Business
US Federal Reserve releases plan to relax key bank capital rule
The US Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more…
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Business
Business
SingPost pays ex-CEO Phang S$616,400 for FY2025 as it pursues automation, leadership reset
Former Singapore Post (SingPost) group chief executive Vincent Phang, who was dismissed over the mishandling of a whistleblower complaint,…
Business
Assisted living in Singapore: Companies face steep costs, but innovation is still possible
Assisted living facilities – which enable elderly folk to live semi-independently with elderly-friendly amenities and care services – are…
Business
SingPost halves sacked CEO Vincent Phang's pay to S$616,400
Former Singapore Post (SingPost) group chief executive Vincent Phang, who was dismissed over the mishandling of a whistleblower complaint,…
Business
Micron forecasts revenue above estimates on AI-driven memory chip demand
The company expects an adjusted gross margin of about 42%, plus or minus 1%. Micron Technology forecast fourth-quarter revenue above Wall…
Business
Billionaire Richard Li’s FWD Group seeks to raise HK$3.47 billion in Hong Kong IPO
RER FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion (S$565.3 million) through a Hong Kong initial public…
Business
Tech lobby group urges EU leaders to pause AI Act
Tech lobbying group CCIA Europe, whose members include Alphabet, Meta and Apple, on Thursday urged European Union to pause implementation…
Business
Hong Kong intervenes to defend FX peg as local currency drops
In addition to pushing the currency back into its permitted trading range, the move will also make bearish bets more costly Hong Kong’s de…
Business
Oil rebounds on signs of strong US demand
Oil prices rose nearly 1 per cent on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong US demand,…
Business
Europe: Shares sag as investors weigh Iran-Israel ceasefire
A RALLY in European stocks hit a roadblock as investors weighed the fragility of the Israel-Iran ceasefire, with attention quickly…
Business
US Federal Reserve’s Powell says tariff-driven inflation remains a big question
US Federal Reserve chair Jerome Powell on Wednesday (Jun 25) said the US central bank is still struggling to determine the impact of…
Business
US: Nvidia at new record as stocks end mixed
Wall Street stocks finished mixed on Wednesday as markets weighed lingering worries over Iran, while Nvidia surged to a fresh record amid…
Business
HSBC sees ‘huge opportunities’ for Singapore businesses in India’s fast-changing economy
Companies based in Singapore are well-positioned to seize “huge opportunities” in India’s rapidly evolving economy, said two senior HSBC…
Business
Why Hawkfest Is More Than Just Another Marketing Conference
Hawkfest is coming, and I couldn’t be more excited about what we’ve put together this year. As someone who’s attended countless marketing…
Business
DHL Express Canada, striking workers tentatively agree on labor deal
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Business
OpenAI Developing Productivity Suite to Compete with Microsoft and Google in AI Workspace Battle
Generative AI pioneer OpenAI is heating up the productivity suite race by reportedly building a 'productivity' platform to rival Microsoft…
Business
Wall Street Surges Over 1% as Ceasefire Hopes Swell After Fed Signals
The U.S. stocks rose more than 1% on Tuesday, lifted by hopes of a ceasefire between Israel and Iran and clarity from Fed Chair Jerome…
Business
US: S&P 500, Nasdaq approach record high as Middle East tensions ease
Wall Street’s S&P 500 and Nasdaq indexes rose on Wednesday (Jun 25), hovering near a record peak, as a ceasefire between Israel and Iran…
Business
Grab to pause changes to driver incentive scheme following backlash
Ride-hailing service Grab will pause planned changes to its driver incentive scheme, following a backlash about the impact on drivers’…
Business
Banks critical to help companies in more protectionist global economic order: Gan Kim Yong
Banks play a critical role in helping companies as they adapt to a more protectionist global economic order, said Deputy Prime Minister…
Business
Keppel partners AIIB for up to US$1.5 billion in Asia-Pacific green infrastructure deals
Asset manager Keppel has partnered Asian Infrastructure Investment Bank (AIIB) to facilitate up to US$1.5 billion worth of sustainable…
Business
TSMC unit to issue US$10 billion of stock to counter forex swings
The moves grant TSMC Global more capital flexibility in managing exchange rate risks Taiwan Semiconductor Manufacturing Co’s overseas unit…
Business
From Raw Data to Intelligent Ecosystems: How Bhagya Laxmi Vangala Is Building the Future of AI-Driven Enterprise Architecture
In today's data-fueled economy, information is not just an assetit's a living system. Enterprises must now manage massive, fast-moving…
Business
Sembcorp unit’s acquisition of 49 MW Vietnam hydropower asset delayed
The company will take ‘regulatory uncertainties’ into account for new investments in the country The acquisition of a 49-megawatt (MW)…