Culture
Tesla offers unprecedented US$1 trillion pay package to Elon Musk
The additional shares Musk could receive would push his stake in the EV maker to at least 25%Published Fri, Sep 5, 2025 · 07:05 PM[AUSTIN, Texas] Tesla proposed a...
Singapore stocks rally as investors price in September Fed rate cut; STI up 0.2%
[SINGAPORE] The local bourse logged gains for a second straight day on Friday (Sep 5), closing higher alongside regional markets amid expectations that weak US job market data will...
China slaps preliminary duties on EU pork imports
The move deepens a trade dispute with the bloc arising from its tariffs on Chinese electric vehiclesPublished Fri, Sep 5, 2025 · 05:40 PM[BEIJING] China on Friday (Sep 5)...
Armani’s death puts fate of luxury empire in hands of heirs
[ROME] Giorgio Armani fought for decades to keep the fashion empire he founded independent, as Italian icons like Gucci and Fendi were snapped up by larger luxury chains. It...
BMW’s iX3 spearheads multibillion-dollar reboot that takes the fight to Tesla, BYD
[MUNICH] On Friday (Sep 5), German luxury carmaker BMW launched its second-generation iX3 – and with it, a sweeping reset strategy to catch up to its electric vehicle (EV)...
ByteDance chip design staff suddenly find out they report to Singapore unit: sources
[SINGAPORE / BEIJING] Chip design workers at Chinese tech giant ByteDance, many based in Beijing or Shanghai, unexpectedly found out last week that they are part of a Singapore...
Apple’s India sales hit record US$9 billion after big retail push
[NEW DELHI] Apple’s annual sales in India hit a record of nearly US$9 billion in the last fiscal year, signalling growing consumer demand for its flagship devices as the...
China bonds see renewed selloff after stock market rebound
[BEIJING] Chinese government bonds declined in Friday (Sep 5) afternoon trading as an equity rebound extended and higher yields at a longer-dated auction disappointed some investors. Futures on 30-year sovereign...
Asian exporters absorbing about 20% of US tariffs, passing on remaining costs: Nomura
[SINGAPORE] Asian exporters are absorbing about one-fifth of US tariffs and passing on the remaining costs, indicated Nomura’s Asia Economic Monthly report released on Friday (Sep 5). Advanced manufacturers...
Nikkei ends at over 2-week high as Trump lowers tariffs on Japanese automobiles
[TOKYO] Japan’s Nikkei share average closed at a more-than two-week high on Friday (Sep 5) as auto shares rose after US President Donald Trump signed an order to lower...
Citi expects global digital asset trades to hit US$2 trillion a day; DBS sees volume surge in H1
[SINGAPORE] In a white paper released this week, Citi projected that in five years, the world will see US$2 trillion of digital assets held or traded in a single...
AI driving efficiency up and costs down at creative agencies: advertising mogul Martin Sorrell
[SINGAPORE] Artificial intelligence (AI) is sweeping across the advertising and marketing industry – and challenging the traditional agency model where too much time and manpower are spent producing commercials...