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Singapore Shifts to Part-Time Domestic Workers as MOM Rules Tighten, May 28
Singapore’s domestic worker market shifts toward part-time helpers due to stricter MOM regulations, higher insurance costs, and limited HDB space.
DBS Deploys 430 AI Use Cases, Generates S$1B Value in 2025
DBS deploys 430 AI use cases and 2,000+ models, generating S$1 billion in value during 2025 with operational and risk management gains.
India’s First Hydrogen Train Gets Approval for Jind-Sonipat Route, May 27
Indian Railways’ first hydrogen-powered train for Jind-Sonipat route operates at 75 kmph with 1200 KW fuel cell, emitting only water vapor.
LUNR Stock Falls 8.9% After NASA Picks Rivals for Lunar Rovers, May 27
LUNR stock drops 8.9% after NASA selects Astrolab and Lunar Outpost for rover contracts. Intuitive Machines retains $180.4M payload deal.
Baltic Dry Index Bounces 3.1% on Capesize Demand Surge, May 27
Baltic Dry Index rises 3.1% to 3,085 on May 26 as Chinese coking coal prices hit highest since late 2024, boosting shipping demand.
Santiago Airport Reopens After Month-Long Runway Overhaul, May 28
Santiago-Rosalía de Castro Airport reopens May 28 after runway renovation. 3.6 million passengers affected. UK flights resume.
Red Arrows Cut Fleet to 7 Jets as Hawk T1s Age, May 27
RAF Red Arrows reduce fleet to 7 aircraft to preserve ageing Hawk T1 jets ahead of 2030 retirement, with annual maintenance costs of £27.7m.
FTSE 100 Rises 0.7% as Mining Stocks Surge on Iran Peace Hopes, May 27
FTSE 100 rises 0.7% on mining strength and Iran peace optimism. BP shares fall 4% after chairman ousted. Brent crude at $98.40.
Xiaomi Profit Crashes 57% on Chip Costs, Stock Falls 5.3% May 27
Xiaomi’s Q1 2026 net profit fell 57% to 4.72 billion yuan due to memory chip shortage and weak demand. Stock dropped 5.3%.