News

Bank of Japan’s Ueda keeps rate-hike pledge but warns of US tariff impact
[WASHINGTON] Bank of Japan (BOJ) governor Kazuo Ueda said on Thursday (Apr 24) that the central bank will continue to raise interest rates if underlying inflation converges towards its...
Intel delivers disappointing forecast, moves to slash jobs
[SAN FRANCISCO] Intel, the chipmaker attempting a comeback under new chief executive officer Tan Lip-Bu, gave a weak forecast for the current period and said it’s cutting workers to...
Europe: Stoxx 600 up as automakers, materials gain; Trump policy shifts in focus
[BENGALURU] European shares ended higher on Thursday (Apr 24), boosted by automakers and materials stocks, as investors digested a mixed set of corporate earnings and evaluated the ever-shifting US...
US: S&P 500 edges higher with trade negotiations, earnings in focus
Published Thu, Apr 24, 2025 · 09:48 PM[NEW YORK] The S&P 500 edged up at the open on Thursday (Apr 24), as investors assessed a bevy of mixed corporate...
Hong Kong bourse operator to shift headquarters in US$812 million deal
Published Thu, Apr 24, 2025 · 07:56 PM[HONG KONG] Hong Kong’s bourse operator will shift its headquarters, it said on Thursday (Apr 24) and will take over the top...
Nissan sees 750 billion yen loss as restructuring charges mount
[TOKYO] Nissan Motor said it will post a net loss of as much as 750 billion yen (S$6.9 billion) for the fiscal year that ended in March as restructuring...
Nestle sales rise on price hikes for coffee, cocoa products
[BERN] Nestle’s sales rose as the maker of Nespresso and KitKat candy bars increased prices to counter soaring costs for coffee and cocoa. Revenue grew 2.8 per cent on an...
Contributor: Is your favorite influencer’s opinion bought and sold?
Your addictive doomscrolling on X, TikTok or Instagram may also be the latest nexus for millions of dollars in secret political corruption.Over the last month, the problem has come...
Huawei raises record 20 billion yuan in Chinese debt issuance spree
[BEIJING] The parent of Huawei Technologies is tapping low borrowing costs in China’s credit market to raise a record amount of debt, as trade tensions with the US spur...
BNP looks past tariff slowdown fears after investment bank boost in Q1
FRANCE’S BNP Paribas reported first-quarter earnings in line with expectations thanks to rising sales at its investment bank, and stuck with its profit forecasts despite a deteriorating economic outlook...
Cars didn’t arrive after months – so Singapore dealer for China EV brand Neta closed: sources 
[SINGAPORE] The abrupt closure of Evology Automobile – the dealer/distributor for China automotive brand Neta – earlier this month happened because expected vehicle stock was not delivered, The Business...
Latest Singapore six-month T-bill cut-off yield falls to 2.38%
Demand shrinks with the auction receiving S$16.6 billion in applications for the S$7.4 billion on offer[SINGAPORE] The cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.38...