Culture
Apple holds down new iPhone prices amid threats of Trump tariffs
[CUPERTINO, California] Apple on Tuesday introduced an upgraded line of new iPhones, including a slimmer iPhone Air, and held prices steady amid US President Donald Trump’s tariffs that have hurt the...
Sim Leisure to receive compensation after settling theme park dispute with Bandar Malaysia
The theme park operator expects the compensation sum to have a material positive impact on its earnings for the current financial year[SINGAPORE] Theme park operator Sim Leisure Group has...
US: Wall St opens slightly higher in run-up to employment revision figures
[NEW YORK] Wall Street indexes opened slightly higher on Tuesday (Sep 9), a day after closing near record peaks, as investors remained cautious ahead of an impending employment rate...
French wine production hit by summer heat waves and wildfires
Output is projected to be 37.4 million hectolitres, down from an August estimate of as much as 42.5 million hectolitres[PARIS] France expects 2025 wine production to drop below the...
Anglo American agrees to buy Teck in deal reshaping mining
[TORONTO] Anglo American has agreed to acquire Canada’s Teck Resources, creating a more than US$50 billion company in one of the biggest mining deals in over a decade.Anglo will...
ASML invests 1.3 billion euros on Europe’s AI champion Mistral
The deal provides Mistral with a major injection and makes it one of Europe’s most valuable private companies[AMSTERDAM] ASML Holding is investing 1.3 billion euros (S$2 billion) in France’s...
How does Tesla get to US$8.5 trillion value? Robots, robotaxis and hope
[SAN FRANCISCO] How can Tesla become an US$8.5 trillion company? That is the market valuation the electric vehicle maker would have to reach to justify CEO Elon Musk’s new...
CIMB Singapore CEO Victor Lee resigns; placed on gardening leave with immediate effect
The bank says it will announce its successors in due course; CFO to take charge in interim[SINGAPORE] Victor Lee has resigned from his roles as chief executive officer of...
Alibaba dumps 151.3 million SingPost shares, slashing its stake to below 5%
This means the Chinese e-commerce giant is no longer a substantial shareholder of the national postal service provider[SINGAPORE] Alibaba Investment, a subsidiary of Chinese e-commerce giant Alibaba Group, sold...
HRnetGroup targets Vietnam’s booming tech sector with new subsidiary
It notes interest in hiring of IT engineers, data scientists and product teams by companies in finance and banking, media and platforms, healthcare and public sector[SINGAPORE] Mainboard-listed HRnetGroup has...
