Culture

US prosecutors demand Google divest Chrome to end search monopoly
US PROSECUTORS on Wednesday (Nov 20) argued to a judge that Google must sell its Chrome browser, share data, and search results with rivals, and take a range of...

CLI to invest up to A$1 billion to grow funds under management in Australia
CAPITALAND Investment (CLI) will commit up to A$1 billion (S$878 million) to grow its funds under management (FUM) in Australia, said the group on Thursday (Nov 21). Currently, it...

Latest Singapore six-month T-bill cut-off yield edges up to 3.08%
THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) rose slightly to 3.08 per cent, from 3.04 per cent in the previous six-month auction that closed on Nov...

Sinochem may keep bankrupt refineries as auctions draw scant interest: sources
SINOCHEM Group may keep three bankrupt oil refineries located in eastern China after auctions to sell them drew little interest from other companies, sources familiar with the matter said.The...

Bank of Korea survey shows concerns emerging on US policy change risk
A BANK of Korea (BOK) survey shows US policy risks have emerged as a major concern for local financiers and experts, following the presidential election.Roughly 56 per cent of...

Dyson dials back Malaysia hairdryer operations, redeploys staff
DYSON is dialling back its hairdryer-related operations in Malaysia, according to sources familiar with the matter who declined to be identified discussing matters that are private, as the consumer...

Bankman-Fried’s ex-deputy Wang avoids prison time over crypto fraud
FORMER cryptocurrency executive Gary Wang, who unwittingly wrote the computer code that helped FTX founder Sam Bankman-Fried steal about US$8 billion from customers of the now-bankrupt exchange, was spared...

Bitcoin hits record US$95,000 as crypto seeks direct line to Trump
BITCOIN hit US$95,000 for the first time as the digital-asset sector moves to cement its influence with Donald Trump by pushing for a new White House post dedicated to...

Nissan Motor urges UK to ease EV targets amid weak demand
NISSAN Motor urged the UK government on Wednesday (Nov 20) to ease up its electric vehicle (EV) mandate, which encourages manufacturers to move from petrol and diesel vehicles to...

Strong US dollar, Trump policies pulling the rug from under Asian, trade-exposed currencies
IN THE past month, the US dollar has strengthened against several Asian currencies – spelling bad news for the region’s trade sectors, while offering limited benefits to its tourism...