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MAS to shortlist fund managers for S$5 billion Equity Market Development Programme by Q3
[SINGAPORE] The Monetary Authority of Singapore (MAS) will shortlist fund managers for its S$5 billion Equity Market Development Programme by the third quarter of 2025.
In response to media...
US dollar tumbles as Trump’s EU tariff talk spurs investor flight
[NEW YORK] The US dollar dropped across the board on Friday (May 23), as investors dumped the currency after US President Donald Trump once again ratcheted up his trade...
Riverstone and Ho Bee Land chairmen make fresh share purchases
[SINGAPORE] Over the five trading sessions from May 16 to 22, institutions were net sellers of Singapore stocks, with net institutional outflows of S$65 million, adding to net outflows...
Tether focuses elsewhere while US seeks to regulate stablecoins
[CHICAGO] While Congress is considering bills that would help integrate stablecoins more into mainstream finance, the largest issuer of the digital tokens says it will continue to focus on...
‘Little, little screws’ one of many hurdles to US-made iPhones
[NEW YORK/WASHINGTON] President Donald Trump’s bid to bring manufacturing of Apple’s iPhone to the United States faces many legal and economic challenges, experts said on Friday (May 23), the...
Advisory firm Glass Lewis backs Toyota chairman re-election
Akio Toyoda’s position at the automaker has come under scrutiny over governance concernsPublished Sat, May 24, 2025 · 01:15 PM[TOKYO] Advisory firm Glass Lewis has recommended shareholders re-elect Toyota Motor...
Trump signs orders to revive US leadership in nuclear power
[WASHINGTON] US President Donald Trump on Friday (May 23) signed orders meant to accelerate the construction of nuclear power plants, including small, untested designs that offer the promise of...
Salesforce is back in talks to acquire Informatica
[NEW YORK] Salesforce is in talks to acquire software company Informatica, rebooting a pursuit that fell through last year, sources familiar with the matter said. If a deal is...
Oracle to buy US$40 billion of Nvidia chips for OpenAI’s US data centre: report
[BENGALURU] Oracle will spend around US$40 billion on Nvidia’s higher-performance chips to power OpenAI’s new US data centre, the Financial Times (FT) reported on Friday (May 23).The data centre,...
China’s GAC starts auto sales in Brazil, eyes local plant by late 2026
[SAO PAULO] Chinese automaker GAC announced on Friday (May 23) its product launch in Brazil, saying it expects its line of hybrid and electric cars to garner market acceptance...
