Culture
Taiwan central bank says US debt rising too fast may impact trust in Treasuries
Taiwan’s central bank governor warned on Saturday (Jun 21) that rapidly rising US debt could be “unfavourable” to the outlook for US…
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Culture
Culture
Malaysia keeps anti-dumping duties on some Chinese, Japanese iron, steel
Malaysia said on Saturday (Jun 21) it would maintain anti-dumping duties on imports of Chinese and Japanese cold rolled coils of iron and…
Culture
Trump pledge of quick China magnet flows has yet to materialise
Almost 10 days since US President Donald Trump declared a “done” trade deal with Beijing, US companies remain largely in the dark on when…
Culture
Tesla set to open India showrooms in July with made-in-China EVs
Tesla is set to open its first showrooms in India in July, sources familiar with the discussions said, kicking off formal operations in…
Culture
Trump says he may change his mind about firing Fed chair Powell
US President Donald Trump on Friday (Jun 20) again floated the idea of firing Jerome Powell, the Federal Reserve chair he has long…
Culture
LME imposes new restrictions on holders of large positions
The London Metal Exchange (LME) has imposed new restrictions on holders of large positions in nearby contracts amid low inventory levels,…
Culture
Apple executives have held internal talks about buying AI startup Perplexity
Apple executives have held internal discussions about potentially bidding for artificial intelligence (AI) startup Perplexity AI, seeking…
Culture
Walmart to pay US$10 million to settle US FTC lawsuit over money transfer fraud
Walmart has agreed to pay US$10 million to settle a US Federal Trade Commission (FTC) civil lawsuit accusing the world’s largest retailer…
Culture
Tesla invites select few to Texas robotaxi trial with front seat safety monitors
Tesla has sent out invitations to a small group of people to join the limited test of its robotaxi service in Austin, Texas, which is…
Culture
Meta discussed buying Perplexity before investing in Scale
Meta Platforms held discussions with artificial intelligence (AI) search startup Perplexity AI about a possible takeover before moving…
Culture
US Federal Reserve split on whether to hedge on inflation, or proceed with cuts
The close split at the US Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came…
Culture
Investors eye infrastructure sector for diversification and to ride demand
The infrastructuresector is piquing investor interest, given that data centres and the growing number of electric vehicles are consumers…
Culture
Intense heat to push biggest US grid’s power use to 12-year high
PJM’s demand growth is rebounding after languishing for the better part of a decade, as new data centres cropped up in Northern Virginia…
Culture
Oil prices settle lower as US sanctions ease fears of escalation in Iran
Oil prices settled down on Friday (Jun 20) as the US imposed new Iran-related sanctions, marking a diplomatic approach that fed hopes of a…
Culture
US: Stocks end week mostly lower
Wall Street stocks mostly fell on Friday (Jun 20) amid weakness in some semiconductor shares as markets weighed the latest developments in…
Culture
Europe: Shares edge up as US stalls its Middle East moves
European stocks snapped a three-day losing streak and closed higher on Friday (Jun 20), as investors’ nerves eased following a stall in US…
Culture
Four candidates assessed for Fu Yu’s board, with no findings against suitability
Four proposed directors for Fu Yu Corporation have been assessed by an independent party, with no findings made against their suitability…
Culture
US: Wall St indexes open higher with Trump's Middle East decision in focus
Wall Street’s main indexes opened higher on Friday (Jun 20), tracking strength in global stocks after President Donald Trump held off from…
Culture
Masayoshi Son pitches US$1 trillion US AI hub to TSMC, Trump team
SoftBank Group founder Masayoshi Son is seeking to team up with Taiwan Semiconductor Manufacturing to realise what could be his biggest…
Culture
China’s Baidu eyes robotaxi expansion to Singapore and Malaysia
The development comes as Tesla prepares to launch its Cybercab robotaxi network within days Baidu is planning to launch its Apollo Go…
Culture
Singapore shares end Friday in the red amid mixed regional showing; STI down 0.3%
Local stocks ended lower on Friday (Jun 20), amid a mixed regional performance and growing concerns over a possible US military strike on…
Culture
Shipping firm Maersk temporarily pauses Haifa port calls
Container shipping company Maersk said on Friday (Jun 20) it had temporarily paused vessel calls at Israel’s Haifa port, amid the…
Culture
Gold heads for weekly fall as fewer Fed rate cut prospects weigh
GOLD prices fell on Friday and were on track for a weekly decline, as an overall stronger dollar and the prospect of fewer US interest…
Culture
HSBC names new head of wealth and premier solutions for Singapore
HSBC announced on Friday (Jun 20) that it has appointed Ishan Sarkar as the bank’s new head of wealth and premier solutions (WPS). He will…