News
Toyota sees 20% drop in annual profit as Iran war weighs
The world’s top-selling automaker expects an operating income of 3 trillion yen in the year to March 2027Published Fri, May 8, 2026 · 02:21 PM — Updated Fri, May...
Freeport Indonesia pushes back Grasberg copper restart by a year
Prices for the metal have surged to a record in January on a wave of speculative buyingPublished Fri, May 8, 2026 · 12:36 PM[LONDON] Freeport Indonesia pushed back the...
Converse CEO promises staff his plan will work as sales tumble
As the company’s challenges deepen, questions have swirled about whether Nike will keep it in the fold Published Fri, May 8, 2026 · 10:16 AM[NEW YORK] After layoffs and...
Gold steady as US-Iran clashes dim truce prospects in Middle East
Higher rates and a stronger US currency are negative for bullion as it pays no interest and is priced in the greenbackPublished Fri, May 8, 2026 · 09:26 AM[SINGAPORE]...
Coinbase logs second straight quarterly loss as crypto trading momentum fades
Digital assets have lost their portfolio-hedge appeal, increasingly tracking broader financial markets and curbing cross-asset inflowsPublished Fri, May 8, 2026 · 09:11 AM[BENGALURU] Cryptocurrency exchange Coinbase Global on Thursday...
Global central banks boost their holdings of Malaysian sovereign bonds
The nation’s strong currency and stable economic growth have been a key allure for global investorsPublished Fri, May 8, 2026 · 08:37 AMFOREIGN central banks and governments have boosted...
Frasers Property H1 profit falls 37.8% to S$88.4 million on impairment loss
[SINGAPORE] Frasers Property posted a 37.8 per cent drop in net profit to S$88.4 million for its first half ended Mar 31, from S$142.2 million in the previous corresponding...
Airbnb boosts annual sales outlook while spending picks up
Published Fri, May 8, 2026 · 07:29 AM[NEW YORK] Airbnb boosted its annual forecast on robust bookings in the major markets in the Americas, while it posted a big...
Crew walks out on ‘CoComelon: The Melon Patch,’ citing labor conditions
The International Alliance of Theatrical Stage Employees is striking against “CoComelon: The Melon Patch” in protest over wages and working conditions.The union representing crew members working on the live-action...
European shares pull back as Middle East peace prospects assessed
Published Fri, May 8, 2026 · 05:32 AM[BENGALURU] European shares slipped on Thursday (May 7) after a steep rally in the previous session, as investors assessed progress towards a...
