News
Congressmen sound alarm over data privacy following 23andMe bankruptcy
Three congressmen from the House Committee on Energy and Commerce are raising concerns over data privacy weeks after the genetic testing company 23andMe filed for bankruptcy, putting millions of...
Google held a monopoly in online ad tech, U.S. judge finds
In another major legal blow to Google, a federal judge on Thursday ruled that the search giant held an illegal monopoly over some advertising technology.Judge Leonie Brinkema of the...
US dollar benefits from selling exhaustion, ECB cuts rates
[NEW YORK] THE US dollar rallied on Thursday (Apr 17) after its recent weakness across peer currencies appeared exhausted for the time being, while the euro weakened slightly after...
US: S&P 500, Nasdaq open higher; UnitedHealth weighs on Dow
Published Thu, Apr 17, 2025 · 09:44 PM[NEW YORK] The S&P 500 and the Nasdaq opened higher on Thursday (Apr 17), with focus on US-Japan tariff talks, while a...
ECB cuts rates again to help economy weather erratic US trade policy
[FRANKFURT] The European Central Bank cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already struggling eurozone economy that...
OCBC Centre is ‘anchor’ for the bank; no plans to sell heritage site: board chairman
[SINGAPORE] OCBC has no plans to sell its properties in Singapore’s central business district – and this includes the OCBC Centre, which has heritage value for the lender, said...
Singapore shares settle higher on Thursday; STI extends rally, up 1.6%
The benchmark index’s gains mirror major regional indices, such as the Kospi, which rose 0.9%[SINGAPORE] The Straits Times Index (STI) continued to rally on Thursday (Apr 17), tracking regional...
Tariff-fuelled volatility killing private equity optimism as deal flows squeezed
[SINGAPORE] In just three months, private equity markets’ initial optimism for a busier year has largely dissipated. Instead, the turmoil unleashed on global financial markets by President Donald Trump’s...
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows
[PARIS] France’s Hermes will fully shift the burden of tariffs in the US to its wealthy clientele, the company said on Thursday (Apr 17), as it posted first-quarter sales...
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
The Mumbai-based lender will issue 1.25 billion preference shares to the investorsPublished Thu, Apr 17, 2025 · 01:12 PM[MUMBAI] IDFC First Bank has approved a plan to raise 75...
