News
Indonesia says UAE’s Emirates Global Aluminium plans nuclear power plant
UAE firm Emirates Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the Indonesian economic affairs ministry said...
South Korea’s tech exports lose growth momentum as risks rise
The outlook for chip sales is turning less optimistic this year as growth in shipments has slowed in recent monthsSOUTH Korea recorded a contraction in technology exports for the...
Ron Sim’s Osim overhauls product details after competition watchdog raises concerns
THE Competition and Consumer Commission of Singapore (CCCS) received a complaint in 2021 from a customer who purchased an Osim product and realised it was not suitable for use...
Gold inches up on trade war fears, inflation data on tap
GOLD prices edged up on Thursday (Feb 13), as markets tracked developments in US President Donald Trump’s tariff plans, which could ignite a global trade war, while investors awaited...
Nissan and Honda set to update on relationship after merger talks stall
After backing away from merger talks, Nissan is now open to working with new partners, with Taiwan’s Foxconn seen as one candidateNISSAN and Honda are expected to lay out...
Meta accounting move on AI servers to boost profit this year
META Platforms made a small change last month that’s likely to increase the company’s profit by billions of US dollars this year. It was not the release of a...
Robinhood revenue doubles, fuelled by surge in crypto trading
ROBINHOOD Markets reported revenue that more than doubled as the online-trading firm was buoyed by crypto-market transactions around the US presidential election.Revenue grew to US$1.01 billion in the quarter,...
Chevron to lay off up to 20% of global workforce
CHEVRON will lay off 15 to 20 per cent of its global workforce by the end of 2026, the US oil company said on Wednesday (Feb 12) as it...
Europe: Shares end at record peak on earnings boost; tariffs eyed
EUROPEAN shares eked out an all-time high on Wednesday (Feb 12), as investors cheered earnings reports from Heineken and ABN Amro, although some caution around US inflation data and...
Sorry, T-bills. It’s time now to look elsewhere for yields
INTEREST in Singapore’s Treasury bills (T-bills) surged over the past two years, as rising interest rates elevated demand for yield and stable returns.
T-bills also found favour as investors sought...
