Business
Stocks to watch: OCBC, Amara, Valuetronics
The following companies saw new developments that may affect trading of their securities on Wednesday (May 28). OCBC: The bank announced…
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Business
Business
Valuetronics posts 3.1% higher H2 profit of HK$79.9 million
Electronics manufacturing services provider Valuetronics on Wednesday (May 28) posted net profit of HK$79.9 million (S$13.1 million), up…
Business
Salesforce to buy Informatica for US$8 billion to bolster AI data tools
Salesforce said on Tuesday (May 27) it would buy Informatica for about US$8 billion, betting on the data management platform to sharpen…
Business
GM to invest US$888 million for engine production at New York facility
General Motors is investing US$888 million at a New York propulsion plant to increase engine production and build a next-generation V8,…
Business
Toyota sends first half of US$500 million pledge to air taxi maker
Joby says recently it now aims to start commercial services in Dubai by early 2026 after having previously targeted the end of this year…
Business
TSMC to open chip design centre in Munich, could later support AI development
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, said on Tuesday (May 27) it will open a design…
Business
Drawing secondary listings to SGX may not move the needle much, but every little bit helps
AMONG the recent slew of proposals unveiled to boost the attractiveness of the local bourse to investors and companies was one relating to…
Business
Apple to debut dedicated gaming app within days of Switch 2’s arrival
Apple is planning a dedicated app for video games on its devices, seeking to sell gamers and developers on the idea that it’s a leader in…
Business
Oil prices ease as US-Iran talks, Opec+ plans spur supply concerns
Oil prices settled 1 per cent lower on Tuesday as investors worried about a supply glut after Iranian and US delegations made progress in…
Business
US: Stocks jump on easing tariff worries, lower bond yields
Wall Street stocks jumped on Tuesday after President Donald Trump pushed back tariffs on Europe while US Treasury bond yields retreated…
Business
MAS proposes to remove some exemptions from advertisement regulations to better protect consumers
The Monetary Authority of Singapore (MAS) is proposing to amend financial advertisement requirements in a bid to boost protection for…
Business
RFK Jr. Threatens Wild Ban on How NIH Scientists Can Share Work
Robert F. Kennedy Jr. doesn’t want government scientists to publish their work in the world’s leading medical journals. In the Ultimate…
Business
Hudson’s Bay Signs Lease Deal With Chinese Billionaire
Hudson’s Bay has entered into a definitive agreement to sell up to 28 leases in Ontario, Alberta and British Columbia to Ruby Liu…
Business
Salesforce to acquire Informatica for $8 billion in latest AI push
Software company Salesforce said Tuesday it’s buying Informatica, which provides businesses with artificial-intelligence-powered data…
Business
Nantucket Jeweler and Marissa Collections Face Legal Fight After Potential Deal Dissolves
A Nantucket jewelry designer and store owner is seeking a jury trial against Marissa Collections, a Palm Beach-based retail operation,…
Business
Trump Corruption Hits Next Level With Pardon Tied to $1 Million Dinner
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…
Business
Trump Media Ramps Up Crypto Shadiness With Bitcoin Plans
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…
Business
Dr. Martens Names Former Nike Exec Paul Zadoff as President of Americas Region
Dr. Martens has named former Nike executive Paul Zadoff as its new president of the Americas as the UK-based footwear company looks to…
Business
Independent financial adviser deems Amara’s takeover offer at S$0.895 a share ‘fair and reasonable’
The independent financial adviser (IFA) appointed for the takeover bid for hotel group Amara has deemed the offer at S$0.895 a share to be…
Business
Trump Escalates War on Harvard With Final Massive Blow to Funding
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…
Business
Tesla Sales Tank as Elon Musk Hate Ramps Up
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…
Business
US: Wall St opens higher after long weekend on Trump's trade reprieve
Wall Street opened higher on Tuesday (May 27) after US President Donald Trump dialled back his threat of tariffs on EU imports, defusing…
Business
Pete Hegseth Hit With Stunning Illegal Wiretap Allegations
“It’s kind of a fund-raiser” for Mr. Trump, Korean crypto executive Sangrok Oh and another dinner attendee, told the Times. “And he’ll…
Business
Saudi Aramco kicks off its first dollar bond sale this year
The world’s biggest oil exporter is selling bonds with five, 10 and 30-year maturities Saudi Aramco started the sale of dollar-denominated…