Business
US: S&P 500 ends 1.6% lower as tariff angst kills stocks rally
Wall Street stocks tumbled again on Tuesday as initially successful efforts to rebound from big losses faded amid worries over US…
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Business
Business
Justice Department Announces Stunning Change on Crypto Investigations
Trump’s Justice Department is going to pull back on prosecuting cryptocurrency fraud, according to a memo from Deputy Attorney General…
Business
Ex-Tesla employees aim to launch an electric roadster before Musk can
An automotive startup based in Britain aims to release an exclusive fully electric open sports car before Tesla can deliver its…
Business
US: Wall Street opens sharply higher on hopes of tariff talks
Wall Street’s main indexes opened sharply higher on Tuesday (Apr 8) after a bruising selloff that has wiped out trillions of dollars since…
Business
Wall Street braces for souring corporate earnings amid trade war
US stocks reeling from the impact of President Donald Trump’s tariffs face another big test starting later this week: corporate earnings.…
Business
Exxon faces no shareholder proposals for first time in 25 years
It received only one proposal this year and the SEC agreed it should be discarded because “it tried to micromanage the company” ExxonMobil…
Business
Dollar falls as prospect of tariff talks calms global markets
The US dollar fell on Tuesday (Apr 8) while the euro perked up as stocks bounced in Asia and Europe on hopes that US President Donald…
Business
Greenback falls as prospect of tariff talks calms global markets
THE US dollar fell on Tuesday (Apr 8) while the euro perked up as stocks bounced in Asia and Europe on hopes that US President Donald…
Business
Boomer, 68, makes eye-opening point about older women on TV, goes viral
A post highlighting how women over the age of 50 are portrayed on television has evolved since the 1980s has gone viral on Instagram. The…
Business
Nigerian make-up artist jailed for throwing cash at his wedding
A make-up artist in Nigeria has been sentenced to six months in jail for abusing the currency, the naira, by flinging it while dancing at…
Business
Trump’s tariff chaos becomes US$700 billion storm for big banks
Financial services are excluded from Donald Trump’s trade war for now. Banks are still feeling the pain. HSBC Holdings’s market value has…
Business
German consumer body opposes EU plans to cut airline liability
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Business
UOB to inject fresh capital of 2 trillion dong into Vietnam unit, build new headquarters in Ho Chi Minh City
United Overseas Bank (UOB) said on Tuesday (Apr 8) that it will inject additional fresh capital of two trillion dong (S$104 million) into…
Business
SGX securities turnover value up 25% in March, volume down 23%
The total securities market turnover value on the Singapore Exchange (SGX) increased 25 per cent year on year to S$29.7 billion in March,…
Business
Rich Asian investors opt to unwind holdings amid margin calls
Some wealthy clients at Asia’s top private banks are opting to unwind part of their equity investments instead of topping up collateral…
Business
Swiss watchdog backs UBS plan to limit investment bank amid capital rule debate
The head of Switzerland’s financial watchdog signalled he is in favour of UBS Group’s offer to limit the size of its investment bank,…
Business
Resolving succession at Kwek Leng Beng's Hong Leong Finance
Succession troubles surfaced recently at local-listed property and hotel group City Developments Limited (CDL), when executive chairman…
Business
The Bleak, Defeatist Rise of “Climate Realism”
The prescriptions that flow from those assessments are bleak. Naturally, Wall Street is looking to find investment opportunities and avoid…
Business
Singapore shares settle lower on Tuesday; STI down 2%, bucks regional indices rebound
Across the broader market, gainers beat decliners 362 to 234, with 2.4 billion shares worth S$3.5 billion transacting The Straits Times…
Business
CDL group CEO Sherman Kwek gives up long-term incentive of S$1.35 million; total compensation for FY2024 down 15.4%
City Developments Ltd (CDL) group chief executive officer Sherman Kwek has voluntarily forgone his long-term incentive grant of S$1.35…
Business
IBM launches new mainframe in bet that some data stays local
The intense computational requirements of generative AI have increased demand for many kinds of tech hardware International Business…
Business
Venture capitalist Finian Tan of US$33.3m duped in alleged nickel scam
Well-known venture capitalist Finian Tan told the High Court on Tuesday (Apr 8) that he was red-faced by the loss to alleged fraudster Ng…
Business
Finian Tan on US$33.3 million duped in alleged nickel scam
Well-known venture capitalist Finian Tan told the High Court on Tuesday (Apr 8) that he was red-faced by the loss to alleged fraudster Ng…
Business
Clean power offers safety to China investors rattled by tariffs
Investors traditionally turn to utilities during times of market upheaval thanks to their relatively stable revenue sources China’s clean…