News

HSBC, Standard Chartered to get stablecoin licenses in Hong Kong
The city has been pushing ahead with ambitions to become a crypto hub through a series of regulatory measures first announced in 2022 Published Fri, Mar 13, 2026 ·...
Goldman Sachs delays Fed rate-cut call as Middle East war lifts inflation risks
Published Thu, Mar 12, 2026 · 04:06 PM[WASHINGTON] Goldman Sachs has pushed back its forecast for the US Federal Reserve’s rate cuts, and now expects quarter-point reductions in September...
How ‘Pokemon’ and ‘Resident Evil’ rewrote gaming history
In the space of just 23 days three decades ago, two initially unassuming releases changed videogames forever. On Feb 27, 1996, Pokémon Red and Green first hit Japanese shelves. The...
Singapore remains bright spot for Airwallex as revenue doubles in 2025: Airwallex APAC GM
This is the second year the payments company has experienced a doubling of revenue growth in this market[SINGAPORE] Airwallex still sees Singapore as a bright spot in its Asia...
Tesla billionaire buys more Nvidia to ‘calm the nervous market’
Published Mon, Mar 9, 2026 · 04:00 PM[KUALA LUMPUR] Billionaire Leo Koguan doubled his stake in Nvidia to two million shares, boosting his investment in the chipmaker at a...
UI Boustead Reit: A new entrant in Singapore’s industrial Reit space
[SINGAPORE] UI Boustead Reit is expected to commence trading on the SGX mainboard on Mar 12. The Reit has a mandate to invest in logistics, general industrial, hi‑specs industrial...
Queues, price hikes and shortages as Asia battles fuel crunch
Disarray has been spreading after just days of war, and for many, the risks are rising[MUMBAI] From Thai farmers racing for diesel to Indian refinery executives monitoring the Persian...
Singapore’s Aster declares force majeure on disruption in supply of raw materials
Published Fri, Mar 6, 2026 · 04:05 PM[SINGAPORE] Singapore refiner and petrochemical major Aster Chemicals and Energy has declared force majeure regarding supplies, citing a disruption in raw materials...
MAS expands environmental risk management guidelines
[SINGAPORE] The Monetary Authority of Singapore (MAS) on Thursday (Mar 5) issued three new guidelines on environmental risk management and transition planning for financial institutions (FIs), which includes banks,...
‘Mr Lufthansa’ taps crisis playbook to tackle costs, union battles
Carsten Spohr is focused on efficiencies, centralising management of the group’s 12 airlines and betting on more long-haul flights in the year aheadPublished Wed, Mar 4, 2026 · 03:41...
Japan in talks with India to explore for rare earths, sources say
Published Tue, Mar 3, 2026 · 03:44 PM[NEW DELHI] Japan is in talks with India to jointly explore rare earth deposits in the desert state of Rajasthan, two people...
Ship insurers cancel war risk cover due to Iran conflict
Several tanker owners, oil majors and trading houses have since suspended shipments through the narrow waterwayPublished Mon, Mar 2, 2026 · 02:10 PM[SINGAPORE] Several marine insurers said that they...