Entrepreneurship
Meta AI bot used a billion times monthly: Mark Zuckerberg
[SAN FRANCISCO] Meta chief Mark Zuckerberg touted the tech firm’s generative artificial intelligence (Gen AI) assistant on Wednesday, telling shareholders it is used by a billion people each month...
Sembcorp unit wins solar energy project to supply power in India
[SINGAPORE] Sembcorp Industries’ wholly owned renewables subsidiary, Sembcorp Green Infra, was awarded a build-own-operate solar energy storage hybrid project by SJVN, an Indian state-owned power company. Sembcorp Green Infra...
Singapore’s STI, Asia markets rise after US court blocks Trump’s reciprocal tariffs
[SINGAPORE] Singapore stocks rose on Thursday (May 29) morning, after a US trade court on Wednesday blocked US President Donald Trump’s “Liberation Day” tariffs from going into effect.As at...
Seatrium posts S$21.3 billion Q1 net orders
[SINGAPORE] Seatrium recorded net order book wins amounting to S$21.3 billion as at end-March, comprising 26 projects with delivery dates till 2031. Of these, nine are scheduled for delivery...
US to ban foreign officials over ‘flagrant censorship’ on social media
[WASHINGTON] The US will impose visa bans on foreign nationals it deems to be censoring Americans, Secretary of State Marco Rubio said on Wednesday, and he suggested the new policy...
Stocks to watch: CapitaLand Ascendas Reit, Seatrium, Sembcorp, mm2 Asia, Singapore Paincare
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (May 29).CapitaLand Ascendas Reit (CLAR): The company reported that it has raised S$500...
US firms plan to pass Trump tariff costs to consumers: Federal Reserve minutes
[WASHINGTON] US firms have warned the Federal Reserve that the cost of President Donald Trump’s tariffs will likely be borne by consumers, according to minutes of the bank’s most recent...
Factory that symbolised Nissan’s rise may become victim of its decline
[YOKOSUKA, Japan] When Nissan’s Oppama plant opened in 1961, it was one of Japan’s first large-scale auto factories and a symbol of the company’s global ambitions. Sixty-four years and...
Europe: Stocks close lower as caution lingers on US trade policy progress
EUROPE’S main stock index closed lower amid broader declines on Wednesday as investors monitored progress in trade negotiations with the United States and assessed a slate of economic data...
HP plunges after cutting profit outlook on tariffs, economy
[SEATTLE] HP dropped about 15 per cent in extended trading after the company’s profit outlook fell short of estimates and it cut the annual earnings forecast, pointing towards a...
