Culture
GE2025 results expected to have limited impact on Singapore stocks, say market watchers
While Saturday’s General Election (GE) offers a welcome signal for investors who value political stability, market watchers say its impact…
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Culture
Culture
Big Oil isn’t budging on output as Opec+ supply hike looms
The largest western oil producers are mostly sticking with their growth plans for now, despite a 16 per cent decline in crude prices…
Culture
Etihad is squeezing outsized luxuries into its smallest aircraft
When Etihad Airways received its first Airbus A380 jets a good decade ago, the airline furnished the front of the giant double decker with…
Culture
US Fed expected to pause cuts again and wait for clarity on tariffs
The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how US President Donald…
Culture
Shell is studying merits of BP deal as rival’s stock slumps
Shell is working with advisers to evaluate a potential acquisition of BP, though it’s waiting for further stock and oil price declines…
Culture
Opec+ agrees another accelerated oil output hike for June
[LONDON/DUBAI] Opec+, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, has agreed to…
Culture
Ben & Jerry's cites investor Peltz's growing influence over parent company Unilever
Ice cream maker Ben & Jerry’s said late on Friday (May 2) that billionaire activist investor Nelson Peltz, who is on its parent company…
Culture
Tiny logistics firm’s shares surge on plan to buy Trump Coin
A small logistics company’s plan to hold US President Donald Trump’s memecoin as a treasury asset is fuelling its blistering stock rally.…
Culture
Warren Buffett’s favourite valuation indicator flashes buy signal
A key valuation metric touted by legendary investor Warren Buffett is signalling that equities are relatively cheap, bolstering the case…
Culture
JetZero’s triangle-shaped jet on track to fly by late 2027
JetZero, the startup aiming to take on planemakers Airbus and Boeing, is on track to fly the first full-scale model of its manta…
Culture
Hong Kong buys US dollars to maintain FX peg in first since 2020
The Hong Kong Monetary Authority (HKMA) bought US dollars to cap the gains of the city’s currency, the first such intervention since 2020.…
Culture
Cyberattacks blight Britain's retailers as M&S, Co-op's systems' breached
Britain’s Marks & Spencer (M&S) entered a second week unable to take online orders on Friday (May 2) following a major cyberattack, while…
Culture
Oil posts biggest weekly loss in a month ahead of Opec+ meeting
Oil prices fell more than 1 per cent lower on Friday (May 2) and recorded their biggest weekly losses since the end of March, as traders…
Culture
Europe: Shares rise as markets cheer signs of easing Sino-US tensions, US jobs data
European shares surged on Friday (May 2), capping off a week filled with earnings across the continent, as signs of a potential…
Culture
US: Wall Street stocks buoyed by strong economic data, possible US-China trade talks
Wall Street stocks advanced on Friday (May 2), notching the second straight week of gains, helped by strong economic data and potential…
Culture
TikTok fined 530 million euros in EU over China data transfer
TikTok was hit with a massive EU fine of 530 million euros (S$779 million) on Friday (May 2), accused of sending personal data of…
Culture
Nvidia is working on China-tailored chips again after US export ban: The Information
The chip giant has told customers that a sample of the new chip will be available as soon as June Nvidia has told some of its biggest…
Culture
US: Wall Street opens higher on tariff, jobs data optimism
stock indexes opened higher on Friday (May 2), as signs of a de-escalation in the trade war with China and a stronger-than-expected jobs…
Culture
HSBC warns trade turmoil poses serious risks to global growth
Shifting global trade relations have increased economic uncertainty with serious risks to growth, making it difficult for international…
Culture
Exxon beats Wall Street profit estimate, boosted by Guyana and Permian production
Exxon Mobil on Friday (May 2) beat Wall Street’s estimate for first-quarter profit as higher oil and gas production from Guyana and the…
Culture
CICT sells stake in CapitaSpring serviced residence component for S$37.8 million
The manager of CapitaLand Integrated Commercial Trust (CICT) on Friday (May 2) announced the sale of its stake in the serviced residence…
Culture
CICT sells stake in CapitaSpring serviced residence component for S$126 million
The manager of CapitaLand Integrated Commercial Trust (CICT) on Friday (May 2) announced the sale of its stake in the serviced residence…
Culture
Mapletree Industrial Trust stays defensive, resilient amid global uncertainties
Mapletree Industrial Trust (MIT) will adopt a more defensive leasing strategy and continue to rebalance its portfolio through divestments…
Culture
Singapore shares close higher ahead of GE2025; STI up 0.3%
Stocks on the local bourse ended higher on Friday (May 2), a day before Singaporeans head to the polls. The Straits Times Index (STI)…