Culture

WhatsApp had no plans to vie with Facebook, co-founder says
[ad_1] [DENVER] WhatsApp co-founder Brian Acton said that his messaging company had no plans to build social networking features to compete with Facebook before he sold the company to Mark...
SingPost names Teo Swee Lian as chairman-designate
[ad_1] [SINGAPORE] Singapore Post (SingPost) appointed Teo Swee Lian, 65, as chairman-designate and non-independent, non-executive director with effect from Wednesday (May 21). She will also be appointed as an additional...
Monetary Authority of Singapore MD says US$ assets irreplaceable
[ad_1] Factors that the market are paying attention to include any prospect for slower growth and higher inflation in America as well as cues on its fiscal trajectory and policies...
CapitaLand Investment launches its first onshore China master fund with 5 billion yuan in equity
[ad_1] [SINGAPORE] CapitaLand Investment (CLI) on Wednesday (May 21) announced the launch of its first onshore master fund in China, the CLI RMB Master Fund. With a total equity commitment...
Fed officials expect tariffs to boost prices; White House downplays risk
[ad_1] [AMELIA ISLAND, Florida] Federal Reserve officials said on Tuesday (May 20) that higher prices are coming on the back of rising US import tariffs and counselled patience before making...
Westpac to cut 1,500 jobs, simplify operations: report
[ad_1] The company says it regularly adjusts its workforce based on shifting investment prioritiesPublished Wed, May 21, 2025 · 07:44 AM[BENGALURU] Westpac Banking Corp (Westpac) is planning to cut more...
Maybank Securities positive on MAS equities review given niche in mid-cap players: CEO Aditya Laroia
[ad_1] [SINGAPORE] The Singapore government’s attempt to revive its local stock market is a much-needed move to boost Singapore’s financial hub status, and is already showing early signs of positive...
Europe: Shares close near nine-week high, powered by utility, telecom stocks
[ad_1] [BENGALURU] European stocks closed at near nine-week highs on Tuesday (May 20) with utilities and telecom firms leading gains, while some positive corporate earnings also bolstered sentiment.The pan-European Stoxx...
US: S&P 500 falls after six straight positive sessions
[ad_1] Published Wed, May 21, 2025 · 06:05 AM[NEW YORK] Wall Street stocks retreated on Tuesday (May 20) as markets tracked congressional debate on US President Donald Trump’s tax cut...
Musk will reduce political spending, committed to being Tesla CEO in 5 years’ time
[ad_1] [DOHA] Elon Musk said he plans to significantly cut political spending and is committed to staying on as Tesla’s CEO for another five years, aiming to address concerns about...
UBS to open Abu Dhabi office as more clients move to Mideast
[ad_1] Abu Dhabi has emerged as a magnet for the world’s wealthiest people over the past few yearsPublished Tue, May 20, 2025 · 10:07 PM[ABU DHABI] UBS Group is opening...
BMW to buy back more shares worth up to 2 billion euros
[ad_1] Published Tue, May 20, 2025 · 09:42 PM[BERLIN] BMW is buying back as much as 2 billion euros (S$2.9 billion) of stock starting this month.The carmaker’s management board approved...