News
Gold pulls back after record high on firm US dollar, Trump’s China remarks
Markets are pricing in a 25-basis-point cut at the Federal Reserve’s October meeting and another in December[BENGALURU] Gold prices fell more than 2 per cent on Friday (Oct 17)...
More ECB rate cuts increasingly unlikely, Wunsch says
[WASHINGTON] The chances of further interest rate cuts from the European Central Bank (ECB) are declining, given the economy’s resilience and inflation holding around the 2 per cent target,...
Chinese milk tea brands are offering a playbook for South-east Asia’s next consumer wave
FOR years now, many have wondered whether Luckin Coffee would topple Starbucks as the world’s coffee chain of choice. Luckin has surpassed Starbucks in both revenue and store count...
Comedians cancel Dreamforce performance after Benioff draws backlash for Trump support
Comedians Kumail Nanjiani and Ilana Glazer dropped out of performing at Salesforce’s annual tech conference this week after the company’s chief executive Marc Benioff made controversial remarks that showed...
F1 races to air exclusively on Apple TV next year
F1 races are exclusively coming to Apple TV next year as part of a five-year deal announced Friday between the tech giant and Formula 1. Apple TV subscribers in...
Trafigura acquires warehousing firm Grafton’s Singapore business
The deal marks the metal trader’s return to the London Metal Exchange warehousing industry[SINGAPORE] Trafigura Group has acquired a metals warehousing firm with sizable operations in Singapore, as a...
Parkway Life Reit appoints Robin Hu as board chairman, Eng-Kwok Seat Moey as independent director
[SINGAPORE] The manager of Parkway Life Real Estate Investment Trust (Reit) has appointed a new chairman and an independent director to its board, it said on Friday (Oct 17)....
Micron to exit China server chip market after failing to recover from 2023 ban: sources
The ban on Micron products in critical infrastructure has shut the company out of the country’s data centre expansion boom[SEOUL/SHANGHAI] Micron plans to stop supplying server chips to data...
Microsoft wants us talking to Windows 11 with new AI features
[WASHINGTON] Microsoft is trying to get people to talk to their computers, betting that voice and artificial intelligence software is powerful enough to make such interactions as effective as...
PropNex says S$849,287 lawsuit against its unit has been withdrawn
It added that this is not expected to have a material impact on its financial position and performance for the financial year ending Dec 31[SINGAPORE] A lawsuit against PropNex...
