Culture
Management booted out as Japan’s shareholders flex their muscles in AGMs
[TOKYO] Japan’s annual general meetings in June saw a CEO voted out and an entire board of directors replaced in a sign shareholders are increasingly holding management to account...
TikTok cuts more workers from US e-commerce division
US President Donald Trump has said he has a buyer lined up for the app, and just needs approval from the Chinese government for the salePublished Thu, Jul 3,...
Tesla reports lower car sales, extending slump
[NEW YORK] Tesla reported another hefty drop in auto sales on Wednesday, extending a difficult period amid intensifying electric vehicle competition and backlash over CEO Elon Musk’s political activities.The...
Why Hawkfest Will Be the Must-Attend Event This Year
The buzz is building, and I can feel the excitement growing daily. Hawkfest is coming, and based on current demand, we’re definitely going to need a bigger island. This...
BYD shelves plans to build major Mexico car plant over Trump’s trade war
[SAO PAULO] China’s top electric vehicle (EV) maker, BYD, has shelved plans to build a major plant in Mexico over geopolitical tensions and uncertainty stemming from US President Donald...
Microsoft begins deep job cuts across Xbox division
[NEW YORK] Microsoft’s gaming division began informing employees of job cuts on Wednesday (Jul 2) morning, part of a broader culling at the software company as it seeks to...
Microsoft to cut about 9000 jobs amid hefty AI bets
[NEW YORK] Microsoft will lay off nearly 4 per cent of its workforce, or about 9000 people, the company said on Wednesday (Jul 2), in the latest job cuts...
US: Wall Street opens slightly lower after weak jobs data; Tesla rises
Published Wed, Jul 2, 2025 · 09:46 PMUS STOCKS opened lower on Wednesday (Jul 2) as surprisingly weak US private jobs data raised concerns about the labour market, while...
Schroders picks Singapore for global digital assets hub
[SINGAPORE] International investment manager Schroders has chosen Singapore as the base for its new Global Digital Assets Centre of Excellence.The centre will focus on applying tokenisation – which is...
Visa, Mastercard race to tame a US$253 billion crypto threat
[NEW YORK] A turf war is breaking out in the vast world of digital payments – and the incumbents are suddenly on defence.
Tech firms and crypto startups are moving...
