News
Singapore dollar surges against US dollar as Asia currencies rally on trade hopes
[SINGAPORE] Asian currencies rallied on Monday (May 5) on hopes of a thaw in the US-China trade war and regional tariff deals with the Trump administration. Taiwan led the charge,...
Netflix co-CEO says India investment has had US$2 billion impact
The world’s largest video streaming platform has been consolidating its position as a premium service in the US$28 billion Indian media and entertainment marketPublished Mon, May 5, 2025 ·...
Wing Tai’s Amara foray may not help its own minorities
[SINGAPORE] Minority shareholders of hotel and property group Amara Holdings who did not accept an earlier offer by Amethyst Assets, which closed in early 2024, have reason to cheer....
Trump rules out firing Powell while pushing him to cut rates
[BRUSSELS] US President Donald Trump insisted he does not plan to fire Federal Reserve chair Jerome Powell despite his sustained criticism over the pace of interest rate cuts.“Why would...
BHP partner says Filo copper discovery is largest in 30 years
Copper mines are getting harder and much more costly to develop, even as global demand for the metal is projected to increase given its role in the energy transitionPublished...
New Zealand central bank sees AI adoption posing risk to financial stability
Published Mon, May 5, 2025 · 09:01 AM[WELLINGTON] The rapid acceleration of artificial intelligence adoption in financial services presents a risk to financial stability, the Reserve Bank of New...
US prepares air-traffic overhaul as vulnerabilities rock Newark
[WASHINGTON] The Trump administration’s plan to modernise the ageing US air traffic-control system has gained fresh urgency after vulnerabilities with the existing system pushed United Airlines Holdings to cut...
Indonesia seen to cut rate twice this year amid US tariff talks
[JAKARTA] Indonesia’s central bank is expected to resume monetary easing after holding its rate unchanged for three consecutive meetings, moving to bolster economic growth against the backdrop of rising...
‘Set up the robot and go for coffee’: ISOTeam bets on automation in its next stage of growth
[SINGAPORE] Anthony Koh may already be 59 years old, but the chief executive officer of ISOTeam is still enrolling himself in artificial intelligence (AI) courses. The head of the...
CEOs celebrate Warren Buffett as he calls a close on 5,500,000% run
[NEW YORK] Apple’s Tim Cook called him inspiring. Bank of America’s Brian Moynihan praised his lessons on life and business. JPMorgan’s Jamie Dimon said he’s “everything that is good...
