Fashion
Paragon Reit to delist from SGX on Jun 6
Minority unitholders have received their scheme consideration payments on Jun 4, 2025 [SINGAPORE] Paragon Reit will delist from the Singapore Exchange with effect from 9 am on Jun 6,...
Maybank cuts view on Malaysian banking sector to ‘neutral’ as tariffs, slower GDP weigh on earnings
[SINGAPORE] Maybank Investment Bank has downgraded its rating for the Malaysian banking sector to “neutral”, from “positive” previously, due to slower gross domestic product growth, subdued earnings prospects, and...
Japan’s top banks said to mull joint ATM operation to cut costs
Published Wed, Jun 4, 2025 · 11:29 AM[TOKYO] MUFG Bank, Sumitomo Mitsui Banking and Mizuho Bank are considering jointly operating automated teller machines (ATMs) to reduce costs, said sources...
Global carriers pile on India capacity as US-Europe traffic drops
[LONDON] The skies above India are about to get a lot busier as international carriers add more routes to the world’s most-populated nation to make up for tepid transatlantic...
Garuda said in talks for US$500 million from Indonesia wealth fund
[JAKARTA] Garuda Indonesia is in talks with the country’s sovereign wealth fund Danantara about an injection of around US$500 million, according to sources familiar with the matter, as the...
Top scientist wants to prevent AI from going rogue
[NEW YORK] Concerned about the rapid spread of generative AI, a pioneer researcher is developing software to keep tabs on a technology that is increasingly taking over human tasks.Canadian...
California Senate passes bill that aims to make AI chatbots safer
California lawmakers on Tuesday moved one step closer to placing more guardrails around artificial intelligence-powered chatbots.The Senate passed a bill that aims to make chatbots used for companionship safer...
Global alarms rise as China’s critical mineral export curbs takes hold
[WASHINGTON] Alarm over China’s stranglehold on critical minerals grew on Tuesday (Jun 3) as global automakers joined their US counterparts to complain that restrictions by China on exports of...
US steel, aluminium tariff hikes to take effect on Wednesday: White House
[WASHINGTON] The United States will double its tariffs on imported steel and aluminium starting on Wednesday, according to the White House, as it published an order signed by President...
HPE posts strong revenue growth, sees reduced tariff impact
[NEW YORK] Hewlett Packard Enterprise (HPE) reported quarterly revenue that topped estimates and said it expects a reduced impact from tariffs on its business this year.Sales increased 6 per...
Fed’s Bostic wants more progress on inflation, in no rush to cut
[NEW YORK] US Federal Reserve Bank of Atlanta president Raphael Bostic said he’s in no rush to move interest rates, adding he wants to see “a lot” more progress...
Mohamed Sabry Soliman: Colorado Terror Attack Suspect’s Wife and 5 Children Arrested by ICE for Illegally Staying in US
The wife and all five children of suspected Colorado terrorist Mohamed Sabry Soliman have been arrested by federal immigration agents, sources told The New York Post. Soliman, 45, an...