Real Estate
Netflix tests biggest TV app redesign in 10 years
NETFLIX started rolling out the first major revamp of its television app in a decade on Thursday (Jun 6), testing changes designed to help viewers more quickly decide what...
Robinhood to buy crypto exchange Bitstamp in global push
ROBINHOOD Markets will acquire the European cryptocurrency exchange Bitstamp for US$200 million as part of the financial technology company’s expansion outside of its home market in the US.The deal,...
China securities regulator seeks to ease market panic over delisting risks
CHINA’S securities watchdog does not expect a near-term spike in delistings, it said on Thursday (Jun 6), after investors dumped shares in small-cap companies on fears they could be...
Nio’s loss exceeds expectations as EV competition crimps sales
NIO reported a bigger-than-expected loss in the first quarter, highlighting how increased competition in the electric vehicle market is making it more difficult for the company to become profitable.
The...
No change to STI constituents following June review
THERE will be no changes to the constituents of the Straits Times Index (STI), following the June quarterly review.The reserve list will also remain unchanged, said STI administrator FTSE...
Changi Airport Group full-year net profit up 13 times to S$431 million on post-Covid recovery
CHANGI Airport Group (CAG) saw a jump in net profit to S$431 million for the full year ended Mar 31, up from S$33 million in the year-ago period.Revenue rose...
Clean energy investment set to run at double fossil-fuel spend
Investment in clean energy technologies will climb to US$2 trillion this year, almost double the amount spent on fossil fuels, according to the International Energy Agency (IEA).Two-thirds of the...
US probes Microsoft’s deal with AI firm Inflection
US regulators are investigating whether a deal Microsoft struck with AI startup Inflection may have been structured to avoid scrutiny, the Wall Street Journal reported, citing a person familiar...