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Starship megarocket blows up over Indian Ocean in latest bumpy test
SpaceX’s prototype Starship exploded over the Indian Ocean on Tuesday, capping another bumpy test flight for the rocket central to…
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Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad
Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47 per cent to 14.7 billion yuan (S$2.6 billion) as its domestic…
Business
US warns Pirelli risks restrictions due to Chinese investor
The US government warned Italy’s Pirelli & C that vehicles containing its advanced sensors technology could be restricted from sale in…
Business
New Zealand central bank cuts cash rate by 25 bps
New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 3.25 per cent on Wednesday, as policymakers sought…
Business
UBS’s Iqbal Khan sees rich customer demand for alternative assets
Wealthy customers of UBS Group are looking to buy more alternative assets as they seek to diversify investments during a volatile period…
News
Secret Service officers suspended after on-duty "altercation"
Two Secret Service officers have been suspended following an "on-duty altercation" last week, the agency told Newsweek. Why It Matters The…
News
Old clip from Yemen passed off as visuals from India-Pakistan conflict
Decade-old footage of a massive explosion has circulated in social media posts falsely claiming it shows an Indian attack on a nuclear…
Business
Phillies Trade Idea Dumps 'Expendable' All-Star for Upgrade From Yankees
By Aaliyan Mohammed is a Newsweek contributor based in Atlanta, GA. His focus is MLB content. Aaliyan has been with Newsweek since 2024…
Business
CapitaLand Ascendas Reit to buy Tai Seng data centre, Science Park building for S$700.2 million
CapitaLand Ascendas Real Estate Investment Trust (Clar) has entered conditional agreements to acquire two prime properties to expand its…
Business
Australia: Shares at 3-month high ahead of inflation data; RBNZ decision in focus
AUSTRALIAN shares climbed on Wednesday, reaching their highest levels in more than three months, supported by strength in banking and…
Business
Gold stages rebound as US dollar, Treasury yields slip
Gold prices gained on Wednesday (May 28), helped by a slight retreat in the US dollar and lower US bond yields as investors await a US…
News
SingHealth Duke-NUS’ AI spinoff inks MOUs with Roche, ST Engineering to improve healthcare operations
Enigma Health, a healthcare artificial intelligence (AI) spinoff from SingHealth Duke-NUS Academic Medical Centre, has inked separate…
Culture
Jafar Panahi’s Cannes Triumph Sends a Warning to Authoritarians Everywhere
When “It Was Just an Accident,” a new movie from the Iranian director Jafar Panahi, won the Palme d’Or at the Cannes Film Festival, on…
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Namibia to mark colonial genocide for first time with memorial day
Dubbed "Germany's forgotten genocide", and described by historians as the first genocide of the 20th Century, the systematic murder of…
Business
Nomura faces rare vote over shareholder’s name-change proposal
Nomura Holdings has received a shareholder proposal that it will put to a vote for the first time in 13 years at a general meeting next…
Business
Stocks to watch: OCBC, Amara, Valuetronics
The following companies saw new developments that may affect trading of their securities on Wednesday (May 28): OCBC: The bank announced…
Business
Valuetronics posts 3.1% higher H2 profit of HK$79.9 million
Electronics manufacturing services provider Valuetronics on Wednesday (May 28) posted net profit of HK$79.9 million (S$13.1 million), up…
Business
Salesforce to buy Informatica for US$8 billion to bolster AI data tools
Salesforce said on Tuesday (May 27) it would buy Informatica for about US$8 billion, betting on the data management platform to sharpen…
Politics
Trump admin accuses NC of violating federal election law in new lawsuit
The Trump administration's Justice Department filed a federal lawsuit Tuesday accusing North Carolina's election board of violating…
Politics
US solar makers see tariff loophole for Asian competitors
Companies including Hanwha Q Cells and First Solar have blamed a surge of discounted imports from South-east Asia for making it difficult…
Business
GM to invest US$888 million for engine production at New York facility
General Motors is investing US$888 million at a New York propulsion plant to increase engine production and build a next-generation V8,…
Politics
Trump vows pardon for reality-star family the Chrisleys
The White House announced that reality TV stars Julie and Todd Chrisley will be receiving pardons from President Trump. Source link
Business
Toyota sends first half of US$500 million pledge to air taxi maker
Joby says recently it now aims to start commercial services in Dubai by early 2026 after having previously targeted the end of this year…
News
Brazilian prosecutors sue Chinese carmaker BYD over labour conditions
Brazilian labour prosecutors have filed a lawsuit against the Chinese auto manufacturer BYD and two contractors over allegations of…