Business
Gold tops one-month high as Middle East tensions spur safe-haven demand
GOLD prices climbed on Friday to their highest point in more than a month, on track for a weekly gain, as investors sought safe-haven…
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Business
Business
Unagi specialist Man Man’s Singapore operator sinks into red less than a year after listing
Japanese food and beverage (F&B) operator Food Innovators Holdings (FIH) posted a net loss of S$4.1 million for FY2025 ended Feb 28, in a…
Business
Oil soars more than 9% after Israel strikes Iran, rattling investors
OIL prices surged more than 9 per cent on Friday, hitting their highest in almost five months after Israel struck Iran, dramatically…
Business
Jetstar Asia shutdown: Income Insurance extends ‘goodwill’ coverage outside of ticket expenses
Income Insurance said on Thursday (Jun 12) that it will offer coverage to eligible customers affected by Jetstar Asia’s upcoming shutdown,…
Business
Meta finalises investment in Scale AI, valuing startup at US$29 billion
META Platforms has finalised an investment in Scale AI that values the startup at over US$29 billion, Scale AI said on Thursday. Two…
Business
Stocks to watch: SIA, Boustead, Ban Leong
The following companies saw new developments that may affect trading of their securities on Friday (Jun 13). Singapore Airlines (SIA): An…
Business
AMD unveils AI server as OpenAI taps its newest chips
Advanced Micro Devices CEO Lisa Su on Thursday unveiled a new artificial intelligence server for 2026 that aims to challenge Nvidia’s…
Business
Global EV sales rise in May as China hits 2025 peak: Rho Motion
GLOBAL sales of electric and plug-in hybrid vehicles rose 24 per cent in May compared with the same period a year ago, as strength in…
Business
Google says it has resolved global service outage impacting multiple platforms
ABET’S Google said on Thursday it had resolved a brief global service disruption on its platforms that affected multiple services such as…
Business
AI toys and games? Barbie maker Mattel teams up with OpenAI to create new products
Your next toy or game may be able to converse with you. Mattel, the El Segundo toy maker behind Barbie and Hot Wheels, said Thursday that…
Business
Oil settles lower as traders gauge Middle East tensions
Oil prices settled slightly lower on Thursday as traders booked profits from a 4 per cent rally in the prior session, driven by concerns…
Business
US stocks close higher as bond yields retreat
Wall Street stocks finished higher on Thursday following a choppy session as markets weighed worries about US trade tariffs with benign…
Business
US stocks close higher as bond yields retreat
Wall Street stocks finished higher on Thursday following a choppy session as markets weighed worries about US trade tariffs with benign…
Business
The Biggest Counterfeit Sneaker Busts of All Time
Whether people buy them knowingly or unwittingly, counterfeit sneakers constitute a massive global industry. In 2023, total revenue for…
Business
Temasek joins Microsoft, BlackRock and MGX to develop AI infrastructure
Temasek’s participation comes after the Kuwait Investment Authority joined earlier in June Temasek has joined a consortium backed by…
Business
US: Wall St opens lower as Middle East tensions rise
Wall Street’s main indexes opened lower on Thursday (Jun 12) as signs of rising tensions in the Middle East hurt risk sentiment and…
Business
Boustead Singapore reviews assets for potential sale to Reit for listing
No certainty that any transaction will materialise as a result of this process, says the engineering and technology group Boustead…
Business
DBS raises target price for Sheng Siong on steady earnings growth, margin superiority
DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and…
Business
Mattel taps OpenAI to help it design toys, other products
Mattel, the maker of Barbie dolls and Hot Wheels cars, has signed a deal with OpenAI to use its artificial intelligence tools to design…
Business
Damage is done: China exports to US in May crash most since Covid as trade flows reroute to Asean
While the US and China seemed to have avoided a devastating economic conflict with a framework agreement on Wednesday (Jun 11) after two…
Business
Damage is done: China exports to US in May see biggest drop since Covid as trade flows reroute to Asean
While the US and China seemed to have avoided a devastating economic conflict with a framework agreement on Wednesday (Jun 11) after two…
Business
Investor rush for India exposure revs up block deals, IPOs
India’s market for share sales is warming up after several dull months, as companies and shareholders cash in on a buoyant stock market.…
Business
Singapore shares rise as trade tensions between China and US ease; STI up 0.1%
Across the broader market, gainers beat losers 252 to 236 as 1.3 billion securities worth S$1.2 billion change hands Singapore stocks rose…
Business
Deutsche Bank's deal-making business weaker than expected, CEO says
He says deals will be delayed, not cancelled, on the back of the US’ tariff policies Deutsche Bank’s origination and advisory business is…