News
Citigroup CEO says most business clients can absorb 10% tariffs
Published Tue, May 6, 2025 · 07:00 AM[NEW YORK] Citigroup CEO Jane Fraser said on Monday most of the bank’s business clients could absorb US tariffs of 10 per...
OpenAI dials back conversion plan, nonprofit to retain control
OPENAI has dialled back a significant restructuring plan, with its nonprofit parent retaining control in a move that is likely to limit CEO Sam Altman’s power over the pioneering...
Ford pulls guidance, warns it will take US$1.5 billion hit from Trump’s tariffs
[DETROIT] Ford Motor suspended its annual guidance on Monday because of uncertainty around US President Donald Trump’s tariffs, saying the levies would cost the company about US$1.5 billion in...
Europe: Stoxx 600 posts longest winning streak in nearly four years; focus on Fed, tariff updates
EUROPEAN shares extended their winning streak on Monday, with investors focusing on developments from the trade war alongside the US Federal Reserve’s policy meeting later this week.The pan-European Stoxx 600 index...
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...
