News
TSMC says tariffs have some impact but AI demand robust
Published Tue, Jun 3, 2025 · 10:43 AM[HSINCHU, Taiwan] US tariffs are having some impact but demand for artificial intelligence (AI) remains strong and continues to outpace supply, the...
Gold hovers near four-week peak on weaker US dollar, trade concerns
Published Tue, Jun 3, 2025 · 09:36 AM[BENGALURU] Gold edged up to hit a near four-week high on Tuesday (Jun 3), as a weaker US dollar and rising uncertainty...
Asia’s top-rated bonds lifted by pullback from US Treasuries
[MELBOURNE] Bonds in Australia and Singapore are getting a lift from rising questions about the appeal of Treasuries, as fears that a proposed US tax bill may hit foreign...
Merck held talks to buy biotech MoonLake for over US$3 billion: FT
Published Tue, Jun 3, 2025 · 07:45 AMMERCK has held talks to buy Swiss biotech MoonLake Immunotherapeutics for more than US$3 billion, the Financial Times reported on Monday, citing...
Microsoft cuts hundreds more jobs after firing 6,000 last month
The AI boom has roiled the tech labour market because companies are prioritising AI-focused jobs and harnessing the technology to save moneyPublished Tue, Jun 3, 2025 · 06:46 AM[NEW...
Google to spend US$500 million revamping compliance in shareholder settlement
[NEW YORK] Google agreed to spend US$500 million over 10 years to overhaul its compliance structure, to settle shareholder litigation accusing the search engine company of antitrust violations, settlement...
US: Wall Street opens lower after Trump’s steel tariff threat
Published Mon, Jun 2, 2025 · 09:42 PM[NEW YORK] Wall Street’s main indices opened lower on Monday (Jun 2) after US President Donald Trump revealed plans to double tariffs...
Sanofi to buy immunology biotech Blueprint for US$9.1 billion
[PARIS] Sanofi agreed to buy Blueprint Medicines for at least US$9.1 billion as the French drugmaker expands further in rare immunological diseases.Sanofi will pay US$129 per share in cash...
Tesla not keen on local production in India, minister says
Published Mon, Jun 2, 2025 · 04:20 PM[NEW DELHI] Tesla does not want to produce cars in India, a federal minister said on Monday (Jun 2), while adding that...
Azeus Systems shares surge 16.6% as earnings, dividends double
[SINGAPORE] Shares of Azeus Systems jumped as much as 16.6 per cent on Monday (Jun 2), after the company reported a surge in net profits.
The counter hit a...
