Lifestyle

US: Wall St opens slightly lower as markets assess latest tariff threats
US: Wall St opens slightly lower as markets assess latest tariff threats
February 19, 2025
WALL Street’s main indexes opened marginally lower on Wednesday (Feb 19) on worries over US President Donald Trump’s latest tariff threats and head of minutes from the Federal Reserve’s...
SingPost to lay off 45 employees ‘in the coming months’
SingPost to lay off 45 employees ‘in the coming months’
February 19, 2025
The move is not correlated with previous incidents or whistleblowing reports, it emphasisesSINGAPORE Post (SingPost) will lay off 45 employees “in the coming months” in a move to restructure...
Singaporean Huang Zhenhua’s assets frozen over US0 million suit by drug giant Novo
Singaporean Huang Zhenhua’s assets frozen over US$830 million suit by drug giant Novo
February 19, 2025
Novo Nordisk is seeking as much as US$830 million in damages in a Singapore court, saying that it was misled by a local biotech firm about the effectiveness of...
Ant Group enters China’s growing humanoid robot industry amid rising tech interest
Ant Group enters China’s growing humanoid robot industry amid rising tech interest
February 19, 2025
ANT Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech companies exploring this emerging field. The company has opened...
Reits, banks and grocers: Potential winners from Budget 2025 measures
Reits, banks and grocers: Potential winners from Budget 2025 measures
February 19, 2025
LONG-TERM plans to spur growth, and tax rebates and incentives for certain companies, these were among the highlights of Singapore’s Budget 2025 statement delivered by Prime Minister and Finance...
HSBC unveils share buyback, cost cut targets as new CEO looks to boost returns
HSBC unveils share buyback, cost cut targets as new CEO looks to boost returns
February 19, 2025
HSBC posted an annual profit on Wednesday (Feb 19) that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new...
Cisco and IBM show old-school tech names can be AI winners too
Cisco and IBM show old-school tech names can be AI winners too
February 19, 2025
WHILE many of the biggest and most popular technology stocks have stumbled out of the gates in 2025, some of the sector’s legacy names are drawing renewed attention.Companies such...
Hong Kong expands virtual asset push with new licensing, trading options
Hong Kong expands virtual asset push with new licensing, trading options
February 19, 2025
HONG Kong is expanding the ways investors can trade virtual assets, its financial regulator said on Wednesday (Feb 19), as the city races to become Asia’s digital assets hub...
Borrowing strain hits NAB’s Q1 profit, shares dive
Borrowing strain hits NAB’s Q1 profit, shares dive
February 19, 2025
NATIONAL Australia Bank, the country’s biggest business lender, said on Wednesday that first-quarter profit slipped as competition for customers ate into margins and more borrowers fell behind on repayments,...