News
Bank of Japan policymaker rules out intervention to stem bond yield spike
[TOKYO] Bank of Japan board member Asahi Noguchi said on Thursday (May 22) he saw no need for the central bank to intervene in the bond market to stem...
Ringgit may gain most in South-east Asia on exporter conversion
[HONG KONG] Malaysia’s ringgit stands to gain the most among its South-east Asian peers if the nation’s exporters convert their overseas earnings to the local currency, thanks to the...
Singtel initiates its first share buyback programme of up to S$2 billion; incorporates cloud business
The buyback will be delivered over the course of three years until financial year 2028 and involves the purchase of shares in the open market that will subsequently be...
Stocks to watch: Singtel, CapitaLand Ascott Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (May 22).
Singtel: The telco giant returned to the black with a net profit...
Zoom lifts annual forecasts on robust demand amid AI push
Published Thu, May 22, 2025 · 07:13 AMZOOM Communications raised its annual revenue forecast on Wednesday, benefiting from hybrid work trends and the integration of artificial intelligence into its...
OpenAI teams up with former Apple design chief Jony Ive as AI race heats up
Jony Ive, a former Apple executive known for designing the iPhone, is joining forces with OpenAI, the San Francisco startup behind popular chatbot ChatGPT.On Wednesday, OpenAI said it’s buying...
Surge AI is latest San Francisco startup accused of misclassifying its workers
Artificial intelligence training company Surge AI has been hit with a lawsuit alleging it has misclassified contractors hired to improve chat responses from AI software for some of the...
Contributor: Why is the GOP resisting Chinese investment in the U.S.?
The United States and China are locked in a standoff with no resolution in sight. The U.S. wants to reshore manufacturing, and China wants to sell its manufactured products...
US: Wall Street opens lower with focus on Trump’s tax Bill
Published Wed, May 21, 2025 · 09:42 PM[NEW YORK] Wall Street’s main indexes opened lower on Wednesday (May 21), as investors awaited the outcome of a pivotal debate around...
DBS’ Tan Su Shan ranked sixth in Fortune’s list of the most powerful women in business
[SINGAPORE] Tan Su Shan, chief executive officer of DBS, has been named the sixth most powerful woman in business in Fortune magazine’s 2025 100 Most Powerful Women in Business...
