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US: Stocks flat as Powell warns of longer inflation fight
US: Stocks flat as Powell warns of longer inflation fight
WALL Street stocks ended little changed on Tuesday as markets digested mixed economic data and Federal Reserve commentary suggesting interest rates would remain high for longer.Fed Chair Jerome Powell said reining...
AMD introduces AI chips for business laptops and desktops
AMD introduces AI chips for business laptops and desktops
ADVANCED Micro Devices (AMD) unveiled a new series of semiconductors for artificial intelligence-enabled business laptops and desktops on Tuesday (Apr 16) as the chip designer looks to expand its...
BYD unveils two models in latest luxury sport utility push
BYD unveils two models in latest luxury sport utility push
BYD doubled-down on its expansion into luxury sport utility vehicles and off-roaders with two new models to take on the likes of Jaguar Land Rover Automotive. China’s biggest automaker unveiled...
US: Dow, S&P open higher as upbeat earnings obscure Mid-east jitters
US: Dow, S&P open higher as upbeat earnings obscure Mid-east jitters
THE Dow and the S&P 500 opened higher on Tuesday (Apr 16), with health insurers leading the charge following upbeat results from industry major UnitedHealth, while investors kept tabs...
J&J profit beats Wall Street estimates
J&J profit beats Wall Street estimates
JOHNSON & Johnson’s first-quarter profit beat estimates as the health giant’s drug sales came in higher than Wall Street analysts expected. Adjusted quarterly profit was US$2.71 a share, J&J said...
Japan’s Nissan bets on solid-state batteries, gigacasting for next-gen EVs
Japan’s Nissan bets on solid-state batteries, gigacasting for next-gen EVs
JAPAN’S Nissan Motor will begin to produce solid-state batteries for electric vehicles at scale by early 2029 and use huge casting machines as it seeks to raise efficiency and...
No market cheer for China data; STI down 1.2%
No market cheer for China data; STI down 1.2%
THE Straits Times Index (STI) ended Tuesday (Apr 16) at 3,144.76 points, down 38.85 points or 1.2 per cent. This marked its fourth consecutive fall, as investors took their...
Court lets OK Lim’s daughter leave Singapore, bail doubled to S0,000
Court lets OK Lim’s daughter leave Singapore, bail doubled to S$100,000
LIM Huey Ching – the daughter of fallen oil tycoon Lim Oon Kuin or OK Lim – was on Tuesday (Apr 16) granted conditional permission by the state courts...
Japan’s tepid warning on yen fuels renewed weakness ahead of IMF meetings
Japan’s tepid warning on yen fuels renewed weakness ahead of IMF meetings
JAPAN’S finance minister warned he was ready to take action in the foreign exchange market if needed, but stopped short of his maximum threat, comments that fuelled renewed yen...
Tesla global job cuts hit China sales team
Tesla global job cuts hit China sales team
TESLA’S global job cuts are hitting China, the automaker’s biggest market after the United States, affecting staff in teams including sales, two sources briefed on the matter said.CEO Elon...