Culture
SingPost raises standard domestic mail rates by S$0.10
The new prices are S$0.62 for standard regular mail and S$0.90 for standard large mail [SINGAPORE] On Tuesday (Dec 9), Singapore Post (SingPost) announced a S$0.10 increase to its...
Jardine Matheson’s bid to privatise Mandarin Oriental gets shareholders’ nod
The required majority are in favour of the scheme of arrangement at US$3.35 a share[SINGAPORE] Shareholders of Mandarin Oriental International on Monday (Dec 8) voted in favour of Jardine...
Nvidia wins Trump’s approval to sell H200 AI chips in China
The company sells the more advanced Blackwell generation in the US and is preparing to shift to an even speedier family of chips called Rubin[WASHINGTON] US President Donald Trump...
Almost half of China’s first time car buyers want an EV: survey
New-energy vehicles are on track to account for more than half of the country’s new-car sales this year for the first time [HONG KONG] More first-time car buyers in...
Trump eyes tariffs on cheap Canadian fertiliser, Indian rice
The US president is facing mounting pressure to address high consumer prices and persistent inflation[WASHINGTON] US President Donald Trump signalled he could impose fresh tariffs on agricultural products, including...
US economy in ‘soft landing’, though inflation won’t go away that quickly: JPMorgan CEO Jamie Dimon
Singapore has a ‘big chance’ to become a bigger financial hub in the coming years, he says in first visit to city-state since 2022[SINGAPORE] When JPMorgan chief executive Jamie...
PepsiCo plans layoffs as it looks to wrap up Elliott talks
Companies have frequently requested staff to work from home in recent years ahead of layoffs[WASHINGTON] PepsiCo announced a series of operational changes backed by activist investor Elliott Investment Management...
Oil falls 2% as Iraqi oilfield production restored, Ukraine talks continue
[HOUSTON] Oil prices slipped 2 per cent on Monday (Dec 8) after Iraq restored production at one of its oilfields which accounts for 0.5 per cent of world oil...
US stocks open higher as investors await Fed rate cut decision
[NEW YORK] Wall Street’s main indexes opened modestly higher on Monday (Dec 8) as investors priced in expectations that the Federal Reserve will deliver a long-awaited rate cut later...
Beijing court orders compensation for MH370 flight families
The eight passengers whose families were granted compensation have been declared legally deceased[BEIJING] A Beijing court said on Monday (Dec 8) it had ordered Malaysia Airlines to pay compensation...
