Business
Tesla shares plunge below Lutnick’s ‘never this cheap’ level
Tesla’s stock extended losses on Monday (Apr 7), dropping below a price at which Commerce Secretary Howard Lutnick predicted they’d never…
Section
Business
Business
Stagecoach Festival to Be Livestreamed by Amazon Music, With Immediate Rebroadcasts
Amazon Music has reupped with Stagecoach as the exclusive livestream partner for the sold-out 2025 edition of the California country music…
Business
US: Wall St opens sharply lower, S&P 500 nears bear market territory
Wall Street’s main indexes opened sharply lower on Monday (Apr 7), with the S&P 500 on track to confirm bear market territory, as…
Business
Exxon CEO Woods compensation rose 19% in 2024
Woods’ pay package is about 231 times the average compensation of US$190,266 received by the oil major’s workers ExxonMobil CEO Darren…
Business
Investors seek refuge in US dollar, yen as tariff fallout grips markets
INVESTORS poured into safe havens such as the greenback, yen and Swiss franc on Monday (Apr 7), as the market rout from US President…
Business
Is the world heading into recession?
US President Donald Trump's tariffs have ignited wildfires across global stock markets, but does that mean we are heading for a recession?…
Business
Thakral clarifies IPO rumours on associate GemLife; says ‘no certainty’ that any transaction will proceed
Thakral Corp clarified rumours that its associate GemLife, a resort-living developer in Australia, is gearing up for an initial public…
Business
Tariffs continue to pummel Asian markets on Monday; Hong Kong sheds 13.2%
The sell-off following US President Donald Trump’s sweeping tariff announcement last Wednesday continued to roil Asian markets on Monday…
Business
Tariff worries continue to pummel Asian markets on Monday; Hong Kong sheds 13.2%
The sell-off following US President Donald Trump’s sweeping tariff announcement last Wednesday continued to roil Asian markets on Monday…
Business
Trustee-manager of Dasin Retail Trust declares notice of upcoming EGM is ‘invalid’; any resolutions passed will be void
The trustee-manager of Dasin Retail Trust has declared an upcoming extraordinary general meeting (EGM) called by several dissenting…
Business
TCFSWIM Week: Bringing You the Best in Plus Size Swimwear!
It’s that time of year again—TCFSWIM Week is here! And we are diving deep into the world of plus size swimwear. Whether you’re looking for…
Business
Singapore shares close lower on Monday; STI tumbles 7.5%
Across the broader market, decliners outnumber advancers 612 to 137, with 2.7 billion shares worth S$4.2 billion changing hands All 30…
Business
Why should I care if share prices fall?
Kevin Peachey Cost of living correspondent The sweeping new tariffs announced by President Donald Trump have triggered ructions across…
Business
Credit gauges in Asia show most concern since early pandemic
Credit-default swaps in Asia blew out the most since the worsening of the Covid-19 pandemic in 2020, as a rout in risk assets deepened…
Business
Microsoft venture Wicresoft to halt China operations, cutting 2,000 jobs: report
The move is in line with Microsoft’s decision to stop outsourcing after-sales support in China to Wicresoft Microsoft’s joint venture…
Business
F1 legend Sir Jackie Stewart: 'My wife lives in a new world'
Nikki Fox BBC health correspondent, East of England Sir Jackie says dementia is something no family member should ever experience Motor…
Business
Hong Kong stocks end 13.22% down, worst since 1997 Asian financial crisis
Shares in Hong Kong plummeted more than 13 per cent Monday (Apr 7) on their worst day in almost three decades as China’s retaliation…
Business
China sovereign fund Huijin buying domestic stocks as market slumps
China’s sovereign fund Central Huijin Investment said on Monday (Apr 7) it is increasing holdings in China stocks and will defend market…
Business
European shares plummet to 16-month low on trade war gloom
[berlin] European shares plunged to a 16-month low on Monday (Apr 7) as investors grappled with the possibility of a recession after US…
Business
Bank Indonesia intervenes in offshore rupiah ahead of reopening
It will aggressively intervene in the onshore markets too when they reopen on Tuesday Bank Indonesia intervened in the offshore rupiah…
Business
Japan's Nikkei sinks to 1½-year low as bank shares tumble
Japan’s Nikkei share average slumped on Monday (Apr 7) to the lowest level in 1½ years, with the index of Japanese bank stocks diving more…
Business
Australian shares drop 4% in worst session since pandemic on Trump tariff shock
Australian shares plunged on Monday (Apr 7), in their worst session since the pandemic began, as sweeping US tariffs under President…
Business
Singapore banks lose over S$37 billion in market value as tariff sell-off continues
Shares of Singapore’s three local banks continued to slide on Monday (Apr 7), weighed down by a broader market sell-off triggered by…
Business
Lloyds accused of failing small firms as it reduced its lending
Lloyds Bank business customers and whistleblowers have accused it of failing small firms as it tried to reduce lending after the financial…