Business
WPP Chief Mark Read Will Exit as Ad Industry Grapples With Massive Changes
British advertising giant WPP is hunting for a new CEO after the company announced early Monday morning that its current leader, company…
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Business
Business
How to get the most out of Google’s free AI Studio
This article is republished with permission from Wonder Tools, a newsletter that helps you discover the most useful sites and apps.…
Business
Singapore stocks close Monday higher ahead of US-China talks; STI up 0.1%
Local stocks rose on Monday (Jun 9), in line with gains in Asian markets on hopes that a fresh round of US-China trade talks will ease…
Business
Xbox finally reveals handheld console after decade of speculation
Tom Gerken Technology reporter Microsoft has finally revealed its highly-anticipated handheld console, years after it was first rumoured.…
Business
Qualcomm strengthens AI portfolio with US$2.4 billion Alphawave deal
US chipmaker Qualcomm agreed to acquire Alphawave for about US$2.4 billion on Monday (Jun 9), as part of efforts to strengthen its AI…
Business
Uber is launching a new Creative Studio for brands
Everyday, Uber books more than 30 million rides around the world. Each of these trips tells the company something about its customers.…
Business
DBS tops US$100 billion market value in Singapore Exchange first
DBS Group Holdings became the first listed company in Singapore to top US$100 billion in market value, helped by a softer US currency that…
Business
Banks want staff back at the office. There aren’t enough desks
Five years after the Covid pandemic fuelled an unprecedented boom in remote work, bank executives have become ever more vocal in their…
Business
Xiaohongshu joins wave of Chinese firms releasing open-source AI models
Xiaohongshu, also known as Rednote, one of the country’s most popular social media platforms, has released an open-source large language…
Business
NHS calls for 200,000 new blood donors as supplies run low
The NHS has warned that it continues to face a "challenging" blood shortage as it calls for 200,000 new donors to come forward. Concern…
Business
Hong Kong to maintain US dollar peg despite geopolitical tensions
Hong Kong will maintain its currency peg to the US dollar, the financial hub’s leader said in an interview published on Monday (Jun 9),…
Business
L’Oréal Is Acquiring Medik8 Skin Care Brand
PARIS – L’Oréal is digging deeper into luxury skin care, taking a majority stake in Medik8. The news, announced Monday morning, confirms a…
Business
Bank of England risks repeat of Brexit pessimism as growth signals diverge
Bank of England (BOE) rate-setters risk underestimating the strength of the UK economy by placing too much faith in downbeat business…
Business
Atome to get US$75 million from Lending Ark as credit demand grows
As traditional credit markets in the US and Europe falter, private credit investors are turning their attention to emerging markets, drawn…
Business
Nomura to shut branch in China as it scales back wealth business
The closure comes four years after Nomura announced the opening of the office in late 2021, when it was pushing to expand in areas that…
Business
Farfetch Pushes Into South Korea, One of the World’s Biggest Luxury Markets
LONDON— Farfetch is pushing into South Korea, one of the world’s hottest luxury markets, through an integration with the R.Lux app,…
Business
J Balvin’s Vision Comes Into Focus With Eyewear Brand, Nrgy
J Balvin is bringing energy to eyewear. The global musician is adding eyewear design to his list of talents, which currently goes beyond…
Business
Oil prices hold gains ahead of US-China trade talks
Inflation data from China on Monday morning will give a reading of domestic demand in the world’s largest crude importer Oil prices held…
Business
MoneyHero expands into digital assets in partnership with OSL
This is to satisfy Hong Kong’s growing interest in digital assets and increasing demand for diversified financial solutions MoneyHero…
Business
Income Insurance chairman Ronald Ong to retire from role after seven years at helm
Income Insurance chairman Ronald Ong, 69, will retire from his role after seven years at the helm, the company announced on Monday (Jun…
Business
Asia: Markets rally ahead of latest China-US trade talks
Stocks rallied on Monday (Jun 9) on hopes that a fresh round of China-US trade talks later in the day will ease tensions between the…
Business
‘Most unloved bonds’ turn routine US auction into crucial test
Global investor pushback against long-term government debt is turning what normally would be a routine US bond auction into one of the…
Business
Gold falls on strong US jobs data and improved trade outlook
Gold prices fell on Monday (Jun 9) as a stronger-than-expected US jobs report cooled expectations of interest rate cuts from the Federal…
Business
CapitaLand Investment expands fund with Japan asset acquisition at 30 billion yen
CapitaLand Investment (CLI) on Monday (Jun 9) announced that it secured additional capital commitments from new and existing institutional…