Business
Stakes high for Switch 2 after Nintendo’s stock valuation surges
NINTENDO shares have soared to a series of records in anticipation of its Switch 2 console, making the upcoming reveal of the gadget’s…
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Business
Business
Tesla to report sales as it faces Musk backlash, overseas delivery woes
With its showrooms vandalised, production lines paused and sales tanking overseas, Tesla has had a brutal start to 2025. The automaker is…
Business
Tesla sales drop to lowest since 2022 amid Musk backlash
Tesla’s vehicle sales fell 13 per cent last quarter to an almost three-year low, as the carmaker made over its most important model and…
Business
Europe: Shares recover ground as markets brace for US tariff deadline
EUROPEAN shares rebounded on Tuesday from a two-month low touched in the previous session, while the market braced for an impending April…
Business
US: Stocks close mixed before Trump tariff announcement
US stocks finished mixed on Tuesday on a quiet trading day as investors braced for Donald Trump’s tariff announcement, which he has dubbed…
Business
Stranger finds lost wallet—No one prepared for what they do to find owner
A Reddit post showcasing a clever method to reunite a lost wallet with its owner has captivated hundreds of thousands online. Shared on…
Business
DOGE wants to transfer ownership of $500 million USIP building to executive branch
After overseeing massive firings on Friday, newly appointed U.S. Institute for Peace head Nate Cavanaugh has moved to transfer ownership…
Business
Ghibli-inspired viral feature drives record ChatGPT usage
The frenzy to create Ghibli-style AI art using ChatGPT’s image-generation tool led to a record surge in users for OpenAI’s chatbot last…
Business
US: Wall Street opens lower as Trump tariffs loom
US stock indexes opened lower on Tuesday (Apr 1), marking a gloomy start to the quarter, as investors braced for the impending storm of…
Business
Austria wine exports decline in 2024 amid global market challenges
Austrian wine exports declined both in terms of value and volume in 2024 due to the “difficult market situation around the world”, the…
Business
Intel will spin off non-core units, says CEO Tan Lip-Bu
Intel chief executive officer Tan Lip-Bu said the chipmaker will spin off assets that are not central to its mission and create new…
Business
Hooters Files for Bankruptcy, but Its Restaurants Will Stay Open
Hooters, the restaurant chain known for its chicken wings, its all-female serving staff in revealing outfits and its slogan —…
Business
Straits Times Index closes slightly lower after cutting intra-day losses
The Singapore blue-chip gauge Straits Times Index slid almost 0.8 per cent during intra-trading but managed to erase the losses and closed…
Business
UltraGreen.ai is said to mull up to S$400 million IPO in Singapore
The company is working with financial advisers to help plan an offering that could take place in Singapore as soon as this year…
Business
UOB to take legal action against former Yang Kee Logistics CEO, The Online Citizen over ‘defamatory’ remarks
UOB will initiate legal proceedings against Ken Koh, the former chief executive of Yang Kee Logistics, after he failed to retract and…
Business
Coinbase sees worst quarter since FTX fell as crypto slides
Shares of Coinbase Global and other firms linked to cryptocurrencies were hammered this quarter as growing concerns about the US economy…
Business
Decathlon sees 5.2% revenue growth in 2024
French sporting goods retailer Decathlon Group has reported a revenue increase of 5.2% in 2024 at constant exchange rates compared to the…
Business
Hooters files for bankruptcy as brand eyes turnaround plan
It listed assets of US$50 million to US$100 million and liabilities in the same range in its petition Hooters of America has filed for…
Business
European private equity company Inflexion opens Singapore office
Move includes hiring a managing director for investor relations focusing on Asia-Pacific London-based private equity company Inflexion is…
Business
Temasek-backed 65 Equity Partners, Inflexion to make minority investment in Kee Safety
Global investment firm 65 Equity Partners and Inflexion, a London-based private equity firm, announced on Tuesday (Apr 1) their plans to…
Business
Singapore's GLP closes first digital infrastructure fund at US$358 million in AUM
Singapore-based GLP has successfully wrapped up its inaugural digital infrastructure-based fund, the GLP China IDC Income Fund I, with…
Business
Full list of stores closing in April
Several retailers are set to close stores nationwide throughout the month of April. The closures are happening across several shopping…
Business
UOB trims interest rate on flagship One Account, joins OCBC in 360 Account cut
UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations. With effect from…
Business
Australia’s central bank holds rates steady, warning of ‘pronounced’ global risks
Australia’s central bank on Tuesday left its cash rate steady as widely expected, saying it was still cautious about the outlook, although…