News
Cyberattacks blight Britain’s retailers as M&S, Co-op’s systems’ breached
[LONDON] Britain’s Marks & Spencer (M&S) entered a second week unable to take online orders on Friday (May 2) following a major cyberattack, while food retailer the Co-op Group...
US: Wall Street stocks buoyed by strong economic data, possible US-China trade talks
[NEW YORK] Wall Street stocks advanced on Friday (May 2), notching the second straight week of gains, helped by strong economic data and potential easing of trade tensions between...
How a judge’s scathing rebuke to Apple could change the app store
SAN FRANCISCO — Apple Inc. suffered a major blow this week when a federal judge ruled that the iPhone maker violated a court order to stop charging commission fees for...
TikTok fined 530 million euros in EU over China data transfer
[DUBLIN] TikTok was hit with a massive EU fine of 530 million euros (S$779 million) on Friday (May 2), accused of sending personal data of Europeans to China and...
Nvidia is working on China-tailored chips again after US export ban: The Information
The chip giant has told customers that a sample of the new chip will be available as soon as JunePublished Fri, May 2, 2025 · 10:19 PM[BENGALURU] Nvidia has...
HSBC warns trade turmoil poses serious risks to global growth
[LONDON] Shifting global trade relations have increased economic uncertainty with serious risks to growth, making it difficult for international banks to provide the medium term outlook effectively, HSBC chairman...
CICT sells stake in CapitaSpring serviced residence component for S$37.8 million
[SINGAPORE] The manager of CapitaLand Integrated Commercial Trust (CICT) on Friday (May 2) announced the sale of its stake in the serviced residence component of CapitaSpring.CICT owns a 45...
Singapore shares close higher ahead of GE2025; STI up 0.3%
[SINGAPORE] Stocks on the local bourse ended higher on Friday (May 2), a day before Singaporeans head to the polls.The Straits Times Index (STI) gained 0.3 per cent or 12.63...
Shell Q1 profit drops 28%, beats estimates, keeps share buybacks steady
[LONDON] Shell reported a 28 per cent drop in first-quarter net profit to US$5.58 billion on Friday (May 2), beating analyst expectations, while it held steady the pace of...
AirAsia-owner Capital A eyes Hong Kong listing
[BENGALURU] Malaysia’s Capital A, the owner of budget carrier AirAsia, said on Friday (May 2) it was exploring listing on the Hong Kong stock exchange, as it looks to...
