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Vance Boelter's disguise had flaws. The silicone mask he wore fit poorly, and the license plate on his SUV simply read "POLICE" in black letters. Yet on a dimly lit suburban street in the…
The US Department of Commerce is considering revoking authorisations granted in recent years to global chipmakers Samsung, SK Hynix and Taiwan Semiconductor Manufacturing Company (TSMC),…
Malaysia said on Saturday (Jun 21) it would maintain anti-dumping duties on imports of Chinese and Japanese cold rolled coils of iron and non-alloy steel more than 1,300 mm wide.…
Almost 10 days since US President Donald Trump declared a “done” trade deal with Beijing, US companies remain largely in the dark on when they will receive crucial magnets from China, and…
US President Donald Trump on Friday (Jun 20) again floated the idea of firing Jerome Powell, the Federal Reserve chair he has long attacked over interest rates he wants lowered. “I don’t…
Apple executives have held internal discussions about potentially bidding for artificial intelligence (AI) startup Perplexity AI, seeking to address the need for more AI talent and…
Walmart has agreed to pay US$10 million to settle a US Federal Trade Commission (FTC) civil lawsuit accusing the world’s largest retailer of ignoring warning signs that fraudsters…
Meta Platforms held discussions with artificial intelligence (AI) search startup Perplexity AI about a possible takeover before moving ahead with a multibillion-dollar investment in Scale…
The close split at the US Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came through on Friday (Jun 20) in the first public…
Wall Street stocks mostly fell on Friday (Jun 20) amid weakness in some semiconductor shares as markets weighed the latest developments in the ongoing war between Iran and Israel. Markets…
Four proposed directors for Fu Yu Corporation have been assessed by an independent party, with no findings made against their suitability for the role, said the company on Friday (Jun 20)…
Wall Street’s main indexes opened higher on Friday (Jun 20), tracking strength in global stocks after President Donald Trump held off from making an immediate call on US…
SoftBank Group founder Masayoshi Son is seeking to team up with Taiwan Semiconductor Manufacturing to realise what could be his biggest bet yet – a trillion-dollar industrial complex in…
Container shipping company Maersk said on Friday (Jun 20) it had temporarily paused vessel calls at Israel’s Haifa port, amid the country’s escalating conflict with Iran. The…
GOLD prices fell on Friday and were on track for a weekly decline, as an overall stronger dollar and the prospect of fewer US interest rate cuts offset support from rising geopolitical…
HSBC announced on Friday (Jun 20) that it has appointed Ishan Sarkar as the bank’s new head of wealth and premier solutions (WPS). He will be based in Singapore and assume the new role on…
India’s aviation regulator has warned Air India for breaching safety rules after three of its Airbus planes flew despite being overdue checks on emergency equipment, and for being slow to…
The following company saw new developments that may affect trading of its securities on Friday (Jun 20): Singapore Post (SingPost): The national postal service provider has placed 10…
In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there’s a crowded building where cash still reigns. Six days…
ArcelorMittal, the world’s second-largest steelmaker, said on Thursday it had dropped plans to convert two plants in Germany to carbon-neutral production because the country’s…
The government will work with Supplementary Retirement Scheme (SRS) bank operators to smoothen account holders’ process of withdrawing funds from their account. The response comes shortly…
Canada will “adjust” its 25 per cent counter tariffs on US steel and aluminum in response to a doubling of US levies if a bilateral trade deal is not reached within 30 days, Prime…
Oil prices jumped almost 3 per cent on Thursday as a week-old air war between Israel and Iran escalated and uncertainty about potential US involvement kept investors on edge. Brent crude…
As three key players vie for dominance, the race to put driverless taxis on roads across the country is heating up. Waymo, owned by Google’s parent company Alphabet, already offers paid…
