News

Trump celebrates Nippon Steel ‘deal’ with rally at Pennsylvania plant
[WEST MIFFLIN] US President Donald Trump on Friday (May 30) lauded a “partnership” between Nippon Steel and US Steel at a political rally but stopped short of clarifying whether...
US: Stocks mixed as China trade tensions fuel unease
Published Sat, May 31, 2025 · 06:13 AM[NEW YORK] Wall Street stocks saw a mixed end to the day on Friday (May 30), as trade tensions between the United...
Trump says Musk is ‘not really leaving,’ fueling legal challenge over his role at DOGE
WASHINGTON — Elon Musk, the world’s richest man, who has led an effort in the Trump administration to cut jobs and programs across the federal government, stood by President Trump’s side...
Saudi Aramco could tap debt markets again after US$5 billion bond sale
Published Fri, May 30, 2025 · 09:10 PM[DUBAI] Saudi Aramco has published a new prospectus for its issuance programme of Islamic bonds or sukuk, signalling the state oil major...
Wee Hur sets up S$500 million medium-term note programme
Notes to be issued may be in Singapore dollars or any other currency, in various amounts and tenors, and may bear interest at fixed, floating or hybrid rates or...
MacDermid Alpha Electronics Solutions expands Singapore production facility
[SINGAPORE] Electronics manufacturer, MacDermid Alpha Electronics Solutions, announced on Friday (May 30) the completion of its expanded production facility in Tuas.The expansion aims to scale up the production of...
Singapore stocks fall as Trump tariffs resumes for now; STI retreats 0.6%
[SINGAPORE] Local equities ended Friday (May 30) lower, after an appeals court in the United States paused a ruling that blocked President Donald Trump’s sweeping tariffs. The benchmark Straits...
AI to send Asia’s data centre spending and power needs up; Morgan Stanley picks the winners
[SINGAPORE] Data centre investments in Asia will likely double to US$200 billion by 2030, as the rising use of artificial intelligence (AI) will powers the demand for digital infrastructure...
US regulator drops lawsuit against Binance
Published Fri, May 30, 2025 · 11:51 AM[WASHINGTON] The US Securities and Exchange Commission (SEC) on Thursday dropped its civil lawsuit against the cryptocurrency exchange Binance and its majority...
Microsoft touts AI sales at town hall, reveals Barclays contract
MICROSOFT touted its progress selling artificial intelligence tools to corporate customers during a companywide town hall on Thursday, including a major deal with Barclays.Chief commercial officer Judson Althoff told...
US judge sentences ex-Goldman Sachs banker to two years over 1MDB scandal
[NEW YORK] A US judge on Thursday sentenced a former Goldman Sachs banker central to the 1MDB scandal to two years in prison after prosecutors argued for leniency due...