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AI demand drives Singapore GDP but Q2 growth eases; global chipmakers hit hard

Semiconductor and memory chip company SK Hynix saw its shares post their biggest one-day fall in nearly two decades on the Korean Exchange on July 13.

Me & My Money

How getting burned by penny stocks in uni taught Maybank managing director to invest prudently

Chong Wee Yeat, managing director at Maybank Singapore, says his penny stock-investing days in university taught him to invest prudently.

Wall St ends lower for the day and week as chip sell-off broadens

Traders working on the floor of the New York Stock Exchange during morning trading on July 17, in New York City.

Beyond attracting MNCs, Singapore to grow next generation of global business champions

EDB executive vice-president Choo Heng Tong said that it is working with venture capital and private equity firms to back high-growth companies over the long term.

More ships to call at S’pore? How the Iran war, tariffs are reshaping global sea trade

DeepSeek champions China’s bid to flood the world with cheap AI

Chinese-built open-source models have surged to more than 30 per cent of the market on the AI aggregation platform OpenRouter some weeks in 2026.

Asian markets tumble as AI worries hammer tech stocks

Japan’s Nikkei fell as much as 4 per cent as chipmaker Kioxia sank 16 per cent.

IPOs of tiny foreign firms nearly vanish in US after pump-and-dump crackdown

Only 13 so-called microcaps have gone public on Nasdaq and the New York Stock Exchange so far in 2026.

SpaceX aborts major test launch of giant Starship rocket

This screen grab from a SpaceX live webcast shows the Starship rocket just as the launch from Starbase was aborted in South Padre Island, Texas, on July 16.

Netflix shares tumble as growth forecast disappoints

Netflix forecast a second consecutive quarter of slowing sales growth, feeding investor anxiety about the streaming giant’s future.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.