Business
SeaMoney rebrands to Monee, opens new headquarters for Sea group’s digital financial services
It will set up centres of excellence in product management, artificial intelligence and anti-money laundering Sea’s digital financial…
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DBS loan demand to remain strong in H1, full-year growth likely at 5 to 6%: CEO Tan Su Shan
DBS expects its loan demand will remain strong in the first half of 2025, but warned that it may slow in the second half if the trade war…
Business
Unless things take a turn for the worse, the Fed seems comfortable to keep rates on pause indefinitely
The US Federal Reserve does not want any part of US President Donald Trump’s trade war, and it is determined to sit on the sidelines until…
Business
Indonesia reserves drop most in almost two years on rupiah woes
Bank Indonesia has stepped up intervention this year and last month began intervening in the offshore non-deliverable forwards market…
Business
Chinese automakers crank up sales of cars with combustion engines in Europe
Chinese electric vehicles (EVs) are losing momentum in Europe, but the nation’s automakers are selling more cars than ever in the region…
Business
US Fed rate pause keeps Asian markets steady, but watch out for tariffs: market observers
The US Federal Reserve keeping rates steady is a plus for stability in Asia’s financial markets, but trade uncertainty from tariffs…
Politics
Voice of America to Receive Feeds From Pro-Trump Network, Administration Says
Voice of America, a U.S.-funded international news broadcaster that was muted by the Trump administration in March, may sound quite…
Business
Thailand to shortlist central bank chief candidates by July 2, official says
A Thai selection committee plans to shortlist candidates to be the next central bank chief by Jul 2, an official said on Thursday (May 8),…
Politics
Trump’s Threat of ‘Foreign’ Film Tariffs Stirs Anxiety in the U.K.
President Trump’s desire to “make Hollywood great again” by wielding his preferred economic weapon — tariffs — has sent a shiver through…
News
Image shows Indian plane crash in 2024, not 'jet downed by Pakistan'
Pakistan said it had shot down five Indian jets on May 7, 2025 during the worst violence between the nuclear-armed neighbours in decades,…
Business
DBS shares jump more than 2% after earnings beat estimates
DBS shares rose 2.1 per cent or S$0.88 on Thursday (May 8) to reach S$43.64 as at 11.26 am. It bucked the trend among the Singapore banks…
Politics
Zombie oil supertanker in China points to Iran trade workarounds
After buckling under pressure from Beijing and Washington, the clandestine supply chain that carries Iranian crude to China is finding new…
Politics
Donald Trump set to announce new trade deal with Britain: Report
President Donald Trump is set to announce a new trade deal with Britain on Thursday, The New York Times reports. Newsweek reached out to…
Politics
Boeing vows to deliver new Air Force One by 2027, US official says
A top US Air Force official said Boeing is proposing to deliver its new version of Air Force One by 2027 as officials look to satisfy US…
Politics
Trump: 'Major' trade deal coming Thursday
President Trump teased a "major trade deal" to be announced Thursday, saying there will be more to come. Source link
Politics
Supreme Court Chief Justice Roberts sends new message to Trump
Supreme Court Chief Justice John Roberts stressed the importance of America's courts remaining independent in order to "check the…
News
Sports Daily | Newsletter Reader Survey
By Joe Kozlowski is the Newsweek Sports Team Lead based in New York. His focus is covering U.S. sports. He is especially passionate about…
Business
Bank of Japan split over how US policies impact rate hikes: March minutes
Bank of Japan policymakers were divided in March over how soon the central bank should raise interest rates again as uncertainty stemming…
Business
Gold rises as Fed warns of economic uncertainty; Sino-US trade talks eyed
Gold prices climbed on Thursday (May 8) after the Federal Reserve warned of rising inflation and labour market risks fuelling economic…
Business
Singapore stocks open weaker as Fed leaves rates unchanged; other Asian markets mixed
DBS up on Q1 results, dividend announcement; Reits among most actively traded counters fall in early trade Singapore stocks opened weaker…
Business
Blackstone, Vanguard, Wellington to launch private markets fund
Traditional asset managers have been seeking ways to move beyond stock and bond funds into higher-margin businesses, including private…
Business
Great Eastern reports 13% higher Q1 profit of S$345.5 million
Great Eastern on Thursday (May 8) posted a 13 per cent year-on-year increase in profit to S$345.5 million for the first quarter ended…
Business
ANZ’s H1 cash earnings largely flat, margins stay pressured
RALIA’S ANZ Group reported largely flat first-half cash earnings on Thursday (May 8), as persistent competition in the home loan market…
Business
Stocks to watch: DBS, Riverstone, Lendlease Global Reit, Amara, Ban Leong
The following companies saw new developments that may affect trading of their securities on Thursday (May 8). DBS: The bank’s net profit…