Business
Gold hits one-week high on safe-haven demand, Fed decision loom
Gold prices climbed to a one-week high on Tuesday (May 6) as rising concerns over US President Donald Trump’s tariff plans boosted…
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Business
CATL starts gauging interest for potential US$5 billion Hong Kong listing
The company is barrelling ahead with the offering in spite of the turbulent markets that have been whipsawing on the back of US President…
Business
IFA stands its ground on valuations in Sinarmas Land offer; says methods used ‘appropriate’ and in line with practice
W Capital Markets, which is advising Sinarmas Land’s independent directors on the Widjajas’ offer to privatise the company, insists its…
Business
Changi Airport Terminal 5 contracts worth S$4.75 billion awarded
Changi Airport Group (CAG) announced on Monday (May 5) that contracts of around S$4.75 billion in value for substructure and airside…
Business
Frasers Hospitality Trust H1 DPS falls 6% to S$0.010257 on higher finance costs
Frasers Hospitality Trust (FHT) on Tuesday (May 6) posted a 6 per cent drop in distribution per stapled security (DPS) to S$0.010257 for…
Business
Stocks to watch: Sinarmas Land, Frasers Hospitality Trust, Procurri Corp
The following companies saw new developments that may affect trading of their securities on Tuesday (May 6). Sinarmas Land: W Capital, the…
Business
The key to better banking customer journeys
The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share…
Business
Credit Suisse Pays $510 Million Fine for Helping Clients Evade Taxes
The toll for misconduct at the fallen Swiss bank Credit Suisse just keeps getting bigger. Federal prosecutors said on Monday that UBS,…
Business
Hong Kong sells record amount of currency to defend exchange peg
The recent rally in currencies of trade-dependent Asian economies is fuelling concerns among central bank policymakers Hong Kong…
Business
To realize AI’s potential in the workplace, do one thing
The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share…
Business
Citigroup CEO says most business clients can absorb 10% tariffs
Citigroup CEO Jane Fraser said on Monday most of the bank’s business clients could absorb US tariffs of 10 per cent on the nation’s…
Business
The first chapter of AI-driven bankruptcy
The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share…
Business
Europe: Stoxx 600 posts longest winning streak in nearly four years; focus on Fed, tariff updates
EUROPEAN shares extended their winning streak on Monday, with investors focusing on developments from the trade war alongside the US…
Business
OpenAI says its nonprofit will remain in control of its for-profit business
ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with…
Business
This old mine in rural Pennsylvania was used to power crypto—and then it shut down without a word
Just beyond a fenced-off access road in fields of tall grass on public land in Pennsylvania’s northwest sits a natural gas well pad that…
Business
World Snooker Championship 2025: Zhao Xintong claims historic victory over Mark Williams in Crucible final
Zhao Xintong made history as he became the first player from China to win the World Championship with an 18-12 victory over Mark Williams…
Business
Who is Greg Abel, Berkshire Hathaway’s new CEO who will succeed Warren Buffett?
Warren Buffett’s announcement Saturday that he would be retiring as CEO of Berkshire Hathaway came as a surprise to lots of people,…
Business
UnitedHealth’s Move to End Cyberattack Loan Lifeline Upsets Medical Providers
Two independent medical practices in Minnesota once hoped to expand operations but have spent the past year struggling to recover from the…
Business
You need to be financially secure already to even contemplate a side hustle, research shows
Is a side hustle really the only thing separating you from the life you desire? Listening to some influencers on social media could…
Business
Scott Bessent Urges Investors to Bet on Trump’s Economic Plan
Treasury Secretary Scott Bessent urged skittish global business leaders on Monday to ignore President Trump’s economic naysayers and ramp…
Business
Why Warren Buffett’s Departure from Berkshire Hathaway Matters
It was closing in on 1 p.m. here when Warren Buffett, seated onstage before a rapt audience of about 40,000 at the CHI Health Center, said…
Business
Saudi Arabia reports first-quarter deficit of US$15.65 billion
Declining oil prices and voluntary production cuts have weighed on Saudi revenue in recent years Saudi Arabia’s deficit widened…
Business
Gen Z and Millennials Are Redefining What Items Are ‘Necessities’ Amidst Economic Uncertainty
A cost-of-living crisis is hardly new territory for Millennial and Gen Z Americans as a new cloud of uncertainty hangs over the state of…
Business
Tyson Foods beats quarterly profit estimates on strong chicken demand
The company witnessed sustained demand for its frozen meat and ready-to-eat food as consumers increasingly preferred eating at home Tyson…