Business
Shell says it isn’t in talks to take over oil rival BP
Speculation has been growing that the embattled company would become a takeover target Shell denied a Wall Street Journal report that it…
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Business
Business
Shell says it has no intention of making an offer for BP
Shell said it has no intention of making a takeover offer for BP, refuting an earlier report that two of Europe’s biggest companies were…
Business
Trump-backed crypto firm is planning stablecoin audit, new app
Zak Folkman, the co-founder of US President Donald Trump’s cryptocurrency platform World Liberty Financial (WLF), said on Wednesday (Jun…
Business
China’s Xiaomi to launch first SUV as shares near record high
The unveiling of Xiaomi’s first electric SUV on Thursday (Jun 26) will showcase how the Chinese tech company has become an investor…
Business
Xiaomi launches YU7, undercutting Tesla’s Model Y on price
Chinese EV and smartphone maker Xiaomi on Thursday (Jun 26) priced its new electric YU7 SUV from 253,500 yuan (S$45,102), almost 4 per…
Business
Partial offer for Cordlife lapses with Thai-listed Medeze obtaining less than 1% stake
An independent financial adviser had earlier deemed the offer unfair and unreasonable A partial offer for a 10 per cent stake in Cordlife…
Business
Banking on equality: The journey to build first women’s bank
In 2019, I joined a group of entrepreneurial women with one bold goal: to create the only bank in the country strategically built to close…
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…
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
Micron Technology forecast fourth-quarter revenue above Wall Street estimates on Wednesday (Jun 25), betting on robust demand for its…
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
The Hong Kong Monetary Authority (HKMA) purchased HK$9.4 billion (S$1.5 billion) of local currency. This came after the exchange rate…
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
‘Horizon 2’ Intimacy Coordinator Documented Rape Scene Complaint: ‘Protocols Were Abandoned’
The intimacy coordinator on “Horizon 2” wrote a two-page report documenting lapses in protocols during filming of an unscripted rape…
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
These 96 housing markets are seeing falling home prices
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClubnewsletter. National home prices…
Business
England Under-21s: Liverpool's Harvey Elliott proves he will be one of Europe's hottest properties this summer
Elliott made 18 league appearances under Arne Slot last season, but his only two starts came against Chelsea and Brighton, when Liverpool…