Culture
South Korea’s SK On aims to best rivals with next-generation batteries
SK Innovation’s battery unit plans to accelerate development of cutting-edge technologies in partnership with US and European carmakers,…
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Culture
Culture
Boeing defence workers set to strike on Monday in US: union
Thousands of members of a union representing Boeing defence industry workers in the US states of Missouri and Illinois will go on strike…
Culture
The AI race has big tech spending US$344 billion this year
If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two weeks, it’s to…
Culture
US dollar tumbles;traders bet on more US rate cuts after weak jobs report
THE greenback dropped on Friday (Aug 1) and was on track for its biggest daily loss against the yen since January 2023 after data showed…
Culture
Wall Street banks lose ground in Europe as tariffs spook clients
AS US President Donald Trump has ratcheted up his rhetoric against trading partners in Europe, corporates across the continent are taking…
Culture
No plans to ‘fully liberalise’ cross-border ride-hailing services: LTA
The Land Transport Authority on Sunday (Aug 3) said it has “no plan to fully liberalise” point-to-point transportation between Singapore…
Culture
iFast books S$50.3 million net institutional inflow in five sessions
Over the five trading sessions from Jul 25 to 31, institutions were net sellers of Singapore stocks. The net institutional outflow of…
Culture
As Trump’s tariffs bite, investors should ensure the companies they own have strong fundamentals
It seemed like Groundhog Day again when US President Donald Trump unveiled revised reciprocal tariffs on imports from dozens of countries…
Culture
CDL’s Kwek Leng Beng aims to treble the group’s hotel numbers to 500
If City Developments Ltd (CDL) executive chairman Kwek Leng Beng’s plans come to fruition, the group’s portfolio of hotels – including…
Culture
Buffett’s Berkshire hit with US$3.8 billion Kraft Heinz charge
WARREN Buffett’s Berkshire Hathaway took a US$3.8 billion impairment on its Kraft Heinz stake, the latest hit to a bet that’s weighed on…
Culture
Opec+ agrees in principle another large oil output hike: sources
+ agreed in principle to boost oil output by 548,000 barrels per day (bpd) in September, two Opec+ sources said on Sunday (Aug 3), as the…
Culture
Opec+ makes another large oil output hike in market share push
Opec+ agreed on Sunday (Aug 3) to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated…
Culture
Mixed H1 2025 performance, but hospitality S-Reits push ahead with portfolio reconstitution and diversification
Three out of five Singapore-listed hospitality trusts have reported half-yearly financial results for the first half of 2025 over the past…
Culture
South-East Asian firms test Hong Kong waters amid IPO surge
South-east Asian companies have mostly sat out Hong Kong’s 2025 listing boom, but a cautious revival may be under way with four more…
Culture
Bank of England rate cuts deliver £11 billion hit to households
Exactly one year since the Bank of England (BOE) started to cut interest rates, the pressure on households from the highest borrowing…
Culture
Apple CEO tells staff AI is ‘ours to grab’ in hourlong pep talk
Apple chief executive officer Tim Cook, holding a rare all-hands meeting following earnings results, rallied employees around the…
Culture
Starbucks plans kiosks to cut long lines at airport locations
Starbucks is working on adding ordering kiosks to busy locations in the US that cater to on-the-go customers. The Seattle-based coffee…
Culture
China state media asks Nvidia to prove H20 chips are secure
China state media is calling for Nvidia to prove that its H20 chip is secure, saying it cannot allow flawed chips into the country.…
Culture
Brunei tweaks Bridgewater bet to a lucrative 20% stake in firm
Brunei’s sovereign wealth fund pulled money from an investment in a Bridgewater Associates strategy to buy an almost 20% stake in the…
Culture
China polysilicon firms plan 50 billion yuan fund to shut a third of industry capacity
Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan (S$8.9 billion) fund to…
Culture
Barclays says credit liquidity premium gone as e-trading thrives
This premium has shrunk as electronic credit trading has boomed, bringing more liquidity to the market, according to the report The…
Culture
Airbus said to deliver fewer aircraft in July amid engine woes
The world’s biggest planemaker has delivered around 370 planes in the first seven months of 2025, less than half its annual goal Airbus…
Culture
Barclays latest British lender to quit climate banking alliance
The NZBA lists more than 100 members on its website, including leading international financial institutions Barclays has become the latest…
Culture
Tesla ordered by Florida jury to pay US$243 million in fatal Autopilot crash
A Florida jury on Friday (Aug 1) found Tesla liable to pay US$243 million to victims of a 2019 fatal crash of an Autopilot-equipped Model…