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Europe: Shares ease as trade uncertainty lingers after court blocks Trump’s tariffs
EUROPEAN shares eased on Thursday as initial relief that a US trade court had blocked some of President Donald Trump’s tariffs fizzled out.The continent-wide Stoxx 600 index closed 0.19...
Businesses tackling Asia’s ageing crisis awarded S$3 million at DBS Foundation’s Impact Beyond Awards
[SINGAPORE] Smart emergency-response devices available round the clock and using artificial intelligence (AI) to help clients match with caregivers were among the four ideas that won the DBS Foundation’s...
US: Wall St opens higher after court blocks most Trump tariffs
Published Thu, May 29, 2025 · 09:45 PM[NEW YORK] Wall Street’s main indexes opened higher on Thursday (May 29) after a federal court ruled against most of US President...
Singapore stocks rise after US court blocks Trump’s tariffs; STI up 0.1%
[SINGAPORE] Singapore stocks ended higher on Thursday (May 29), after a US trade court on Wednesday blocked US President Donald Trump’s “Liberation Day” tariffs from going into effect.In Singapore,...
NTT Docomo to buy SBI’s net bank for 420 billion yen in cut-throat market
[TOKYO] NTT Docomo is buying SBI Holdings’ online bank in a 420 billion yen (S$3.7 billion) deal to shore up the Japanese mobile carrier’s financial offerings in a hyper-competitive...
Sony says spinoff will give financial arm its own fundraising capabilities
It is the first partial spinoff by a company in Japan with a direct listing – the first in Japan in more than two decades – set for Sep...
Nikkei ends at two-week high on US tariff relief, chip rally
Published Thu, May 29, 2025 · 03:17 PM[TOKYO] Japan’s Nikkei ended trade on Thursday (May 29) at the highest point in more than two weeks after a US court...
Toyota sales hit second monthly record on US demand, tariff rush
Japanese carmakers are heavily reliant on the US auto market and could suffer as much as a US$19 billion impact from the leviesPublished Thu, May 29, 2025 · 02:11...
Aramco CEO will keep borrowing even as oil slump cuts cashflow
[DUBAI] Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser said, as the world’s biggest oil exporter raised...
Vietnam’s AI ambitions hinge on one US$6.8 billion tech company
[HANOI] Four decades ago, Truong Gia Binh set up a technology company using a single computer in a room loaned by his then-father-in-law, general Vo Nguyen Giap, revered for...
Meta AI bot used a billion times monthly: Mark Zuckerberg
[SAN FRANCISCO] Meta chief Mark Zuckerberg touted the tech firm’s generative artificial intelligence (Gen AI) assistant on Wednesday, telling shareholders it is used by a billion people each month...
Sembcorp wins solar energy project to supply power in India
[SINGAPORE] Sembcorp Industries’ wholly owned renewables subsidiary, Sembcorp Green Infra, was awarded a build-own-operate solar energy storage hybrid project by SJVN, an Indian state-owned power company. Sembcorp Green Infra...