News
Salesforce is back in talks to acquire Informatica
[NEW YORK] Salesforce is in talks to acquire software company Informatica, rebooting a pursuit that fell through last year, sources familiar with the matter said. If a deal is...
Oracle to buy US$40 billion of Nvidia chips for OpenAI’s US data centre: report
[BENGALURU] Oracle will spend around US$40 billion on Nvidia’s higher-performance chips to power OpenAI’s new US data centre, the Financial Times (FT) reported on Friday (May 23).The data centre,...
US Justice Department reaches deal with Boeing to allow planemaker to avoid prosecution
[WASHINGTON] The US Justice Department (DOJ) said on Friday (May 23) it has struck a deal in principle with Boeing to allow it to avoid prosecution in a fraud...
Trump shocks with US Steel-Nippon approval but details elusive
[NEW YORK] US President Donald Trump on Friday (May 23) announced a partnership between United States Steel and Japan’s Nippon Steel, shocking markets with an agreement he said would...
Europe: Stocks close week lower on Trump’s EU, Apple tariff threats
[BENGALURU] European shares closed sharply lower on Friday (May 23) after US President Donald Trump ramped up threats of tariffs on the European Union and smartphone giant Apple, reigniting...
Apple is back in Trump’s crosshairs over where iPhones are made
Apple Chief Executive Tim Cook can’t seem to catch a break.Last month, Apple appeared to secure a major win when the Trump administration agreed to remove tariffs on certain...
US: Wall St falls at open after Trump threatens EU, Apple with fresh tariffs
Published Fri, May 23, 2025 · 09:40 PM[NEW YORK] Wall Street dropped at the open on Friday (May 23) after US President Donald Trump recommended 50 per cent tariffs...
Trust Bank’s FY2024 loss narrows to S$93.4 million
Deposit balances double to S$3.8 billion, from S$1.9 billion a year ago, attributable to the launch of Trust+[SINGAPORE] Trust Bank on Friday (May 23) reported a loss of S$93.4...
Foxconn among potential bidders for Singapore chip assembly firm UTAC in US$3 billion deal: sources
[HONG KONG] Taiwan’s Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that could value the company at about US$3...
Great Eastern gets another extension to Jun 8 to announce plan to restore free float
It will update shareholders on the finalised proposal shortly, no later than Jun 8[SINGAPORE] Great Eastern Holdings has been granted yet another extension of time to comply with free...
