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,…
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Business
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…
Business
BeReal is back. Can it stick around this time?
Is it time to BeReal again? In 2022, the photo-sharing app surged in popularity, won Apple’s “App of the Year,” and even earned its own…
Business
U.S. stocks near all-time high as oil stabilizes
U.S. stocks are hanging near their all-time high on Wednesday as financial markets catch a breath following two big days bolstered by…
Business
Christian Norgaard: Arsenal agree deal for Brentford captain amid Thomas Partey uncertainty
Arsenal have agreed a deal with Brentford to sign midfielder Christian Norgaard. Sources have indicated the Gunners have been discussing a…
Business
Bumble shares soar after dating app announces major job cuts
Bumble is cutting a third of its workforce, the latest sign that all is not well in the business of online dating. The company informed…
Business
Trump considers candidates to replace Federal Reserve Chair Powell
President Trump on Wednesday said he has a handful of people in mind to replace Federal Reserve Chairman Jerome Powell, who has resisted…
Business
U.S. strikes on Iran’s nuclear program have unleashed cyberattacks on American banks and the oil industry
Hackers backing Tehran have targeted U.S. banks, defense contractors and oil industry companies following American strikes on Iranian…
Business
Fraudster jailed for selling fake 'Scottish-grown tea'
Paul Ward and Steven Godden BBC Scotland News A fraudster who tricked luxury hotels and stores into buying "Scottish-grown tea" that was…
Business
OpenAI Developing Productivity Suite to Compete with Microsoft and Google in AI Workspace Battle
Generative AI pioneer OpenAI is heating up the productivity suite race by reportedly building a 'productivity' platform to rival Microsoft…
Business
US: S&P 500, Nasdaq approach record high as Middle East tensions ease
Wall Street’s S&P 500 and Nasdaq indexes rose on Wednesday (Jun 25), hovering near a record peak, as a ceasefire between Israel and Iran…
Business
Isar Aerospace raises €150mn to strengthen Europe’s launch capabilities
Europe’s best-funded space tech firm, Isar Aerospace, plans to strengthen the continent’s access to orbital satellites after raising…