News

Meta disregarded its own research on teen harm, Tennessee tells jury
Internal documents showed that Meta product managers knew that it needed to warn the public about Instagram’s addictive features but it didn’tPublished Tue, Jul 28, 2026 · 06:35 AMLAWYERS...
LVMH sales tick up as US luxury demand offsets hit from Iran war
Published Tue, Jul 28, 2026 · 06:14 AM[PARIS] Sales at luxury giant LVMH edged higher in the second quarter as strong demand from affluent US shoppers helped offset weaker spending in...
US stocks: Wall Street ends mixed as investors focus on tech earnings
Tech heavyweights such as Meta and Microsoft will report quarterly results this weekPublished Tue, Jul 28, 2026 · 05:41 AMWALL Street ended mixed on Monday (Jul 27), as investors...
Porsche to shed 5,000 jobs by 2035 under German factory pact
Published Mon, Jul 27, 2026 · 11:27 PM[STUTTGART] Porsche agreed to eliminate 5,000 jobs by 2035 as part of a deal with labour officials that protects its main German...
Wall St opens higher as pause in US-Iran hostilities lifts sentiment
Published Mon, Jul 27, 2026 · 10:13 PM[NEW YORK] Wall Street’s main indexes opened higher on Monday (Jul 27) after the United States and Iran paused hostilities, boosting risk...
US dollar retreats as oil slides on Middle East pause; focus on central banks
It dropped against other major currencies after the US paused its bombing in IranPublished Mon, Jul 27, 2026 · 08:34 PM[LONDON] The US dollar dropped against other major currencies...
Ever Glory United’s order book crosses S$1 billion on new contract wins
The engineering group has secured about S$400 million in projects since the start of 2026[SINGAPORE] New contracts worth more than S$168 million, including one with the Defence Science and...
CapitaLand Malaysia Trust Q2 DPU up 9.3% to 1.29 sen on positive rental reversions
[SINGAPORE] CapitaLand Malaysia Trust (CLMT) posted a distribution per unit (DPU) of 1.29 Malaysian sen for the second quarter ended Jun 30, 2026, up 9.3 per cent from the...
KPay secures MAS in-principle approval for major payment institution licence
This allows the firm to provide merchant acquisition services, and domestic and cross-border money transfers[SINGAPORE] Fintech firm KPay on Monday (Jul 27) said that its local subsidiary, KPay Merchant...
HSBC nearing deal to sell Australia loans business to Blackstone: sources
Published Mon, Jul 27, 2026 · 03:55 PM[LONDON] HSBC Holdings is close to selling its Australia’s loans business to Blackstone, people familiar with the matter said, as part of...
Trip.com fined in China antitrust case as price wars continue
The regulatory action may not significantly alter competition in China’s hotel marketPublished Mon, Jul 27, 2026 · 02:57 PMCHINA’S months-long antitrust probe into Trip.com Group ended with a multi-billion-yuan...
How did China’s DRAM champion CXMT become its most valuable listed company?
Its US$487 billion market value after its debut put it at around half the valuation of Micron and SK HynixPublished Mon, Jul 27, 2026 · 01:47 PM[BEIJING] China’s CXMT...