Business
Trump says next Fed chair will believe in lower interest rates ‘by a lot’
US President Donald Trump said on Wednesday the next chairman of the US Federal Reserve will be someone who believes in lower interest…
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Business
Business
Meet Swan Beauty, the AI-Powered Personal Vanity Mirror
The pandemic-era interactive workout mirror is getting a beauty equivalent. Called Swan Beauty, the new AI and AR mirror that features…
Business
Apac real assets show strength in 2025; NTT DC Reit anchors conviction by investors in data centres: report
Despite ongoing geopolitical and trade uncertainty weighing on business sentiment, conditions have improved for real estate in Apac in…
Business
BP appoints Woodside’s Meg O’Neill as CEO after Auchincloss’ abrupt exit
OIL and gas major BP has appointed Meg O’Neill, the head of Australia’s Woodside Energy, as its next CEO to lead its effort to boost…
Business
OCBC users hit by mobile and online log-in error
Subsequent checks show an error message that says OCBC is working to resolve the issue OCBC digital users were unable to log-in to the…
Business
OCBC users hit by short-lived mobile and online log-in error
Subsequent checks show an error message that says OCBC is working to resolve the issue OCBC digital users were unable to log-in to the…
Business
OCBC users hit by short-lived mobile and online log-in error; bank says issue resolved
OCBC digital users are now able to access mobile and online banking services, following a short-lived outage on Thursday (Dec 18) morning.…
Business
Asian markets track Wall Street lower as AI fears mount
ASIAN markets sank on Thursday after another sell-off on Wall Street as worries over the tech sector’s colossal spending on artificial…
Business
Why China isn’t rushing to buy Nvidia’s H200 AI chip
The US is offering China Nvidia’s second-fastest AI chip, the H200, but Beijing is holding back. Behind the hesitation lies a high-stakes…
Business
KGI starts Ever Glory at ‘outperform’ with S$1.20 target amid high construction demand in Singapore
Its asset-light model and careful working-capital management enable disciplined expansion, says analyst KGI Securities has initiated…
Business
Apple makes changes to iOS software in face of stricter Japanese rules
APPLE is making changes to its iOS software in Japan to comply with a new local law aimed at fostering competition, part of broader…
Business
Coinbase announces entry into prediction markets, stocks
COINBASE Global has announced its entry into prediction markets and equities trading. The biggest crypto exchange in the US said on…
Business
Stocks to watch: Singtel, Stoneweg Europe Stapled Trust, Acrophyte Hospitality Trust, HG Metal
The following companies saw new developments that may affect trading of their securities on Thursday (Dec 18): Singtel: The board of its…
Business
Stoneweg Europe Stapled Trust refinances, extends 85 million euro facility agreement
The manager of Stoneweg Europe Stapled Trust (Sert) on Thursday (Dec 18) announced that it has refinanced and extended an 85 million euro…
Business
US FTC probes Instacart’s AI pricing tool, source says; shares drop
Shoppers viewing Instacart prices saw wildly different prices for the same items sourced at the same stores THE US Federal Trade…
Business
ANZ hit with second “strike” as shareholders dissent over pay report
AUSTRALIAN lender ANZ Group’s new CEO will forgo his short-term bonus this year, while a significant minority of shareholders opposed the…
Business
Sembcorp’s purchase of Alinta has green risks
Post-acquisition, the Australian utility may present significant capital expenditures or a slower-than-expected green transition At the…
Business
Pop Mart’s 40% stock rout shows growing worry over Labubu crash
Concerns remain whether Labubu is a durable long-term character or a fashion trend LABUBU mania appears to be ebbing as quickly as it…
Business
Binance weighs US strategy as billionaire Zhao regains clout
Binance has positioned Yi He’s promotion, who is Zhao’s partner, as a sign of stability CHANGPENG Zhao has unfinished business. The…
Business
Micron forecasts blowout earnings on booming AI market, shares rise 5.7%
MICRON Technology forecast second-quarter adjusted profit at nearly double what Wall Street analysts expected on Wednesday, buoyed by…
Business
Micron surges as global memory chip shortage boosts profit forecast
It is set to add over US$30 billion to its market capitalisation, if premarket gains hold MICRON Technology shares rose nearly 14 per cent…
Business
Boot Sales Had a Slow Start This Fall, But Business Is Now More Brisk as Winter Takes Hold
Winter weather has arrived, setting the stage for boot-selling season. Tall boots, short boots, booties, block heel boots and square toe…
Business
European equities muted as tech valuation concerns linger; UK markets outperform
EUROPEAN shares were little changed on Wednesday with losses in technology stocks offsetting strong performance from basic resources amid…
Business
Wall Street closes lower as AI funding jitters drag tech stocks
WALL Street’s main indexes closed lower on Wednesday, with the S&P 500 and the tech-heavy Nasdaq sinking to three-week lows as nagging…