Culture
SoftBank’s Son, OpenAI’s Altman to unveil Japan AI thrust
SOFTBANK Group’s founder Masayoshi Son is taking the stage in Tokyo on Monday (Feb 3) with OpenAI chief Sam Altman, part of a global push…
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Culture
Culture
SoftBank, OpenAI unveil Japan AI joint venture
SoftBank Group CEO Masayoshi Son said on Monday (Feb 3) he has agreed with OpenAI CEO Sam Altman to set up a joint venture in Japan to…
Culture
Hong Kong-listed China stocks brace for Trump tariffs’ impact
CHINESE stocks listed in Hong Kong will come under renewed pressure when they resume trading Bloomberg following a three-session break,…
Culture
Singapore shares fall at Monday’s open; STI down 1.5%
SINGAPORE shares tumbled at the open on Monday (Feb 3) as investors mulled over the impact of tariffs imposed by US President Donald Trump…
Culture
Barrenjoey opens Hong Kong office as Australian firm expands
BARRENJOEY has added a Hong Kong office to its growing international footprint as the Australian financial services firm boosts its…
Culture
Samsung chief Jay Y Lee found not guilty in merger case
The Seoul High Court upheld a lower court’s ruling dismissing all the charges from a case involving a 2015 merger Samsung Electronics…
Culture
Honda’s motorcycle business is the gem in a messy Nissan union
HONDA Motor’s crusade to shore up car sales by absorbing Nissan Motor could undermine an oft-forgotten but equally vital part of its…
Culture
UniCredit heats up Italy finance battle with new Generali stake
UNICREDIT has made a surprise new move in the fight to dominate the Italian financial system by unveiling a minority stake in…
Culture
InnoTek shifts gears to AI, EVs to capture industry changes
Already in China, Thailand and Vietnam, the company is mulling a move into Malaysia FACED with a changing disk drive industry more than 15…
Culture
Why Europe will power a big and beautiful 2025 for stocks
WHAT will 2025 bring for stocks? Haze clouded my view in January. Three 2025 outcomes seemed similarly likely: US and world stocks could…
Culture
Trump’s policy moves still biggest risk amid DeepSeek-induced sell-off last week
The AI model’s success may drive the US government to take an even harder line on tariffs and trade restrictions The first Federal Open…
Culture
Trump tariffs target loophole used by Chinese online retailers
President Donald Trump’s new trade levies against China, Canada and Mexico include a broadside against e-commerce, with apparent plans to…
Culture
Trump's oil tariffs a boost for European and Asian refiners
US President Donald Trump’s trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive…
Culture
Bonds gain in January as Trump’s return drives topsy-turvy month
FOR all the trepidation coursing through the bond market at the start of 2025, Treasuries are up on the month as traders remain on watch…
Culture
Singapore will continue to work with US counterparts to comply with export controls: MTI
THE Ministry of Trade and Industry (MTI) said on Saturday (Feb 1) that Singapore’s customs and law enforcement agencies will continue to…
Culture
Unilever weighs New York as venue for ice cream unit listing
Unilever is considering New York as a potential venue for a listing of its ice cream business, people with knowledge of the matter said, a…
Culture
Meta posts longest rally since 2015 as Wall Street cheers AI bet
Meta Platforms shares posted their longest streak of daily gains in almost a decade, with its latest earnings report adding to investor…
Culture
Nvidia CEO Huang meets Trump at White House on Friday
President Donald Trump met Friday (Jan 31) with Nvidia chief executive officer Jensen Huang at the White House as the US prepares tariffs…
Culture
Oil posts weekly losses as US set to impose tariffs on Canada, Mexico
Oil prices eased on Friday (Jan 31) and closed the week lower as investors awaited 25 per cent tariffs by the US on Canada and Mexico,…
Culture
Europe: Stoxx 600 logs longest weekly winning streak in 10 months
European shares closed at a record high on Friday (Jan 31), led by technology stocks, as earnings from companies such as Novartis and…
Culture
US: Wall Street ends lower as White House says Trump to implement tariffs
US stocks ended lower on Friday (Jan 31), with indices losing ground after the White House said US President Donald Trump will implement…
Culture
Veteran bankers Eric Tham and Tan Jeh Wuan to join board of Raffles Medical’s insurance unit
VETERAN bankers Eric Tham and Tan Jeh Wuan have been designated to the board of Raffles Health Insurance as non-executive and independent…
Culture
UPS breaks with Amazon to take ‘control of own destiny’
UNITED Parcel Service (UPS) suffered its biggest one-day share drop after shocking the market by slashing business with the world’s…
Culture
Higher casino takings drive MBS’ revenue for Q4 2024
MARINA Bay Sands (MBS) posted a 7.2 per cent rise in net revenue to US$1.14 billion for the fourth quarter ended Dec 31, 2024 amid ongoing…