Fashion
S&P 500 crosses 7,000 ahead of Fed decision, Big Tech earnings
The S&P 500 opened at 7,000 mark on Wednesday (Jan 28), while the Nasdaq inched towards a record high, fuelled by a gain in chip stocks…
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Fashion
Fashion
Pinterest to cut up to 15% of its workforce as focus on AI intensifies
Pinterest said Tuesday it’s planning to slash up to 15% of its workforce. The San Francisco-based image-sharing platform used for…
Fashion
Singapore-based Digital Edge to build US$4.5 billion data centre campus in Indonesia
Digital Edge, an Asian digital infrastructure firm backed by alternative asset manager Stonepeak Partners, plans to invest US$4.5 billion…
Fashion
Is social media harmful for kids? Meta and YouTube face trial after TikTok settles suit
TikTok agreed to settle the first in a series of closely-watched product liability cases Monday, bowing out on the eve of a landmark trial…
Fashion
Hong Leong Asia proposes spinning off Guangxi Yuchai Marine and GenSet Power on HKEX
But the group cautions that the listing is still subject to requisite approvals from the relevant regulatory authorities Hong Leong Asia…
Fashion
As Newsom slams suppression of anti-Trump content, TikTok blames a technical glitch
California Gov. Gavin Newsom announced he is investigating reports that TikTok is suppressing anti-Trump content days after the platform…
Fashion
JD.com’s Jingdong Property files for Hong Kong IPO
Jingdong Property, a Chinese logistics infrastructure manager majority owned by e-commerce major JD.com, has filed for an initial public…
Fashion
Lockheed Martin, PG&E, Salesforce and Wells Fargo team up to help battle wildfires
Lockheed Martin, PG&E Corp., Salesforce and Wells Fargo are teaming up to help firefighters and emergency responders prevent, detect and…
Fashion
S&P 500, Dow open slightly higher with big tech results
The S&P 500 and the Dow opened slightly higher on Monday (Jan 26), as investors braced for a heavyweight run of earnings along with a…
Fashion
Low Keng Huat privatisation crosses 90% threshold
Consistent Record’s final offer of S$0.78 a share is 8.3% or S$0.06 higher than its initial price Mainboard-listed construction and…
Fashion
Blackstone eyes more hiring in Asia to tap private market demand
The alternative asset manager sees huge potential from bringing private markets to individual investors Blackstone is planning to hire…
Fashion
Stocks to watch: FCT, Ho Bee Land, Starhill Global, The Straits Trading Company, MoneyMax
The following companies saw new developments that may affect trading of their securities on Monday (Jan 26): Frasers Centrepoint Trust…
Fashion
Vitol and Trafigura – traders at the heart of Trump’s Venezuela oil grab
The companies’ special licences to ship still-sanctioned barrels have given them a head start in a potentially lucrative trade US…
Fashion
Airbus CEO warns of new risks after ‘significant’ trade damage
‘The industrial landscape in which we operate is sown with difficulties,’ says Guillaume Faury The head of Airbus has warned staff that…
Fashion
Jardine Matheson buys back shares; Soon Hock’s Tan Yeow Khoon builds stake
Institutions were net buyers of Singapore stocks from Jan 16 to 22, with net institutional inflow of S$1.7 million For the five trading…
Fashion
Singapore doubles down on AI with S$1b R&D push amid US-China dominance
Authorities will partner industry players such as Changi Airport Group and Sembcorp to build core AI engineering capabilities The…
Fashion
Air France-KLM halts Dubai, Riyadh flights on geopolitical risks
France-KLM has paused flights to and over several countries in the Middle East amid tensions between the US and Iran that could…
Fashion
TikTok’s new CEO brings Hollywood connections, ByteDance loyalty
OK picked an insider to lead its newly created US business, choosing an executive with deep ties to the entertainment world and history…
Fashion
US lawmakers say TikTok joint venture deal needs scrutiny from Congress
Some US lawmakers on Friday (Jan 23) said a deal by TikTok’s Chinese owner ByteDance to establish a majority American-owned joint venture…
Fashion
Autodesk to cut 1,000 workers as the tech company bets on AI
Software company Autodesk is slashing roughly 1,000 roles, representing a 7% cut of its global workforce. The San Francisco company, which…
Fashion
TikTok has finalized its U.S. joint venture, ending saga over its fate
The long and winding road over the fate of TikTok — the enormously popular social video platform that has been a force in American youth…
Fashion
Singapore stocks track global rally; STI up 1.3% after hitting new high
Singapore stocks ended higher on Friday (Jan 23), tracking a global rally in markets. The benchmark Straits Times Index (STI) hit a new…
Fashion
Why Indonesia’s rupiah hit a record low in January
Indonesia’s rupiah has been under sustained pressure for months as investors grow uneasy about the country’s fiscal outlook and the…
Fashion
Anduril to invest another $1 billion in California with new Long Beach campus
Anduril Industries, one of the leading defense companies in Southern California, will expand in Long Beach with a new $1-billion complex…