Business
Trump Bizarrely Rambles About Florida Instead of Answering Question
Donald Trump’s wishy-washy tariffs have been good for one thing: keeping Federal Reserve interest rates high, according to the central…
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Business
Zohran Mamdani’s New York Mayor Win Just Got Even More Delicious
Donald Trump’s wishy-washy tariffs have been good for one thing: keeping Federal Reserve interest rates high, according to the central…
Business
Fed Chair Says Trump Screwed Himself on Demand for Low Interest Rates
Donald Trump’s wishy-washy tariffs have been good for one thing: keeping Federal Reserve interest rates high, according to the central…
Business
Sales of the Skoda Kushaq start in Vietnam
Sales of the locally produced Skoda Kushaq have now begun in Vietnam. Skoda is leveraging synergies with India, from where it imports…
Business
US: S&P 500, Nasdaq dip from record highs with Trump tax bill in focus
The S&P 500 and Nasdaq indexes opened lower on Tuesday (Jul 1), after touching record highs a day earlier, as investors monitored US trade…
Business
AI, power, and longevity to drive next decade of transformational innovation: UBS
Investors should consider allocating part of their portfolios to transformational innovation as a way to diversify risks in an…
Business
Singapore shares move in tandem with Wall Street rally
Buoyed by the overnight Wall Street rally, Singapore shares rose on Tuesday (Jul 1), with about the top one-third counters by weighting on…
Business
BNP Paribas completes 5.1 billion-euro acquisition of AXA Investment Managers
The acquisition allows BNP to manage long-term savings for insurers and pension funds with around 850 billion euros in assets Paribas said…
Business
MAS proposes to improve complex product labelling and disclosures for investors
Investors in Singapore may soon gain clearer disclosures and improved guidance for complex products, following the implementation of…
Business
Honda’s global vehicle output drops 4.5% in May
Japanese automaker Honda Motor Company reported a 4.5% year-on-year fall in global production to 286,258 vehicles in May 2025, from…
Business
Chinese money fires up Hong Kong shares
[SHANGHAI/HONG KONG] Chinese investors are piling into Hong Kong shares lured by lower valuations and the city’s strategic position in…
Business
Asia: Stocks rise on trade deal hopes, Tokyo hit by tariff warning
Asian stocks rose on Tuesday amid optimism countries will strike US trade deals, though Tokyo’s Nikkei sank after Donald Trump threatened…
Business
Zuckerberg debuts Meta ‘superintelligence’ group, more hires
Meta Platforms chief executive officer Mark Zuckerberg announced a major restructuring of the company’s artificial intelligence (AI)…
Business
Apple weighs using Anthropic or OpenAI to power Siri in major reversal
Apple is considering using artificial intelligence (AI) technology from Anthropic PBC or OpenAI to power a new version of Siri, sidelining…
Business
Crazy Classic Car: OSI Silver Fox Prototype
Read the full story on Backfire News When you first see the 1967 OSI Silver Fox Prototype, you might legitimately feel like your eyes are…
Business
Boeing’s US$4.7 billion Spirit deal faces UK antitrust probe
The probe will determine if the deal raises the risk of substantial lessening of competition in the UK Boeing’s US$4.7 billion deal to buy…
Business
Millennium Hotels and Resorts ties up with German hotelier Maritim in cross-brand loyalty deal
As part of the partnership, both companies will jointly participate in major trade shows and roadshows Millennium Hotels and Resorts has…
Business
US: S&P 500, Nasdaq open at record levels on trade talk hopes; set for strong quarter
The S&P 500 and Nasdaq opened at fresh record highs on Monday (Jun 30), as optimism over the United States striking trade deals with its…
Business
Elmore Leonard’s Perfect Pitch
Out of interest, could this be the best beginning to the sixth chapter of any book, by anyone, ever? The girl with the stringy blond hair…
Business
UBS kicks off share buyback programme of up to US$2 billion
Group is launching a programme to repurchase as much as US$2 billion worth of its own shares, it said in a release on Monday (Jun 30). The…
Business
Japan's Nikkei ends at over 11-month high as US stocks rally boosts risk appetite
Japan’s Nikkei share average closed at a more than 11-month high on Monday (Jun 30) as investor risk appetite grew after a strong rally in…
Business
Thai coconut water maker IFBH’s shares jump in Hong Kong debut
Shares of Thai coconut-water maker IFBH rose as much as 67 per cent on their first day of trading in Hong Kong following a HK$1.16 billion…
Business
Australia cuts commodity export outlook despite gold price gain
Earnings from thermal coal will also decline, while its steelmaking counterpart will hold steady Australia cut its forecast earnings from…
Business
Jeff Bezos' Wife, Lauren Sanchez, Makes Final Decision on Name
Jeff Bezos and his fiancee, Lauren Sanchez, official tied the knot in Naples, Italy this weekend. The Amazon founder, who is worth about…