Culture
Gold falls as traders watch US-China trade talks in London
GOLD declined on Tuesday as market participants awaited further developments from ongoing US-China trade talks in London, with negotiations extending into a second day.Spot gold fell 0.5 per cent to US$3,311.16 an...
Huawei chips are one generation behind US but firm is finding workarounds: CEO
Published Tue, Jun 10, 2025 · 10:00 AM[BEIJING] Huawei Technologies’ chips are one generation behind those of US peers but the firm is finding ways to improve performance through...
China’s WeRide, Malaysia’s Causeway Link among firms bidding to run driverless public buses in S’pore
[SINGAPORE] The local offshoot of Chinese self-driving technology company WeRide and a consortium led by Malaysian bus operator Handal Indah, also known as Causeway Link, are among four companies...
Stocks to watch: OCBC, Kim Heng
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jun 10).OCBC: Independent directors of Great Eastern Holdings (GEH) are recommending that shareholders...
S&P downgrades Warner Bros bonds deeper into junk status
Published Tue, Jun 10, 2025 · 07:16 AMS&P Global Ratings cut Warner Bros Discovery’s unsecured bond ratings deeper into junk status after the media company announced it was splitting...
Apple plays it safe on AI despite Wall Street pressure
[CUPERTINO, United States] Apple on Monday remained on its cautious path to embracing generative AI even as rivals race ahead with the technology and Wall Street expresses doubts over...
Barclays cuts more than 200 investment bank jobs to reduce costs
[LONDON] Barclays is preparing to cut more than 200 jobs in its investment bank in the coming days as part of chief executive officer CS Venkatakrishnan’s plan to boost...
Warner Bros plans to split streaming, cable TV businesses
[NEW YORK] Warner Bros Discovery is splitting itself into two publicly traded companies, one with its HBO Max streaming service, film and television business, and the other with its...
US: Wall Street opens higher as US-China trade talks begin
Published Mon, Jun 9, 2025 · 09:44 PMWALL Street’s main indexes opened higher on Monday (Jun 9) as investors watched a fresh round of negotiations between the United States...
Shareholders to vote on Great Eastern delisting on Jul 8
[SINGAPORE] Independent directors of Great Eastern Holdings (GEH) are recommending for shareholders to accept OCBC’s conditional exit offer that will ultimately lead to the insurer’s delisting.This is based on...
Asia healthcare assets risk overvaluation as private investors scoop them up
[SINGAPORE] As private equity (PE) investors pour money into Asian healthcare, some observers are concerned that this sector could soon overheat. Some recent deals this year include KKR’s US$400...
Kim Heng inks deal with Singapore Energy Interconnections on submarine power projects
This comes after Singapore Energy Interconnections’ other project to enable low-carbon electricity imports from Indonesia to Singapore[SINGAPORE] Offshore marine services contractor Kim Heng has inked an agreement with a...