Business
Why Amazon’s <em>Wheel of Time</em> Failed
Instead of adapting the story as it is, the writers of the now-canceled show decided they had more important things to say. Source link
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Business
Business
Wall Street Slips as Iran-Israel Conflict Sparks Oil Rally and Market Jitters
Investor enthusiasm for stocks waned on Friday as geopolitical tensions resurfaced, driving all three major U.S. indexes into the red.…
Business
Trump said Nippon-US Steel deal has resolvable national security risk
US PRESIDENT Donald Trump said on Friday (Jun 13) that concerns over national security risks posed by Nippon Steel’s US$14.9 billion bid…
Business
Trump reports tens of millions in income from crypto ventures
PRESIDENT Donald Trump filed his first public financial disclosure report of his term on Friday (Jun 13), providing what he said was the…
Business
Meta's US$14.8 billion Scale AI deal latest test of AI partnerships
Facebook owner Meta’s US$14.8 billion investment in Scale AI and hiring of the data-labeling startup’s chief executive offiecer will test…
Business
Trump Media's registration for bitcoin treasury deal becomes effective
P Media and Technology Group said on Friday (Jun 13) that the US Securities and Exchange Commission has declared effective the…
Business
US: Stocks fall as investors pare risk on Middle East clash
Wall Street stocks finished sharply lower Friday (Jun 13) as Iran launched counterstrikes in response to an Israeli siege, leaving most…
Business
Europe: Shares tumble as Israel-Iran conflict escalates
EUROPEAN shares closed lower on Friday (Jun 13) as Israel’s wide-scale strike against Iran triggered a broad market selloff, with…
Business
Oil settles up 7% as Israel, Iran trade air strikes
Oil prices jumped on Friday (Jun 13) and settled 7 per cent higher as Israel and Iran traded air strikes, feeding investor worries that…
Business
Gold Prices Surge as Middle East Tensions Rise and Rate Cut Hopes Grow
Markets jittered on Friday as new tensions in the Middle East sent tremors through global finance. Investors fled to gold as a haven in a…
Business
Shein's planned Hong Kong listing to benefit from wider capital pool, analysts say
Shein’s planned listing in Hong Kong will help the online fast-fashion retailer avoid sharp investor scrutiny of its supply chains while…
Business
US: Wall St opens lower as Israel-Iran conflict hits risk appetite
Wall Street’s main indexes opened lower on Friday (Jun 13) after Israel’s deadly strike on Iranian nuclear facilities inflamed tensions in…
Business
Alibaba movie unit’s pivot, rebrand bring US$2 billion value gain
DAMAI Entertainment Holdings, formerly Alibaba Pictures Group, is shifting its focus from movies production to faster-growing…
Business
Thakral associate GemLife inks underwriting agreement for Australian IPO launching ‘very shortly’
The company holds an effective interest of 31.7 per cent in GemLife, a lifestyle resorts business in Australia Mainboard-listed Thakral…
Business
Hong Kong-listed ESR gets shareholders’ nod for privatisation
Shareholders of ESR Group on Friday (Jun 13) approved the scheme resolution proposed by a consortium of investors to acquire and privatise…
Business
Google Cloud and Digital Industry Singapore launch programme to spearhead AI development among companies
Digitally-mature companies keen on doing more in the area of artificial intelligence (AI) will now have the opportunity to tap a new…
Business
Maybank downgrades Thai retail sector on weak sales, consumption
Maybank Investment Bank has downgraded Thailand’s retail sector to “neutral” amid weak consumption and falling same store sales growth…
Business
Singapore shares fall on Friday amid Middle East tensions; STI down 0.3%
Dip mirrors loss in global equity markets on fears Israel’s strikes on Iran could stoke wider regional conflict Local stocks ended lower…
Business
Novo Nordisk overtakes SAP as Europe’s most valuable company
Novo Nordisk reclaimed its position as Europe’s most valuable public company, overtaking software developer SAP. Shares in the Danish…
Business
Chinese firms may join group seeking to buy Li Ka-shing’s ports: sources
China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li…
Business
Middle East tensions hit Asian and Asean markets; oil and gold prices spike
A wave of geopolitical panic swept across Asian markets on Friday (Jun 13), after Israel launched strikes on Iran’s nuclear and military…
Business
Asian Markets Sell Off as Middle East Tensions Spike and Oil Prices Surge
Asian traders woke to a nervous open on Friday after oil surged and Wall Street futures sank following reports that Israel had carried out…
Business
OCBC users hit by log-in, payment issues; services restored by 2.30 pm
More than 1,000 outage reports are lodged on tracking site Downdetector from around 11 am Customers of OCBC experienced difficulties…
Business
Pop Mart’s 200% stock rally spurs rush to hike price targets
— Street analysts are rushing to raise price targets on Pop Mart International Group following the success of its Labubu dolls. At least…