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The United States and China are locked in a standoff with no resolution in sight. The U.S. wants to reshore manufacturing, and China wants to sell its manufactured products into the…
The issuance, with OCBC as lead manager and bookrunner, is expected to be on or around May 28 HOSPITALITY player CapitaLand Ascott Trust (Clas) has priced S$260 million in perpetual…
Wall Street’s main indexes opened lower on Wednesday (May 21), as investors awaited the outcome of a pivotal debate around US President Donald Trump’s tax-cut bill that has fanned…
Pulses, or edible plant seeds such as chickpeas and lentils, could be the transformative answer to a global food system that is under severe strain. However, while demand for pulses is…
Gainers beat decliners 273 to 205 across the broader market, with 982.2 million of securities valued at S$1.2 billion changing hands The Straits Times Index (STI) finished at 3,882.55…
— News and data company Bloomberg said its systems were returning to normal on Wednesday (May 21) after a brief disruption earlier in the day…
TikTok told US e-commerce staff to work from home on Wednesday (May 21) while awaiting emails regarding “difficult decisions,” suggesting the social media company is preparing to cut jobs.…
Yoma Strategic Holdings posted a 12.4 per cent decline in net profit for the second half-year ended Mar 31 to US$18.3 million, from US$20.9 million in the same period last year. This was…
British retailer Marks & Spencer said on Wednesday (May 21) a “highly sophisticated cyber” attack would cost it about US$403 million in operating profit, with disruption set to run into…
The move comes as the New York-listed company grapples with a pullback in client spending and greater scrutiny of US government contracts under US President Donald Trump Accenture…
A said it could take legal action against anyone enforcing US restrictions on using Huawei Technologies’ artificial intelligence (AI) chips, escalating a dispute that’s upset…
CGS International (CGSI) has initiated coverage on Pop Mart’s stock with an “add” rating, citing the group’s transformation from a toy retailer to an intellectual property (IP)-centric…
The world’s second-largest economy to invest aggressively to develop a supply chain that does not rely on manufacturers outside the country export controls on artificial…
Vietnam’s Prime Minister, Pham Minh Chinh, has approved the establishment of a new airline, Sun PhuQuoc Airways, the official Vietnam News Agency (VNA) reported on Tuesday (May…
Two former Citigroup traders in Hong Kong abandoned their employment lawsuits after weighing the costs and difficulties of taking it to a higher court, sources familiar with the matter…
Gold prices rose on Wednesday (May 21) as the US dollar slipped to a two-week low and investors sought safety amid US fiscal uncertainty, with Congress debating a sweeping tax bill. Spot…
PwC launched an artificial intelligence (AI) hub in Singapore on Wednesday (May 21), committing more than US$4 million over a three-year period. This venture is also supported by…
The following companies saw new developments that may affect trading of their securities on Wednesday (May 21). CapitaLand Investment (CLI): The global real asset manager on Wednesday…
The US Commerce Department set the stage for anti-subsidy duties on imports of key battery components from China, after concluding materials had been unfairly subsidised. The…
Tesla is set to begin a test of its long-promised robotaxi service on schedule in Austin, Texas, by the end of June, chief executive Elon Musk said on Tuesday (May 20), even as the company…
Chanel profit plunged last year as the closely held company splurged on expanding its retail network and marketing to remain visible amid a luxury industry downturn. Operating profit slid…
Oil prices were little changed on Tuesday (May 20) due to uncertainty in US-Iran negotiations and Russia-Ukraine peace talks, while new government data delivered a cautious outlook for top…
Director Darren Aronofsky has pushed artistic boundaries with movies including “Requiem for a Dream” and “Mother!” Now his production company is working with Google to explore the edge of…
Wall Street’s main indexes opened lower on Tuesday (May 20) as investors awaited commentary from Federal Reserve officials through the day to assess the potential impact of US…
