoption rates of around 40%, exceeding levels in the UK and EuropePublished Fri, Mar 20, 2026 · 05:08 PM[MANILA/HONG KONG/HANOI] At a BYD car...
Singapore-based Crypto.com lays off 12% of staff, third cut in four years
Published Thu, Mar 19, 2026 · 04:59 PM — Updated Thu, Mar 19, 2026 · 05:02 PM[SINGAPORE] Singapore-headquartered cryptocurrency exchange Crypto.com has laid off around 12 per cent of...
Petrol price hike from Iran war could push consumers toward EVs, hybrids
But sharp increases at the pump are unlikely to significantly alter car-buying trends right away, analysts say[GUILDFORD, England] The rising price of petrol from the Iran war has triggered...
Samsung to stop selling US$2,899 TriFold phone after three months
Published Tue, Mar 17, 2026 · 05:02 PM[SEOUL] Samsung Electronics is winding down sales of its Galaxy Z TriFold smartphone after roughly three months on the market, suggesting the...
Italy’s UniCredit makes takeover bid for Germany’s Commerzbank
Published Mon, Mar 16, 2026 · 04:30 PM[ROME] UniCredit made a takeover bid for Commerzbank, presumably triggering a protracted fight for the German lender.The Italian lender is offering 0.485...
Japan to release oil stocks as US says buy American
Published Sun, Mar 15, 2026 · 04:07 PM[TOKYO] Japan plans to start releasing oil from its stockpiles on Monday (Mar 16) to soften the shock from the US-Israeli war...
Retail oil traders spark ETF boom amid institutional slump
Published Sat, Mar 14, 2026 · 03:30 PM[NEW YORK] Anthony Sandford knew it was time to jump back into the energy sector when US war planes first cast shadows...