News
Starmer tells UK to ‘push past’ AI job fears as tech leaders raise alarm
British Prime Minister Keir Starmer has said it is time to “push past” concerns that AI poses a threat to human jobs — contradicting the…
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Business
Procter & Gamble’s job cuts raise questions over possible impact on Singapore operations, new facility plans
Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing…
Business
Procter & Gamble’s job cuts raise questions over possible impact on 2,300 staff and operations in Singapore
Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing…
Business
CapitaLand Malaysia Trust proposes sale of 435.4 million units to raise RM250 million
The manager of CapitaLand Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, on Tuesday (Jun 3) proposed a placement of up to…
Business
Virgin Australia seeks to raise US$442.8 million in IPO, term sheet shows
Capital-owned Virgin Australia is looking to raise A$685 million (S$442.7 million) in an initial public offering, according to a term…
News
Trump Is Going to Raise Your Insurance Premiums
In April 2023, a report from the President’s Council of Advisors on Science and Technology warned that “when it comes to assessing the…
Business
Trump Media to raise $2.5 billion to build a bitcoin reserve
About 50 institutional investors will put up $1.5 billion in the private placement for common shares in the company and another $1 billion…
Business
Trump Media to raise US$3 billion to spend on cryptocurrencies: report
The company behind Truth Social, a streaming and social media platform, has been exploring potential mergers and acquisitions as it aims…
Business
Nike to raise prices by next week, to return to selling on Amazon, media reports say
NIKE is set to raise prices on several of its products starting next week and will also return to selling its products at online retail…
Business
Analysts raise price targets on DBS after Q1 earnings
Analysts raised price targets for shares of DBS, following its first quarter results release on Thursday (May 8). The bank’s net profit at…
News
Barbie Maker Mattel Plans to Raise Prices Because of Trump’s Tariffs
Less than a week ago, President Trump suggested that children may have to make do with fewer toys this year. “Well, maybe the children…
Business
India’s largest bank plans to raise 250 billion rupees in share sale
State Bank of India, or SBI, plans to raise 250 billion rupees (S$3.8 billion) through new shares and this fiscal year, marking the first…
News
Ryanair threatens to cancel huge Boeing order if tariffs raise prices
Ryanair on Thursday (May 1) threatened to cancel orders for hundreds of Boeing aircraft if a US-led tariff war leads to materially higher…
News
Tesla and Volkswagen May Have a Leg Up As Tariffs Raise EV Prices
President Trump’s tariffs on imported cars and auto parts could stall the growth of electric vehicles, setting back a technology critical…
Lifestyle
Washington’s Besieged Journalists Raise a Cocktail Glass, Darkly
Usually, the White House Correspondents’ Association dinner features Hollywood stars, a zinger-filled comedy set and a public display of…
Business
Elon Musk’s XAI Holdings is in discussions to raise US$20 billion
Elon Musk’s XAI Holdings is in talks with investors to raise roughly US$20 billion in funding for his newly combined artificial…
News
US pharma tariffs would raise US drug costs by US$51 billion annually, report finds
A 25 per cent US tariff on pharmaceutical imports would increase US drug costs by nearly US$51 billion annually, boosting US prices by as…
News
Israel’s A.I. Experiments in Gaza War Raise Ethical Concerns
In late 2023, Israel was aiming to assassinate Ibrahim Biari, a top Hamas commander in the northern Gaza Strip who had helped plan the…
Business
Singapore Airlines, OpenAI link up to build AI solutions to raise efficiency, customer service
SIA will also beef up its operational processes by integrating OpenAI’s advanced AI models into its existing tools Singapore Airlines…
Business
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
The Mumbai-based lender will issue 1.25 billion preference shares to the investors First Bank has approved a plan to raise 75 billion…
News
Amanda Bynes Launches OnlyFans Account and Tells Followers that She Will Soon Raise a Storm on the Platform
Amanda Bynes announced on Tuesday that she has joined OnlyFans and shared with her followers that she is ready to take the adult platform…
Business
Bain seeks to raise at least US$7 billion for new Asia PE fund
Bain Capital is looking to raise billions of US dollars for its next Asia fund and a special situation fund in the region, as it moves to…
News
California lawmakers tackle potential dangers of AI chatbots after parents raise safety concerns
When her 14-year-old son took his own life after interacting with artificial intelligence chatbots, Megan Garcia turned her grief into…
Business
Car dealer Vin’s Holdings gears up to raise net proceeds of S$4 million in Catalist IPO
Car dealer Vin’s Holdings is looking to raise net proceeds of S$4 million in an initial public offering (IPO) to drive its expansion…