Culture
Trump told Fed Chair he was ‘making a mistake’ not cutting rates: White House
President Donald Trump on Thursday stepped up pressure on Jerome Powell to cut interest rates, the White House said, describing his first…
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Culture
Culture
US judge sentences ex-Goldman Sachs banker to two years over 1MDB scandal
A US judge on Thursday sentenced a former Goldman Sachs banker central to the 1MDB scandal to two years in prison after prosecutors argued…
Culture
US: Stocks rise as market weighs tariff ruling
Wall Street stocks finished modestly higher on Thursday following strong earnings from Nvidia as a judicial ruling added to uncertainty…
Culture
Oil prices fall on demand concerns in volatile session as US court blocks Trump tariffs
Oil prices fell on Thursday, retreating from earlier gains, after the International Energy Agency’s director warned of weaker demand in…
Culture
Europe: Shares ease as trade uncertainty lingers after court blocks Trump’s tariffs
EUROPEAN shares eased on Thursday as initial relief that a US trade court had blocked some of President Donald Trump’s tariffs fizzled…
Culture
Businesses tackling Asia’s ageing crisis awarded S$3 million at DBS Foundation’s Impact Beyond Awards
Smart emergency-response devices available round the clock and using artificial intelligence (AI) to help clients match with caregivers…
Culture
Proportion of female directors at top 100 SGX companies surpasses 25% target in 2024
The proportion of female directors in the largest 100 Singapore-listed companies hit 25.1 per cent last year, up from 23.7 per cent in…
Culture
Independent financial adviser appointed for partial offer for Cordlife
Cordlife has appointed Novus Corporate Finance as the independent financial adviser for a voluntary conditional cash partial offer it has…
Culture
US: Wall St opens higher after court blocks most Trump tariffs
Wall Street’s main indexes opened higher on Thursday (May 29) after a federal court ruled against most of US President Donald Trump’s…
Culture
IHH Healthcare Q1 profit falls 33% to RM514 million on exceptional items
Integrated healthcare operator IHH Healthcare on Thursday (May 29) posted a 33 per cent fall in net profit to RM514 million (S$156.3…
Culture
India bank frauds triple to 360 billion rupees as credit scams swell
The rise in cases underscores the challenges being faced by the banking regulator Bank frauds in India jumped threefold last year, with…
Culture
Keppel appoints ex-DBS CEO Piyush Gupta as deputy chairman from Jul 1
Keppel has appointed former DBS chief executive Piyush Gupta as deputy chairman and non-executive independent director of its board,…
Culture
Singapore stocks rise after US court blocks Trump’s tariffs; STI up 0.1%
Singapore stocks ended higher on Thursday (May 29), after a US trade court on Wednesday blocked US President Donald Trump’s “Liberation…
Culture
NTT Docomo to buy SBI’s net bank for 420 billion yen in cutthroat market
The move is part of a capital alliance between the state-backed telecom group and SBI Holdings Docomo is buying SBI Holdings’ online bank…
Culture
NTT Docomo to buy SBI’s online bank for 420 billion yen in cut-throat market
NTT Docomo is buying SBI Holdings’ online bank in a 420 billion yen (S$3.7 billion) deal to shore up the Japanese mobile carrier’s…
Culture
Phillip Securities initiates coverage on dividend-focused Reit ETF trading at ‘attractive’ valuation
Phillip Securities Research has initiated coverage on the Phillip SGX Apac Dividend Leaders Reit ETF (Pareits) with an “accumulate” call…
Culture
Sony says spinoff will give financial arm its own fundraising capabilities
It is the first partial spinoff by a company in Japan with a direct listing – the first in Japan in more than two decades – set for Sep 29…
Culture
Nikkei ends at two-week high on US tariff relief, chip rally
Japan’s Nikkei ended trade on Thursday (May 29) at the highest point in more than two weeks after a US court blocked President Donald…
Culture
As listcos head for the door, are private markets the answer for investors?
Private markets have grown increasingly popular in recent times in South-east Asia, with Singapore accounting for 45 per cent of the…
Culture
Toyota sales hit second monthly record on US demand, tariff rush
Japanese carmakers are heavily reliant on the US auto market and could suffer as much as a US$19 billion impact from the levies Toyota…
Culture
NIE, Amazon Web Services set up AI-focused innovation hub for edtech research
The National Institute of Education (NIE) and Amazon Web Services (AWS) will open a new Technology for Education Centre for applied…
Culture
Foxconn to soon announce second Japanese auto partner, chairman says
The Apple supplier’s interest in working with Japanese car makers comes as they face growing competition from Chinese brands Taiwan’s…
Culture
Aramco CEO will keep borrowing even as oil slump cuts cashflow
Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser…
Culture
Aramco will keep borrowing, CEO says, as oil slump cuts cashflow
Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser…