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TikTok cuts more workers from US e-commerce division
US President Donald Trump has said he has a buyer lined up for the app, and just needs approval from the Chinese government for the sale…
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Tesla reports lower car sales, extending slump
Tesla reported another hefty drop in auto sales on Wednesday, extending a difficult period amid intensifying electric vehicle competition…
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Oil prices jump 3% as Iran suspends cooperation with UN nuclear watchdog
Oil prices rose 3 per cent on Wednesday as Iran suspended cooperation with the UN nuclear watchdog and the US and Vietnam reached a trade…
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Europe: Shares gain on renewable energy, luxury boost
EUROPEAN shares ended higher on Wednesday, led by renewable-energy stocks after a revised budget bill in the United States passed a…
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Japan’s bond market faces first 30-year sale since issuance cut
Japan’s auction of 30-year sovereign notes on Thursday (Jul 3) is shaping up as a barometer of policymakers’ success in quelling…
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US: S&P 500, Nasdaq end at record highs after US-Vietnam trade deal
The S&P 500 and Nasdaq ended at fresh records on Wednesday after President Donald Trump announced a trade deal with Vietnam, offsetting…
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Tesla sales continue to slide amid competition and backlash against Elon Musk
As Elon Musk scrambles to restore Tesla’s reputation and deliver on promises of autonomous driving technology, vehicle sales for the…
Business
Microsoft lays off thousands in latest cuts to state's tech industry
There was more bad news for the tech sector Wednesday as Microsoft announced reductions to staff, preparing for thousands of layoffs…
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Trump’s “Alligator Alcatraz” Is Already Flooding
The monstrous, recently constructed immigrant detention facility in the Florida Everglades, flippantly dubbed “Alligator Alcatraz,”…
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Who Is Teny Geragos? Meet Diddy's Glamorous Nepo-Baby Lawyer Who Saved Music Mogul from Getting Life Sentence
A young and glamorous attorney, whose father made his name defending high-profile clients, pulled of a stunning victory in the…
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Sean Diddy Combs Verdict: Music Mogul Acquitted on Most Serious Charges Except One in Sensational NYC Trial as He Still Faces Years in Jail
Hip-hop icon Sean Combs dropped to the floor on his hands and knees in a dramatic reaction after being shockingly acquitted on Wednesday…
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Kate Middleton Pairs Earth Tones in Ralph Lauren and Blazé Milano for Hospital Visit in Colchester
Kate Middleton paid a visit to the Wellbeing Garden at Colchester Hospital on Wednesday in Colchester, England. The British royal family…
Business
Microsoft begins deep job cuts across Xbox division
Microsoft’s gaming division began informing employees of job cuts on Wednesday (Jul 2) morning, part of a broader culling at the software…
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Microsoft to cut about 9000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9000 people, the company said on Wednesday (Jul 2), in the latest job…
Business
Microsoft to cut about 9,000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9,000 people, the company said on Wednesday (Jul 2), in the latest job…
Business
Solar PV to drive renewable power expansion in Nigeria
The renewable energy sector in Nigeria presents a wealth of growth opportunities. Nigeria plans to increase the share of renewable…
Business
US: Wall Street opens slightly lower after weak jobs data; Tesla rises
STOCKS opened lower on Wednesday (Jul 2) as surprisingly weak US private jobs data raised concerns about the labour market, while Tesla…
Business
Schroders picks Singapore for global digital assets hub
International investment manager Schroders has chosen Singapore as the base for its new Global Digital Assets Centre of Excellence. The…
Business
Visa, Mastercard race to tame a US$253 billion crypto threat
A turf war is breaking out in the vast world of digital payments – and the incumbents are suddenly on defence. Tech firms and crypto…
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Ugandan military helicopter crashes at Somalia airport, official says
A Ugandan military helicopter with eight people on board has crashed at the main international airport in Somalia's capital, Mogadishu, an…
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Singapore-Registered Company Charged Over Suspected Money Laundering Offence
A Singapore-registered company was charged in court on Tuesday, July 1, for its suspected involvement in money laundering activities. The…
Business
STI closes at record high of 4,010.77 as investors seek safe haven
The index closes 0.5% higher while across the broader market, gainers beat decliners 302 to 186 after 1.3 billion securities worth S$1.5…
Business
UOL leads STI to record high of 4,010.77
The index closes 0.5% higher while across the broader market, gainers beat decliners 302 to 186 after 1.3 billion securities worth S$1.5…
Business
Keppel's coup if Piyush Gupta becomes chairman soon.
Piyush Gupta is back at the heart of Singapore’s listed corporate scene. The 65-year-old, who left DBS in late March after serving as…