Lifestyle
Nvidia tops US$3 trillion in value, leapfrogging past Apple
NVIDIA was already the world’s most valuable semiconductor firm. Now, it’s become the first computer chip company ever to hit US$3 trillion in market capitalisation.The shares of the Santa...
Oil rises 1% as Fed rate cut optimism offsets demand fears
OIL prices climbed 1 per cent on Wednesday (Jun 5), rebounding from four-month lows, as hopes of an interest rate cut by the US Federal Reserve in September outweighed...
Lockheed Martin to buy up to 25 rocket launches from Firefly Aerospace
Lockheed Martin has entered a purchase agreement with Firefly Aerospace for up to 25 launches on its Alpha rocket by 2029, the US defence contractor said on Wednesday (Jun...
Etihad Airways forms joint venture with China Eastern to boost growth
ETIHAD Airways has formed a joint venture with China Eastern Airlines under which the carriers will coordinate flights and share revenues on selected routes, as the Abu Dhabi flag...
StanChart banks on international ties amid demand for cross-border wealth needs: James Lye
INTERNATIONAL banking is increasingly becoming a key driver for Standard Chartered Bank’s (SCB) affluent business, as more clients look for wealth offerings outside of their home jurisdictions, said James...
China’s Sinograin to expand wheat stockpiles as global supplies fall
CHINA will expand its wheat stockpile by increasing buying from domestic producers as the world’s top producer and consumer of the staple grain looks to secure supply amid recent...
NXP, Vanguard to invest US$7.8 billion in Singapore wafer plant
NXP Semiconductors and TSMC-backed Vanguard announced a US$7.8 billion joint venture to produce silicon wafers on Wednesday (Jun 5), joining other chipmakers setting up plants in Singapore to diversify...
COE premiums fall across the board; mainstream car category posts largest drop in 2024 to date
PREMIUMS for Certificates of Entitlement (COE) fell for all categories in June’s first round of bidding. Passenger car premiums – Category A and B – led the way with...
