News
Tesla prepares to deploy long-awaited FSD features in China
TESLA is readying a software update for customers in China to offer driver-assistance capabilities similar to those marketed as Full Self-Driving (FSD) in the US, according to a source...
Apple to hire 20,000 people, invest $500 billion in the U.S. amid Trump tariffs
Apple said Monday it plans to invest $500 billion in the United States, hire 20,000 people and open a new manufacturing factory in Texas over the next four years.“We...
US: Wall St rebounds after last week’s selloff
Wall Street’s main indexes opened higher on Monday (Feb 24), rebounding from a sharp selloff in the previous week, while Apple edged up in choppy trading after the iPhone...
Yangzijiang Financial H2 earnings soar to S$197.3 million
INVESTMENT management firm Yangzijiang Financial reported a net profit of S$197.3 million in the second half ended Dec 31, 2024, an increase of about four times from S$39.3 million...
Singapore shares slip on Monday after MAS unveils stock market measures; STI down 0.1%
Across the broader market, gainers beat losers 298 to 286, after 1.4 billion securities worth S$1.7 billion change hands SINGAPORE stocks closed marginally lower at the end of the...
Adani plans 1.1 trillion rupees of new investments in India growth push
Billionaire Gautam Adani said his group is planning more than 1.1 trillion rupees (S$17 billion) of new investments in India, signalling the conglomerate’s focus on growing in its home...
DBS CEO Piyush Gupta sees job cuts of 4,000 temp staff as AI replaces roles
DBS Group Holdings plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial intelligence increasingly takes on roles carried out...
Singapore Reits need more support in wake of Paragon Reit’s proposed privatisation
Privatisations make sense when trusts have poor liquidity and face constraints in upgrading assetsIF INTEREST rates do not fall much further, equity fund-raising in the Singapore-listed real estate investment...
Trump U-turn on NYC’s congestion pricing programme could dampen ST Engineering sentiment, but limited impact expected
THE Trump administration reversed federal approval for New York City’s congestion pricing programme on Feb 19. Even though ST Engineering’s subsidiary in the US, TransCore, runs the contract, analysts...
Vietnam adds to global steel turmoil with tariffs hitting China
Outside China itself, Vietnam is the biggest single buyer of Chinese steel, and hot-rolled coil is a major export productVIETNAM will impose anti-dumping tariffs on steel from China, following...
