Culture
Meta forecasts bigger capital costs next year, US$16 billion tax charge guts Q3 profit
[BENGALURU] Meta forecast “notably larger” capital expenses next year, thanks to investments in AI, and recorded a nearly US$16 billion one-time charge related to US President Donald Trump’s ‘Big...
How iGaming Startups Are Reshaping the Digital Economy
iGaming startups are redefining the digital economy by merging entertainment with fintech, data analytics, and global commerce. Their rapid growth is driven by innovation, strategic expansion, and evolving regulation....
GM to cut over 1,200 jobs at EV plant
[DETROIT] General Motors will cut about 1,200 jobs at its EV plant in Detroit, as the carmaker responds to slowing demand for its battery cars, Detroit News reported on...
Ascent Bridge cites possible defamation lawsuit for not releasing directors’ resignation letters in full
[SINGAPORE] Beverage distributor Ascent Bridge has released the resignation letters of former directors Tan Khee Giap and Siow Chee Keong, as part of its response to queries from the...
Global automakers scramble for chips as Nexperia supply crunch threatens production
Nissan and Mercedes are among the carmakers trying to come to grips an uncertain supply situation[TOKYO/BERLIN] Global automakers are scrambling to find chips and checking with suppliers to see...
Singapore receives interest from Malaysian firms to export renewable energy through second interconnector
For the city-state to achieve its net-zero carbon emissions target by 2050, the Asean Power Grid’s success is crucial[SINGAPORE] Singapore’s energy regulator has received considerable interest from companies in...
Mapletree Industrial Trust Q2 DPU down 5.6% on absence of divestment gains, lower occupancy
The trust also had reduced income following the divestment of three Singapore industrial properties in August 2025[SINGAPORE] Mapletree Industrial Trust (MIT) reported a distribution per unit (DPU) of S$0.0318...
US: Wall St opens at near records levels as Nvidia hits US$5 trillion
[NEW YORK] Wall Street opened just short of fresh records on Wednesday (Oct 29) as Nvidia hits a US$5 trillion valuation, while investors awaited an expected Federal Reserve rate...
Adidas sees 120-million-euro Trump tariff hit
[FRANKFURT] German sportswear giant Adidas said Wednesday (Oct 29) that it expected US President Donald Trump’s tariff blitz to cost it 120 million euros (S$180.7 million) for the year.The...
Boeing reports US$5.4b loss on large hit from 777X aircraft delays
Boeing has pushed back commercial deliveries on the 777X to 2027 from the prior 2026 timeframe[NEW YORK] Boeing reported a US$5.4-billion third-quarter loss on Wednesday (Oct 29) as massive...
