Business
Video of flag vendor beating in Bangladesh falsely shared as incident in India
A video of a vendor selling Bangladeshi flags being beaten up by a uniformed man has circulated in social media posts that falsely claim…
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OCBC to develop quantum applications with NUS, NTU and SMU
OCBC will embark on research collaborations with three local universities to develop applications of quantum technology in derivative…
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Chinese Man Fined S$5,000 After Abrupt Stop on Beach Road Causes Crash Involving Lamborghini; 6-Year-Old Among 4 Hurt
A 41-year-old man was fined S$5,000 and disqualified from driving for five years on Thursday, July 17, for driving without due regard for…
Business
Julius Baer seeks to cut bonuses of bankers with risky books: sources
The move comes as the Swiss lender’s top management seek to reset and put the bank on a path for growth after a string of missteps Julius…
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Singapore: 4 People, Including 45-Year-Old Woman, Rushed to Hospital After Accident in Upper Bukit Timah Road
Four people were rushed to hospital on Wednesday, July 16, following an accident involving two vehicles in Upper Bukit Timah Road. The…
Business
Swatch Group H1 Profits Down 88%, As Greater China Woes Continue
PARIS – China continues to weigh heavily on the Swatch Group, with the company posting Thursday an 88 percent slump in first-half net…
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Father of Child Victim in Rape Case Killed After Being Offered $12K Bribe to Drop Charges in St Louis, Hitman Also Found Dead
A key witness, who was the father of a sex crime victim, was offered a bribe to not press charges in the case. He refused to accept the…
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Indonesia Cracks Down on Baby Trafficking Ring, Arrests 12 with Alleged Singapore Ties
Indonesian authorities have detained 12 suspects after uncovering an alleged baby trafficking ring that sent more than a dozen infants to…
Business
TSMC profit surges again after AI drives big jump in sales
The company’s performance underscores resilient demand for high-end AI chips from the likes of Nvidia and Advanced Micro Devices, which is…
Business
Taiwan’s TSMC says second quarter profit up 60%
The quarterly results follow Trump’s latest barrage of tariffs and renewed threats to impose levies on pharmaceutical products and chips — …
Business
TSMC posts record quarterly profit on AI demand, but cautious on tariff impact
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s main producer of advanced artificial intelligence (AI) chips, posted record,…
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British Man Who Married American Woman for Green Card, Then Killed Her and Staged Her Death as Suicide, Sentenced to Life
A former cop from London, England, will spend the rest of his life behind bars after being convicted last week of killing his American…
Business
Scientists Stunned: Moon Soil May be Able to Support Life – What They Discovered Will Blow Your Mind!
In a latest study, published in the journal Joule, scientists have claimed that the soil on the Moon could support life. Yes, you read it…
Business
Trek 2000 International divests stake in Terrenus Energy valued at around S$8.2 million
Technology provider Trek 2000 International announced on Thursday (Jul 17) that it will be disposing its 4.3 per cent stake in Terrenus…
Business
Trek 2000 divests stake in Terrenus Energy valued at around S$8.2m
The shares are currently held as investment and do not generate any income or revenue for FY2024 Technology provider Trek 2000…
Business
China vows to address ‘irrational competition’ in EV sector
China pledged to rein in “irrational competition” in its electric vehicle (EV) sector, reflecting authorities’ increasing urgency to…
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Singaporean Man, 26, Charged with Attempted Murder of 29-Year-Old Woman at Kallang Wave Mall
A 26-year-old man was charged on Wednesday, July 16, with attempted murder for his alleged involvement in the attempted murder of a…
Business
Companies look to AI for financial resilience amid global volatility: DBS survey
Businesses around the world are rethinking long-term strategies as volatility rises, with generative artificial intelligence (Gen AI)…
Business
Companies look to AI to enable financial resilience amid global volatility: DBS survey
Businesses around the world are rethinking long-term strategies as volatility rises, with generative artificial intelligence (Gen AI)…
Business
mm2 Asia evaluating all available options, including winding up Cathay Cineplexes
Cathay Cineplexes parent company mm2 Asia said on Thursday (Jul 17) that it is evaluating all available options to address its financial…
Business
Chinese shipyards’ market share falls to 52% amid US port fees concerns, says Bimco
The market share of Chinese shipyards dropped by almost a third from January to June this year amid concerns about upcoming fees on…
Business
Amara announces it will delist from SGX mainboard on Jul 21
Hotel and property group Amara Holdings announced on Thursday (Jul 17) that it will be officially delisted from the mainboard of the…
Business
China probes US$100 underwriting fee amid Xi price war clampdown
China is investigating some of the nation’s top investment banks over bond underwriting fees that hit below US$100, as regulators expanded…
Business
Imperial Group Taps Into Renewed Opportunities for Contemporary Market
MILAN — At a time of global upheaval caused by geopolitical and economic headwinds, business woes are trickling down to all fashion…