Culture
Microsoft to stop using engineers in China for tech support of US military, Hegseth orders review
[SAN FRANCISCO] Microsoft on Friday said it will stop using China-based engineers to provide technical assistance to the US military after a report in investigative journalism outlet ProPublica sparked...
Blackstone drops out of consortium bid for TikTok US: source
PRIVATE equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok’s US operations, a source familiar with the matter told Reuters on Friday.The latest change came...
US: Wall Street opens higher as investors weigh data, earnings
Published Fri, Jul 18, 2025 · 09:43 PM[NEW YORK] Wall Street opened higher on Friday (Jul 18), with investors weighing a week of mixed economic signals and earnings reports,...
Lum Chang Creations’ public offer of 1 million shares 47.3 times oversubscribed
[SINGAPORE] Lum Chang Creations (LCC) has drawn strong investor interest for its initial public offering (IPO), with one million offer shares about 47.3 times oversubscribed by retail investors. By...
China venture capital funds tap global investors for US$2 billion in comeback
[BEIJING] China’s largest venture capital houses are tapping the market for at least US$2 billion in new funds, re-engaging with the country’s startups in a signal of renewed global...
Ultra-rare metal rides AI boom as commodities star performer
[SINGAPORE] Thanks to the boom in artificial intelligence (AI), an ultra-rare element you have probably never heard of is one of this year’s best-performing raw materials.Ruthenium, a silvery grey...
US: S&P 500, Nasdaq end at record highs after solid retail data
[NEW YORK] Wall Street stocks rose to fresh record highs on Thursday (Jul 16) as markets focused on solid US retail sales data and corporate earnings rather than lingering...
China’s WeRide secures LTA approval to run driverless bus without safety officer in Sentosa
[SINGAPORE] China-based WeRide has secured approval from Singapore’s Land Transport Authority (LTA) to operate a driverless bus in Sentosa without an on-board safety officer.This will be the first autonomous...
India’s private market boom set to continue, as investors keep shunning China
[SINGAPORE] A surge in the value of private equity (PE) deals signed in India in the first half of this year, coupled with the inking of the country’s biggest...
Trek 2000 International divests stake in Terrenus Energy valued at around S$8.2 million
[SINGAPORE] Technology provider Trek 2000 International announced on Thursday (Jul 17) that it will be disposing its 4.3 per cent stake in Terrenus Energy back to the renewable energy...
