Business
Mattel taps OpenAI to help it design toys, other products
Mattel, the maker of Barbie dolls and Hot Wheels cars, has signed a deal with OpenAI to use its artificial intelligence tools to design…
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Business
Business
Damage is done: China exports to US in May see biggest drop since Covid as trade flows reroute to Asean
While the US and China seemed to have avoided a devastating economic conflict with a framework agreement on Wednesday (Jun 11) after two…
Business
Closed Kazakhstan test site misrepresented as 'Pakistan nuclear facility'
Unrelated photos of people wearing protective gear emerging from hillside tunnels have been shared in posts that falsely claim they show…
Business
China stocks soar on AI, US-China trade hopes. Who are the country’s ‘Terrific Ten’ firms?
Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial…
Business
Gold prices climb as Middle East tensions rise, US inflation eases
GOLD prices rose on Thursday, as rising Middle East tensions boosted demand for safe-haven assets, while softer-than-expected US inflation…
Business
Stocks to watch: CapitaLand Investment, TalkMed, Aspen
The following companies saw new developments that may affect trading of their securities on Thursday (Jun 12). CapitaLand Investment…
Business
Scrap Chagos Islands deal and agree new one, UN panel urges UK
A UN panel has urged the UK to renegotiate a deal returning the Chagos Islands to Mauritius, saying it "fails to guarantee" the rights of…
Business
US: S&P 500, Nasdaq open near record levels after May inflation data
The S&P 500 and Nasdaq opened near record levels on Wednesday (Jun 11), as a cooler-than-expected inflation report calmed concerns around…
Business
Eating out loses its shine; some listed F&B players are in the red on wilting demand, high costs
As listed food and beverage (F&B) operators cite a drop in demand for restaurant meals amid high rental rates and operating costs,…
Business
Haidilao operator Super Hi swings to US$11.9 million Q1 profit on forex gains, delivery growth
Super Hi International, the operator of Haidilao’s international business, posted a net profit of US$11.9 million for the first quarter…
Business
AI bets that fuelled Big Tech’s surge now threaten rich profits
Some investors are questioning the amount of cash Big Tech is throwing at artificial intelligence, fuelling concerns for profit margins…
Business
Hilton announces 19 new Hilton Garden Inn signings across Greater China
Hilton is set to accelerate its expansion in Greater China with 19 new Hilton Garden Inn property signings, announced at the 2025 Hilton…
Business
India's central bank to use cash reserve ratio as active liquidity tool
India’s central bank plans to use the cash reserve ratio (CRR) more frequently to manage liquidity and aid policy transmission, rather…
Business
Singapore shares buck regional trend to close lower; STI falls 0.4%
Local stocks fell for the second straight day on Wednesday (Jun 11), bucking the gains in most Asian markets as investors are concerned…
Business
Centurion shares hit all-time high on submission to list Reit on SGX
This is the highest price its shares have risen to since they started trading in 1995 Shares of Centurion rose on Wednesday (Jun 11)…
Business
New Zealand central bank says former head quit over funding dispute
Former New Zealand central bank governor Adrian Orr’s surprise resignation in March was due to his disagreements with the treasury over…
Business
Stocks to watch: Keppel Infrastructure Trust, Raffles Medical, Amara, Koh Brothers Eco Engineering, SIA
The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 11): Keppel Infrastructure…
Business
World Bank: Trump’s Trade War Could Destroy the Global Economy
Trump’s trade war won’t just cripple domestic markets—it will slow global GDP growth to its lowest point in 17 years. The World Bank’s…
Business
Yale’s Endowment Selling Private Equity Stakes as Trump Targets Ivies
Yale University’s famed endowment has been trying to offload one of the largest portfolios of private equity investments ever in a single…
Business
Netflix to invest 1 billion euros in Spain productions to 2029
streaming giant Netflix said on Tuesday (Jun 10) it was going to invest more than 1 billion euros (S$1.47 billion) in productions in…
Business
US: Wall St muted at open as US-China trade talks in focus
Wall Street’s main indexes opened subdued on Tuesday (Jun 10) as investors awaited the outcome of ongoing trade talks between the United…
Business
Telus investing over $13.5B in Alberta through 2029
TELUS (TU) is investing more than $13.5B over the next five years to expand and enhance its network infrastructure and operations across…
Business
Singapore stocks snap 5-day winning streak on Tuesday; STI down 0.1%
Local stocks closed lower on Tuesday (Jun 10), ending five straight days of gains amid concerns that the US-China trade talks may not be…
Business
Top India dealmakers earn 37% more than Singapore peers
Senior dealmakers in India are earning more than their counterparts in Singapore and Hong Kong, according to Bloomberg Intelligence, as…