News
Nissan shares drop after Musk denies Tesla investment report
SHARES of Nissan Motor plunged as much as 10 per cent, the most in three weeks, after Tesla chief executive officer Elon Musk dismissed a report that he was...
US securities regulator closes investigation into Robinhood’s crypto arm with no action
ROBINHOOD said the US securities regulator had closed its probe into the retail trading firm’s crypto arm with no action, as it seeks to revamp policing of digital assets...
Gold steadies near all-time high on Trump tariff concerns
GOLD prices hovered near a record high on Tuesday (Feb 25), supported by safe-haven demand amid concerns over US President Donald Trump’s tariff plans which could fuel inflation and...
Bank of Korea signals more rate cuts as Trump’s tariffs take shape
BANK of Korea (BOK) governor Rhee Chang-yong signalled more policy easing to come this year as the central bank cut its benchmark interest rate to support an economy jolted...
Australian regulator pushes market operator ASX on fee transparency, competition
AUSTRALIA’S corporate regulator said on Tuesday the country’s stock market operator would be required to publish a comparison of clearing and settlement fees against foreign providers and justify any...
Tesla prepares to deploy long-awaited FSD features in China
TESLA is readying a software update for customers in China to offer driver-assistance capabilities similar to those marketed as Full Self-Driving (FSD) in the US, according to a source...
Apple to hire 20,000 people, invest $500 billion in the U.S. amid Trump tariffs
Apple said Monday it plans to invest $500 billion in the United States, hire 20,000 people and open a new manufacturing factory in Texas over the next four years.“We...
Starbucks cuts 1,100 corporate jobs in bid to speed turnaround
STARBUCKS is eliminating 1,100 corporate jobs in a move aimed at increasing efficiency and quickly enacting changes to revitalise the company.
The cuts represent about 7 per cent of the...
Yangzijiang Financial H2 earnings soars to S$197.3 million
INVESTMENT management firm Yangzijiang Financial reported a net profit of S$197.3 million in the second half ended Dec 31, 2024, an increase of about five times from S$39.3 million...