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31 Workers Rescued After Tunnel Collapse in Los Angeles; No Injuries Reported
Thirty-one workers were safely rescued after a tunnel partially collapsed in Wilmington, Los Angeles, on Wednesday night. The Los Angeles…
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Bitcoin Hits Record High Near $112,000 as Institutional Demand Surges
Bitcoin surged to a new all-time high late Wednesday, nearing $112,000. The rise is fueled by growing institutional interest and a…
Business
Linda Yaccarino Resigns as X CEO Amid Wave of Top Executive Departures from Musk-Led Firms
Linda Yaccarino officially resigned as CEO of X on Wednesday, July 9. Her statement was brief: "After two incredible years, I've decided…
Business
Singapore tycoon Sam Goi makes S$123.5 million offer to buy rest of PSC
Local tycoon Sam Goi has made a mandatory offer to buy the remaining shares of PSC Corp that he does not already own at S$0.40 a piece.…
Business
Popiah king Sam Goi makes S$0.40 a share offer to buy rest of PSC
Local tycoon Sam Goi has made a mandatory offer to buy the remaining shares of PSC Corp that he does not already own at S$0.40 a piece.…
Business
Popiah king Sam Goi makes mandatory offer for rest of PSC at S$0.40 a share
Local tycoon Sam Goi has made a mandatory offer to buy the remaining shares of PSC Corp that he does not already own at S$0.40 apiece.…
Business
US: Wall St opens muted; airline stocks jump on Delta's outlook
Wall Street opened muted on Thursday (Jul 10), taking a breather after Nvidia’s US$4 trillion sprint, while airline stocks jumped…
Business
Cordlife offers enhanced support to clients affected by damaged tanks in Singapore
Private cord-blood bank Cordlife will offer enhanced support to its customers who were affected by the November 2023 discovery of its…
Business
Returns, Refunds and the Fight for Loyalty
What happens “beyond buy” is no longer a consumer experience afterthought; it’s a strategic and financial imperative. Returns, refunds and…
Business
Meta poached Apple’s AI engineer Pang with pay package over US$200 million: sources
Meta Platforms has made unusually high compensation offers to new members of its “superintelligence” team – including a more than US$200…
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Cleveland Security Company Owner Who Stalked Several Women After Installing Cameras in Their Homes, Offices, Learns His Fate
The owner of a security company guilty of stalking seven women after installing their security systems was sentenced Tuesday. Robert…
Business
eSIM platform Airalo raises US$220 million in new funding round, lifts valuation past US$1 billion
Company says this makes it the industry’s first unicorn; latest financing includes new investor CVC eSIM platform Airalo has raised US$220…
Business
China solar stocks surge as Beijing moves to calm price wars
Some China solar stocks jumped sharply on Thursday (Jul 10), continuing a multi-day rise. This comes on the back of news that Beijing…
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Singapore: 27-Year-Old Man Faces Charges for Alleged Involvement in Money Mule Scheme
A 27-year-old man was arrested by the Singapore Police for his suspected involvement in money mule activities. The Singapore Police Force…
Business
US bank profits to climb on stronger trading, investment banking
Major US banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in investment banking.…
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22-Year-Old Man Nabbed for Motor Vehicle Theft in Singapore
A 22-year-old man was arrested on Wednesday, July 9, for his suspected involvement in a case of theft of motor vehicle. The Singapore…
Business
Opec trims oil demand for next four years
The Organization of the Petroleum Exporting Countries (Opec) cut its global oil demand forecasts for the next four years on Thursday (Jul…
Business
STI up 0.4% on Thursday as investors stay positive despite tariff uncertainty, split Fed views
Across the broader market, gainers outnumber losers 324 to 175, with about 1.6 billion securities worth S$1.2 billion changing hands The…
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The Simplistic Moral Lessons of “Superman”
The world may be going to hell, but the writer and director James Gunn has graced it with a sunshine “Superman.” The most recent…
Business
Nvidia Surge Powers Nasdaq to Record High as Fed Minutes Signal Rate Cuts
Nvidia briefly crossed the $4 trillion market valuation mark on Wednesday and closed at $3.97 trillion, up 1.8%. This surge helped push…
Business
Chinese property shares surge on unverified reports of meeting to revive sector
A gauge of Chinese property shares jumped the most in nearly nine months, fuelled by speculation a high-level meeting will be held next…
Business
Nvidia Hits $4 Trillion value, Surpasses Apple and Microsoft as CEO Jensen Huang's Wealth Soars with AI Boom
US tech giant Nvidia created history by becoming the first publicly held company ever to be valued at more than $4 trillion. Right in the…
Business
Glencore JV in talks to buy Exxon's 59 Singapore petrol stations worth US$1 billion
The sale would allow the American oil major to deploy more capital in areas of higher growth potential — Aster Chemicals and Energy, a…
Business
L’Oréal Denies Claims Of Hong Kong Office Closure, Layoffs
After news began circulating earlier this week that L’Oréal is considering merging its Hong Kong office with its Mainland China…