Companies & Markets

OpenAI said on Aug 7 that it cannot rule out that its upcoming AI model, Astra, has “critical” cybersecurity capabilities.

OpenAI flags possible critical cybersecurity risk in upcoming model, tightens controls

This prompts the startup to pause some internal development and trigger safety protocols

2026-08-08T02:15:00.000Z

The unemployment rate fell to 4.1% in July from 4.2% in June due to workers leaving the labour force.

S&P closes at record high as soft jobs report eases rate-hike concerns

Nonfarm payrolls drop by 23,000 jobs in July, below estimates, US Labour Department says

2026-08-08T00:40:16.000Z

Technology shares added 1.9% in the session, tracking gains from Wall Street, and were the best performing sector on the Stoxx 600 this week.

Europe's Stoxx 600 ends week at all-time high on earnings support, soft US jobs data

The pan-European Stoxx 600 closes 0.3% up at a record 660.25 points

2026-08-08T00:31:32.000Z

West Texas Intermediate futures finished at US$78.18 a barrel, up US$0.89 or 1.15%.

Brent climbs US$1 on uncertainty over end to Iran war

Brent crude futures settle at US$83.55 a barrel, gaining US$1.06 or 1.3%

2026-08-08T00:06:23.000Z

STRAIGHT TO YOUR INBOX

Start and end each day with the latest news stories and analyses.

As at market close on Friday, five of the nine major IPOs this year were trading below their offer prices, with two flat.

When ‘good’ IPOs go bad – why listings stumble and how to evaluate them

Many recent IPOs face a structural disadvantage because they are relatively small companies

2026-08-08T00:00:00.000Z

DBS was the first of the three banks to report its Q2 results on Thursday (Aug 6), followed by OCBC and UOB on Friday.

5 takeaways from Singapore banks’ Q2 results – diverging outlooks, China tax rules emerge as new watchpoint

DBS and OCBC upgraded parts of their full-year outlook, while UOB turned more cautious on fees

2026-08-08T00:00:00.000Z

At its peak, China’s property market accounted for a quarter of the world’s second-largest economy.

China's Beijing further relaxes home-buying curbs in property boost bid

[BEIJING] Beijing’s municipal authorities announced on Friday (Aug 7) further measures to relax home-buying curbs as they try to prop up flailing home prices in the Chinese capital.

2026-08-07T14:46:03.000Z

The Dow Jones Industrial Average falls 35.8 points or 0.1%, at the open to 53849.26.

S&P 500, Nasdaq open higher as surprise payrolls fall quells rate-hike fears

[NEW YORK] The S&P 500 and the Nasdaq opened higher on Friday (Aug 7) after data showed the US economy unexpectedly shed jobs last month, raising doubts about a September interest-rate hike by the Fed...

2026-08-07T14:04:50.000Z

UOB’s Q2 earnings slightly beat the S$1.45 billion consensus forecast in a Bloomberg survey of five analysts.

‘Size in banking is not everything’: UOB pursues capital-light strategy as Q2 profit rises; trims fee growth outlook

Lender declares a dividend of S$0.88 per share for the period

2026-08-07T12:57:21.000Z

UPDATED 13 hours ago

OCBC’s non-interest income is up 51% at S$1.91 billion, driven by broad-based growth across fee, trading and insurance income.

OCBC raises 2026 loan growth forecast after Q2 profit jumps 22%, lifts dividend

Higher guidance comes as wealth, trading and insurance offset pressure from lower interest rates

2026-08-07T12:52:30.000Z

UPDATED 13 hours ago

Latest T-bills Treasury Bills Results & Interest News Latest SSB Singapore Savings Bonds News Latest COE Certificate of Entitlement News

Latest Johor-Singapore SEZ News Latest BTO Build To Order & Sales of Balance News Latest STI Straits Times Index News Latest SGX Dividends, Share Price News Latest Bonds Market News Latest Singapore Stocks To Buy News Latest Singapore Economy News