News

GM dodges tariffs with production shift to US from Mexico
Published Wed, Jun 11, 2025 · 07:39 AMGENERAL Motors plans to invest US$4 billion in its US plants over the next two years to boost output of some of...
Blackstone plans US$500 billion Europe investment: CEO
BLACKSTONE is planning to invest as much as US$500 billion in Europe over the next 10 years, underlining the continent’s growing appeal to investors during a period of geopolitical...
Wearing a computer on your face? Snap looks to take on rivals with new augmented reality glasses
For years, Snap has envisioned a future where people wear glasses to view and interact with computer-generated images without having to scroll through their smartphones.The Santa Monica-based tech company...
Netflix to invest 1 billion euros in Spain productions to 2029
Published Tue, Jun 10, 2025 · 11:12 PM[MADRID] US streaming giant Netflix said on Tuesday (Jun 10) it was going to invest more than 1 billion euros (S$1.47 billion)...
US: Wall St muted at open as US-China trade talks in focus
Published Tue, Jun 10, 2025 · 09:54 PM[NEW YORK] Wall Street’s main indexes opened subdued on Tuesday (Jun 10) as investors awaited the outcome of ongoing trade talks between...
Societe Generale becomes first major bank to launch dollar-pegged stablecoin
[PARIS] France’s Societe Generale said on Tuesday (Jun 10) it plans to launch a publicly tradable, dollar-backed stablecoin through its digital asset subsidiary, making it the first major bank...
Australia regulator trials faster IPO process as listings hit decade low
[SYDNEY] Australia’s securities regulator said on Tuesday (Jun 10) it would trial changes to speed up initial public offerings that are at a decade low by implementing recommendations from...
Thai tech services outlook remains positive amid recession fears: Analyst
[SINGAPORE] Maybank Securities has sounded a positive note for the outlook for the Thailand technology services sector, on the back of support from the banks and government. In a...
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
[SINGAPORE] DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a stronger and more...
Bank of Japan vows to keep raising rates if underlying inflation accelerates
Published Tue, Jun 10, 2025 · 10:57 AM[TOKYO] Bank of Japan Governor Kazuo Ueda on Tuesday stressed anew the central bank’s readiness to keep raising interest rates if underlying...
Huawei chips are one generation behind US but firm is finding workarounds: CEO
Published Tue, Jun 10, 2025 · 10:00 AM[BEIJING] Huawei Technologies’ chips are one generation behind those of US peers but the firm is finding ways to improve performance through...
New Zealand finance minister would like RBNZ to return to eight meetings a year
Published Tue, Jun 10, 2025 · 06:53 AM[WELLINGTON] New Zealand’s Finance Minister Nicola Willis said on Tuesday that she would like New Zealand’s central bank monetary policy committee to...