Business News | CuriousCats.ai

·24 July 2026 · 17:43 UTC

Quad re-imagines accessible Hi-Fi with new Elegan speakers; they serve as spiritual successors to the L series

Quad says the Elegan 1 is for 'smaller listening rooms, apartments, and dedicated two-channel systems' at $995, and the Elegan 2 for 'larger rooms and listeners seeking full-range performance' at $1,995. The speakers are available in matte black or walnut finishes on Quad's website.

+1 source·24 July 2026 · 15:03 UTC

JPMorgan moved over 30 China quant researchers to Singapore and Hong Kong

The US bank moved about 25 to 30 staff from Beijing and Shanghai to Singapore and six to Hong Kong, according to people familiar. A spokesman said Singapore is a key hub for its quantitative trading and research center of excellence, formed earlier this year to speed up electronic trading.

+1 source·24 July 2026 · 15:03 UTC

COE quota to increase by nearly 0.2% for August to October period; Category A certificates to dip further

Category A quota falls 4% to 7,134, continuing a downward trend, while Category B rises 6.2% to 5,527 and Category C increases 5.4% to 1,836. Bidding under the new quota begins Aug 3, with a longer interval between August and September exercises.

+1 source·24 July 2026 · 15:03 UTC

The number of salary claims in Singapore rose year-on-year in 2025; employment and wrongful dismissal claims also increased

The salary claims incidence rose to 2.84 per 1,000 employees in 2025, driven mainly by foreign workers whose rate increased from 4.64 to 5.16. Meanwhile, the total sum recovered hit $22 million, but the full recovery rate slipped to 92% from 94%.

·24 July 2026 · 13:27 UTC

Apple plans updates to MacBook Pro and iMac models as AI computing demand drives broader Mac redesign, report says

Some Mac mini and Mac Studio orders face shipping delays of at least three months due to memory chip shortages. Apple also plans a high-end MacBook Pro with touch screen and OLED display arriving between late this year and early next year.

+1 source·24 July 2026 · 09:44 UTC

Court orders SK Group chairman Chey Tae-won to pay ex-wife $644m; ex-wife fails to win greater share of AI boom

The court valued shares at the 2024 hearing date, before AI demand drove SK Hynix to a $1 trillion valuation, denying Roh a larger payout. Chey's lawyers expressed regret over the public concern and said they would review the ruling before responding.

+2 sources·24 July 2026 · 07:39 UTC

Global oil prices exceed $100 per barrel; Asian stocks sink, bonds struggle as oil spike stokes rate risks

Brent crude slipped 0.4% to $100.3 a barrel after surging 7% overnight to a two-month high of $102, stoking fresh inflation fears. Markets now price a one-in-three chance of a Federal Reserve rate hike as soon as next week, a dramatic shift from just a week ago.

+1 source·24 July 2026 · 06:08 UTC

China's Moonshot AI Kimi K3 rattles US; founder Yang Zhilin, a Carnegie Mellon PhD, left US to build model shaking Silicon Valley

The open-weight Kimi K3 matches leading US models in coding and reasoning for free, forcing Moonshot to suspend new subscriptions as demand overwhelms capacity. Meanwhile, US officials accuse Moonshot of distilling American models, a charge the startup denies while the release renews debate over export curbs.

·24 July 2026 · 06:08 UTC

Singapore IPO market to remain strong in 2H2026: UBS's Magni

Singapore saw five IPOs in the first half of 2026, a fivefold increase from the single listing in H1 2025, and a sixth listing in July. The rebound follows policymakers' reforms including MAS's $6.5 billion Equity Market Development Programme and a $30 million Value Unlock initiative.

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