Business
Taiwan imposes technology export controls on Huawei, SMIC
Taiwan has blacklisted Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC), dealing another major blow to the…
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Business
Business
China’s biotech moment ignites a 60% stock rally that beats AI
China’s biotechnology stocks have shaken off a four-year slump to be among the hottest performers in Asia this year and funds are tipping…
Business
Oil market, long numb to war risk, confronts weekend of worry
The past two years of escalating tensions in the Middle East have taught oil traders to be sanguine about the risk of disruption to oil…
Business
Musk pins Tesla's comeback on robotaxis after retreat from feud
TESLA already had a lot riding on its highly anticipated robotaxi launch long before Elon Musk decided to swing a wrecking ball through…
Business
Trump said Nippon-US Steel deal has resolvable national security risk
US PRESIDENT Donald Trump said on Friday (Jun 13) that concerns over national security risks posed by Nippon Steel’s US$14.9 billion bid…
Business
Trump reports tens of millions in income from crypto ventures
PRESIDENT Donald Trump filed his first public financial disclosure report of his term on Friday (Jun 13), providing what he said was the…
Business
Meta's US$14.8 billion Scale AI deal latest test of AI partnerships
Facebook owner Meta’s US$14.8 billion investment in Scale AI and hiring of the data-labeling startup’s chief executive officer will test…
Business
Trump Media's registration for bitcoin treasury deal becomes effective
P Media & Technology Group said on Friday (Jun 13) that the US Securities and Exchange Commission has declared effective the registration…
Business
US: Stocks fall as investors pare risk on Middle East clash
Wall Street stocks finished sharply lower Friday (Jun 13) as Iran launched counterstrikes in response to an Israeli siege, leaving most…
Business
Europe: Shares tumble as Israel-Iran conflict escalates
EUROPEAN shares closed lower on Friday (Jun 13) as Israel’s wide-scale strike against Iran triggered a broad market selloff, with…
Business
Oil settles up 7% as Israel, Iran trade air strikes
Oil prices jumped on Friday (Jun 13) and settled 7 per cent higher as Israel and Iran traded air strikes, feeding investor worries that…
Business
Shein's planned Hong Kong listing to benefit from wider capital pool, analysts say
Shein’s planned listing in Hong Kong will help the online fast-fashion retailer avoid sharp investor scrutiny of its supply chains while…
Business
US: Wall St opens lower as Israel-Iran conflict hits risk appetite
Wall Street’s main indexes opened lower on Friday (Jun 13) after Israel’s deadly strike on Iranian nuclear facilities inflamed tensions in…
Business
Alibaba movie unit’s pivot, rebrand bring US$2 billion value gain
DAMAI Entertainment Holdings, formerly Alibaba Pictures Group, is shifting its focus from movies production to faster-growing…
Business
Thakral associate GemLife inks underwriting agreement for Australian IPO launching ‘very shortly’
The company holds an effective interest of 31.7 per cent in GemLife, a lifestyle resorts business in Australia Mainboard-listed Thakral…
Business
Hong Kong-listed ESR gets shareholders’ nod for privatisation
Shareholders of ESR Group on Friday (Jun 13) approved the scheme resolution proposed by a consortium of investors to acquire and privatise…
Business
Google Cloud and Digital Industry Singapore launch programme to spearhead AI development among companies
Digitally-mature companies keen on doing more in the area of artificial intelligence (AI) will now have the opportunity to tap a new…
Business
Celine Song’s “Materialists” Tries to Subvert the Rom-Com
In Lucy’s line of work, everything begins with the quantitative. Client lists of nonnegotiables read like a barrage of demographic data,…
Business
AI toys and games? Barbie maker Mattel teams up with OpenAI to create new products
Your next toy or game may be able to converse with you. Mattel, the El Segundo toy maker behind Barbie and Hot Wheels, said Thursday that…
Business
Temasek joins Microsoft, BlackRock and MGX to develop AI infrastructure
Temasek’s participation comes after the Kuwait Investment Authority joined earlier in June Temasek has joined a consortium backed by…
Business
US: Wall St opens lower as Middle East tensions rise
Wall Street’s main indexes opened lower on Thursday (Jun 12) as signs of rising tensions in the Middle East hurt risk sentiment and…
Business
Boustead Singapore reviews assets for potential sale to Reit for listing
No certainty that any transaction will materialise as a result of this process, says the engineering and technology group Boustead…
Business
French nuclear output concerns drive power prices up
Power prices throughout Europe have surged amid concerns that France might need to reduce its nuclear output, as reported by Reuters. The…
Business
DBS raises target price for Sheng Siong on steady earnings growth, margin superiority
DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and…