Business
Tesla estimates cut further on ‘unprecedented brand damage’
One of Wall Street’s most bearish Tesla analysts further reduced estimates for the company’s earnings, citing the magnitude of car-buyer…
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Business
Business
IRS announces changes just in time for Tax Day
Thousands of probationary employees at the Internal Revenue Service (IRS) who were laid off earlier this year have been told to report…
Business
Junk bonds suffer worst rout since 2020 with US hit hardest
US junk corporate bonds led the biggest slump in global high-yield debt since 2020 as the steepest American tariffs in a century triggered…
Business
The Magic of Markets
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Business
Mississippi Is on the Move with Conservative Reforms
Sweeping education gains, record economic development, and now, elimination of its income tax place Mississippi in a unique position. It’s…
Business
Singapore shares dive a day after US unleashes tariff tsunami; STI down 3%
Across the broader market, decliners trump gainers 378 to 105, with 1.4 billion securities worth nearly S$2.9 billion changing hands All…
Business
Trump Officials Warn of Tariff Pain as Price Increases Loom and Stocks Tumble
In the weeks leading up to his expansive global tariffs, President Trump and his top aides tried to prime the public for economic pain.…
Business
TikTok must find non-Chinese owner by Saturday to avert US ban
TikTok on Friday (Apr 4) was hours from a deadline to find a non-Chinese owner or face a ban in the United States. The hugely popular…
Business
Europe: Shares in the red at open
European equities opened in the red on Friday (Apr 4), extending losses after US President Donald Trump’s tariff offensive sparked a...…
Business
BP chair Helge Lund to step down amid Elliott campaign
BP chair Helge Lund intends to step down “likely during 2026” and the process to pick his successor has started, BP said on Friday (Apr 4)…
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…
Business
Stocks Fall Further as Concern About Tariffs Deepens
Share prices fell sharply for a second day on Friday in Asia, and futures market trading indicated that American share prices might soon…
Business
Morgan Stanley raising about US$680 million for Japan real estate fund: sources
Morgan Stanley is raising about 100 billion yen (S$910.8 million) for a Japan-focused real estate fund, two people familiar with the…
Business
Semiconductor, shipbuilding shares in Singapore slump on heat from Trump tariffs; glovemakers mixed
Stocks in certain industries listed in Singapore suffered hits of varying severity on Friday (Apr 4) following US President Donald Trump’s…
Business
Semiconductor, shipbuilding stocks suffer heavy losses in SGX bloodbath
Chipmaking and shipbuilding shares dived up to 8 per cent in early trade on Friday (Apr 4) following US President Donald Trump’s…
Business
FDA Layoffs Could Raise Drug Costs and Erode Food Safety
Health Secretary Robert F. Kennedy Jr. announced wide-ranging cutbacks at federal health agencies, including the Food and Drug…
Business
AppLovin bids for TikTok in all markets outside of China
Marketing platform AppLovin said on Thursday it has submitted a bid for TikTok assets outside of China, ahead of the April 5 deadline set…
Business
Passenger who experienced "inconvenience" not prepared for email they get
A passenger was caught off guard by an unexpected reward after sharing a memorable flight experience with an unaccompanied minor. The…
Business
Far East Orchard acquires Manchester purpose-built student accommodation site for £10.9 million
Far East Orchard announced on Thursday (Apr 3) that it will be acquiring a purpose-built student accommodation (PBSA) site in Manchester,…
Business
Trade war boosts odds of Bank of England pushing ahead with May rate cut
THE threat of a global trade war is set to tip the balance at the Bank of England toward more interest-rate cuts, investors and economists…
Business
Stocks to watch: Far East Orchard, BYD
The following companies saw new developments that may affect trading of their securities on Friday (Apr 4). Far East Orchard: The…
Business
Trump says things are 'going very well' after worst stock market drop in years over tariffs
President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, "I think it's…
Business
John Thornton, Venture Capitalist Who Founded The Texas Tribune, Dies at 59
John Thornton, a financier who leveraged his wealth and influence to embark on the seemingly quixotic mission of reviving local journalism…
Business
ExxonMobil signals higher oil, gas prices will help boost Q1 profit
EXXONMOBIL signalled on Thursday that higher crude oil and natural gas prices as well as stronger oil refining margins will help lift its…