Business
Euro zone economy holds up even as ECB speakers look to temper market view of no more cuts
The euro zone economy has remained resilient to the pervasive uncertainty caused by a global trade war, a slew of data showed on Friday…
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Business
Business
Global Stocks Dip Ahead of Trump's Tariff Deadline and Key Central Bank Decisions
Investors around the world retreated from the stock market on Friday to lock in profits after a strong week. The MSCI global stock index…
Business
Intel plans to shed thousands of workers
Intel, once the most valuable U.S. chipmaker, faces an uphill battle as it tries to stay relevant in the artificial intelligence race. On…
Business
Intel slumps as potential foundry exit deepens investor gloom
Intel shares sank 8 per cent on Friday (Jul 25) after the company warned of exiting chip manufacturing if it fails to secure a major…
Business
US: Wall St opens steady as investors prepare for August 1 deadline
Wall Street’s main indexes opened steady on Friday (Jul 25) following record closes for the S&P 500 and the Nasdaq in the previous…
Business
Laurie Jalloul is Creating a New Language of Luxury
In a world of fashion that often celebrates noise, speed, and spectacle, Laurie Jalloul has built her legacy through something far more…
Business
iFast posts 37.9% rise in Q2 net profit to S$22.1 million
Digital bank and wealth management platform iFast Corp reported a 37.9 per cent increase in net profit for the second quarter ended June…
Business
S&P downgrades SingPost’s credit rating to ‘BBB-’ on downscaling, subdued operating conditions
S&P Global Ratings on Friday (Jul 25) downgraded its long-term issuer credit rating on Singapore Post (SingPost) to “BBB-” from “BBB”, as…
Business
VW cuts outlook after US tariffs added 1.3 billion euros in costs
Volkswagen lowered its financial outlook for the year, with the escalating cost of President Donald Trump’s tariffs weighing on earnings…
Business
STMicro acquires part of NXP Semiconductors’ sensor business for US$950 million
Purchase price consists of US$900 million up front, and US$50 million subject to the achievement of technical milestones…
Business
STMicro to acquire part of NXP Semiconductors’ sensor business for US$950 million
Purchase price consists of US$900 million to be paid up front, and US$50 million to be paid subject to the achievement of technical…
Business
STI falls on Friday, in tandem with most regional indices; STI down 0.3%
Across the broader market, advancers outnumber decliners 335 to 245 after 2.2 billion shares worth S$1.8 billion change hands The Straits…
Business
Intel to Lay-Off 24,000 Employees, Scrap Europe Projects in Major Restructuring Drive
Intel is set to slash about 24,000 jobs—nearly a quarter of its global workforce—by the end of 2025 as part of a sweeping cost-cutting…
Business
As Binance stays and Tokenize leaves, Singapore’s crypto sector is seeing change
Tokenize Xchange said on Sunday (Jul 20) that it will exit Singapore after failing to secure a Major Payment Institution (MPI) licence,…
Business
Staika Appoints New CEO Kritsanapong Charoenpit, Announces Global Expansion Strategy
Staika, the lifestyle and movement-based rewards platform, today announced the appointment of Kritsanapong "Nuk" Charoenpit as Chief…
Business
Tech firms to showcase AI innovations in a China under US sanctions
Tech firms huge and small will converge in Shanghai this weekend to showcase their artificial intelligence innovations and support China’s…
Business
JPMorgan raises STI target, upgrades real estate sector
Analysts from JPMorgan raised their target on the Straits Times Index (STI), with a higher base and bull target of 4,500 and 5,000,…
Business
China’s 1.2 trillion yuan mega-dam project lifts metals markets, but not a quick fix for glut
China’s launch of a 1.2 trillion yuan (S$218.5 billion) mega-dam project in Tibet has energised metal markets, though analysts warn its…
Business
China’s 1.2 trillion yuan dam project lifts metals markets, but isn’t a quick fix for glut
China’s launch of a 1.2 trillion yuan (S$218.5 billion) mega-dam project in Tibet has energised metal markets, though analysts warn that…
Business
Most Singaporeans are unprepared and underinsured for long-term care: Singlife
Only one in three Singaporeans have taken out additional insurance to cover the cost of long-term care, and more than half of them…
Business
The rise and fall of New Silk Road, one of the longest-running hedge funds in Singapore
Investment management firm New Silk Road announced earlier in July that it will be closing its doors after a 16-year run in Asia. Based in…
Business
Sony buys stake in ‘Gundam’ owner to grow anime business
Sony has bought a strategic 2.5 per cent stake in Japanese game franchise giant Bandai Namco, which owns Gundam and arcade classic…
Business
Asia: Markets turn lower as trade war rally fades
Asian stocks fell on Friday as their latest rally ran out of legs, with sentiment weighed by strong US jobs data that saw investors row…
Business
Gold holds dip as traders pare rate cut bets on US job strength
held a decline on Friday - but remained on track for a small weekly gain - as resilient US jobs data reinforced views that the Federal…