X down for thousands of US users, Downdetector data finds
Feb 1 : Elon Musk's social media platform X was down for thousands of users in the United States on Sunday, according to Downdetector.com.There were more than 19,281 reports of issues with the social media platform formerly known as Twitter, as of 11:19 a.m. ET, according to Downdetector, which ...
X back up after brief outage hits US users, Downdetector shows
Feb 1 : Elon Musk's social media platform X was back up after a brief outage affected more than 19,000 U.S. users on Sunday, according to outage tracking website Downdetector.com.The outage lasted about 45 minutes and was largely resolved by 12:04 p.m. ET, the website saidX did not immediately ...
Opec+ agrees to keep oil output unchanged as Iran tensions boost prices
They will raise production quotas by about 2.9 million barrels per day from April till December 2025, roughly 3% of global demand.
Heavy earnings week, jobs data to test US stocks after Microsoft swoon
Results are due from about one-quarter of S&P 500 companies including Alphabet, Amazon, Lilly
Nio’s January deliveries jump over 96%; cumulative deliveries top 1 million
Low Youjin - But last month’s deliveries were 43.5% lower than December’s 48,135 vehicles
CDL’s Newport Residences sells 57% or 140 of its units at launch
Low Youjin - Meanwhile, Narra Residences in the Dairy Farm area records take-up rate of about 25%
CDL’s Newport Residences sells 140 units or 57% of its units at its launch
Low Youjin - Meanwhile, Narra Residences in the Dairy Farm area records take-up rate of about 25%
Singapore bank lending hits fastest monthly growth since Dec 2024; full-year lending at multi-year high
Tan Nai Lun - For the whole of 2025, bank lending up 5.8% at S$10.26 trillion, MAS data indicates
China’s BYD vehicle sales fall for fifth month in a row
It has narrowly met its slashed global sales target of 4.6 million units in 2025, and has not announced this year’s target
Sell America is the new trade on Wall Street
A NEW investment thesis has spread through global markets at the start of 2026, as trading strategies long built on the primacy...
Bain Capital finalises plans to acquire FineToday Holdings in $1.29 billion deal, Nikkei reports
Feb 1 : Bain Capital has finalised plans to acquire FineToday Holdings, the Japanese personal-care company behind the Tsubaki shampoo brand, in a deal expected to be worth around 200 billion yen ($1.29 billion), Nikkei reported on Sunday. Private equity firm CVC Capital Partners plans to divest all ...
544-unit Narra Residences sells nearly a quarter of units on launch weekend
Jovi Ho - Narra Residences, located in the Bukit Timah-Dairy Farm precinct, sold nearly a quarter of its 544 units over its Jan 31-Feb 1 launch weekend at an average price of around $2,180. The 135 units sold includes all four of the development’s retail units. As at 4pm on Feb 1, two- and three-bedroom uni ...
Fu Yu appoints Victor Lim as managing director after board dispute
Low Youjin - Lim’s appointment comes after a month-long review
Fu Yu appoints largest shareholder Victor Lim as managing director
The Edge Singapore - Fu Yu Corp has appointed its largest shareholder Victor Lim as managing director, with effect from Feb 1. Lim started working in Fu Yu back in Jan 2021 as its director of strategy. The company's controlling shareholder then was a VCC fund managed by Pilgrim Partners, which bought the stake from ...
CDL’s freehold Newport Residences sells 57% of units on launch weekend
Jovi Ho - City Developments’ (CDL) freehold Newport Residences sold 140, or 57%, of its 246 units on its launch weekend, as at 5pm on Feb 1. Priced at an average of $3,370 psf (excluding the Super Penthouse), about 82% of buyers are Singaporeans, while 15% are Singapore Permanent Residents (PRs) from Indone ...
What is tokenised gold, and why is it taking off in Asia?
Benicia Tan - Market watchers note that Singapore’s banks have taken a more measured approach towards tokenised gold offerings for retail investors
ST Engineering debuts its largest cargo drone at the Singapore Airshow 2026
Derryn Wong - The unmanned aircraft can carry up to 100 kg and is planned to begin operation in 2028
French tech company Capgemini says selling US subsidiary
PARIS, Feb 1 : French tech company Capgemini said on Sunday it was selling its U.S. subsidiary Capgemini Government Solutions.Capgemini has been under pressure in recent days to explain a contract it signed with U.S immigration enforcement agency ICE, amid growing criticism of ICE following weeks of ...
