Business
Apple shuffles AI executive ranks in bid to turn around Siri
Apple is undergoing a rare shake-up of its executive ranks, aiming to get its artificial intelligence (AI) efforts back on track after…
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Business
Business
Chinese electric car maker BYD aims for Europe boost
Chinese carmaker BYD on Thursday vowed to conquer Europe with a new compact electric model and super-fast charging capability to rival…
Business
BYD vows to conquer Europe with new model, fast-charging capability
Chinese carmaker BYD on Thursday vowed to conquer Europe with a new compact electric model and super-fast charging capability to rival…
Business
FedEx cuts profit outlook again amid mounting economic woes
FedEx lowered its full-year guidance for a third consecutive quarter as mounting economic uncertainty adds to sputtering demand already…
Business
Micron gives upbeat sales forecast after AI fuels demand
The company’s high-bandwidth memory, or HBM, has become a vital piece of AI systems Micron Technology, the largest US maker of computer…
Business
Nike sales beat estimates in new CEO’s first full quarter
CEO Elliott Hill is attempting to guide the company back to growth after a difficult year of falling sales and corporate layoffs Nike’s…
Business
Europe: Shares slip after global central banks flag economic uncertainty; Switzerland cuts rates
EUROPEAN shares closed lower on Thursday, after four sessions of gains, as investors booked some profits and assessed interest rate…
Business
US: Stocks edge lower as Fed rally falters
US stocks closed lower on Thursday, as a Fed-related rally lost steam, and traders looked ahead to the prospect of additional tariffs next…
Business
Volatile markets, heightened uncertainty may slow banks’ hiring: recruiters
The recent series of job cuts underscore the challenges lenders are grappling with; US banks’ layoffs could ripple through to Singapore…
Business
Singapore financial sector may cut hiring amid volatile markets, global bank layoffs
The recent series of job cuts underscore the challenges lenders are grappling with; US banks’ layoffs could ripple through to Singapore…
Business
Washington Post Alumni Urged Jeff Bezos to Replace CEO Will Lewis
In February, as morale at The Washington Post was reaching new lows, two of the newspaper’s most respected alumni decided to intervene,…
Business
Fannie Mae, Freddie Mac Regulator Puts 35 Workers on Leave
The newly appointed head of one of the nation’s top housing regulators is moving quickly to reshape not only the agency but also Fannie…
Business
Fox News Host Fantasizes About Executing Tesla Vandals
Fox News host Harris Faulkner invented a new crime—“terrorism plus”—for those caught setting Teslas on fire. She thinks the death penalty…
Business
Creditors file over S$198m in claims against troubled Qoo10, but only S$34,650 recovered
More than S$198 million in claims have been submitted by creditors to the liquidator of beleaguered online marketplace Qoo10, but only…
Business
Dollar higher as Fed signals no rush to cut rates, BOE holds rates steady
The dollar rose on Thursday (Mar 20) after the Federal Reserve indicated it was in no rush to cut rates further this year due to…
Business
ValueMax raises S$71.7 million through two digital securities commercial papers
Both papers were issued on Mar 3 and received “strong demand” from investors, says the company Pawnbroking chain ValueMax Group has raised…
Business
Bank of England keeps rates on hold
The Bank of England held interest rates at 4.5 per cent and warned against assumptions that they would be cut over its next few meetings…
Business
Singapore shares rise after Fed rate cut pause; STI up 0.6%
Shares on the Singapore bourse ended higher on Thursday (Mar 20), following the US Federal Reserve’s decision to hold off on interest-rate…
Business
SGX listcos with Indonesia exposure stay resilient amid market meltdown
While a market meltdown in Indonesia has rattled investor confidence, Singapore-listed companies with sizable exposure to the country have…
Business
CK Hutchison warns of geopolitical risks as profit falls and ports deal upsets China
CK Hutchison Holdings warned of a deteriorating global business environment due to geopolitical and trade tensions, as the Hong Kong…
Business
Chocolate Finance: Bank or fund manager?
The two may have overlapping traits, but industry watchers say the differences must be made obvious to customers For less-savvy investors,…
Business
Hedge funds burned by Tesla short bets plot next steps
Hedge funds whose short positions against Tesla backfired badly after the Nov 5 election are watching the latest sell-off from the…
Business
UK posts strong wage growth ahead of BOE rate decision
UK wage growth held at its highest level in nine months and employment rose, evidence of resilient demand for workers that will likely…
Business
SGX RegCo reprimands BlackGold Natural Resources directors, CFO for breaches of listing rules
The Singapore Exchange Regulation (SGX RegCo) has reprimanded three directors and the chief financial officer of BlackGold Natural…