Business
US: Wall Street opens slightly lower as China trade uncertainty lingers
Wall Street’s main indexes opened lower on Friday (Apr 25) as investors sifted through conflicting comments from US President Donald Trump…
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Business
Business
Universal Music Group’s $775 Million Acquisition of Downtown to Be Scrutinized by European Regulators
After months of outcry from independent-music trade organizations, European regulators are officially preparing to investigate Universal…
Business
Tencent Music in talks to buy Ximalaya for US$2.4 billion
Tencent Music Entertainment Group is in advanced talks to buy Chinese podcasting startup Ximalaya in a US$2.4 billion deal that would…
Business
How to Talk to Your Children About Money in These Uncertain Times
Stock market gyrations. Inflation. Layoffs of federal workers. A possible recession. Children may overhear their parents talking about…
Business
Facing the Trump Tariffs, Markets Are Bracing for an Economic Storm
It is in a president’s interest to ensure that the economy and the stock market are strong. Yet the Trump administration has been doing…
Business
Toyota chairman proposes record buyout of its supplier at US$42 billion valuation
Toyota Motor chairman Akio Toyoda has proposed a buyout of supplier Toyota Industries, people familiar with the matter said, seeking to…
Business
China’s Didi recruits ride-hailing drivers in Hong Kong push
China’s Didi Global is quietly recruiting new drivers in Hong Kong as it looks to grow outside of mainland China. The move sets the…
Business
iFast Q1 net profit rises 31.2% to S$19 million on continued growth in UK bank, wealth management platform business
Digital bank and wealth management platform iFast said its net profit rose 31.2 per cent year on year to S$19 million for the first…
Business
Energy price cap: Gas and electricity prices predicted to fall in July
Domestic energy prices are forecast to fall in July, reversing three consecutive increases in regulator Ofgem's price cap. The annual bill…
Business
Will Cars, Phones and Other Goods Be Too Big to Tariff?
A dovish shift Stocks are on a three-day winning streak as investors cheer cooling trade-war tensions. Another boost has come from the Fed…
Business
Dubai is opening an influencer academy—and they’ll pay you to join
Dubai, the go-to destination for influencers, is now doubling down on its biggest market with the launch of its very own “influencer…
Business
BYD first-quarter profit soars, beating Tesla on another metric
BYD’s net income in the first quarter jumped to 9.15 billion yuan (S$1.7 billion), overtaking Tesla on another key metric and signalling a…
Business
Here’s how top chief product officers are getting AI right
The AI revolution is redefining business and tech leadership—and no one is standing more squarely on the front lines than product leaders.…
Business
Seatrium chief financial officer resigns, to be replaced by strategy EVP
Current CFO Adrian Teng is leaving to pursue personal interests, with Stephen Lu taking up the role Seatrium has appointed Stephen Lu, its…
Business
Singapore shares close lower on Friday; STI slides 0.2%
Across the broader market, gainers outnumber decliners 309 to 208, as 1.4 billion securities worth S$1.53 billion change hands Stocks on…
Business
Water bosses could now face jail for cover-ups
Law-breaking water company executives face tougher punishments, including possible prison sentences, under new powers that have come into…
Business
Whiskey Fraud Strikes Britain and Ireland
There are some 48,000 barrels of Scotch whisky quietly aging in Martin Armstrong’s warehouses in southwestern Scotland. Last year, 17 of…
Business
Samsung to invest US$117 million in southern Indian facility
South Korea’s Samsung Electronics will invest US$117.09 million in its facility in southern India, a minister said on Friday (Apr 25),…
Business
Markets Rise on Hints of Easing Trade Tensions
Markets rose on Friday, setting the stage for their fourth straight positive day, as investors continued to look for signs of easing trade…
Business
Sebastián Lelio, Lukas Dhont, Eliza Hittman, Kornél Mundruczó and Jasmila Žbanić to Pitch Projects at Cannes’ Investors Circle
10 directors from eight countries are set to pitch their latest projects in development to a select group of VIP private investors in…
Business
UK retail sales: Clothing and DIY boosted by sunny weather
Retail sales rose for the third month in a row in March as warmer weather helped boost demand for items such as clothing and DIY goods.…
Business
China’s Baidu says its Kunlun chip cluster can train DeepSeek-like models
[BEIJING/SHANGHAI] China’s Baidu has successfully “illuminated” a cluster comprising 30,000 of its self-developed, third-generation P800…
Business
Suntec Reit sees subdued retail sales, expects office, retail tenants to hold off expansion plans
Office and retail tenants are expected to hold off on their expansion plans amid uncertainty over the impact of US tariffs, said the…
Business
Seven & i’s new CEO aims aggressive investments in US stores
Seven & i Holdings’ new chief executive officer plans to boost investments in its US stores using cash from a planned listing of its…