Business
Japan’s bond market faces first 30-year sale since issuance cut
Japan’s auction of 30-year sovereign notes on Thursday (Jul 3) is shaping up as a barometer of policymakers’ success in quelling…
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Business
Business
US: S&P 500, Nasdaq end at record highs after US-Vietnam trade deal
The S&P 500 and Nasdaq ended at fresh records on Wednesday after President Donald Trump announced a trade deal with Vietnam, offsetting…
Business
Tesla sales continue to slide amid competition and backlash against Elon Musk
As Elon Musk scrambles to restore Tesla’s reputation and deliver on promises of autonomous driving technology, vehicle sales for the…
Business
Microsoft lays off thousands in latest cuts to state's tech industry
There was more bad news for the tech sector Wednesday as Microsoft announced reductions to staff, preparing for thousands of layoffs…
Business
Microsoft begins deep job cuts across Xbox division
Microsoft’s gaming division began informing employees of job cuts on Wednesday (Jul 2) morning, part of a broader culling at the software…
Business
Microsoft to cut about 9000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9000 people, the company said on Wednesday (Jul 2), in the latest job…
Business
Microsoft to cut about 9,000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9,000 people, the company said on Wednesday (Jul 2), in the latest job…
Business
Solar PV to drive renewable power expansion in Nigeria
The renewable energy sector in Nigeria presents a wealth of growth opportunities. Nigeria plans to increase the share of renewable…
Business
US: Wall Street opens slightly lower after weak jobs data; Tesla rises
STOCKS opened lower on Wednesday (Jul 2) as surprisingly weak US private jobs data raised concerns about the labour market, while Tesla…
Business
Schroders picks Singapore for global digital assets hub
International investment manager Schroders has chosen Singapore as the base for its new Global Digital Assets Centre of Excellence. The…
Business
Visa, Mastercard race to tame a US$253 billion crypto threat
A turf war is breaking out in the vast world of digital payments – and the incumbents are suddenly on defence. Tech firms and crypto…
Business
STI closes at record high of 4,010.77 as investors seek safe haven
The index closes 0.5% higher while across the broader market, gainers beat decliners 302 to 186 after 1.3 billion securities worth S$1.5…
Business
UOL leads STI to record high of 4,010.77
The index closes 0.5% higher while across the broader market, gainers beat decliners 302 to 186 after 1.3 billion securities worth S$1.5…
Business
Keppel's coup if Piyush Gupta becomes chairman soon.
Piyush Gupta is back at the heart of Singapore’s listed corporate scene. The 65-year-old, who left DBS in late March after serving as…
Business
Alibaba Cloud launches global AI innovation hub in Singapore, two data centres in Malaysia, Philippines
Alibaba’s cloud computing arm on Wednesday (Jul 2) launched a global artificial intelligence (AI) innovation hub in Singapore, which will…
Business
UOB Thailand, Frasers Property team up to help companies expand in Asean
UOB Thailand and Frasers Property Industrial Thailand have signed a strategic memorandum of understanding (MOU) on Wednesday (Jul 2) to…
Business
Spring of Youth Ending, Episode 10 (Finale): Will the Drama Conclude With a Happy Ending?
The ending of Spring of Youth will be packed with surprising plot twists and exciting story developments. Ahead of the finale, the…
Business
Asian CFOs brace for downturn, but eye expansion: survey
More than eight in 10 Asian chief financial officers (CFOs) expect the global economy to worsen in the coming months – a markedly more…
Business
Adrian Cheng Resigns From Non-Executive Director Role
Adrian Cheng, the fashion investor and third-generation heir to New World Development, one of Hong Kong‘s largest real estate companies,…
Business
Alibaba offers 50 billion yuan of subsidies to defend turf in China
The world’s second-largest economy’s e-commerce leader is facing growing challenges from up-and-comers such as PDD Holdings Alibaba Group…
Business
Asia Stocks Slip as Tariff Deadline Looms, Dollar Weakens Again
Asian shares slid midweek as concerns mounted about trade deadlines set by U.S. President Trump. He dismissed the idea of extending the…
Business
SoftBank’s Ampere deal faces in-depth US probe in threat to AI ambitions
SoftBank Group’s US$6.5 billion acquisition of semiconductor designer Ampere Computing is facing a potentially lengthy probe by the US…
Business
Manhattan home sales surge 17% with cash buyers leading the way
Manhattan home sales in the second quarter were stronger than they have been in almost two years, boosted by cash buyers undeterred by the…
Business
MMC Port moves closer to launching Malaysia’s biggest IPO in 13 years
The port operator will not receive any proceeds from the initial public offering, but it is upbeat about its financial strength Port…