French tech company Capgemini to sell US unit linked to ICE
PARIS, Feb 1 : French IT company Capgemini will sell its U.S. subsidiary Capgemini Government Solutions, it said on Sunday, after coming under pressure to explain a contract the latter signed with U.S immigration enforcement agency ICE.French lawmakers, including Finance Minister Roland Lescure, had ...
Nvidia CEO says new OpenAI investment may be largest yet
Jensen Huang calls the artificial intelligence research organisation “one of the most consequential companies of our time”
Chinese travel giant Trip.com bets on Apac growth as it looks beyond home market
Elysia Tan - It will strengthen its branding and continue to develop specialised products for the newer audience
Musk says steps to stop Russia from using Starlink have worked
Feb 1 : Elon Musk said on Sunday that steps SpaceX had taken to stop the 'unauthorized' use of Starlink by Russia seemed to have worked. "Looks like the steps we took to stop the unauthorized use of Starlink by Russia have worked. Let us know if more needs to be done," SpaceX CEO ...
Indonesia permits Elon Musk’s Grok to resume service after ban
X says it has implemented measures to address the misuse of Grok
Indonesia pledges transparency reforms, probes market manipulation after US$80 billion rout
Elisa Valenta - The reforms follow an MSCI warning on market transparency that sparked a sell-off and forced top officials to resign
Institutions turn net sellers as new share placements hit the market
Net institutional outflow of S$61.6 million has reduced the net inflow for January to S$211 million
Automobile Association of Singapore rolls out first of its kind insurance for rental cars overseas
Derryn Wong - An annual plan, it will cover additional charges beyond the basic rental car protection coverage such as window or tyre damage and...
Trump welcomes China, India investment in Venezuela oil
Venezuela will allow greater ownership for foreign oil companies
Singtel, KKR near deal to acquire majority stake in STT Global Data Centres in deal valued at $13 bil: WSJ
The Edge Singapore - Singtel and KKR are nearing a deal to buy ST Telemedia Global Data Centres in a deal that values the assets at more than $13 billion, according to the Wall Street Journal. Talks are at a very advanced stage, and an announcement could be made soon, according to the Journal, citing "people famili ...
'People's dad' Jensen Huang praises, pushes Nvidia suppliers on mobbed Taiwan visit
Nvidia's CEO said it would be another good year for business, even as he expressed concerns about supplies of memory chips - which support AI workloads - amid a production crunch.
Why Chinese companies are eyeing SGX again
According to statistics, there are still around 100 Chinese companies listed on SGX today
Waymo seeking about $16 billion near $110 billion valuation, Bloomberg News reports
Jan 31 : Alphabet unit Waymo is aiming to raise about $16 billion in a financing round that would value it at nearly $110 billion, Bloomberg News reported on Saturday, citing people familiar with the matter.Reuters could not immediately verify the report.
Bitcoin falls below $80,000, continuing decline as liquidity worries mount
Jan 31 : Bitcoin, the world's largest cryptocurrency by market value, was down by 6.53 per cent at $78,719.63 at 12:48 p.m. ET (1748 GMT) on Saturday, continuing its decline from the previous session.On Friday, bitcoin fell to as low as $81,104, the lowest since November 21, while the U.S. doll ...
Bitcoin falls below $80,000, continuing decline
Jan 31 : Bitcoin, the world's largest cryptocurrency by market value, was down by 6.53 per cent at $78,719.63 at 1748 GMT on Saturday.On Friday, bitcoin fell to as low as $81,104, the lowest since November 21, after former Federal Reserve Governor Kevin Warsh was selected as the next Fed chair ...
SpaceX seeks FCC nod for solar-powered satellite data centers for AI
WASHINGTON, Jan 31 - Elon Musk's SpaceX wants to launch a constellation of 1 million satellites that will orbit Earth and harness the sun to power AI data centers, according to a filing at the Federal Communications Commission.The filing on Friday was posted a day after Reuters exclusivel ...
