Business
Opec+ set to raise oil output further from October: sources
[LONDON/MOSCOW] Opec+ is set to agree to further raise oil output on Sunday (Sep 7) while probably slowing the pace of increases from…
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Business
TikTok owner ByteDance sets valuation at over US$330 billion as revenue grows: sources
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant…
Politics
Qatar presents 'new additions' to Gaza hostage deal, sources tell 'Post'
Israel has emphasized its commitment to adhering to the conditions presented by Prime Minister Benjamin Netanyahu. In recent days, Qatar…
Politics
Trump weighs using US$2 billion in Chips Act funding for critical minerals, sources say
THE Trump administration is considering a plan to reallocate at least US$2 billion from the Chips Act to fund critical minerals projects…
News
US embeds trackers in AI chip shipments to catch diversions to China: sources
US authorities have secretly placed location tracking devices in targeted shipments of advanced chips they see as being at high risk of…
Business
Temasek-backed ST Telemedia is said to consider selling stake in data centre operator GDS: sources
ST Telemedia (STT) is considering selling its holding in Chinese data centre operator GDS Holdings, people familiar with the situation…
Business
Carro targets US IPO with over US$3 billion valuation: sources
Singapore-based Carro, South-east Asia’s largest used-car online marketplace, is preparing for a US initial public offering as early as…
News
Air India taps Singapore Airlines to bolster fleet upkeep after crash: sources
Air India plans to lean on shareholder Singapore Airlines (SIA) to move some aircraft maintenance services in-house instead of outsourcing…
News
Sources: Several deaths as train derails in south-western Germany
Several people were killed and many others injured after a passenger train derailed in south-western Germany on Sunday, security sources…
News
Several deaths as train derails in south-western Germany, sources say
Several people were killed and many others injured after a passenger train derailed in south-western Germany on Sunday, security sources…
Fashion
LVMH in talks to offload fashion label Marc Jacobs: sources
French luxury goods group LVMH is in discussions with multiple buyers to offload its fashion label Marc Jacobs, sources familiar with the…
Politics
Jack Ma-backed Ant to add Circle’s stablecoin to global net: sources
Jack Ma-backed Ant Group is working with Circle Internet Group to adopt its stablecoin on the Chinese fintech company’s blockchain…
News
Greek ship sinks off Yemen after Houthi attack, crew being rescued, sources say
Some of the crew were in lifejackets in the water, and at least five people have been rescued so far, two of the sources said. The…
News
Palestinian sources report deaths from Israeli air attacks
Palestinian sources on Sunday reported at least 17 deaths resulting from Israeli air attacks on targets in the Gaza Strip. At least 10…
News
Hamas expected to give response to hostage deal within coming hours, sources tell 'Post'
The proposal, presented by Qatar and based on the Witkoff framework, calls for the release of 10 living hostages and 18 bodies during a…
News
US may target Samsung, Hynix, TSMC operations in China: sources
The US Department of Commerce is considering revoking authorisations granted in recent years to global chipmakers Samsung, SK Hynix and…
Politics
Exclusive-Brazil government to defend bill cutting tax breaks by 10%, says sources
By Lisandra Paraguassu and Ricardo Brito BRASILIA (Reuters) -Brazil's government is expected to back a bill proposing a 10% cut to federal…
Business
Airbus warns airlines that delays will last three years: sources
Airbus is warning airlines that delays in deliveries will persist for another three years as it works through a backlog of supply chain…
Business
China’s answer to World Bank could open Singapore, HK offices: sources
The Asian Infrastructure Investment Bank is looking to open new offices in Hong Kong and Singapore, according to people familiar with the…
Business
Japan to consider trimming super-long bond issuance: sources
The MOF will make a decision after holding discussions with market participants around mid- to late-June, the sources says Japan will…
Business
India’s central bank seeks approval for overseas rupee lending: sources
India’s central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend the currency…
Business
Saudi Aramco considers asset sales to free up funds: sources
Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with knowledge of the matter said, as it…
Business
Foxconn among potential bidders for Singapore chip assembly firm UTAC in US$3 billion deal: sources
Taiwan’s Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that…
Business
OnlyFans owner in talks to sell to investor group at about US$8 billion value: sources
OnlyFans owner Fenix International is in talks to sell the porn-driven company to an investor group at a valuation of around US$8 billion,…