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The Straits Times - Get latest breaking news, business, sports, lifestyle, tech & multimedia and more news in Singapore, Asia & rest of the world at straitstimes.com. The Straits Times - Get latest breaking news, business, sports, lifestyle, tech & multimedia and more news in Singapore, Asia & rest of the world
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News
Singapore PC prices surge as growing AI infrastructure competes for components
8+ hour, 13+ min ago (957+ words) Bryan Fun, a sales assistant at retailer Bizgram Asia in Sim Lim Square, checking a newly assembled desktop PC tower. Published Sep 13, 2026, 05:00 AM SINGAPORE – Consumers who plan to buy a new personal computer are in for sticker shock. Latest market…...
Revolut says some customer data were exposed in email-based scam
4+ hour, 9+ min ago (228+ words) Revolut systems and customer funds are unaffected, said the London-based fintech firm. Published Sep 13, 2026, 08:55 AM Updated Sep 13, 2026, 09:03 AM LONDON – Revolut said a “limited number” of customers had sensitive information disclosed in a scam involving an unauthorised third party that used…...
Nvidia in talks to invest in Anthropic’s mega IPO, sources say
1+ day, 4+ hour ago (596+ words) Published Sep 12, 2026, 08:50 AM SAN FRANCISCO – Anthropic is in talks to bring Nvidia as an anchor investor into what could be the largest IPO in history, two people familiar with the matter told Reuters. Anthropic is seeking to raise as much…...
Japan’s Nikkei plummets 3% as oil prices surge
2+ day, 2+ hour ago (205+ words) Markets are anxious that renewed tensions in the Middle East and surging oil prices could fuel inflationary pressures. Published Sep 11, 2026, 10:40 AM Updated Sep 11, 2026, 10:49 AM TOKYO – Japan’s Nikkei index plummeted more than 3 per cent in early trading on Sept 11, with markets…...
Luxury watchmakers say Gen Z buying trends call for bold changes
2+ day, 2+ hour ago (710+ words) A Rolex store in Shanghai’s Jing’an district on Aug 18. Published Sep 11, 2026, 10:45 AM The luxury watch industry needs bigger, bolder innovation and ideas to lure new customers as it hits the limits of its well-worn strategy of boosting revenue with ever-pricier…...
True Fitness, True Yoga to shutter; parent company cites financial strain, losses
2+ day, 3+ hour ago (235+ words) The True Singapore Group has recorded substantial losses and net liabilities exceeding HK$400 million (S$64 million). Published Sep 11, 2026, 10:00 AM Updated Sep 11, 2026, 10:03 AM SINGAPORE – True Fitness and True Yoga in Singapore are undergoing liquidation and set to close, with their parent…...
China halts new battery factories on capacity concerns: Report
2+ day, 3+ hour ago (236+ words) Published Sep 11, 2026, 09:29 AM BEIJING – China has temporarily suspended construction of new projects to manufacture power and energy-storage batteries, pending a year-end review of industry capacity, Caixin reported. Projects already approved or under construction are expected to proceed, while those still…...
Consumer financial disputes fall for S’pore banks, rise for life insurers and financial advisers
2+ day, 3+ hour ago (1421+ words) Financial Industry Disputes Resolution Centre chief executive Eunice Chua noted that among the 432 claims handled in the latest financial year, 147 involved life insurers. Published Sep 11, 2026, 09:30 AM SINGAPORE – Market conduct claims against banks and finance companies have trended lower over the…...
South Korea ramps up spy law to protect chip secrets from China
2+ day, 3+ hour ago (822+ words) Government and industry reports have sounded the alarm that China may overtake South Korea in terms of chips prowess, which has become central to the latter’s economy. Published Sep 11, 2026, 09:09 AM South Korea is tightening its defences against industrial espionage with…...
US producer inflation tops expectations as diesel costs jump
2+ day, 13+ hour ago (556+ words) Petrol prices being displayed at an Exxon petrol station in Huntsville, Texas, on Sept 8. Published Sep 10, 2026, 10:56 PM Updated Sep 10, 2026, 11:22 PM Washington – US wholesale inflation picked up more than expected in August, government data showed on Sept 10, driven by higher energy…...