Business
As Crypto Slips, Dubai Emerges As Next Destination; Draws Thousands to TOKEN2049
The cryptocurrency industry, once propelled by political support and promising regulatory changes, is now facing a slowdown. Earlier this…
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Business
Business
How a U.S. Tax Loophole Supercharged China’s Exports
When Congress raised the threshold for imported goods to enter the United States tax-free to $800 from $200 nearly a decade ago, it threw…
Business
Asia: Stocks gain after China teases US tariff talks
Asian markets largely rose on Friday, tracking Wall Street gains, as China said it was considering a US offer to negotiate steep tariffs.…
Business
Climate change takes spice from Indonesia clove farms
Colonial powers once sought to wipe out cloves grown by locals on the eastern Indonesian island of Ternate to safeguard their monopoly…
Business
CapitaLand Investment sinks 8% as counter goes ex-dividend
CapitaLand Investment’s (CLI) shares plunged more than 8 per cent on Friday (May 2) morning, after trading in the company went ex-dividend…
Business
Australia shares hit near two-month high on boost from banks
AUSTRALIAN shares touched a two-month high on Friday, on track for a seven-day rally, as gains in financials overshadowed the decline in…
Business
Stocks to watch: CapitaLand Investment, Nio, MIT, Jardine Cycle & Carriage, iFast, Sasseur Reit, Elite UK Reit
The following companies saw new developments that may affect trading of their securities on Friday (May 2). CapitaLand Investment (CLI):…
Business
iFast receives MAS trust business licence, enhances wealth management capabilities
iFast Corp announced on Friday (May 2) that its global trust, a Singapore-incorporated entity within the group, has been granted a trust…
Business
Apple expects US$900 million tariff hit as shifts US iPhone supply to India
Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and was disrupting…
Business
Apple expects US$900 million tariff hit as it shifts US iPhone supply to India
Apple on Thursday (May 1) reported first-quarter profit above expectations, but warned that US tariffs could cost the company and were…
Business
Instacart forecasts upbeat quarterly core profit on online grocery delivery demand
INSTACART forecast second-quarter core profit above Wall Street estimates on Thursday, betting on resilient demand for grocery and food on…
Business
Amazon cloud revenue, income forecast disappoint, shares slide
AMAZON.COM on Thursday reported first-quarter cloud revenue growth and forecast operating income below estimates, disappointing investors.…
Business
Mastercard profit beats expectations on resilient consumer spending
MASTERCARD beat Wall Street estimates for first-quarter profit on Thursday as customers kept up spending on its card network despite the…
Business
US: Stocks boosted by gains in Microsoft, Meta
WALL Street stocks rallied on Thursday after strong results from Microsoft and Facebook parent Meta offset lingering worries about an…
Business
U.S. Dollar Falls. The Euro Could Step Up as Reserve Currency
The U.S. dollar has fallen about 9 percent in the past three months, according to an index that tracks its performance against a basket of…
Business
Employee Exit Emails That Don't Burn Bridges
Leaving a job can be a bittersweet experience. Whether you’re moving on to new adventures or just need a change, the way you say goodbye…
Business
Electric Hearses In Asia Sure Are Different
Read the full story on Backfire News Call it a cultural thing, because it is, but when we think of an electric hearse what immediately…
Business
Tears as woman shares moments mother-in-law truly heard her: 'You're rich"
A woman crying over a seemingly simple cheeseburger online shared a special story of love and support in a viral TikTok clip. In the…
Business
Spain to approve BBVA bid for Sabadell, Bloomberg reports
Spain’s antitrust agency approved with conditions BBVA‘s (BBVA) bid to acquire Banco Sabadell, Jorge Zuloaga of Bloomberg reports, citing…
Business
HSBC to lose Asia expert as chairman Mark Tucker announces retirement
HSBC said on Thursday (May 1) that chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at…
Business
US: Wall Street leaps at the open on Microsoft, Meta boost
Wall Street’s main indexes jumped at the open on Thursday, powered by shares of Meta and Microsoft, as their strong quarterly results…
Business
Elon Musk Freaks Out Over Report Tesla Is Trying to Force Him Out
Elon Musk isn’t happy about a report that his own company is looking to replace him. The Wall Street Journal reported Thursday that…
Business
Tesla Chair Denies That Board Sought to Replace Elon Musk
The chair of Tesla’s board of directors denied a report that the company had begun to look for a replacement for Elon Musk, the chief…