Business
US stocks: S&P 500, Nasdaq close down as Big Tech’s soaring AI budgets trigger flight
Street’s main indexes finished lower on Thursday with technology-heavy Nasdaq leading declines as investors were rattled by the latest…
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Singtel’s Optus headwinds could trigger near-term risks, warn analysts
Maybank Securities expects Singapore telco’s stock to remain range-bound, despite potential setbacks A string of crises encountered by…
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Iran Votes to Close Strait of Hormuz that Could Put One-Fifth of World's Oil Supply at Risk and Trigger Sharp Rise in Global Crude Prices
Iran's parliament has voted to close down the Strait of Hormuz, a crucial maritime route that handles around 20 percent of the world's…
Business
US: Wall Street opens sharply lower as Trump tariffs trigger recession fears
Wall Street’s major indexes plunged on Thursday (Apr 3), as President Donald Trump’s sweeping tariffs on major trade partners ignited…
Business
Saks Global’s New Payment Terms Trigger Strong Industry Reaction
Playing hard ball. That’s how many vendors view Saks Global’s new approach to paying them for past and future orders, while expressing…