News
US: Stocks end mostly up as markets eye trade talks
Published Tue, Jun 10, 2025 · 06:11 AM[NEW YORK] Wall Street stocks edged higher on Monday as US and Chinese representatives held high-stakes trade talks and markets looked ahead to key economic...
Warner Bros plans to split streaming, cable TV businesses
[NEW YORK] Warner Bros Discovery is splitting itself into two publicly traded companies, one with its HBO Max streaming service, film and television business, and the other with its...
US: Wall Street opens higher as US-China trade talks begin
Published Mon, Jun 9, 2025 · 09:44 PMWALL Street’s main indexes opened higher on Monday as investors watched a fresh round of negotiations between the United States and China...
Kim Heng inks deal with Singapore Energy Interconnections on submarine power projects
This comes after Singapore Energy Interconnections’ other project to enable low-carbon electricity imports from Indonesia to Singapore[SINGAPORE] Offshore marine services contractor Kim Heng has inked an agreement with a...
EV maker VinFast’s Q1 loss widens on higher spending as deliveries rise
The firm continues to face challenges due to weak consumer demand, stiff competition, and 25% US tariffsPublished Mon, Jun 9, 2025 · 07:21 PM[BENGALURU] Vietnamese electric vehicle maker VinFast...
DBS tops US$100 billion market value in Singapore Exchange first
[SINGAPORE] DBS Group Holdings became the first listed company in Singapore to top US$100 billion in market value, helped by a softer US currency that amplified gains on the...
Xiaohongshu joins wave of Chinese firms releasing open-source AI models
[BEIJING] Xiaohongshu, also known as Rednote, one of the country’s most popular social media platforms, has released an open-source large language model, joining a wave of Chinese tech firms...
Shein and Reliance reportedly aim to sell India-made clothes abroad within a year
[MUMBAI/LONDON] Fashion retailer Shein and partner Reliance Retail plan to rapidly expand their Indian supplier base and start overseas sales of India-made Shein-branded clothes within six to 12 months,...
Bank of England risks repeat of Brexit pessimism as growth signals diverge
[LONDON] Bank of England (BOE) rate-setters risk underestimating the strength of the UK economy by placing too much faith in downbeat business surveys over official growth data.Governor Andrew Bailey...
Nomura to shut branch in China as it scales back wealth business
The closure comes four years after Nomura announced the opening of the office in late 2021, when it was pushing to expand in areas that are home to rich...
