News

US Supreme Court rejects Trump’s unprecedented bid to fire Fed’s Cook
[WASHINGTON] The US Supreme Court refused on Monday to let Donald Trump fire Federal Reserve Governor Lisa Cook as it stood firm to preserve the central bank’s cherished independence...
Saudi Aramco helicopter crash kills 14 nationals
This comes as Middle East producers ramped up oil and gas output and exports ahead of the US-Iran peace dealPublished Sun, Jun 28, 2026 · 09:15 PM[DUBAI] A helicopter...
Mercedes, GIC to back autonomous driving firm Momenta’s Hong Kong IPO: sources
The firm is targeting to raise about US$750 million to US$800 million from the offeringPublished Sat, Jun 27, 2026 · 12:31 PM[HONG KONG] Momenta Global, the Chinese autonomous driving...
Polestar barred from future US sales under Chinese tech rules
The rules are designed to block connected vehicles with Chinese software, hardware or ownership ties on national security groundsPublished Fri, Jun 26, 2026 · 10:02 PMPOLESTAR Automotive Holding UK...
Wall St opens higher after Micron revives AI optimism, upbeat economic data
Published Thu, Jun 25, 2026 · 09:50 PM[NEW YORK] Wall Street’s main indexes advanced on Thursday (Jun 25) as strong forecasts from Micron and Qualcomm renewed AI optimism, while...
OpenAI, Broadcom unveil chip to run models faster, cheaper
The finalised chips will be integrated into large data centres later this year.Published Wed, Jun 24, 2026 · 11:07 PMOpenAI unveiled its first custom artificial intelligence chip developed in...
BOE’s Taylor backs extended hold for interest rates
It’s the right response to the increase in price pressures spurred by conflict in the Middle EastPublished Tue, Jun 23, 2026 · 11:13 PM[LONDON] Bank of England policymaker Alan...
Lagarde sees no need for more forceful ECB response to war
Published Mon, Jun 22, 2026 · 11:14 PM[BRUSSELS) The European Central Bank doesn’t need to react more forcefully to the fallout from the Middle East conflict because inflation is...
Oil glut bets back in play as crude sinks after US-Iran deal
But the market could turn around and rally again if the agreement were to fall apartPublished Sun, Jun 21, 2026 · 10:31 PMA SLEW of all-but-forgotten niche option positions...
China’s rare earths curbs extend pressure on supply to Japan
Published Sat, Jun 20, 2026 · 03:06 PM[SINGAPORE] China’s exports to Japan of several rare earths used for powerful magnets were negligible in May, data showed on Saturday (Jun...
Brent falls as Israel, Hizbollah agree to ceasefire
Published Fri, Jun 19, 2026 · 10:17 PM[BENGALURU/LONDON] Brent crude fell on Friday (Jun 19) after Israel and Hizbollah agreed to a ceasefire, easing concerns over disruptions to Middle...
Opec sticks to robust oil demand outlook, sees no peak on horizon
Published Thu, Jun 18, 2026 · 10:58 PM[LONDON] Opec maintained its forecast for robust global oil demand growth in the next four years on Thursday (Jun 18) and nudged...