Lifestyle
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
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 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%
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 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 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’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...
Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2
TELECOM equipment maker Ericsson reported on Tuesday (Apr 16) a first-quarter adjusted profit that beat expectations and said sales might stabilise in the second half of the year despite...
