News
Nippon, US Steel say Biden blocked merger amid ‘sham’ review
NIPPON Steel and United States Steel claimed former President Joe Biden unfairly prejudged their US$14.1 billion merger and gave the companies no chance for feedback on a “sham” national...
Gold holds steady near all-time high amid US tariff concerns
GOLD prices on Tuesday (Feb 4) hovered near a record high scaled in the prior session, as investors fretted that US President Donald Trump’s tariffs on Canada, China, and...
Singapore bucks regional showing as Trump defers tariffs on neighbours; STI slips 0.1%
SINGAPORE blue chips failed to sustain the momentum at market open on Tuesday (Feb 4) with the benchmark index Straits Times Index (STI) down 3.46 points or 0.1 per...
NXP gives disappointing sales forecast as chip slump persists
NXP and its peers have been struggling with a stubborn glut of chips that help power electric cars and manufacturing operationsNXP Semiconductors give a disappointing forecast for first-quarter revenue,...
Stocks to watch: CapitaLand Investment, Suntec Reit, Keppel Infrastructure Trust, Lendlease Global Reit
THE following companies saw new developments that may affect trading of their securities on Tuesday (Feb 4). CapitaLand Investment (CLI): The asset manager will invest more than US$700 million...
MUFG looks beyond record profits to win global investors
AS JAPAN’S biggest bank heads for record profit that surpasses even its own projections, one thing is on the mind of its chief financial officer: what to do with...
Apple blasts EU app laws after first porn app comes to iPhones
From the beginning of the App Store in 2008, Apple executives have banned porn from its platformAPPLE lambasted the EU’s Digital Markets Act after the first known porn app...
Five key themes shaping Singapore’s economic outlook in 2025
SINGAPORE’S economy is poised to remain dynamic in 2025, navigating through challenges such as geopolitical tensions and economic uncertainties while capitalising on favourable global trends. These are five key...
Ontario cancels Starlink contract in latest Canadian tariffs protest
THE Canadian province of Ontario on Monday (Feb 3) announced it was cancelling a C$100 million (S$93.4 million) contract with Elon Musk’s Starlink, the latest retaliatory move against tariffs...
Cathay Cineplex receives letters of demand for about S$2.7 million in rent and other costs owed
MM2 Asia, which runs the cinema chain, is trying to resolve the matter while prioritising minimal disruption to business operationsCATHAY Cineplex, operated by mainboard-listed media company mm2 Asia, has...