Business
Currency traders ditching the US dollar for euro on option bets
The euro is taking on a bigger role in the global currency options market as traders skirt around the US dollar given the risks from…
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Business
Business
Hong Kong stock rally shakes up investor playbook for China
Wall Street entered 2025 with bullish bets on onshore Chinese stocks, counting on Beijing’s stimulus drive to cushion the blow from US…
Business
Tesla to roll out robotaxis in overdue step towards Musk dream
Tesla is rolling out its first robotaxis on the streets of Austin after almost a decade of hype from Elon Musk, kicking off a precarious…
Business
Despite softer retail outlook, most S-Reits with Singapore retail assets record double-digit positive rent reversions
Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have recorded improvements in revenue and net…
Business
US investors, Asia’s ultra-rich drive growth in Asia-Pacific private credit
A slight uptick in private-credit fundraising in Asia-Pacific (Apac) last year has given market players optimism for a positive 2025, even…
Business
SunMoon Food CEO Zhang Ye boosts interests
Over the four trading sessions from Jun 13 to 18, institutions were net sellers of Singapore stocks, with net institutional outflow of…
Business
Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites
A U.S. attack on Iranian nuclear sites could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher…
Business
World Bank and IMF climate snub ‘worrying’, says COP29 presidency
The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help boost…
Business
Tesla to build first grid-scale power plant in China
Tesla announced on Friday (Jun 20) that it signed an agreement to build its first grid-scale energy storage power station project in…
Business
Apple sued by shareholders for allegedly overstating AI progress
The company shares have lost nearly one-fourth of their value since their Dec 26, 2024 record high Apple was sued on Friday (Jun 20) by…
Business
Former EMA board director now leads energy firm H2G; predecessor stays on amid court case
Former Energy Market Authority (EMA) board director Pek Hak Bin has been appointed chief executive of energy transition firm H2G Green, as…
Business
Amazon Prime Day 2025 Is Coming Soon — But You Can Already Shop the Best Early Clothing Deals
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission. In…
Business
Ralph Lauren Purple Label Men’s Spring 2026: Keeping Your Cool
Oh to be a Ralph Lauren Purple Label man, looking like a million bucks, probably having a bank account with even more zeroes – and never…
Business
AI-generated video falsely shared as aftermath of Iran's attack on Israel
After Iran fired hundreds of ballistic missiles into Israeli cities in response to Israel's military campaign, social media users shared…
Business
AI Startup Midjourney Launches Image-to-Video Creation Model V1- Here is All You Need to Know
Right after getting into legal trouble with entertainment giant Disney, AI startup has launched its image-to-video generation model V1.…
Business
Wall Street Shows Mixed Signals as S&P 500 Down 0.21%, Dow Gains 38 Points as Middle East Tensions Escalate
U.S. stock markets finished Friday with mixed results as traders continued to grapple with new geopolitical uncertainty in the Middle East…
Business
Taiwan central bank says US debt rising too fast may impact trust in Treasuries
Taiwan’s central bank governor warned on Saturday (Jun 21) that rapidly rising US debt could be “unfavourable” to the outlook for US…
Business
Tesla set to open India showrooms in July with made-in-China EVs
Tesla is set to open its first showrooms in India in July, sources familiar with the discussions said, kicking off formal operations in…
Business
Apple executives have held internal talks about buying AI startup Perplexity
Apple executives have held internal discussions about potentially bidding for artificial intelligence (AI) startup Perplexity AI, seeking…
Business
Tesla invites select few to Texas robotaxi trial with front seat safety monitors
Tesla has sent out invitations to a small group of people to join the limited test of its robotaxi service in Austin, Texas, which is…
Business
Meta discussed buying Perplexity before investing in Scale
Meta Platforms held discussions with artificial intelligence (AI) search startup Perplexity AI about a possible takeover before moving…
Business
US Federal Reserve split on whether to hedge on inflation, or proceed with cuts
The close split at the US Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came…
Business
Investors eye infrastructure sector for diversification and to ride demand
The infrastructuresector is piquing investor interest, given that data centres and the growing number of electric vehicles are consumers…
Business
Here’s Everything You Need to Know About Amazon Prime Day 2025 Home Deals
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission. In…