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ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with plans to change its organizational structure. The…
Declining oil prices and voluntary production cuts have weighed on Saudi revenue in recent years Saudi Arabia’s deficit widened significantly to US$15.65 billion in the first…
Wall Street’s main indexes opened lower on Monday (May 5) after President Donald Trump rekindled worries about the ramifications of a global trade war by introducing new tariffs,…
Procurri Corp has appointed Evolve Capital Advisory as the independent financial adviser (IFA) for the acquisition offer from parent company Exeo Global Asset Holdings amid a potential…
The Securities Industry Council (SIC) on Monday (May 5) issued a consultation paper on amendments to Singapore’s Code on Take-overs and Mergers, with the aim to enhance regulation around…
Top gainer is DFI Retail Group at US$2.71, while the biggest decliner is Yangzijiang Shipbuilding at S$2.11 Stocks in Singapore ended higher on Monday (May 5), tracking Friday’s gains on…
Hon Hai Precision Industry, the main contract manufacturer for Apple and Nvidia, said its April revenue rose 26 per cent, likely boosted by the hastening of orders ahead of US…
Ride-hail and delivery giant Grab announced on Monday (May 5) that Alejandro Osorio has been appointed as managing director (MD) of Grab Singapore. Osorio currently leads the Grab Vietnam…
Asian currencies rallied on Monday (May 5) on hopes of a thaw in the US-China trade war and regional tariff deals with the Trump administration. Taiwan led the charge, with its currency…
The move is a u-turn for Chinese LNG buyers, which had reduced imports and resold shipments because expensive gas was not attractive to a weaker domestic market Chinese firms are…
ESENTATIVES for Indian billionaire Gautam Adani met officials from US President Donald Trump’s administration to seek dismissal of criminal charges in an overseas bribery…
Malaysia is planning to start a direct rail cargo service between its capital Kuala Lumpur and Bangkok in neighbouring Thailand this year to boost bilateral and regional trade,…
US President Donald Trump insisted he does not plan to fire Federal Reserve chair Jerome Powell despite his sustained criticism over the pace of interest rate cuts. “Why would I do that?”…
Oil prices fell more than US$2 a barrel in early Asian trade on Monday as Opec+ is set to further speed up oil output hikes, spurring concerns about more supply. Brent crude…
Copper mines are getting harder and much more costly to develop, even as global demand for the metal is projected to increase given its role in the energy transition ’s…
This is based on a preliminary review of the unaudited management accounts of the group Japan Foods announced on Monday (May 5) that it expects to report a “substantial net loss” for…
The rapid acceleration of artificial intelligence adoption in financial services presents a risk to financial stability, the Reserve Bank of New Zealand said in a report on Monday.…
The following companies saw new developments that may affect trading of their securities on Monday (May 5). CapitaLand Integrated Commercial Trust (CICT): The manager of the trust on…
The Organization of the Petroleum Exporting Countries and its allies (Opec+) leader Saudi Arabia warned the group’s overproducing members it could amplify a historic shift in…
SINCE this column broached the topic of the lowball offer for Sinarmas Land five weeks ago, there have been two important developments. After the market closed on Apr 23, it was announced…
Police in Rio de Janeiro thwarted a bomb attack that was allegedly planned to target Lady Gaga's landmark concert at Copacabana Beach, which attracted a crowd of more than 2 million on…
Chelsea will welcome Liverpool to Stamford Bridge on Sunday as they continue their chase for a UEFA Champions League spot. Currently fifth on the Premier League table, the Blues are in a…
President Donald Trump said he would give social-video platform TikTok another extension of a deadline to sell to a US owner if it was needed to reach a deal. Trump said he has “a…
Newcastle United will go all out to reclaim third place on the Premier League table as they face Brighton & Hove Albion, who still have a chance at qualifying for European competition.…
