News

US: Stocks dip after poor jobs data
Published Sat, Sep 6, 2025 · 06:05 AM[NEW YORK] Wall Street stocks finished lower on Friday (Sep 5) as markets grappled with worries about the latest weak US labour...
Google hit with 2.95-billion-euro EU antitrust fine over adtech practices
[BRUSSELS] Alphabet’s Google was hit with a 2.95-billion-euro (S$4.4 billion) EU antitrust fine on Friday (Sep 5) for anti-competitive practices in its lucrative adtech business, marking its fourth penalty...
Warner Bros. Discovery sues AI firm for Batman, Superman copyright infringement
Warner Bros. Discovery has joined a key copyright infringement case that could test the legal bounds of using artificial intelligence to create digital replicas of well-known characters. The company...
Biotech company Amgen set to build $600-million research center in Thousand Oaks
Biotech company Amgen is investing $600 million into a new research center for its Thousand Oaks campus. The new site will create hundreds of jobs and feature advanced automation...
Job cuts jump 66% year to date; DOGE, uncertainty and AI are major factors
Job cuts so far this year have already surpassed the total for 2024, as government cost-cutting, economic uncertainty and AI have prompted employers to reduce staff. California and the...
Nasdaq proposes tighter listing rules for thinly traded stocks, China-based firms
[NEW YORK] Exchange operator Nasdaq proposed on Wednesday (Sep 3) stricter listing standards, including a higher minimum public float for certain new listings and a faster process to suspend...
Chinese e-commerce giants rush to Europe as Trump upends trade
[LONDON] Some of China’s biggest e-commerce and logistics companies, such as JD.com, are making a beeline to Europe’s warehouses once again, as US President Donald Trump’s tariffs reshape manufacturers’...
Qatar Airways plans expansion of China passenger, cargo flights
Published Thu, Sep 4, 2025 · 12:10 PM[HONG KONG] Qatar Airways QCSC will expand passenger flights and beef up its air cargo business in China as it looks to...
KKR, Apollo fuel rush of private investment into Asia’s schools
[SINGAPORE] Private money is pouring into schools in Asia as investors seek to turn a profit on the growing demand for quality education.The booming market is increasingly catching the...
Alphabet’s stock climbs after judge rules Google won’t be forced to sell Chrome
When a federal judge deemed Google a “monopolist” last year, questions lingered about how he would help restore competition in online search.On Tuesday, U.S. District Court Judge Amit Mehta...
Unilever CEO plans shakeup of top 200 managers in overhaul
Published Wed, Sep 3, 2025 · 11:07 PM[LONDON] Unilever chief executive officer Fernando Fernandez expects to replace a quarter of the group’s top 200 managers following a performance review,...
Thai bonds defy global drop as political crisis fuels rate bets
[BANGKOK] Thailand’s deepening political crisis is insulating its bonds from the global rout, as growing expectations of further interest-rate cuts to support the sluggish economy boost demand for local...