Posts by Stephanie Irvin
Victoria’s Secret Credit Card Review
If you’re a fan of Victoria’s Secret and often find yourself shopping there, you might want to consider their Mastercard. It’s not just about buying lingerie; this card gives you points for every dollar you spend, both in their stores and elsewhere. Plus, there’s no annual fee, which is a sweet deal if you ask…
Read MoreStatista, TIA to award Singapore’s Top Fintech Companies for 2026
FOR the first time, Tech in Asia and global market research firm Statista will recognise Singapore’s top fintech companies. The list will include firms across these sectors: Payments Neobanking Alternate finance Wealth tech Financial planning Digital assets Enterprise fintech Insurtech This new award is an offshoot of Statista’s list of the world’s top fintech companies,…
Read MoreGamers get hold of Nintendo’s hotly awaited Switch 2
[TOKYO] Gamers on Thursday finally got their hands on Nintendo’s new Switch 2 console, which could score record early sales for the Japanese Super Mario creator. Featuring a bigger screen and more processing power, the device is an upgrade to the Switch, which became a global phenomenon with hit games such as Animal Crossing. The…
Read MoreVingroup seeks private loan to buy KKR’s stake in Vinschool
Published Thu, Jun 5, 2025 · 12:17 PM [SINGAPORE] Vietnamese conglomerate Vingroup is seeking a around US$300 million private credit loan to purchase KKR’s stake of about 38 per cent in its education subsidiary Vinschool, according to sources familiar with the matter. UBS is approaching private credit funds to garner interest for the proposed loan,…
Read MoreCiti to cut 3,500 technology jobs in China as part of global revamp
Published Thu, Jun 5, 2025 · 11:23 AM — Updated Thu, Jun 5, 2025 · 11:28 AM [HONG KONG] Citigroup will reduce the number of employees at two of its technology centres in China by about 3,500, the bank said on Thursday, as part of its efforts to simplify and shrink its global tech operations…
Read MoreChina’s power prices nosedive, providing relief to tariff-hit factories
[BEIJING] A crash in Chinese coal prices, and a flood of clean energy, are cutting power rates in major industrial hubs, easing pressure on some of the factories caught in the crossfire of trade hostilities with the US. In Jiangsu province, the average price for June contracts settled by centralised bidding plunged 24 per cent…
Read MoreGold edges higher as soft US data lifts safe-haven demand
Published Thu, Jun 5, 2025 · 09:24 AM [BENGALURU] Gold prices nudged higher on Thursday (Jun 5), as weaker-than-expected US economic data spurred demand for safe-haven assets, while market participants also assessed persistent global economic and political uncertainties. Spot gold was up 0.1 per cent at US$3,377.79 an ounce, as at 0007 GMT. US gold…
Read MoreStablecoin issuer Circle raises US$1.05 billion in upsized US IPO
[BENGALURU] CIRCLE Internet on Wednesday (Jun 4) priced its upsized US initial public offering (IPO) at US$31 apiece, raising US$1.05 billion, adding fresh momentum to a growing pipeline of late-stage cryptocurrency firms eyeing public markets. Circle and its shareholders sold 34 million shares at US$31 apiece, valuing the company, which issues the USDC stablecoin, at…
Read MoreMercedes, BMW step up response to China export curbs to avoid shortages
[FRANKFURT] Automakers in the US and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production. Mercedes-Benz Group and BMW are in talks with suppliers to prevent shortages of components containing these materials, with the former discussing stockpiling certain items. Meanwhile, Ford Motor said it’s…
Read MoreOil settles 1% lower after US data shows large builds in fuel stocks
[HOUSTON] Oil prices settled down just over 1 per cent on Wednesday after US data showed surprisingly large build in petrol and diesel inventories, swelling fuel supplies with Opec+ planning more output and trade tensions clouding the energy demand outlook. Brent crude futures closed down 77 cents, or 1.2 per cent, at US$64.86 a barrel. US…
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