Culture
US: Stocks rise, S&P 500 ends just shy of record
Wall Street stocks rose on Thursday with tech equities leading, after the White House signalled President Donald Trump could extend a July…
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Culture
Culture
Wall Street forecasts windfall for big US banks from Fed plan to ease leverage rule
Large US global banks can expect as much as US$6 trillion in additional balance sheet capacity and billions in freed up capital under a…
Culture
S-E Asia’s e-commerce platform gross merchandise value growth rate eases: report
South-east Asia’s total e-commerce platform gross merchandise value (GMV) grew at a slower rate of 12 per cent year on year in 2024, as…
Culture
US: S&P 500, Nasdaq open near record peak as Micron results boost chip stocks
]NEW YORK] Wall Street’s S&P 500 and Nasdaq indexes opened near a record high on Thursday (Jun 26) as robust earnings from memory-chip…
Culture
Salesforce CEO says 30% of internal work is being handled by AI
Tech leaders have been increasingly vocal about the potential for AI to replace human workers Salesforce chief executive officer Marc…
Culture
Amazon Web Services and Digital Industry Singapore launch programme to spur AI transformation
Amazon Web Services (AWS) and government agency Digital Industry Singapore (DISG) on Thursday (Jun 26) launched a programme to accelerate…
Culture
Singapore stocks rise on Thursday amid mixed regional trading, STI up 0.3%
Local stocks ended higher on Thursday (Jun 26), amid mixed trading in the region. The benchmark Straits Times Index (STI) rose 0.3 per…
Culture
Singapore Savings Bond demand falls short; 10-year average return drops to 2.49%
In comparison, the previous issuance for June saw a total of S$302.9 million in applications, versus S$500 million on offer The latest…
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Singapore Savings Bonds fully allocated; 10-year average return drops to 2.49%
In comparison, the previous issuance for June saw a total of S$302.9 million in applications, versus S$500 million on offer The latest…
Culture
Asian markets in full swing as investors shake off trade jitters
Trading desks across Asia are buzzing with excitement again, as the region shakes off tariff shocks and attracts investors with its solid…
Culture
Singapore’s millionaire inflow to halve in 2025: report
Singapore will likely see a net inflow of 1,600 millionaires in 2025 – less than half the 3,500 that had been projected to move there in…
Culture
China tech firms ramp up M&A deals with the blessing of Beijing
After a chastening crackdown that wiped billions off their value and forced top executives out of the public eye, China’s technology…
Culture
2025 Nordstrom Anniversary Sale | What You Need to Know - Fashion Jackson
Nordstrom Anniversary Sale Pro Tips Expedited Shipping: When checking out, use the fastest shipping option possible, to reduce the risk of…
Culture
Indonesia working on new e-commerce tax rule in bid to target 'shadow economy'
Indonesia is working on a new regulation that will require e-commerce platforms to collect and pass on sellers’ sales income in a bid to…
Culture
AEM raises H1 FY2025 revenue guidance to up to S$195 million on pull-in of customer orders
It will provide guidance for the second half of the year when it reports its earnings on Aug 13 Semiconductor test solutions provider AEM…
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Top Glove Q3 profit slides 31% to RM34.7 million despite higher revenue
Malaysian glove maker Top Glove on Thursday (Jun 26) posted a net profit of RM34.7 million (S$10.5 million) for its third quarter ended…
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Japan hits M&A record of US$232 billion, driving Asia deals rebound
[TOKYO/HONG KONG] Japan is driving Asia’s mergers and acquisitions (M&A) rebound in 2025 with a record US$232 billion worth of deals in…
Culture
Bank of Korea overhauls repo framework amid changing liquidity conditions
The Bank of Korea (BOK) said it’s revamping its open market operation framework to increase its operational flexibility to manage…
Culture
US dollar slips as Trump considers naming next US Fed chair early
The US dollar dipped amid an increase of bets on US interest-rate cuts due to growing expectations that the next US Federal Reserve…
Culture
Asia: Stocks down with eyes on Mideast, dollar hit by Trump Fed comment
Most stocks fell on Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar dropped after…
Culture
China opens first offshore gold vault and contracts in Hong Kong
The Shanghai Gold Exchange (SGE) has expanded outside mainland China for the first time, with the rollout of two new contracts and a…
Culture
Mars US$36 billion Kellanova deal waved ahead by US regulator
Mars’ US$36 billion takeover of snack maker Kellanova was given the green light by the US Federal Trade Commission (FTC) on the same day…
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Indonesia’s yield curve may steepen as Bank Indonesia unwinds intervention
Indonesia’s sovereign yield curve is set to steepen as the central bank reduces its use of short-term rupiah securities, prompting a shift…
Culture
Civmec set to acquire ship manufacturer Luerssen Australia for A$20 million
Construction and engineering services provider Civmec will purchase Luerssen Australia from Naval Vessels Luerssen (NVL) Australia for…