Fashion
China’s Huawei launches ‘milestone’ smartphone with homegrown OS
CHINESE tech giant Huawei on Tuesday (Nov 26) unveiled its first smartphone equipped with a fully homegrown operating system, a key test in the firm’s fight to challenge the...
Macquarie initiates coverage on 11 S-Reits with top picks including data centre plays
MACQUARIE Research initiated coverage on 11 Singapore real estate investment trusts (S-Reits) that it prefers amid a higher-for-longer interest rate environment.It named top picks including data centre and industrial...
Australian stock exchange targets 2029 for phase two of trading software overhaul
AUSTRALIAN bourse operator ASX said on Tuesday (Nov 26) it aimed to implement the second phase of its clearing and settlement software overhaul by 2029, with projected costs ranging...
StanChart is front-runner as dollar settlement bank in India hub
STANDARD Chartered has emerged as the front-runner to become the settlement bank for real-time US dollar-denominated trades in India’s newest financial hub, according to sources familiar with the matter....
Gold falls further on stronger US dollar, easing geopolitical tensions
GOLD prices fell on Tuesday (Nov 26) to their lowest in more than a week, weighed down by a stronger US dollar and reports of a potential Israel-Hezbollah ceasefire...
Singapore stocks open lower on Tuesday; STI down 0.3%
SINGAPORE stocks started trading lower on Tuesday (Nov 26), following declines in other Asian markets after US President-elect Donald Trump said the US would impose an extra 10 per...
Starbucks using pen and paper to track pay after vendor hack
STARBUCKS said a ransomware attack at a third-party software supplier has disrupted its system for tracking employee schedules, forcing the coffee giant to manually tally workers’ hours and pay.Blue...
Barclays to add Singapore as private bank booking centre by 2026
BARCLAYS plans to add Singapore as its second booking centre for its private bank operations in Asia Pacific, marking a full return to the wealth hub.Rich clients will be...
Intel expects US to shave chip-making grant: sources
INTEL expects the US government to reduce a preliminary subsidy of US$8.5 billion to build more chip factories, two sources familiar with the matter said on Monday (Nov 25),...
Trump crypto project gets US$30 million investment from Justin Sun
THE controversial China-born crypto entrepreneur Justin Sun has invested US$30 million in President-elect Donald Trump’s World Liberty Financial, making him the largest investor in the decentralised finance (DeFi) project.“The...
Bank of England suppressing debate on long-term rates, ex-policymaker says
BANK of England (BOE) governor Andrew Bailey is suppressing a critical debate about where interest rates will settle in a move that may sow confusion about the stance of...
Jack Smith Files Motion to Drop Jan.6 Charges Against Trump Before Inauguration in Major Blow for Special Counsel
Special Counsel Jack Smith filed a motion on Monday to drop four charges against President-elect Donald Trump related to his alleged attempts to overturn the 2020 election results. Smith...