Business
Gold falls after US-Vietnam trade deal; US payroll data eyed
Gold prices declined on Thursday (Jul 3) after a US-Vietnam trade deal eased tensions, while investors awaited the US payroll data later…
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Business
Business
Ban Leong Technologies privatisation offer closes with 96.6% valid acceptances
The offeror, a unit of Nasdaq-listed GCL Global, plans to compulsorily acquire all remaining unacquired shares and delist the company The…
Business
Ripple applies for US national bank charter as crypto eyes next frontier
The move reflects a broader push by crypto firms for regulatory clarity and deeper integration with the traditional financial system…
Business
Addvalue Technologies bags new orders worth US$1.46 million for advanced digital radio-related business
They are for the supply of the company’s proprietary highly compact software defined radio modules to customers in the defence technology…
Business
Stocks to watch: Seatrium, Ban Leong, Oiltek, Addvalue
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 3): Seatrium: The group has…
Business
Oracle, OpenAI expand Stargate deal for more US data centres
OpenAI has agreed to rent a massive amount of computing power from Oracle data centres as part of its Stargate initiative, underscoring…
Business
Management booted out as Japan’s shareholders flex their muscles in AGMs
Japan’s annual general meetings in June saw a CEO voted out and an entire board of directors replaced in a sign shareholders are…
Business
TikTok cuts more workers from US e-commerce division
US President Donald Trump has said he has a buyer lined up for the app, and just needs approval from the Chinese government for the sale…
Business
Tesla reports lower car sales, extending slump
Tesla reported another hefty drop in auto sales on Wednesday, extending a difficult period amid intensifying electric vehicle competition…
Business
Europe: Shares gain on renewable energy, luxury boost
EUROPEAN shares ended higher on Wednesday, led by renewable-energy stocks after a revised budget bill in the United States passed a…
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…
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…