Culture

iFast receives MAS trust business licence, enhances wealth management capabilities
[SINGAPORE] iFast Corp announced on Friday (May 2) that its global trust, a Singapore-incorporated entity within the group, has been granted a trust business licence by the Monetary Authority...
Adani Group gets Modi’s blessing as it expands mega India port
INDIA Prime Minister Narendra Modi is set to flag off the second phase of Adani Group’s mega port in Kerala on Friday, showcasing the solid political support for billionaire...
US tariffs provide opportunities for Greenlink Digital Bank: chairman
[SINGAPORE] The continued uncertainty with US tariffs could provide more opportunities rather than challenges to Greenlink Digital Bank (GLDB). GLDB chairman Geng Jing believes that the tariffs could spur deeper...
Mastercard profit beats expectations on resilient consumer spending
MASTERCARD beat Wall Street estimates for first-quarter profit on Thursday as customers kept up spending on its card network despite the economic uncertainty sparked by US President Donald Trump’s sweeping...
Ryanair threatens to cancel huge Boeing order if tariffs raise prices
[DUBLIN] Ryanair on Thursday (May 1) threatened to cancel orders for hundreds of Boeing aircraft if a US-led tariff war leads to materially higher prices, and said it could...
HSBC to lose Asia expert as chairman Mark Tucker announces retirement
[LONDON] HSBC said on Thursday (May 1) that chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at Europe’s biggest...
US: Wall Street leaps at the open on Microsoft, Meta boost
Published Thu, May 1, 2025 · 09:52 PM[NEW YORK] Wall Street’s main indexes jumped at the open on Thursday, powered by shares of Meta and Microsoft, as their strong...
GM slashes guidance with up to US$5 billion hit from tariffs
[DETROIT] General Motors cut its full-year profit outlook citing as much as US$5 billion of exposure to auto tariffs, among the biggest financial hits revealed by any company so...
Tesla chair denies plans to look for new CEO to replace Musk
[BENGALURU] Tesla chair Robyn Denholm on Thursday (May 1) denied a Wall Street Journal report that said board members had reached out to executive search firms to find a...
Q&M Dental makes cash offer for remaining Aoxin Q&M shares at S$0.0321 each
[SINGAPORE] Mainboard-listed Q&M Dental Group (Singapore) has made a mandatory unconditional cash offer to acquire all the shares it does not already own in its subsidiary Aoxin Q&M at...
Trump-linked stablecoin used for Abu Dhabi’s US$2 billion Binance deal
Published Thu, May 1, 2025 · 07:27 PM[DUBAI] World Liberty Financial, the Trump family’s decentralised finance project, said its new stablecoin is being used for a US$2 billion investment...
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics
[BENGALURU] The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in cloud and digital ads while consumer electronics...