Business
Vietnam’s VinFast to roll out two cars in 2025 in India debut
ELECTRIC vehicle (EV) maker VinFast said it plans to begin selling two made-in-India cars in the South Asian country later this year,…
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Business
Kimberly-Clark tissue business draws interest from potential buyers
KIMBERLY-CLARK’S potential sale of its international tissue business has attracted interest from companies including Royal Golden Eagle,…
Business
OpenAI finalises 'o3 mini' reasoning AI model version, to launch it soon
CHATGPT maker OpenAI has finalised a version of its new reasoning AI model o3 mini and would be launching it in a couple of weeks, chief…
Politics
TikTok's purveyors of creams and candies under threat from US ban
TIKTOK’S expected Sunday (Jan 19) shutdown poses the biggest threat to the universe of small- and medium-sized firms and so-called…
Politics
US Supreme Court upholds TikTok ban, leaving app's fate to Trump
THE Supreme Court upheld on Friday (Jan 17) a law banning TikTok in the United States on national security grounds if its Chinese parent…
Politics
TikTok says it will go dark on Jan 19 in US without assurance from Biden
TIKTOK warned late Friday (Jan 17) it will go dark in the United States on Sunday unless President Joe Biden’s administration provides…
Politics
Oil gains for fourth-straight week on US sanctions
OIL prices closed lower on Friday (Jan 17) but strengthened for a fourth-consecutive week, as the latest US sanctions on Russian energy…
Politics
Dollar holds gains against yen, steadies ahead of Trump inauguration
THE dollar held gains against the yen on Friday (Jan 17), but ended the week lower after a six-week winning streak, as investors await…
Politics
Gold poised for third weekly gain as markets look to Trump inauguration
GOLD prices were pressured by an uptick in the US dollar on Friday (Jan 17), but remained on track for a weekly gain as uncertainties…
Business
Europe: Shares in longest weekly winning streak for almost five months
EUROPEAN shares ended on a positive note on Friday (Jan 17), benefiting from a broad-based rally which was fuelled by declining government…
Business
US: Stocks rally to close out strong week, await Trump policies
US STOCKS rallied on Friday (Jan 17) to close out a strong week on optimism over the health of the economy and path of interest rates as…
Politics
US Supreme Court upholds law banning TikTok
THE US Supreme Court ruled against TikTok on Friday (Jan 17) in its challenge to a federal law that would have required the popular…
Business
US: Wall St opens higher in countdown to Trump presidency
WALL Street’s main indexes opened higher on Friday (Jan 17), with the S&P 500 and the Dow looking set to log their biggest weekly gains…
Culture
Joan Plowright, award-winning 'Enchanted April' and 'Stalin' actor, dies at 95
Joan Plowright, the English actor whose decades-long career included an Oscar-nominated turn in “Enchanted April” and films “The…
Business
Singapore strong enough to withstand ‘collateral impact’ from US-China trade war, tariffs: HSBC
As a regional financial hub, the Republic’s fortunes are tied to Asean financial flows DESPITE the risk of the “collateral impact” from an…
Business
Goldman Sachs boosts CEO pay to US$39 million, lines up five more years at helm
Goldman Sachs raised CEO David Solomon’s compensation 26 per cent to US$39 million for last year, according to a filing, and its board…
Politics
Sembcorp inks MOUs with Odisha government to develop hydrogen plant, industrial park
Sembcorp Industries, through its subsidiaries Sembcorp Green Hydrogen India and Sembcorp Development, has on Friday (Jan 17) signed two…
Politics
EU steps up probe into Musk’s X with new demands
THE European Commission said on Friday (Jan 17) it was stepping up its investigation into whether Elon Musk’s social media network X…
Business
United Hampshire US Reit unit sells supermarket property for US$23.8 million
United Hampshire US Reit, through its indirectly wholly owned subsidiary UH US Albany 2019, has sold a supermarket property in the US…
Business
ValueMax issues 233,436 warrants at S$0.36 apiece
MAINBOARD-LISTED pawnbroking chain ValueMax Group issued 233,436 warrants at the exercise price of S$0.36 each on Friday (Jan 17). The…
Business
Former Sabana Reit director Charlie Chan, other unitholders requisition EGM; seeks to conduct ‘price discovery’ on assets
THE manager of Sabana Industrial Real Estate Investment Trust (Sabana Reit) has received a requisition notice for an extraordinary general…
Business
Former Sabana Reit director Charlie Chan, other unitholders requisition EGM; seek to conduct ‘price discovery’ on assets
THE manager of Sabana Industrial Real Estate Investment Trust (Sabana Reit) has received a requisition notice for an extraordinary general…
News
Indonesia expects EU to adjust palm oil biofuel stance after EU ruling
INDONESIA welcomed a ruling by the World Trade Organization (WTO) in a case against European Union on palm oil-based biodiesel, expecting…
Business
Australia’s gambling giant Star on the brink of collapse as cash runs out
AUSTRALIA’S biggest listed casino operator, Star Entertainment Group, once had it all. Its gaming licenses stretched out for centuries.…