News
Airbus said to deliver fewer aircraft in July amid engine woes
The world’s biggest planemaker has delivered around 370 planes in the first seven months of 2025, less than half its annual goalPublished Sat, Aug 2, 2025 · 09:55 AM[NEW...
Intel used to be the most valuable U.S. chipmaker. How it fell far behind Nvidia
Earlier this year, Intel’s new chief executive Lip-Bu Tan made frank remarks about how the Silicon Valley chipmaker keeps coming up short.“For quite a long time for Intel, we...
British Airways owner IAG beats second-quarter profit estimates
Published Fri, Aug 1, 2025 · 02:47 PM[LONDON] British Airways owner IAG reported better than expected second-quarter earnings on Friday (Aug 1), helped by strong demand for its transatlantic...
Palmer Luckey’s Anduril leads second-quarter surge for venture capital in greater L.A.
Venture capital investments in the greater Los Angeles region more than doubled to $5.8 billion in the second quarter, compared to a year ago, as investors poured money into...
Intel plans to shed thousands of workers
Intel, once the most valuable U.S. chipmaker, faces an uphill battle as it tries to stay relevant in the artificial intelligence race. On Friday, Intel saw its stock drop...
As Binance stays and Tokenize leaves, Singapore’s crypto sector is seeing change
[SINGAPORE] Tokenize Xchange said on Sunday (Jul 20) that it will exit Singapore after failing to secure a Major Payment Institution (MPI) licence, typically necessary for digital token service...
China’s 1.2 trillion yuan mega-dam project lifts metals markets, but not a quick fix for glut
[SINGAPORE] China’s launch of a 1.2 trillion yuan (S$218.5 billion) mega-dam project in Tibet has energised metal markets, though analysts warn its protracted timeline and China’s construction downturn will...
The rise and fall of New Silk Road, one of the longest-running hedge funds in Singapore
[SINGAPORE] Investment management firm New Silk Road announced earlier in July that it will be closing its doors after a 16-year run in Asia. Based in Singapore, it is...
Bank of America to buy back US$40 billion of shares in new programme
The announcement follows buyback plans from some of the biggest US banks after they passed this year’s US Federal Reserve stress testsPublished Thu, Jul 24, 2025 · 06:50 AM[NEW...
Moody’s profit tops estimates in sign of credit market’s rebound
Moody’s adjusted earnings per share of US$3.56 topped analysts’ forecasts of US$3.38Published Wed, Jul 23, 2025 · 10:19 PM[WASHINGTON] Moody’s, a bond grader and financial data provider, reported second-quarter...
