Business
Who Is Ruoming Pang? Apple's AI Chief Joins Meta's Superintelligence Lab
Ever since Meta made the move into artificial general intelligence (AGI), the tech giant has been dominating the news due to its…
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Vietnam central bank readies measures to counter tariff impact
The Vietnamese dong has been under pressure in recent weeks, dropping to a record low in June Vietnam’s central bank stands ready to take…
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Who Was Chloe Childress? Teen Counselor Who Was 'Loving and Mentoring' Children at Camp Mystic Killed Saving Them During Texas Floods
A teenage camp counselor, who had been looking forward to a summer "loving and mentoring" children under her watch, was one of the girls…
Business
GuocoLand secures S$619.3 million green loan for River Valley Green development
GuocoLand has secured a S$619.3 million green club facility on Tuesday (Jul 8) to finance the acquisition and development of its upcoming…
Business
Shenzhen bourse nudges China firms to speed up IPO applications
China’s Shenzhen Stock Exchange has urged brokers to speed up applications for companies to list on the ChiNext board as officials seek to…
Business
China shuns costly LNG imports even as summer power demand rises
Sweltering temperatures are pushing up appetite for electricity in China, just not yet enough to revive the country’s spot purchases of…
Business
Apple loses top AI models executive to Meta’s hiring spree
Apple’s top executive in charge of artificial intelligence (AI) models is leaving for Meta Platforms, another setback in the iPhone…
Business
BNP bets Hong Kong’s IPO boom will add to wealth momentum
BNP Paribas said Hong Kong’s boom in initial public offerings (IPOs) is adding further momentum to its Asia wealth business after a 20 per…
Business
Investors flock to US dollar as Trump unveils US tariff plans
The US dollar jumped the most in three weeks after US President Donald Trump unveiled a wave of proposed tariffs, a sign investors are…
Business
Funko replaces CEO after one year amid losses, falling sales
Toymaker Funko replaced chief executive officer Cynthia Williams after just one year on the job, naming board member and former CEO…
Business
Guocoland prices S$120 million perpetual securities at 4.35%
It will be issued in the denomination of S$250,000 and will confer a right to receive distribution payments Real estate company Guocoland…
Business
Guocoland prices S$120 million perpetual securities at 4.35% yield
It will be issued in the denomination of S$250,000 and will confer a right to receive distribution payments Real estate company Guocoland…
Business
Goldman Sachs raises S&P 500 return forecasts
Goldman Sachs has raised its three-, six- and 12-month S&P 500 return forecasts, citing expectations of earlier and deeper US interest…
Business
Stocks to watch: OCBC, SIA, SGX, GuocoLand, China Aviation Oil, Del Monte Pacific
The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 8): OCBC: The bank aims to extend…
Business
China mulls doubling Southbound Bond Connect to one trillion yuan
China is considering doubling an investment channel local investors use to buy bonds overseas, according to sources familiar with the…
News
The Deadly Floods Revealed Texans’ Heroism—and Their Failed Politics
Texas novelist Billy Lee Brammer once described the rivers and creeks of the Hill Country around Austin as “running deep like old wounds,…
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Lahav 433 officer reveals how police caught Israelis spying for Iran, motives behind the espionage
"These cases reflect a broader phenomenon that began with the outbreak of the war, with Iranian operatives showing a strong drive to…
Business
Samsung posts first profit drop since 2023 after AI chip delays
Samsung Electronics’ profit shrank more than expected after encountering hiccups in plans to sell cutting-edge artificial intelligence…
Business
Growth of SME financial services hampered by banks’ restrictions on data: report
Local banks’ restrictions on small and medium-sized enterprises’ (SME) access to their customers’ financial data are hampering API access…
Business
Saudi Arabia’s PIF invests in New York City property near Central Park
Saudi Arabia’s Public Investment Fund (PIF) is investing in Related’s site for a tower in midtown Manhattan. PIF has already invested…
Business
Europe: Shares rise on tech, banks boost with focus on US trade negotiations
EUROPEAN shares ended higher on Monday, driven by gains in technology and bank stocks at the start of a week where investors are on the…
Business
ExxonMobil sees US$1.5 billion earnings hit from lower oil, gas prices
US President Donald Trump’s trade war and larger-than-expected supply increases from Opec and its allies weighed on oil prices, while US…
Business
US: Stocks retreat from records on Trump tariff deluge
Wall Street stocks fell on Monday, retreating from records after President Donald Trump announced fresh tariff threats, reviving anxiety…
Business
Nicole Miller Signs Deal With Tycoon Enterprises for Licensing Program in Mexico and Latin America
Nicole Miller is expanding its brand to Mexico and Latin America. The company has signed a new agent relationship with Tycoon Enterprises,…