News
US: Wall St opens lower after Trump’s fresh tariffs
Published Mon, May 5, 2025 · 09:46 PM[NEW YORK] Wall Street’s main indexes opened lower on Monday (May 5) after President Donald Trump rekindled worries about the ramifications of...
Tyson Foods beats quarterly profit estimates on strong chicken demand
The company witnessed sustained demand for its frozen meat and ready-to-eat food as consumers increasingly preferred eating at homePublished Mon, May 5, 2025 · 09:02 PM[NEW YORK] Tyson Foods...
Procurri Corp moves towards delisting by appointing IFA for privatisation offer
[SINGAPORE] Procurri Corp has appointed Evolve Capital Advisory as the independent financial adviser (IFA) for the acquisition offer from parent company Exeo Global Asset Holdings amid a potential delisting...
Singapore stocks end higher on Monday; STI up 0.2%
Top gainer is DFI Retail Group at US$2.71, while the biggest decliner is Yangzijiang Shipbuilding at S$2.11[SINGAPORE] Stocks in Singapore ended higher on Monday (May 5), tracking Friday’s gains...
Grab appoints Alejandro Osorio as new managing director for Singapore
[SINGAPORE] Ride-hail and delivery giant Grab announced on Monday (May 5) that Alejandro Osorio has been appointed as of Grab Singapore. Osorio currently leads the Grab Vietnam team. In...
As T-bill, SSB yields fall, here’s where to invest for higher yields: analysts
[SINGAPORE] Yields are steadily declining, which is bad news for investors looking for a safe corner to park their cash.The latest six-month Treasury bill (T-bill) cut-off yield fell to...
Netflix co-CEO says India investment has had US$2 billion impact
The world’s largest video streaming platform has been consolidating its position as a premium service in the US$28 billion Indian media and entertainment marketPublished Mon, May 5, 2025 ·...
Trump rules out firing Powell while pushing him to cut rates
[BRUSSELS] US President Donald Trump insisted he does not plan to fire Federal Reserve chair Jerome Powell despite his sustained criticism over the pace of interest rate cuts.“Why would...
Singapore’s AI large language model Sea-Lion to offer more features as more firms use it in S-E Asia
[SINGAPORE] Singapore’s home-grown large language model (LLM), Sea-Lion, is steadily gaining traction, with some 235,000 downloads so far, bolstered by adoption by large companies such as GoTo Group in...
Japan Foods warns of ‘substantial’ full-year loss, citing weak sales and outlet closures
The group also records an allowance for impairment loss on a loan to a joint venture company, Dining Collective, of S$680,000[SINGAPORE] Japan Foods announced on Monday (May 5) that...
