News
UOB aims to double wealth income to at least S$2.5 billion by 2030; Q1 profit slips 4%
CEO Wee Ee Cheong says the completion of its Citi integration gives the bank a ‘long runway’ for organic wealth growth across Asean[SINGAPORE] UOB has set a target of...
China’s Midea Group raises US$2.2 billion in convertible bond sale
Bonds that convert into stock find a sweet spot when interest rates and volatility are highPublished Thu, May 7, 2026 · 06:56 AM[HONG KONG] Chinese appliance maker Midea Group...
Europe’s Stoxx 600 up over 2% on Iran deal optimism; earnings in focus
Money markets are currently pricing in a 67.6% chance that the European Central Bank hikes rate at its June meetingPublished Thu, May 7, 2026 · 05:33 AM[BENGALURU] Europe’s Stoxx...
If you’re an iPhone user, you could get $95 from this Apple settlement
Some iPhone users could be eligible to collect up to $95 per device as part of a settlement over allegations that Apple misled consumers about the abilities of its...
Crypto exchange Coinbase to lay off 14% of staff as AI reshapes work
Cryptocurrency exchange Coinbase said it’s slashing roughly 14% of its workforce or about 700 workers, partly because artificial intelligence is reshaping the way people work.“The biggest risk now is...
Google, Nvidia and other tech titans sign AI deal with the Pentagon
Eight technology companies, including Google, Nvidia and SpaceX, have struck deals with the Pentagon to help the U.S. military gain an edge on the battlefield.“These agreements accelerate the transformation...
California billionaire tax proposal attracts 1.5 million signatures. Here’s what happens next
California, home to the ultra-rich in Silicon Valley and Hollywood, is embroiled in a heated fight over whether to tax billionaires to fund healthcare.This week, supporters of the proposed...
Taylor Swift seeks further protections for her voice and likeness with new trademark filings
Taylor Swift is entering her trademark era.The global pop star’s company, TAS Rights Management, filed three new trademark applications last week, per the U.S. Patent & Trademark Office. Two...
OpenAI CEO Sam Altman apologizes for not alerting police about Canada shooting suspect
OpenAI Chief Executive Sam Altman apologized to a Canadian community for failing to alert police about a mass shooter’s conversations with its chatbot. Authorities said Jesse Van Rootselaar, 18,...
Commentary: This year’s Met Gala proved one thing: The real devil who wears Prada is Jeff Bezos