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 maker’s struggling AI efforts. Ruoming Pang, a…
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Fashion
Gold steady after Trump unveils steeper tariffs, Treasury yields weigh
Gold prices steadied on Tuesday (Jul 8) as US President Donald Trump announced sharply higher tariffs on goods from Japan, South Korea and other nations, while higher US treasury yields…
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 Michael Lunsford as interim head to reverse the…
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 an additional S$3.5 billion in loans to serial…
Malaysia, Thailand could take biggest hits to growth in Asean from tariff impact: analysts
Malaysia and Thailand are the economies in Asean that are set to take the biggest hits from tariffs announced by US President Donald Trump on Monday (Jul 7), according to analysts. Trump…
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 (AI) memory to Nvidia. South Korea’s largest company…
Jaguar sales drop after pausing US shipments over tariffs
Britain’s Jaguar Land Rover on Monday reported sharply lower quarterly sales after the luxury carmaker halted shipments to the United States in response to President Donald Trump’s…
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 lookout for any trade-related headlines in the…
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 about trade uncertainty. Both the S&P 500 and…
Tesla shares slip after Musk says he will create a new political party
Tesla shares fell close to 7% Monday after Elon Musk announced plans to form his own political party, sparking concerns he will become further distracted by politics despite a tumultuous…
TikTok reportedly prepping new app in the U.S. as potential sale looms
TikTok is preparing to release a new app in the U.S. as it awaits a potential sale that would maintain its presence for millions of users in the country, according to media reports. The…
Singapore: 65-Year-Old Man Found Dead at Foot of Punggol HDB Block
A 65-year-old man was found dead on Sunday, July 6, at the foot of an HDB block in Punggol in a reported relationship dispute. The Singapore Police Force (SPF) said that it received a call…
From Rocks to Roars: Dog-Sized Dinosaur Unearthed from Colorado Rock Formation
A latest journal article, published in Royal Society Open Science, revealed that researchers have unearthed a new species of dinosaur from the famed Morrison Formation in Colorado.…
Who Was Ryan Louis Mosqueda? Gunman in Tactical Gear Who Opened Fire after Storming Border Patrol Building Near Major Texas Airport Shot Dead
A gunman who stormed a Border Patrol building and ambushed federal agents near a Texas airport has been shot and killed. The shooter, identified as Ryan Louis Mosqueda, entered the Rio…
Tesla short sellers set to pocket about US$1.4 billion in profits after stock slump
Tesla’s shares fell 7.5% at US$291.50, having lost more than 21% so far this year Traders are set to make about US$1.4 billion in paper profits from their short positions in Tesla…
US: Wall St opens lower on tariff jitters; Tesla down on Musk's political plans
Wall Street’s main indexes opened lower on Monday (Jul 7) as tariff tensions kept investors on edge, while Tesla shares slid after CEO Elon Musk announced his plans to launch a…
Del Monte Philippines’ FY2025 Ebitda rises 40%, as exports growth drives sales
Del Monte Philippines said earnings for the year ended May 2025 rose, powered by higher domestic and international sales. The subsidiary of Philippine and Singapore-listed Del Monte…
Bali flights nixed after huge Indonesia volcano eruption
Dozens of flights to and from Indonesia’s Bali island were cancelled on Monday (Jul 7) after a volcano belched a colossal ash tower 18 kilometres into the sky, authorities said. The…
NTT DC Reit launches biggest IPO of an S-Reit in over a decade, aims to raise US$773 million
The manager of NTT DC Reit said on Monday (Jul 7) that the real estate investment trust has launched its initial public offering (IPO) with the aim of raising gross proceeds of US$773…
‘Not perfect timing’: NTT DC Reit launches biggest S-Reit IPO in over a decade to raise US$773 million
The manager of NTT DC Reit believes the timing is “not perfect” for an initial public offering (IPO) as the market is still not stable. But it is powering ahead with the biggest IPO of a…
Temasek-backed Clifford Capital names Lily Choh CEO of its asset management arm
Singapore-headquartered infrastructure credit platform Clifford Capital announced on Monday (Jul 7) that it has appointed Lily Choh as chief executive officer of Clifford Capital Asset…
Here are the top 10 best performing stocks in Singapore’s STI for the first half of the year
The Singapore market has done well this first half of 2025, as investors flocked to safe havens amid volatility caused by tariff uncertainty and tensions intensifying in the Middle East.…
Nissan to sell 150 billion yen convertible bonds for recovery
Nissan Motor plans to sell 150 billion yen (S$1.3 billion) of convertible bonds to help fund new chief executive officer Ivan Espinosa’s turnaround of the ailing automaker. The…
Australia’s Star Entertainment gets last-minute extension on threatened casino deal exit
Australia’s Star Entertainment said it had secured a last-minute reprieve from Hong Kong investors who had threatened to abandon their Queen’s Wharf casino deal, with both sides…