News
China’s Ant plans to list overseas unit in Hong Kong: report
Published Sun, May 4, 2025 · 06:57 PM[HONG KONG] Ant, an affiliate of China’s e-commerce giant Alibaba, plans to list its overseas arm, Ant International, on the Hong Kong...
Apple has made splashy bets in Hollywood. Are they paying off?
In the first episode of the Apple TV+ show “The Studio,” Oscar-winning director Martin Scorsese sells his script to the fictional Continental Studios, only to be told later by...
Big Oil isn’t budging on output as Opec+ supply hike looms
The largest western oil producers are mostly sticking with their growth plans for now, despite a 16 per cent decline in crude prices during April and a decision by...
Etihad is squeezing outsized luxuries into its smallest aircraft
[DUBAI] When Etihad Airways received its first Airbus A380 jets a good decade ago, the airline furnished the front of the giant double decker with a veritable luxury playground...
Opec+ agrees another accelerated oil output hike for June
[LONDON/DUBAI] Opec+, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, has agreed to accelerate oil production hikes for a second consecutive month, raising...
India’s largest bank plans to raise 250 billion rupees in share sale
[MUMBAI] State Bank of India, or SBI, plans to raise 250 billion rupees (S$3.8 billion) through new shares and this fiscal year, marking the first equity raising by the...
Apple eases App Store rules under court pressure
[CUPERTINO] Apple on Friday (May 2) relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap the benefit.Apple’s update to...
Shein’s London IPO stalled amid US tariff fallout
[HONG KONG] Shein Group’s initial public offering (IPO) plan has slowed to a crawl as the retailer assesses the impact of US tariffs on its business and awaits regulatory...
Tiny logistics firm’s shares surge on plan to buy Trump Coin
Published Sun, May 4, 2025 · 09:00 AM[NEW YORK] A small logistics company’s plan to hold US President Donald Trump’s memecoin as a treasury asset is fuelling its blistering...
Warren Buffett’s favourite valuation indicator flashes buy signal
[NEW YORK] A key valuation metric touted by legendary investor Warren Buffett is signalling that equities are relatively cheap, bolstering the case that the sizzling rebound in US stocks...
