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Toyota braces for 1.4 trillion yen hit from US tariff turmoil
Toyota Motor lowered its annual guidance as it warned of a 1.4 trillion yen (S$12 billion) hit to its bottomline from US tariffs that have…
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Business
Microsoft poised for US$4 trillion valuation after solid results
Microsoft is set to soar past US$4 trillion in market valuation for the first time on Thursday (Jul 31), as a blockbuster earnings report…
Business
China’s 1.2 trillion yuan mega-dam project lifts metals markets, but not a quick fix for glut
China’s launch of a 1.2 trillion yuan (S$218.5 billion) mega-dam project in Tibet has energised metal markets, though analysts warn its…
Culture
Couche-Tard abandons 6.8 trillion yen bid to buy 7-Eleven owner
Canada’s Alimentation Couche-Tard has abandoned its 6.8 trillion yen (S$59 billion) bid to buy Seven & i Holdings, saying the Japanese…
Business
Singapore AUM up 12.2% in 2024, exceeds S$6 trillion for the first time
Total assets under management (AUM) in Singapore rose 12.2 per cent to hit S$6.07 trillion as at Dec 31, 2024, surpassing the S$6 trillion…
Business
Chinese investors’ FX pile hits US$1 trillion amid low local rates
Chinese corporates and households boosted their foreign-currency deposits last month to the highest in three years, as they shunned the…
Business
Wall Street Ends Lower as Trump Targets Canada with Tariffs, Nvidia Hits $4 Trillion
The impact of the US president's tariff threats was evident in the US markets. Wall Street slid on Friday, led by a decline in Meta…
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Indonesia detains Trafigura employee in 285 trillion rupiah graft case
Indonesia has detained an employee of Trafigura Group along with seven other suspects in a case involving oil procurement by state-owned…
Culture
PBOC adviser urges 1.5 trillion yuan stimulus to counter US tariffs
China should add as much as 1.5 trillion yuan (S$268 billion) in fresh stimulus to boost consumer spending and maintain currency…
Business
Nvidia becomes first company to reach US$4 trillion in value
Nvidia became the first company in history to achieve a US$4 trillion market valuation, cementing its status as a kingpin in the global…
Business
Nvidia stock keeps rising as the AI chip giant hits historic $4 trillion market cap
On Wednesday, AI chip designer Nvidia Corporation made Wall Street history as the first company to hit a $4 trillion market capitalization…
Business
Nvidia’s market cap just hit $4 trillion in a Wall Street first
On Wednesday, AI chip designer Nvidia Corporation made Wall Street history as the first company to hit a $4 trillion market capitalization…
Business
Indonesia’s Chandra Daya jumps 35% following 2.4 trillion rupiah million IPO
The company plans to use the proceeds from its share sale to develop and expand its main infrastructure businesses by acquiring ships and…
Business
China mulls doubling Southbound Bond Connect to one trillion yuan
China is considering doubling an investment channel local investors use to buy bonds overseas, according to sources familiar with the…
News
Elon Musk Slams Trump's $5 Trillion Bill, Proposes 'America Party' to Break Two-Party Grip
Elon Musk used Independence Day to reignite political tensions, taking aim at the U.S. government's fiscal policies and the dominance of…
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Republican senate tax bill would add $3.3 trillion to the U.S. debt load, CBO says
The changes made to President Donald Trump's big tax bill in the Senate would pile trillions onto the nation's debt load while resulting…
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Masayoshi Son pitches US$1 trillion US AI hub to TSMC, Trump team
SoftBank Group founder Masayoshi Son is seeking to team up with Taiwan Semiconductor Manufacturing to realise what could be his biggest…
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The $1 Trillion Climate Problem Republicans Are Ignoring
For all the panic in Washington about inflation, the federal deficit, and the mounting cost of Trump’s One Big Beautiful Bill Act, the…
Business
DBS, UOB back 6.7 trillion rupiah loan facility for data centre campus in Batam’s Nongsa Digital Park
DBS and UOB have jointly provided a 6.7 trillion rupiah (S$530 million) loan facility to finance the development of a new data centre…
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Trump’s big bill will add $2.4 trillion to deficit and leave 10.9 million more uninsured, CBO warns
President Donald Trump’s big bill making its way through Congress will cut taxes by $3.75 trillion but also increase deficits by $2.4…
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Nissan plans one trillion yen funding with backing from UK government
Nissan Motor, facing a huge loan repayment wall next year, is seeking to raise more than one trillion yen (S$8.9 billion) from debt and…
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Sen. Ron Johnson pans spending in House bill, warns it will add $4 trillion to national debt
Sen. Ron Johnson says the spending cuts in President Trump's "big beautiful bill" amounts to a "rounding error" in the amount of money…
Business
YouTube Says It Now Hosts More Than 20 Trillion Videos, Unveils New Features and Easter Eggs in 20th Birthday Celebration
Blow out the candles! YouTube has been pumping out videos for two decades — and to give you one idea of how massive the Google-owned…
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A $1 Trillion Defense Budget Isn’t Enough
As we’ve been running in place, our enemies have been building capacity. Source link