Culture
TSMC says tariffs have some impact but AI demand robust
Published Tue, Jun 3, 2025 · 10:43 AM[HSINCHU, Taiwan] US tariffs are having some impact but demand for artificial intelligence (AI) remains strong and continues to outpace supply, the...
Bank of Japan urged to keep or slow bond taper pace from fiscal 2026
[TOKYO] The Bank of Japan (BOJ) received a sizeable number of requests to maintain or slightly slow the pace of tapering in its bond purchases from fiscal year 2026...
Australia cracks down on crypto ATMs as scams, fraud uncovered
There are now more than 1,800 machines in the country compared to just 23 in 2019, according to Austrac dataPublished Tue, Jun 3, 2025 · 10:03 AM[MELBOURNE] Australia’s financial...
Gold hovers near four-week peak on weaker US dollar, trade concerns
Published Tue, Jun 3, 2025 · 09:36 AM[BENGALURU] Gold edged up to hit a near four-week high on Tuesday (Jun 3), as a weaker US dollar and rising uncertainty...
Widjaja family’s Sinarmas Land offer closes with 98.65% resultant shareholding
[SINGAPORE] Property development group Sinarmas Land requested the Singapore Exchange (SGX) to suspend trading of its shares with effect from 9 am on Tuesday (June 3) after the Widjaja...
US airlines oppose credit card fee crackdown they say could imperil free flight offers
[WASHINGTON] Major airlines said on Monday (Jun 2) that they oppose a new effort to advance legislation that would reduce fees charged by Visa and Mastercard on transactions, adding...
Stocks to watch: CapitaLand Ascendas Reit, Sinarmas Land, Oxley Holdings
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 3): CapitaLand Ascendas Reit (Clar): The manager said on Tuesday that it received in-principle...
Merck held talks to buy biotech MoonLake for over US$3 billion: FT
Published Tue, Jun 3, 2025 · 07:45 AMMERCK has held talks to buy Swiss biotech MoonLake Immunotherapeutics for more than US$3 billion, the Financial Times reported on Monday, citing...
China’s rare earths grip gives Xi leverage in US trade duel
AFTER the US and China agreed in Geneva to lower tariffs from astronomical heights, tensions are now surging over access to chips and rare earths. And Beijing increasingly appears...
Google Deepmind CEO says global AI cooperation ‘difficult’
[LOS ANGELES] Artificial intelligence pioneer and head of Google’s Deepmind, Demis Hassabis on Monday said that greater international cooperation around AI regulation was needed but “difficult” to achieve “in...
