News

Singapore stocks end higher amid mixed regional showing; STI up 0.2%
[SINGAPORE] Singapore stocks closed higher on Monday (May 18), with a mixed performance in regional markets amid escalating geopolitical tensions and a surge in oil prices.The benchmark Straits Times...
AI has invaded the L.A. mayor’s race. Some fear it’s just the beginning
The Hollywood sign is ablaze as Spencer Pratt, the reality TV star now running for mayor of Los Angeles, suits up as Batman, enters City Hall and leads the...
Grab, Sea lean on affordability, subscriptions to defend growth amid macroeconomic headwinds
Even as consumer spending comes under pressure, both companies have maintained their 2026 guidance Source link
Trump’s Q1 trades include Nvidia, Apple, Amazon and a US$600 million sushi chain
The filing shows the US president or his investment advisers made more than 3,700 trades in the first quarterPublished Mon, May 18, 2026 · 03:13 PM[NEW YORK] Among US...
Samsung Electronics and union extend talks to avert strike
A walkout by more than 45,000 workers could hit South Korea’s economy and disrupt global supply chainsPublished Mon, May 18, 2026 · 01:38 PM — Updated Mon, May 18,...
Australia orders Chinese investors to sell stakes in rare earths firm over national security
Five of them are registered in China or Hong Kong and one in the British Virgin IslandsPublished Mon, May 18, 2026 · 11:35 AM[SYDNEY] Australia’s government has ordered the...
Gamers, developers protest Saudi Arabia Public Investment Fund’s bid to acquire Electronic Arts
As Electronic Arts moves closer to closing a sale of the gaming company to Saudi Arabian investors, it’s facing backlash from a group of protestors who are calling it...
Demi Moore says Hollywood has to ‘find ways’ to work with AI, not fight it
Demi Moore is weighing into the debate over Hollywood should respond to the growing influence of AI, saying performers need to embrace the technology.“I always feel that against-ness breeds...
Trump-Xi summit in Beijing: What’s at stake
BEIJING — President Trump’s first visit to China in nine years is a high-stakes trip reflecting the rivalry and mutual dependence of two superpowers hoping to avoid a collision course —...
Oversight chair seeks information from OpenAI’s Sam Altman about potential financial conflicts
WASHINGTON — The chair of the House Oversight Committee has sent a letter to OpenAI Chief Executive Sam Altman requesting information about potential conflicts of interest between Altman’s personal investments and...
Fox Corp beats third-quarter revenue estimates on strong ad sales from news, sports
It reports revenue of US$3.99 billion, against analysts’ average estimate of US$3.82 billionPublished Mon, May 11, 2026 · 09:30 PM[BENGALURU] Fox Corporation beat Wall Street estimates for third-quarter revenue...
Isca panel urges firms to ditch boilerplate guidance, bridge trust gap
Acknowledging uncertainties with the right assumptions can build credibility with investors[SINGAPORE] Building trust with investors requires clarity, as well as a stronger alignment between business strategy and finance teams,...