News

US Fed is set for contentious debate as investors eye fall rate cut
[NEW YORK] US Federal Reserve officials are determined to hold interest rates steady a little while longer, though an increasingly contentious debate at this week’s policy meeting may bolster...
Indian tech company TCS to cut workforce by 2%, affecting more than 12,000 jobs
Published Sun, Jul 27, 2025 · 07:23 PM[BENGALURU] India’s largest IT services provider Tata Consultancy Services will reduce its workforce by 2 per cent in its 2026 financial year,...
Tata Consultancy Services to cut workforce by 2%, affecting more than 12,000 jobs
Published Sun, Jul 27, 2025 · 07:23 PM — Updated Sun, Jul 27, 2025 · 08:31 PM[BENGALURU] India’s largest IT services provider Tata Consultancy Services (TCS) will reduce its...
American  Airlines’ new Airbus jet grounded by supply chain issue
The aircraft is part of American’s plan to increase its long-haul fleet to 200 in 2029 from about 125 todayPublished Sat, Jul 26, 2025 · 11:47 AM[TEXAS] American Airlines...
LVMH in talks to offload fashion label Marc Jacobs: sources
[NEW YORK] French luxury goods group LVMH is in discussions with multiple buyers to offload its fashion label Marc Jacobs, sources familiar with the matter told Reuters on Friday...
iFast posts 37.9% rise in Q2 net profit to S$22.1 million
[SINGAPORE] Digital bank and wealth management platform iFast Corp reported a 37.9 per cent increase in net profit for the second quarter ended June to S$22.1 million, from S$16...
‘Call of Duty’ maker goes to war with ‘parasitic’ cheat developers in L.A. federal court
Two summers ago, the Santa Monica-based company behind the popular video game “Call of Duty” sent a letter to a 24-year-old man in Antioch, Tenn., who went by the...
Tech firms to showcase AI innovations in a China under US sanctions
[SHANGHAI] Tech firms huge and small will converge in Shanghai this weekend to showcase their artificial intelligence innovations and support China’s booming AI sector as it faces US sanctions.Chinese...
Most Singaporeans are unprepared and underinsured for long-term care: Singlife
[SINGAPORE] Only one in three Singaporeans have taken out additional insurance to cover the cost of long-term care, and more than half of them underestimate actual expenses, revealed a...
Sony buys stake in ‘Gundam’ owner to grow anime business
Published Fri, Jul 25, 2025 · 11:34 AM[TOKYO] Sony has bought a strategic 2.5 per cent stake in Japanese game franchise giant Bandai Namco, which owns Gundam and arcade...
China Reits see ‘significant turnaround’, with growth outpacing regional peers: Aprea
[SINGAPORE] Chinese real estate investment trusts, or C-Reits, have outpaced some of their regional peers, including Singapore’s, in the first half of this year. The performance of C-Reits this...
China Reits see ‘significant turnaround’, with growth outpacing regional peers: Aprea
[SINGAPORE] Chinese real estate investment trusts, or C-Reits, have outpaced some of their regional peers, including Singapore’s, in the first half of this year. The performance of C-Reits this...