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Category: economy

  • Elon Musk Joins Trump and Modi in Urgent Call Amid Global Crisis

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    A recent development has drawn attention as Elon Musk, the CEO of Tesla and SpaceX, reportedly participated in a high-stakes phone call with U.S. President Donald Trump and Indian Prime Minister Narendra Modi. The conversation took place amid escalating global tensions, including conflicts in Ukraine and regional disputes that have…

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  • Terafab’s Plans Likely to Have Minimal Impact on TSMC

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    Investors and industry analysts have been closely monitoring recent developments surrounding Terafab, a startup founded by Elon Musk. The company has been exploring potential partnerships and strategic moves in the semiconductor sector, but according to recent reports, these initiatives are expected to have limited influence on Taiwan Semiconductor Manufacturing Company…

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  • Market Volatility Rises as Tech Stocks Face Pressure from New Trading Tools

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    The stock market has experienced heightened volatility in recent weeks, with tech sector stocks under scrutiny amid reports of a new trading platform launching tools that could disrupt traditional market dynamics. Analysts attribute the uncertainty to emerging technologies and shifting investor strategies, which are reshaping how financial markets operate. New…

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  • Tiger Beer to Discontinue Singapore Production After 96-Year Run

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    Singapore’s iconic Tiger Beer brand will cease its local brewing operations after a century and six years of production, marking the end of an era for the home-grown beer. The decision, announced by Heineken Asia Pacific, involves phasing out brewing at the Tuas brewery over the next two years, with…

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  • Singapore delays green jet fuel levy to January 1, 2027

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    Singapore has postponed its green jet fuel levy, which was set to apply to flights departing from the city-state starting October 2026. The decision follows concerns about the impact of the ongoing Middle East conflict on airlines and passengers, according to the Civil Aviation Authority of Singapore (CAAS). The levy…

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  • Singapore Aims to Strengthen Its Role as a Global Gold Trading Hub

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    Singapore has announced plans to expand its position as a key player in global gold trading, driven by growing demand from investors seeking secure storage and investment opportunities. The Monetary Authority of Singapore (MAS) and the Singapore Bullion Market Association (SBMA) outlined these initiatives on March 27, 2026, following discussions…

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  • Airlines in Asia Raise Fares Amid Jet Fuel Surge, Tension Over Middle East Conflict

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    Singapore Airlines (SIA) and its budget subsidiary Scoot have increased airfares across their networks to offset the sharp rise in jet fuel prices, a trend mirrored by other Asian carriers. The surge is linked to the ongoing Middle East conflict, which has disrupted oil supplies through critical routes like the…

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