Latest Singapore News

Hyundai's Supernal and Embraer-backed Eve Air Mobility see future in electric-powered air taxis

Feb. 22, 2024 02:05 AM EST

SINGAPORE (AP) — As the aviation sector seeks ways to make air travel less polluting and more sustainable, aerospace company Embraer and South Korean automaker Hyundai are among the companies betting on a new form of air travel -– air taxis. Hyundai’s Supernal and...

Singapore Airshow kicks off with aerial displays; Boeing and China's COMAC announce new orders

Feb. 20, 2024 22:28 PM EST

SINGAPORE (AP) — The Singapore Airshow — Asia’s largest — kicked off Tuesday with an array of aerial displays including some by China’s COMAC C919 narrow-body airliner, with aircraft manufacturers such as COMAC and Boeing announcing new orders. It’s the first time...

Singaporeans bemoan U.S. Senator's 'ignorant' grilling of TikTok CEO

Feb. 02, 2024 07:29 AM EST

SINGAPORE (AP) — After a U.S. senator grilled the Singaporean CEO of TikTok about his nationality and suggested he was affiliated with the Chinese Communist Party, Singaporeans are complaining about ignorant — or even racist — views of their country. TikTok CEO Shou Chew and...

Flex: Fiscal Q3 Earnings Snapshot

Jan. 31, 2024 17:21 PM EST

SINGAPORE (AP) — SINGAPORE (AP) — Flex Ltd. (FLEX) on Wednesday reported fiscal third-quarter net income of $197 million. The Singapore-based company said it had profit of 45 cents per share. Earnings, adjusted for one-time gains and costs, were 71 cents per share. ...

Kulicke and Soffa: Fiscal Q1 Earnings Snapshot

Jan. 31, 2024 16:26 PM EST

SINGAPORE (AP) — SINGAPORE (AP) — Kulicke and Soffa Industries Inc. (KLIC) on Wednesday reported fiscal first-quarter net income of $9.3 million. On a per-share basis, the Singapore-based company said it had profit of 16 cents. Earnings, adjusted for one-time gains and costs,...

Malaysia's new king is an outspoken billionaire in a role with growing political influence

Jan. 31, 2024 08:33 AM EST

KUALA LUMPUR, Malaysia (AP) — The billionaire sultan who rules Malaysia’s Johor state was sworn in as the nation’s new king Wednesday under a unique rotating monarchy system. Sultan Ibrahim Iskandar, 65, took his oath of office at the palace and signed the instrument of the...

A Singapore minister is charged with corruption, accused of taking tickets to F1 races and musicals

Jan. 18, 2024 03:58 AM EST

KUALA LUMPUR, Malaysia (AP) — Singaporean Transport Minister S. Iswaran was charged Thursday in the first ministerial corruption case ever seen in the Asian financial hub known for squeaky clean government. The Corrupt Practices Investigation Bureau said in a statement that...

At trial, a Russian billionaire blames Sotheby's for losing millions on art by Picasso, da Vinci

Jan. 09, 2024 11:53 AM EST

NEW YORK (AP) — Sotheby’s defended itself at a trial Monday against accusations that it helped defraud a Russian oligarch out of tens of millions of dollars, saying it knew nothing of wrongdoing by an art buyer who advised the billionaire on buying works by famed artists like Amedeo Modigliani...

'Fat Leonard,' a fugitive now returning to the US, was behind one of the military's biggest scandals

Dec. 20, 2023 15:36 PM EST

WASHINGTON (AP) — Returning convicted defense contractor Leonard “Fat Leonard” Francis to U.S. custody as part of the Venezuelan prisoner swap on Wednesday is the latest twist in a decade-long salacious saga and bribery scheme that swept up dozens of American Navy officers. One...

Cargo ship breaks down in Egypt's Suez Canal and crashes into a bridge. Traffic is not disrupted

Dec. 06, 2023 13:17 PM EST

CAIRO (AP) — A cargo ship broke down in Egypt's Suez Canal on Wednesday and crashed into a bridge over the crucial waterway, authorities said, adding that the incident did not disrupt canal traffic. The Singapore-flagged One Orpheus went off course after its rudder broke down...