Business
Oil gains on supply concerns, investors await July Opec+ output decision
Oil prices gained more than 1 per cent on Wednesday on supply concerns as Opec+ agreed to leave their output policy unchanged and as the…
Kim Browne
Kim Browne is an editor at Cosmopolitan Canada whose work focuses on lifestyle and contemporary issues.
Her editorial interests include stories that connect current events, culture, and the experiences of modern readers.
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Business
US: Stocks retreat as Treasury bond yields climb
Wall Street stocks retreated on Wednesday ahead of earnings from artificial intelligence titan Nvidia, with US Treasury bond yields…
Unsorted
Trump Considering Pardons for Men Who Tried to Kill Gretchen Whitmer
“What are you refer—foreign visas for what? Are you talking about for colleges?” Trump asked. The reporter replied in the affirmative, to…
News
Stephen Miller Yells at ICE Agents About New Order to Ramp Up Arrests
Trump adviser Stephen Miller and Homeland Security Secretary Kristi Noem are giving ICE new ramped-up immigrant arrest quotas, demanding…
Business
mm2 Asia to sell 21.02% of its stake in subsidiary Vividthree to PE fund for S$1.7 million
Mainboard-listed media company mm2 Asia on Wednesday (May 28) entered into a sale and purchase agreement with private equity fund Hildrics…
Business
Airbus warns airlines that delays will last three years: sources
Airbus is warning airlines that delays in deliveries will persist for another three years as it works through a backlog of supply chain…
Business
Indonesia antitrust agency finds risk of monopoly from TikTok’s Tokopedia takeover
The agency says it found rising market concentration and warned of possible post-acquisition price hikes due to increased dominance…
Business
Exxon enters talks to sell French business for 400 million euros
ExxonMobil entered exclusive talks to sell its entire 82.89 per cent stake in French unit Esso SAF, including a key refinery, to North…
Business
Nissan offers buyouts to US workers, halts global pay rises, internal emails show
Japan’s Nissan has started offering buyouts to US workers and has suspended merit-based wage increases worldwide, internal emails reviewed…
Business
Nissan offers buyouts to US workers, halts global pay rises, internal e-mails show
Japan’s Nissan has started offering buyouts to US workers and has suspended merit-based wage increases worldwide, internal e-mails…
Business
Shein working towards Hong Kong listing after London IPO stalls
Shein is working towards a listing in Hong Kong after the online fast-fashion retailer’s proposed initial public offering (IPO) in London…
Business
China’s answer to World Bank plans to open Singapore, HK offices
The Asian Infrastructure Investment Bank is looking to open new offices in Hong Kong and Singapore, according to people familiar with the…
Business
China’s answer to World Bank could open Singapore, HK offices: sources
The Asian Infrastructure Investment Bank is looking to open new offices in Hong Kong and Singapore, according to people familiar with the…
Business
SunMoon sinks to S$1.5 million loss in FY2025 despite higher revenue
Fruit distributor SunMoon Food Company has sunk into the red with a net loss of S$1.5 million for the full year ended March, compared with…
Business
Asia: Stocks track Wall Street rally as trade fears ease, eyes on Japan debt
Asian equities rose on Wednesday following a Wall Street rally as traders cheered forecast-beating US consumer confidence data and a drop…
Unsorted
Starship megarocket blows up over Indian Ocean in latest bumpy test
SpaceX’s prototype Starship exploded over the Indian Ocean on Tuesday, capping another bumpy test flight for the rocket central to…
Business
US warns Pirelli risks restrictions due to Chinese investor
The US government warned Italy’s Pirelli & C that vehicles containing its advanced sensors technology could be restricted from sale in…
Business
UBS’s Iqbal Khan sees rich customer demand for alternative assets
Wealthy customers of UBS Group are looking to buy more alternative assets as they seek to diversify investments during a volatile period…
Business
Gold stages rebound as US dollar, Treasury yields slip
Gold prices gained on Wednesday (May 28), helped by a slight retreat in the US dollar and lower US bond yields as investors await a US…
Unsorted
SingHealth Duke-NUS’ AI spinoff inks MOUs with Roche, ST Engineering to improve healthcare operations
Enigma Health, a healthcare artificial intelligence (AI) spinoff from SingHealth Duke-NUS Academic Medical Centre, has inked separate…
Business
Stocks to watch: OCBC, Amara, Valuetronics
The following companies saw new developments that may affect trading of their securities on Wednesday (May 28). OCBC: The bank announced…
Business
Salesforce to buy Informatica for US$8 billion to bolster AI data tools
Salesforce said on Tuesday (May 27) it would buy Informatica for about US$8 billion, betting on the data management platform to sharpen…
Business
GM to invest US$888 million for engine production at New York facility
General Motors is investing US$888 million at a New York propulsion plant to increase engine production and build a next-generation V8,…
Business
TSMC to open chip design centre in Munich, could later support AI development
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, said on Tuesday (May 27) it will open a design…