Business
Julius Baer faces US$156 million loan loss charge
Julius Baer Group said it’s booking another large loss from property developments it helped finance, just as the Swiss wealth manager is…
Swedan Margen
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Business
Singapore’s ultra-rich among wealthy Asians snapping up property in Dubai
Property cooling measures may have dampened housing demand here, but Singapore’s ultra-rich are among high net-worth individuals (HNWI)…
News
South Africa's leader aims to salvage relationship with Trump in White House visit
U.S. President Trump will host South Africa's leader at the White House on Wednesday for a meeting that might be tense after Trump accused…
News
China threatens enforcers of US’s Huawei curbs with legal action
A said it could take legal action against anyone enforcing US restrictions on using Huawei Technologies’ artificial intelligence (AI)…
Business
CGSI flags global expansion potential for Pop Mart, maker of Labubu toys; initiates coverage
[Hong Kong] CGS International (CGSI) has initiated coverage on Pop Mart’s stock with an “add” rating, citing the group’s transformation…
Business
Nvidia CEO praises Trump move to scrap some AI export curbs
US export controls on artificial intelligence (AI) chips to China were “a failure” as they have cost American companies billions of US…
Business
Toyota takes all-hybrid plunge with its best-selling US vehicle
Toyota Motor is scrapping the petrol-powered version of its best-selling vehicle in the US as the Japanese carmaker doubles down on its…
News
DOJ opens criminal investigation of former New York Gov. Andrew Cuomo, AP source says
The Justice Department has opened a criminal investigation into former New York Gov. Andrew Cuomo after congressional Republicans…
News
Judge slams Supreme Court for 'disrespect' to Trump
A federal appeals court judge unloaded on his superiors at the Supreme Court on Tuesday, saying they bent over backwards to assist…
Business
Vietnam approves establishment of Sun PhuQuoc Airways
Vietnam’s Prime Minister, Pham Minh Chinh, has approved the establishment of a new airline, Sun PhuQuoc Airways, the official Vietnam News…
Fashion
WhatsApp had no plans to vie with Facebook, co-founder says
WhatsApp co-founder Brian Acton said that his messaging company had no plans to build social networking features to compete with Facebook…
Business
PwC launches AI hub in Singapore with over US$4 million commitment
PwC launched an artificial intelligence (AI) hub in Singapore on Wednesday (May 21), committing more than US$4 million over a three-year…
News
Fed officials expect tariffs to boost prices; White House downplays risk
Federal Reserve officials said on Tuesday (May 20) that higher prices are coming on the back of rising US import tariffs and counselled…
Business
US sets the stage for duties on battery materials from China
The US Commerce Department set the stage for anti-subsidy duties on imports of key battery components from China, after concluding…
News
Resentment of ICE, backlash against its agents and mission rise alongside Democrats' condemnations
Democrats have ramped up their anti-ICE rhetoric, and some Americans seem to be taking their words to heart and taking matters into their…
Business
Tesla on track to launch robotaxi trial in Austin, Texas, by June end, Musk says
Tesla is set to begin a test of its long-promised robotaxi service on schedule in Austin, Texas, by the end of June, chief executive Elon…
Culture
The Making of “Rust” Was a Tragedy. Its Final Form Is a Missed Opportunity
Some movies eventually become inseparable from the stories of their production. Alfred Hitchcock’s “The Birds” and “Marnie” are now…
News
Senate passes 'no tax on tips' bill by unanimous consent, pushed by Nevada Democrat
The Senate on Tuesday stumbled into quiet passage of a bill to fulfill President Trump's campaign pledge of "no tax on tips." Source link
Business
Chanel profit tumbles as luxury industry downturn hits sales
Chanel profit plunged last year as the closely held company splurged on expanding its retail network and marketing to remain visible amid…
News
Trump Is Right to Lose Patience with the ‘SALT Caucus’
The state and local tax deduction is a bad policy, and the blue-state Republicans don’t have as much leverage as they think. Source link
News
U.S. immigration authorities appear to have begun deporting migrants to South Sudan, attorneys say
The Trump administration appears to have begun deporting people from Myanmar and Vietnam to South Sudan despite a court order restricting…
News
U.S. business owners are confused about Venezuelan employees with temporary status
As a business owner in the largest Venezuelan community in the United States, Wilmer Escaray is stressed and in shock. He is unsure what…
News
Oil prices little changed on geopolitical uncertainty, weak China demand signals
Oil prices were little changed on Tuesday (May 20) due to uncertainty in US-Iran negotiations and Russia-Ukraine peace talks, while new…
News
Karoline Leavitt put through her paces when children take over the White House briefing room
The White House press corps looked and sounded a little younger in the press briefing room on Tuesday as journalists and staffers were…