News

Meta plans AI pendant, ‘wearables for work’ in hardware boost, The Information reports
The Instagram owner aims to sell 10 million wearable devices in the second half of 2026Published Sat, May 30, 2026 · 12:42 PM[BENGALURU] Meta Platforms plans to start testing...
Yum is in exclusive talks to sell Pizza Hut to LongRange
Published Sat, May 30, 2026 · 09:39 AM[NEW YORK] Yum! Brands is in exclusive talks to sell its Pizza Hut chain to LongRange Capital, according to people familiar with...
European shares secure monthly gains on Middle East peace hopes
Published Sat, May 30, 2026 · 08:51 AM[BENGALURU] European shares edged higher on Friday (May 29), wrapping up the month with gains as investors clung to hopes that a...
mm2 Asia H2 net loss widens to S$166.6 million amid fair-value losses
FY2026 revenue plunged 95.9% on the year, amid a 99% decline in sales by its content business[SINGAPORE] Former Cathay Cineplexes operator mm2 Asia posted a net loss of S$166.6...
Fed’s Bowman says too soon to judge inflation impact of Iran war
Published Fri, May 29, 2026 · 10:16 PMFEDERAL Reserve Vice Chair for Supervision Michelle Bowman said it’s too soon to judge the inflationary impact from the Iran war and...
Wall St edges higher at open with Mideast deal updates in focus
Published Fri, May 29, 2026 · 09:45 PM[NEW YORK] Wall Street’s main indexes opened higher on Friday (May 29), after closing at record highs the previous session, with markets...
Fed’s Schmid says officials must signal commitment to inflation
Published Fri, May 29, 2026 · 08:31 PMFEDERAL Reserve Bank of Kansas City President Jeff Schmid said he remained focused on elevated inflation and officials should make it clear...
Bank of England’s Bailey says allowing inflation to run above target is appropriate
Published Fri, May 29, 2026 · 06:04 PMBANK of England Governor Andrew Bailey said on Friday that allowing inflation to run above the central bank’s 2 per cent target...
Another tech company says it will cut hundreds of jobs amid pivot to AI
Layoffs have continued with another tech company saying it was cutting people to enable it to use more artificial intelligence. Groupon announced in a security filing this month that...
Japan’s Nikkei scales record peak on Mideast, AI optimism
Published Fri, May 29, 2026 · 05:06 PM[TOKYO] Japan’s Nikkei share average rose to a record high on Friday, powered by renewed optimism for a near-term peace deal in...
European markets rise as investors await US-Iran ceasefire extension
Published Fri, May 29, 2026 · 04:38 PMEUROPEAN shares rose on Friday and were on track to end the month higher, as investors took comfort from expectations that a proposed...
Yen back in danger zone as Tokyo officials keep investors on edge
Published Fri, May 29, 2026 · 02:04 PM[TOKYO] As Japan’s yen drifts back to levels that prompted official intervention a month ago, markets are sizing up Tokyo’s remaining financial...