Technology
Singapore Truck Bursts into Flames Causing Heavy Traffic on PIE; No Injuries Reported
Singapore motorcyclists were caught in a heavy traffic on the PIE, after a truck caught fire near Bukit Timah on Wednesday, May 7.The Singapore Civil Defence Force (SCDF) said...
Musk hits back at OpenAI’s claim he’s on quest to harm startup
[SAN FRANCISCO] Elon Musk fired back at OpenAI’s accusation that he has been waging a “relentless” campaign for more than a year to damage the startup.In a court filing...
Malaysia central bank keeps key rate at 3%, flags weaker global outlook
[KUALA LUMPUR] Malaysia’s central bank kept its benchmark interest rate unchanged on Thursday (May 8) despite an expected slowdown in economic growth due to a global trade war.
Bank Negara...
Toyota sees 180 billion yen profit hit in two months from tariffs
[TOKYO] Toyota Motor said US President Donald Trump’s tariffs will result in a 180 billion yen (S$1.6 billion) hit to operating income in just two months, with the Japanese...
DBS loan demand to remain strong in H1, full-year growth likely at 5 to 6%: CEO Tan Su Shan
[SINGAPORE] DBS expects its loan demand will remain strong in the first half of 2025, but warned that it may slow in the second half if the trade war...
US Fed rate pause keeps Asian markets steady, but watch out for tariffs: market observers
[SINGAPORE] The US Federal Reserve keeping rates steady is a plus for stability in Asia’s financial markets, but trade uncertainty from tariffs remains a key risk for equities and...
DBS shares jump more than 2% after earnings beat estimates
Its shares outperformed UOB and OCBC in morning trade.[SINGAPORE] DBS shares rose 2.1 per cent or S$0.88 on Thursday (May 8) to reach S$43.64 as at 11.26am. It bucked...
Gold rises as Fed warns of economic uncertainty; Sino-US trade talks eyed
Published Thu, May 8, 2025 · 09:30 AM[BENGALURU] Gold prices climbed on Thursday (May 8) after the Federal Reserve warned of rising inflation and labour market risks fuelling economic...
