Fashion
US stocks: Wall Street ends mixed as tech dips, defence stocks rally
WALL Street ended mixed on Thursday, as Nvidia and other technology stocks dipped, while defence companies advanced after President Donald Trump called for an enlarged US$1.5 trillion military budget.Nvidia slid 2.2...
Wall St opens lower; defence firms up as Trump calls for budget boost
[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Jan 8), as investors turned cautious ahead of Friday’s crucial nonfarm payrolls report, while defence companies advanced after President...
China Aviation Oil confirms Sinopec merger with parent CNAF
State administrators have given the nod for the merger following deliberation, says CAO[SINGAPORE] The parent company of China Aviation Oil (CAO) will merge with Chinese state-owned oil and gas...
India defends antitrust penalty law in Apple fight
The watchdog says it could compute penalties from global turnover, but only sought “India-specific financial details” [NEW DELHI] A law used to calculate fines on the basis of a...
Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal
Hong Kong’s high court will decide in a hearing on Jan 23 whether the take-private plan can be executed[HONG KONG] Hang Seng Bank shareholders on Thursday (Jan 8) approved...
Geo Energy buys majority stake in two Indonesian shipping companies for US$127.5 million
[SINGAPORE] Indonesian coal producer Geo Energy said on Thursday (Jan 8) that it has completed its acquisition of majority stakes in two Indonesian shipping companies.The deal – to buy...
Inside Singapore’s AI bootcamp to retrain 35,000 bankers
The Government is working hand in glove with the country’s largest banks to teach new technology skills[SINGAPORE] Kelvin Chiang knew the five agentic AI models built by his team...
How rare earths raise the stakes in China-Japan spat
[BEIJING] China and Japan are bound together by trade and geography, but a long history of rivalry and unresolved disputes makes even periods of cooperation fragile.Long-running flashpoints – including...
Nvidia requires full upfront payment for H200 chips in China: sources
The US chipmaker imposes strict terms, demanding full payment with no cancellations, refunds or changes[BEIJING/SHANGHAI] Nvidia is requiring full upfront payment from Chinese customers seeking its H200 artificial intelligence...
To be a wealth hub, Singapore must accept risk of rogue actors: Chee Hong Tat
MAS deputy chairman wants the Republic to be a place where entrepreneurs would bring their capital and talent[SINGAPORE] To achieve the goal of becoming a wealth management hub, Singapore...
