News

US: Wall Street opens higher as markets await trade talks
Published Wed, Jul 9, 2025 · 09:48 PM[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Jul 9), as investors shrugged off President Donald Trump’s aggressive tariff moves...
SGX securities turnover up 23% in June, bringing financial year’s gain to 28%
[SINGAPORE] The operator of the local stock market reported gains in the trading value and volumes of its key products in June, which contributed to the Singapore Exchange (SGX)...
Australia’s Telstra to axe 550 roles in enterprise business overhaul
Published Wed, Jul 9, 2025 · 07:42 PM[SYDNEY] Telstra Group, Australia’s top telecom operator, said on Wednesday (Jul 9) that it plans to lay off 550 employees as part...
Soilbuild Construction signs new contracts totalling S$178.6 million
The builder says the deals enhance revenue visibility and took its order book to around S$1.21 billion as at end-May[SINGAPORE] Soilbuild Construction said it has secured new contracts with...
Contributor: The human brain doesn’t learn, think or recall like an AI. Embrace the difference
Recently, Nvidia founder Jensen Huang, whose company builds the chips powering today’s most advanced artificial intelligence systems, remarked: “The thing that’s really, really quite amazing is the way you...
JPMorgan to open bigger Amsterdam office after desk shortage
[AMSTERDM] JPMorgan Chase will soon open a new office in Amsterdam after an expansion in the region coupled with the bank’s stricter return-to-office mandate left the biggest Wall Street...
Qantas confirms personal data of over a million customers leaked in breach
The breach represents Australia’s most high-profile cyberattack since telco giant Optus and health insurer Medibank were hit in 2022Published Wed, Jul 9, 2025 · 03:42 PM[SYDNEY] Australia’s Qantas Airways...
DBS, Singtel help lift Temasek’s portfolio to record S$434 billion
[SINGAPORE] Temasek posted a record net portfolio value (NPV) of S$434 billion for the financial year ended Mar 31, driven by the strong performance of its Singapore-based portfolio companies...
Surging UK shipping costs threaten to deliver a new price shock
[LONDON] The cost of shipping goods from China to the UK has surged due to ripple effects of the US trade war, threatening to push up consumer prices and...
Hospital operator IHH eyes Indonesia, Vietnam for expansion
[KUALA LUMPUR] IHH Healthcare is looking to potential new markets Indonesia and Vietnam as the Malaysian hospital operator continues building scale to offset rising healthcare costs in the region....
Bank of America loses crisis-era backer after Kuwait sells US$3 billion stake
[NEW YORK] First, it was Warren Buffett. Now, another key Bank of America (BOA) investor that stood by it since the worst days of the 2008 financial crisis is...
Preliminary report in Air India crash expected to be released by Friday, sources say
A PRELIMINARY report into the crash of an Air India jetliner that killed 260 people in June is expected to be released by Friday, a step that could provide...