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Canada orders dissolution of two firms, citing national security concerns
Canada orders dissolution of two firms, citing national security concerns
Canada ordered on Friday (May 24) the dissolution of two technology companies’ businesses in the country, citing national security concerns.The companies, Bluvec Technologies and Pegauni Technology, were given the...
US: Stocks stabilise after choppy trading week ahead of long weekend
US: Stocks stabilise after choppy trading week ahead of long weekend
Wall Street swung higher Friday (May 24) ahead of the long Memorial Day weekend, marking a positive end to a choppy week of trading that saw the Nasdaq set...
Stamford Land H2 net profit falls 88.9% on absence of disposal gains
Stamford Land H2 net profit falls 88.9% on absence of disposal gains
STAMFORD Land : H07 0% reported on Friday (May 24) an 88.9 per cent decline in net profit for its second half, in the absence of disposal gains in...
Lucid to trim US workforce by 6% amid softening EV demand
Lucid to trim US workforce by 6% amid softening EV demand
LUCID Group will reduce its workforce in the United States by 6 per cent, or around 400 employees, it said on Friday (May 24), becoming the latest electric-vehicle maker...
StarHub faces pressure from consumer segments, could benefit from consolidation: analysts
StarHub faces pressure from consumer segments, could benefit from consolidation: analysts
STARHUB : CC3 0% posted a decent first-quarter net profit increase, but analysts have flagged that the company’s consumer business continues to face intense pressure, especially in the area...
Singapore stocks end lower on Friday as investor appetite sours; STI down 0.2%
Singapore stocks end lower on Friday as investor appetite sours; STI down 0.2%
LOCAL shares ended the last trading day of the week in the red, as hawkish cues from the US Federal Reserve hit trader sentiment. Observers warn that the recent...
Final money laundering accused to plead guilty on Jun 6
Final money laundering accused to plead guilty on Jun 6
THE last of the 10 foreign nationals embroiled in Singapore’s largest money laundering case has indicated that he intends to plead guilty on Jun 6, court records on Friday...
Saudi Aramco interested in buying minority stake in Repsol’s renewable unit
Saudi Aramco interested in buying minority stake in Repsol’s renewable unit
State-controlled oil company Saudi Aramco is interested in buying a minority stake in the renewable unit of Spanish oil company Repsol, newspaper Expansion reported on Friday (May 24), citing...
Tesla slashes Model Y production in Shanghai, data shows
Tesla slashes Model Y production in Shanghai, data shows
TESLA has cut output of its best-selling Model Y electric car by a double-digit percentage number at its Shanghai plant since March, according to industry data and a source.The...
Segantii redemption requests hit US billion before move to shut
Segantii redemption requests hit US$1 billion before move to shut
SEGANTII Capital Management’s hedge fund faced nearly US$1 billion of withdrawal requests before its decision to shut down, sources familiar with the matter said, highlighting the impact on investor...