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Yen jumps suddenly with traders on high alert for intervention

The Japanese currency rose as much as 0.9 per cent to 161.115 per US dollar and was last trading at 161.85, up 0.45 per cent.

ChatGPT maker OpenAI proposes giving US government a 5% stake: Report

Proposal is part of a broader arrangement under which Washington would hold 5 per cent of each of the leading US AI developers, FT said.

Want to own stocks of S’pore banks? It will cost less to get started from Oct 5

Board lot sizes will be reduced from Oct 5 to help more investors gain access to the Singapore market.

US SEC probes alleged insider trades involving Futu, Tiger Brokers

The scope and stage of the SEC’s probe weren’t immediately clear and the regulator’s reviews can end without any enforcement action being taken.

Singapore’s BDx open to IPO as AI boom fuels Asia expansion

CEO Mayank Srivastava said the industry was in a golden age with demand expanding beyond large cloud providers to “neoclouds” or newer companies that rent out AI computing power to businesses.

Meta planning cloud business to sell AI computing power: Sources

The move would set up a new vector of rivalry with industry leaders like Amazon Web Services, Microsoft Azure and Google Cloud.

Wall Street ends choppy session lower as tech shares drop

NEW YORK, NEW YORK - JULY 01: Traders work on the floor of the New York Stock Exchange during morning trading on July 01, 2026 in New York City. Stocks opened up with losses on the first day of trading in the month of July after the market had its best quarter since 2020. Michael M. Santiago/Getty Images/AFP (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

‘Utterly false’: Elon Musk denies WSJ report that SpaceX showed AI handset prototype before IPO

FILE PHOTO: Founder, CEO, Chairman and Chief Engineer of SpaceX, Elon Musk, speaks via videolink on the day of SpaceX's initial public offering (IPO) at the Nasdaq MarketSite in New York City, U.S., June 12, 2026. REUTERS/Brendan McDermid/File Photo

NTU issues $350m in bonds for sustainability research, education and building upgrades

The $350 million will fund NTU’s sustainability research and initiatives, education, and upgrades under its $1 billion medium-term note programme.

Goldman Sachs forecasts return to oil oversupply as impact of Iran war fades

Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, June 30.

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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.