CNA (Channel NewsAsia) – Business

CNA (Channel NewsAsia) – Business

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Singapore and Asia corporate/markets desk, macro and sector moves.

Former Raffles United Holdings Managing Director Fined S$430,000 for Manipulating Market to Inflate Share Price
NewsApr 15, 2026

Former Raffles United Holdings Managing Director Fined S$430,000 for Manipulating Market to Inflate Share Price

Former Raffles United Holdings managing director Gilbert Teo was fined S$430,000 (about $318,000) after a court found he manipulated share trading to prop up the company’s price between June 2017 and April 2018. He used a brother‑owned trading account and directed an employee...

By CNA (Channel NewsAsia) – Business
Patek Philippe’s 50th Anniversary Nautilus Collection and Other New Releases at Watches and Wonders 2026
NewsApr 14, 2026

Patek Philippe’s 50th Anniversary Nautilus Collection and Other New Releases at Watches and Wonders 2026

Patek Philippe celebrated the Nautilus line’s 50th anniversary at Watches and Wonders 2026 by unveiling four limited‑edition Nautilus models, ranging from 38 mm platinum to 41 mm white‑gold cases, each capped at 1,000‑2,000 pieces. The brand also introduced a desk‑watch version of the...

By CNA (Channel NewsAsia) – Business
Super Junior’s Leeteuk and Heechul Form New Sub-Unit, Bringing Fan-Con Tour to Singapore on Oct 16
NewsApr 14, 2026

Super Junior’s Leeteuk and Heechul Form New Sub-Unit, Bringing Fan-Con Tour to Singapore on Oct 16

Super Junior’s veteran members Leeteuk and Heechul are forming a new sub‑unit called Super Junior‑83z, slated to debut in July 2026. The duo will launch a “fan‑con” tour that blends concert performance with interactive fan‑meeting elements, beginning in Seoul and...

By CNA (Channel NewsAsia) – Business
How Trusted Data Turns Corporate Reporting Into a Strategic Advantage
NewsApr 13, 2026

How Trusted Data Turns Corporate Reporting Into a Strategic Advantage

Workiva’s AI‑powered platform is enabling "assured integrated reporting" by unifying financial, ESG and risk data into a single, auditable framework. The push comes as Singapore mandates climate reporting for listed firms, raising expectations for data accuracy and traceability. A Workiva...

By CNA (Channel NewsAsia) – Business
Hong Kong’s AI-Driven Push Draws Global Innovators
NewsApr 13, 2026

Hong Kong’s AI-Driven Push Draws Global Innovators

Hong Kong’s government‑backed Cyberport is accelerating an AI‑driven innovation push, now supporting over 2,300 startups from 27 countries, including 17 listed firms and eight unicorns. Companies in the hub collectively hold a market capitalisation of more than HK$336 billion (≈US$43 billion) and...

By CNA (Channel NewsAsia) – Business
Commentary: Momentum Is Growing Worldwide to Make Social Media Less Addictive
NewsApr 9, 2026

Commentary: Momentum Is Growing Worldwide to Make Social Media Less Addictive

A California jury found Meta and Google liable for designing addictive features, awarding $6 million to a young plaintiff. The verdict focused on infinite scroll and video autoplay, arguing these mechanics prioritize time on platform over user well‑being. Similar feature‑targeted regulations...

By CNA (Channel NewsAsia) – Business
CNA Explains: The Chinatown Fatal Accident Case Has a Gag Order – Can You Still Share a Video of It?
NewsApr 9, 2026

CNA Explains: The Chinatown Fatal Accident Case Has a Gag Order – Can You Still Share a Video of It?

Singapore's High Court placed a gag order on the fatal Chinatown car crash case to shield the accused driver’s six‑year‑old son, who may be called as a witness. The order extends to the driver’s name, address, photo, vehicle details and...

By CNA (Channel NewsAsia) – Business
The New Trump Trades: How Investors Are Navigating Iran Shocks
NewsApr 8, 2026

The New Trump Trades: How Investors Are Navigating Iran Shocks

Investors are crafting a new “Trump trade” playbook after Donald Trump’s cease‑fire pledge in the Iran war, focusing on higher‑for‑longer oil prices, currency shifts, and bond market mispricings. Oil futures trade around $79, with analysts expecting a floor near $85...

By CNA (Channel NewsAsia) – Business
Nvidia Acquisition of SchedMD Sparks Worry Among AI Specialists About Software Access
NewsApr 6, 2026

Nvidia Acquisition of SchedMD Sparks Worry Among AI Specialists About Software Access

Nvidia announced the acquisition of SchedMD, the company behind the open‑source Slurm workload manager that orchestrates tasks on roughly 60% of the world’s supercomputers. Slurm is a critical component for training large language models and for government‑run high‑performance clusters. The...

By CNA (Channel NewsAsia) – Business
Shanghai Now: The City’s Most Stylish Addresses
NewsApr 5, 2026

Shanghai Now: The City’s Most Stylish Addresses

Shanghai is positioning itself as a post‑pandemic tourism hub, offering a new 10‑day visa‑free transit window for U.S. and other travelers. The city’s streets are quieter thanks to widespread electric‑vehicle adoption, while high‑speed rail and an expanded metro make navigation...

By CNA (Channel NewsAsia) – Business
Managing Million-Dollar Sinking Funds, Costly Repairs: Do Condo Councils Need Mandatory Training?
NewsApr 5, 2026

Managing Million-Dollar Sinking Funds, Costly Repairs: Do Condo Councils Need Mandatory Training?

Singapore’s 40‑year‑old Pine Grove condominium faces roughly US$2.8 million in urgent repairs, including a US$1.4 million lift replacement and a US$1.3 million façade repaint. The MCST’s sinking fund, funded by a modest US$47 monthly contribution per household, is insufficient, prompting a proposed fee...

By CNA (Channel NewsAsia) – Business
Inside Yum Cha’s Reinvention: How Melody Tan Modernised the Family Dim Sum Business
NewsApr 3, 2026

Inside Yum Cha’s Reinvention: How Melody Tan Modernised the Family Dim Sum Business

Yum Cha, a 25‑year‑old Singapore dim sum chain founded by Jack Tan, has been overhauled by executive director Melody Tan. She removed the traditional push‑cart service, halved a 100‑item menu and introduced seasonal dishes, improving food quality and reducing waste....

By CNA (Channel NewsAsia) – Business
Middle East War Disrupting Food Aid Deliveries at ‘Worst Possible Time’, Warn Humanitarian Groups
NewsApr 2, 2026

Middle East War Disrupting Food Aid Deliveries at ‘Worst Possible Time’, Warn Humanitarian Groups

The war in Iran is severely disrupting global food‑aid logistics, affecting roughly 70,000 metric tonnes of supplies—enough to feed over 800,000 people for three months. Shipping costs have surged 70%‑300% due to rerouting, congestion, and higher insurance, while air freight...

By CNA (Channel NewsAsia) – Business
Crisis Contractor for OpenAI, Anthropic Eyes a Move to Combat Extremism
NewsApr 2, 2026

Crisis Contractor for OpenAI, Anthropic Eyes a Move to Combat Extremism

ThroughLine, the crisis‑response contractor for OpenAI, Anthropic and Google, is building a tool to identify users showing violent extremist tendencies on ChatGPT and route them to deradicalisation support. The solution will blend a purpose‑built chatbot with referrals to real‑world mental‑health...

By CNA (Channel NewsAsia) – Business
CNA (Channel NewsAsia) – Business | Pulse