Business
Amazon shares slide as US$200 billion outlay fans fears over AI returns
Big tech’s massive AI spending hike surprises analysts, raising doubts over whether returns can keep pace Amazon.com shares slid 9 per…
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Creative CEO to also be its chairman; cousin Chew Kian Giap added to board
Late founder Sim Wong Hoo’s brother will relinquish his director role from Feb 17 Creative Technology’s chief executive Sim Li Ern – a…
Business
Wall Street rebounds after week-long tech rout, Amazon down on AI capex jump
Wall Street’s main indexes opened higher on Friday (Feb 6) following a bruising sell-off in technology shares through the week, though…
Business
Goldman, JPMorgan and Bank of America boost banker, trader bonus pools by at least 10%
organ Chase, Goldman Sachs Group and Bank of America boosted their bonus pools for bankers and traders by at least 10 per cent, as the…
Business
Societe Generale launches 1.5 billion euro buyback after profit beat estimates
The reacquisition follows two extraordinary share repurchase programmes launched in 2025, worth one billion euros each Societe Generale…
Business
Bank of England cautious about risks from expected dip in inflation
Bank of England chief economist Huw Pill said on Friday (Feb 6) that there was a risk that the central bank draws too much comfort from an…
Business
Frasers Property logs S$1.4 billion in pre-sold residential revenue, boosted by China sales
The company launched the first phase of unit sales at the Fang Song Community high-end residential project in Shanghai Frasers Property…
News
Chairman of Malaysia's IJM Corp detained in anti-graft probe
The arrest happened at the agency’s headquarters following a raid on the suspect’s home Malaysia’s anti-graft body briefly detained the…
News
Australian laser maker EOS opens production centre in Singapore
The centre will produce EOS’s 100 kilowatt-class laser weapon system for Dutch and Korean customers Australia’s Electro Optic Systems…
Business
World’s largest pig breeder Muyuan up 3.9% in Hong Kong debut; Han’s CNC jumps nearly 15%
Muyuan’s HK$10.7 billion listing proceeds makes it the largest IPO since Zijin Gold International’s debut last September [SINGAPORE/HONG…
Business
Lanvin Group Sells Caruso
MILAN – Caruso’s ownership is returning to Italy. The brand’s chief executive officer Marco Angeloni said on Friday that Lanvin Group has…
Business
Tesla is no longer No. 1: This is how a Chinese competitor surged past the EV pioneer
Tesla, the 23-year-old company that brought green cars into the mainstream, has been pushed off its perch as the world’s top electric…
Business
This Is What Actual Christianity Is Supposed to Sound Like
Mary and Joseph presented Jesus at the Temple, an important moment in their family’s life. Imagine their surprise when they were accosted…
News
Kaiser workers launch war against AI, protesting potential job losses and patient harm
Workers of one of the most powerful unions in California are forming an early front in the battle against artificial intelligence, warning…
News
“My Father’s Shadow” Is Intensely—Yet Obliquely—Autobiographical
Most of the movie takes place in the span of a single day, and two clocks, political and personal, seem to be ticking out of synch,…
Business
Stellantis plunges after taking 22 billion euros hit on EVs
The writedowns, which include some 6.5 billion euros in cash payments mainly to compensate suppliers Stellantis shares fell the most on…
Business
Singapore stocks end lower on Friday, snapping three-day record streak; STI down 0.8%
Singapore stocks ended lower on Friday (Feb 6), paring earlier gains to snap a three-day record run. The benchmark Straits Times Index…
Business
Why is silver whipsawing while gold steadies? Here’s what investors should know
Industry observers say thin liquidity and speculative unwinding are behind silver’s wild swings Silver see-sawed between gains and losses…
News
Singapore: Car Fire Breaks Out at Orchard Towers Carpark, No Injuries Reported
A fire broke out late on Thursday, February 5, at Orchard Towers, sending thick smoke billowing from the mall's third-floor carpark and…
Lifestyle
Singapore ICA Warns of Heavy Congestion at Land Checkpoints During Chinese New Year Travel Period
Travellers heading in and out of Singapore via land checkpoints during the upcoming Chinese New Year period should brace themselves for…
News
Singapore: 45-Year-Old Trailer Driver Jailed 24 Weeks Over Fatal Tampines Collision that Killed Cyclist
A trailer driver was sentenced to 24 weeks' jail on Thursday, February 5, for causing the death of a cyclist in a traffic collision at a…
Business
Intel, AMD notify customers in China of lengthy waits for CPUs
The supply constraints have driven up prices for Intel’s server products in China by more than 10% Intel and AMD have notified Chinese…
News
Singapore: 2 Men to be Charged Over Government Official Impersonation Scam Cases Involving Cash, Jewellery
Two men will be charged in court on Friday, February 6, for their suspected roles in a series of government official impersonation scams…
Business
Microsoft launches AI QuickStart programme for SMEs
Backed by IMDA and UOB, the scheme supports digitally mature firms in rolling out artificial intelligence solutions Microsoft on Friday…