Lifestyle
Tencent Music buys SM Entertainment stake in K-pop bet
[SEOUL] A Tencent Holdings subsidiary is snapping up a nearly 10 per cent stake in SM Entertainment valued at about US$180 million, marking a rare Chinese investment into a...
US warns Pirelli risks restrictions due to Chinese investor
[MILAN] The US government warned Italy’s Pirelli & C that vehicles containing its advanced sensors technology could be restricted from sale in America due to concerns over the influence...
New Zealand central bank cuts cash rate by 25 bps
Published Wed, May 28, 2025 · 10:39 AM[WELLINGTON] New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 3.25 per cent on Wednesday, as...
Gold stages rebound as US dollar, Treasury yields slip
Published Wed, May 28, 2025 · 09:38 AM[BENGALURU] Gold prices gained on Wednesday (May 28), helped by a slight retreat in the US dollar and lower US bond yields...
Stocks to watch: OCBC, Amara, Valuetronics
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 28).OCBC: The bank announced on May 27 key leadership changes to its...
GM to invest US$888 million for engine production at New York facility
Published Wed, May 28, 2025 · 07:39 AM[DETROIT] General Motors is investing US$888 million at a New York propulsion plant to increase engine production and build a next-generation V8,...
US: Stocks jump on easing tariff worries, lower bond yields
[NEW YORK] Wall Street stocks jumped on Tuesday after President Donald Trump pushed back tariffs on Europe while US Treasury bond yields retreated following last week’s surge.Trump on Monday said he...
Saudi Aramco kicks off its first dollar bond sale this year
The world’s biggest oil exporter is selling bonds with five, 10 and 30-year maturitiesPublished Tue, May 27, 2025 · 09:25 PM[RIYADH] Saudi Aramco started the sale of dollar-denominated debt,...
