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HSBC cuts equities team in Germany as CEO Georges Elhedery continues revamp
Europe’s largest financial institution has already culled dozens of analysts in its investment bank in the last couple of monthsPublished Sat, Jul 26, 2025 · 09:48 AM[LONDON] HSBC Holdings...
Intel plans to shed thousands of workers
Intel, once the most valuable U.S. chipmaker, faces an uphill battle as it tries to stay relevant in the artificial intelligence race. On Friday, Intel saw its stock drop...
Intel slumps as potential foundry exit deepens investor gloom
[NEW YORK] Intel shares sank 8 per cent on Friday (Jul 25) after the company warned of exiting chip manufacturing if it fails to secure a major customer, a...
As Binance stays and Tokenize leaves, Singapore’s crypto sector is seeing change
[SINGAPORE] Tokenize Xchange announced on Sunday (Jul 20) that it would exit Singapore after failing to secure a Major Payment Institution (MPI) licence, typically necessary for digital token service...
Christian Alabama School Teacher Arrested Over Lesbian Relationship with Student
A former Christian school teacher in Alabama was arrested last week for allegedly engaging in a lesbian relationship with an underage student.Sarah Huggins Logan, 35, who taught pre-K through...
JPMorgan raises STI target, upgrades real estate sector
[SINGAPORE] Analysts from JPMorgan raised their target on the Straits Times Index (STI), with a higher base and bull target of 4,500 and 5,000, respectively. They also reiterated that...
China’s 1.2 trillion yuan mega-dam project lifts metals markets, but not a quick fix for glut
[SINGAPORE] China’s launch of a 1.2 trillion yuan (S$218.5 billion) mega-dam project in Tibet has energised metal markets, though analysts warn its protracted timeline and China’s construction downturn will...
Asia: Markets turn lower as trade war rally fades
[HONG KONG] Asian stocks fell on Friday as their latest rally ran out of legs, with sentiment weighed by strong US jobs data that saw investors row back their expectations...
Skydance’s merger with Paramount Global wins FCC’s approval
PARAMOUNT Global’s merger with Skydance Media was approved by the US Federal Communications Commission, which backed the deal after the Trump administration extracted concessions on the news and entertainment...
Markets bet Beijing is getting serious about China’s overcapacity
[BEIJING] Commodity prices from steel to polysilicon have surged this month as Chinese investors bet Beijing is finally serious about addressing overcapacity across the world’s second-largest economy.Prices for nine...
Europe: Shares close higher after ECB leaves rates unchanged
EUROPEAN stocks closed higher on Thursday after the European Central Bank held interest rates steady as expected, while investors cheered strong earnings from major banks and easing trade tensions with the United...
GIC to expand AI use after initial trials to review deals yield positive results 
[SINGAPORE] Artificial intelligence (AI) will have a foundational impact on the world, and offers unparalleled opportunities for investments and operations, said GIC chief executive Lim Chow Kiat.As a result,...