News
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...
US prepares air-traffic overhaul as vulnerabilities rock Newark
[WASHINGTON] The Trump administration’s plan to modernise the ageing US air traffic-control system has gained fresh urgency after vulnerabilities with the existing system pushed United Airlines Holdings to cut...
Stocks to watch: CapitaLand Integrated Commercial Trust, Japan Foods
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 5). CapitaLand Integrated Commercial Trust (CICT): The manager of the trust on...
Westpac’s first-half profit slips 1%, misses estimates
Published Mon, May 5, 2025 · 07:09 AMAUSTRALIA’S Westpac Banking Corp recorded a marginal 1 per cent drop in its first-half net profit on Monday, as a rise in...
S&P 500’s relief rally likely to stall
THE S&P 500 rebounded over 14 per cent from a swing low of 4,835, recorded on Apr 7, 2025, after a period of panic selling triggered by aggressive reciprocal...
Apple has made splashy bets in Hollywood. Are they paying off?
In the first episode of the Apple TV+ show “The Studio,” Oscar-winning director Martin Scorsese sells his script to the fictional Continental Studios, only to be told later by...
Etihad is squeezing outsized luxuries into its smallest aircraft
[DUBAI] When Etihad Airways received its first Airbus A380 jets a good decade ago, the airline furnished the front of the giant double decker with a veritable luxury playground...
Opec+ agrees another accelerated oil output hike for June
[LONDON/DUBAI] Opec+, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, has agreed to accelerate oil production hikes for a second consecutive month, raising...
India’s largest bank plans to raise 250 billion rupees in share sale
[MUMBAI] State Bank of India, or SBI, plans to raise 250 billion rupees (S$3.8 billion) through new shares and this fiscal year, marking the first equity raising by the...
