Fashion

Ringgit hits three-year high against Singdollar, four-year high versus greenback
[SINGAPORE] The ringgit hit a three-year high against the Singapore dollar and a four-year high against the US dollar this week, as optimism around the Malaysian economy grew and...
Trump signs order aimed at curbing state AI laws
[WASHINGTON] US President Donald Trump on Thursday signed an executive order on artificial intelligence that will attempt to preempt a growing number of state laws governing the technology with...
Oracle shares drop the most since 2001 on mounting AI spending
The stock has already lost about a third of its value through Wednesday’s close since a record high on Sep 10 [NEW YORK] Oracle shares fell the most in...
Roblox sued by Southern California families alleging children met predators on its platform
Video gaming platform Roblox is facing more lawsuits from parents who allege the San Mateo, Calif., company isn’t doing enough to safeguard children from sexual predators. A Los Angeles...
Hongkong Land shares up 5% on S$1.45 billion sale of MBFC stake
It is selling its stake to Keppel Reit, which will have two-thirds interest in the property upon completion[SINGAPORE] Shares of Hongkong Land rose as much as 5 per cent...
Noodle maker Leong Guan’s shares open 8.7% up from IPO price on Catalist debut
The company’s placement of about 20.7 million shares at S$0.23 apiece has brought in S$4.75 million[SINGAPORE] Shares of food manufacturing and distribution company Leong Guan Holdings opened 8.7 per...
Ultragreen.ai’s stabilising manager buys 2.3 million shares in fifth stabilising action since IPO
Citigroup Global Markets Singapore has now bought around 17.7 million shares of the medical technology company’s shares[SINGAPORE] The stabilising manager of Ultragreen.ai purchased about 2.3 million shares of the...
Barclays joins bank rivals in buying stake in United Fintech
It has bought two fintechs this year, bringing its total to seven and giving it more than 200 employees across 11 locations globally[LONDON] Barclays is buying a stake in...
Amazon to invest over US$35 billion in India on AI, exports
[BENGALURU] Amazon plans to invest more than US$35 billion in India by 2030 to expand its operations by boosting artificial intelligence (AI) capabilities and increasing exports, the US e-commerce...
A guide to the Nvidia chips at the centre of US-China AI rivalry
[SAN FRANCISCO] As China races to catch up with the US in artificial intelligence (AI) technology, the state of relations between the countries can be gauged by looking at...
Wall Street subdued at open as Fed rate cut decision nears
[NEW YORK] Wall Street’s main stock indexes were subdued at the open on Tuesday (Dec 9) as investors awaited the Federal Reserve’s policy decision, while Nvidia shares were whipsawed...
Novartis strikes deal with UK biotech for up to US$1.7 billion
Novartis is on a deal spree this year, including the US$12 billion acquisition of Avidity Biosciences [BASEL] Novartis will pay UK biotech Relation Therapeutics as much as US$1.7 billion...