Business
Produce, Polo and Patina: Inside Ralph Lauren’s Intimate Summer Lunch at Mulford Farm
Ralph Lauren knows that visiting Mulford Farm isn’t typically the first stop on the Hamptons summer agenda. For most, catching sight of…
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Business
Business
Opec+ leaves traders with cliffhanger as stormy chapter ends
The Organization of the Petroleum Exporting Countries and its allies (Opec+) closed a two-year chapter in its oil strategy on Sunday (Aug…
Business
Who is Andrew Tulloch? High-Profile AI Researcher Reportedly Refuses Meta's $1billion Recruitment Offer
Since Mark Zuckerberg decided to go aggressively behind AI advancements and decided to form a superintelligence team, his company Meta is…
Business
Who is Matt Dietke? Mark Zukerberg Hires AI Prodigy with $250M Deal After He Rejects Initial Deal
US technology giant Meta, which is on a hiring spree of highly talented AI researchers, has lured one more AI prodigy, Matt Deitke, in an…
Business
The AI race has big tech spending US$344 billion this year
If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two weeks, it’s to…
Business
US dollar tumbles;traders bet on more US rate cuts after weak jobs report
THE greenback dropped on Friday (Aug 1) and was on track for its biggest daily loss against the yen since January 2023 after data showed…
Business
Wall Street banks lose ground in Europe as tariffs spook clients
AS US President Donald Trump has ratcheted up his rhetoric against trading partners in Europe, corporates across the continent are taking…
Business
iFast books S$50.3 million net institutional inflow in five sessions
Over the five trading sessions from Jul 25 to 31, institutions were net sellers of Singapore stocks. The net institutional outflow of…
Business
As Trump’s tariffs bite, investors should ensure the companies they own have strong fundamentals
It seemed like Groundhog Day again when US President Donald Trump unveiled revised reciprocal tariffs on imports from dozens of countries…
Business
CHAN 2024: Samia Suluhu promises 1 billion to the Tanzanian national team
CHAN 2024: Samia Suluhu promises 1 billion to the Tanzanian national team On the occasion of CHAN 2024, hosted in East Africa, Tanzanian…
Business
Buffett’s Berkshire hit with US$3.8 billion Kraft Heinz charge
WARREN Buffett’s Berkshire Hathaway took a US$3.8 billion impairment on its Kraft Heinz stake, the latest hit to a bet that’s weighed on…
Business
Opec+ makes another large oil output hike in market share push
Opec+ agreed on Sunday (Aug 3) to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated…
Business
Mixed H1 2025 performance, but hospitality S-Reits push ahead with portfolio reconstitution and diversification
Three out of five Singapore-listed hospitality trusts have reported half-yearly financial results for the first half of 2025 over the past…
Business
South-East Asian firms test Hong Kong waters amid IPO surge
South-east Asian companies have mostly sat out Hong Kong’s 2025 listing boom, but a cautious revival may be under way with four more…
Business
Bank of England rate cuts deliver £11 billion hit to households
Exactly one year since the Bank of England (BOE) started to cut interest rates, the pressure on households from the highest borrowing…
Business
Apple CEO tells staff AI is ‘ours to grab’ in hourlong pep talk
Apple chief executive officer Tim Cook, holding a rare all-hands meeting following earnings results, rallied employees around the…
Business
SHOCKING: Giant Octopus Attacks Young Boy at Texas Aquarium, Stares at Him from Glass Tank
In a shocking incident, an Octopus attacked a boy, 6, at the San Antonio Aquarium in Texas while the child was observing it at an…
Business
Vietnam Marks Medical Breakthrough With First Robotic Pediatric Brain Procedure
Robotic systems are fast becoming the new standard worldwide. According to Frontiers, the global medical robots market was valued at…
Business
China state media asks Nvidia to prove H20 chips are secure
China state media is calling for Nvidia to prove that its H20 chip is secure, saying it cannot allow flawed chips into the country.…
Business
Brunei tweaks Bridgewater bet to a lucrative 20% stake in firm
Brunei’s sovereign wealth fund pulled money from an investment in a Bridgewater Associates strategy to buy an almost 20% stake in the…
Business
China polysilicon firms plan 50 billion yuan fund to shut a third of industry capacity
Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan (S$8.9 billion) fund to…
Business
Barclays says credit liquidity premium gone as e-trading thrives
This premium has shrunk as electronic credit trading has boomed, bringing more liquidity to the market, according to the report The…
Business
American Eagle Responds to Critics After New Jeans Ad with Sydney Sweeney Stirred Controversy
American Eagle addressed criticism of its new denim ad campaign featuring Sydney Sweeney on August 1, releasing an online statement…
Business
Barclays latest British lender to quit climate banking alliance
The NZBA lists more than 100 members on its website, including leading international financial institutions Barclays has become the latest…