Lifestyle
Tencent shares jump after video drives big earnings beat
TENCENT Holdings climbed by the most in more than three weeks after better-than-anticipated earnings suggested the WeChat operator was making headway against ByteDance in a volatile Chinese Internet arena.China’s...
IBM to add 800 AI-related jobs in Ireland
INTERNATIONAL Business Machines (IBM) plans to hire up to 800 more people in Ireland to help build advanced software underpinned by artificial intelligence (AI) technology, the biggest job announcement...
Singapore shares advance after global indices hit all-time highs; STI up 0.5% at Thursday’s open
SINGAPORE stocks started Thursday (May 16) on a strong note tracking overnight gains in global markets, after US core inflation hit its slowest in three years and retail sales...
Stablecoin issuer Circle to make US legal home ahead of listing
CIRCLE Internet Financial, issuer of crypto’s second-largest stablecoin, plans to shift its legal base to the US from the Republic of Ireland.A company spokesperson confirmed on Tuesday (May 14)...
Grab’s Q1 loss narrows to US$115 million
Grab reported a net loss of US$115 million for the first quarter of 2024, narrowing 54 per cent from its loss of US$250 million a year prior. This was...
Interest rates should stay on hold ‘for a while longer’: Federal Reserve’s Kashkari
MINNEAPOLIS Federal Reserve Bank President Neel Kashkari on Wednesday reiterated his view that he is unsure how restrictive monetary policy is right now, and that borrowing costs should stay where...
Google focuses on security with next version of Android software
ALPHABET’S Google is bolstering security features in the latest version of Android, the world’s most popular mobile operating system, which it previewed at the company’s annual developer conference.Android 15...
Goldman Sachs hires from rivals to expand in mid-market deals
GOLDMAN Sachs told Reuters it has hired two investment bankers from rival banks as part of a push to advise on more smaller deals worth up to US$2 billion.
The...
US: S&P 500, Nasdaq hit intraday record highs after inflation data
Wall Street’s main indexes opened higher on Wednesday (May 15), with the Nasdaq and the S&P 500 hitting intraday record highs after consumer prices increased less than expected in...
SIA staff rewarded with nearly 8 months of bonus pay as airline posts record S$2.7 billion profit for FY2024
SINGAPORE Airlines (SIA) : C6L 0%is said to be rewarding eligible employees with a profit-sharing bonus of 7.94 months for FY2024, following the group’s record earnings, The Business Times...