(NEW DELHI) – Discounts on Russian Urals crude oil sold to India have shrunk to just $1 to $2 per barrel against the Brent benchmark this week, a sharp shift from early July when cargoes were trading at discounts of more than $10 per barrel, three trade sources told Reuters.Continue Reading
(SINGAPORE) – More than 300,000 Visa cards held by United Overseas Bank (UOB) customers across five Southeast Asian markets will be upgraded to higher card tiers, following a partnership between the bank and Visa. The move comes after Visa introduced two new premium card categories, Visa Infinite Privilege and VisaContinue Reading
(SINGAPORE) – A new joint venture will establish a full CFM LEAP engine maintenance, repair and overhaul shop in Singapore, as SIA Engineering Company (SIAEC) moves to expand its engine servicing capacity despite reporting a fall in quarterly profit. SIAEC signed the joint venture agreement with Safran Aircraft Engines inContinue Reading
(SINGAPORE) – Singapore has climbed to fourth place in the Global Startup Ecosystem Index 2026, published by StartupBlink, marking its highest position to date. The economy now leads the Asia Pacific region and is the only one from the area to feature in the global top five. Its regional scoreContinue Reading
(BEIJING, CHINA) – Some Chinese refineries have increased purchases of sanctioned Russian crude oil even as discounts on those barrels narrow, according to trade sources. The shift comes as the escalating conflict involving Iran disrupts oil supply from the Middle East. Reuters reported that independent Chinese refiners had earlier madeContinue Reading
