Business
Wall Street’s booming June is big bet against economy doomsayers
Wall Street is throwing a summer party with markets just closing out their best cross-asset advance in more than a year on receding fears…
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Business
Business
OpenAI turns to Google's AI chips to power its products: source
OpenAI recently began renting Google’s artificial intelligence (AI) chips to power ChatGPT and its other products, a source close to the…
Business
DHL Express Canada reinstates service after workers ratify labor deal
DHL Express has restored all services in Canada and will resume full operations Monday after union workers represented by Unifor ratified…
Business
Wall Street Hits New Highs as Rate Cut Bets Rise Despite Trade Tensions
US stock markets showed positive movement on Friday. The S&P 500 added 32.05 points, or 0.52%, to end the session at 6,173.07, and the…
Business
Hong Kong-listed China Medical System seeks secondary listing on SGX
Hong Kong-listed China Medical System (CMS) is seeking a secondary listing on the mainboard of the Singapore Exchange (SGX) in July this…
Business
Hong Kong’s sixfold jump in share sales drives boom year in Asia
Hong Kong’s having a banner year as it marches towards becoming the second-largest market globally for share sales for the first time…
Business
Elon Musk says first Tesla drove itself from factory to customer
Tesla chief executive Elon Musk said a Tesla Model Y SUV drove itself from the company’s factory near Austin to a customer’s home in the…
Business
Meta seeks US$29 billion from private capital firms for AI data centres, FT reports
Meta Platforms is seeking to raise US$29 billion from private capital firms to build artificial intelligence (AI) data centres in the US,…
Business
Europe: Stocks rise as US-China trade tensions ease; auto stocks jump
European stocks closed at an over one-week high on Friday (Jun 27), fuelled by a rally in automakers, as investors took more risks on…
Business
US: S&P 500, Nasdaq hit record closing highs amid trade negotiations, rate cut bets
Wall Street extended its rally on Friday (Jun 27), sending S&P 500 and Nasdaq to all-time closing highs as trade deal hopes fuelled…
Business
MAS fines 5 payment firms S$960,000 for anti-money laundering lapses
The Monetary Authority of Singapore (MAS) has fined five major payment institutions a total of S$960,000 for breaches of its anti-money…
Business
Blue Dragon Series Awards 2025: Date, Time, Nominations, and Everything to Know
Blue Dragon Series Awards 2025 is almost here. The fourth annual star-studded ceremony will take place at the Paradise City, Incheon, on…
Business
OCBC trims 360 Account interest rates for the second time in 2025
OCBC will cut interest rates for its 360 Account, in line with lower interest rate expectations. With effect from Aug 1, the maximum…
Business
US: S&P 500, Nasdaq touch record highs after tame inflation data
The S&P 500 and the Nasdaq opened at record highs on Friday (Jun 27) as a benign inflation report supported hopes for a dovish policy…
Business
S-E Asia tech funding hits US$2 billion in H1 2025, yields unicorn in Sygnum: Tracxn
Digital asset group Sygnum has emerged as the sole new unicorn from South-east Asia in the first half of 2025, data platform Tracxn said…
Business
Sygnum is sole new unicorn from South-east Asia in H1 2025: Tracxn report
Digital asset group Sygnum has emerged as the sole new unicorn from South-east Asia in the first half of 2025, data platform Tracxn said…
Business
Sygnum is sole new unicorn from South-east Asia in H1 2025: report
Digital asset group Sygnum has emerged as the sole new unicorn from South-east Asia in the first half of 2025, data platform Tracxn said…
Business
The European Union’s Economic Double Standard with America Must End
The EU can’t have it both ways: relying on American technological leadership while building an entire policy framework around curbing it.…
Business
CCCS okays Tamarind Health’s proposed acquisition of TalkMed
The Competition and Consumer Commission of Singapore (CCCS) has cleared Tamarind Health’s proposed acquisition of tertiary healthcare…
Business
Contributor: AI isn't just standing by. It's doing things — without guardrails
Just two and a half years after OpenAI stunned the world with ChatGPT, AI is no longer only answering questions — it is taking actions. We…
Business
Swiss-American eye care firm Alcon launches expanded Tuas manufacturing facility
Alcon, a Swiss-American pharmaceutical and medical device company specialising in eye care products, opened its expanded manufacturing and…
Business
Mystery US$33 billion Chinese medicine fortune collapses in days
When Yat-Gai Au was worth US$33 billion on paper, he was not in his Hong Kong office. One week later, when his net worth plunged to…
Business
Singapore stocks track overnight Wall Street gains on Friday; STI up 0.7%
Local stocks tracked overnight Wall Street gains to end higher on Friday (Jun 27). The benchmark Straits Times Index (STI) rose 0.7 per…
Business
EXCLUSIVE: Lacoste Has a New CEO – and He Comes From Cognac
While it’s a tough moment for fashion, the sector still can siphon executive talent from other industries. WWD has learned that Éric…