Technology
US dollar weakens against Singdollar as tariff uncertainty roils markets
[SINGAPORE] The US dollar fell to its weakest point against the Singapore dollar since November 2024, as markets continued to be volatile following continued global trade uncertainty.The greenback has...
CATL gets Hong Kong approval for this year’s biggest listing
CATL’s global expansion is under increasing threat as China-US tensions intensify[HONG KONG] Contemporary Amperex Technology Co Limited (CATL), the top maker of batteries for electric vehicles, won Hong Kong’s...
Exits to remain tough for South-east Asia private equity despite uptick in 2024
[SINGAPORE] Private equity (PE) enjoyed upticks in deal value and number of exits in 2024, but the exit environment remains tough, a report by management consultancy Bain & Company...
Berkshire sells 90 billion yen bonds in smallest Japan deal
[TOKYO] Berkshire Hathaway priced 90 billion yen (S$628 million) of bonds on Friday (Apr 11), completing the yen deal even as sharp market volatility prompted several Japanese companies to...
Tariff volatility to benefit SGX; Macquarie upgrades shares, lifts target price
[SINGAPORE] As tariffs decimate the financial sector, the Singapore Exchange (SGX) is set to position itself as a defensive option with its suite of hedging products, said Macquarie analyst...
Europe: Shares notch best day in over three years after Trump’s tariff pause
EUROPEAN shares jumped on Thursday, with most indexes recording their biggest one-day gains since 2022, after US President Donald Trump’s pause on reciprocal tariffs for most trading partners prompted a...
US: S&P 500 ends down 3.5% as stocks resume tariff sell-off
[NEW YORK] Wall Street stocks suffered another battering on Thursday, giving back a sizeable portion of the prior session’s gains as investors grappled with lingering uncertainty about President Donald Trump’s trade...
Prada Buys Versace in Historic $1.4 Billion Move, Marking Luxury Fashion’s Biggest Comeback Story
Prada has officially announced the acquisition of iconic fashion house Versace. The deal, valued at around $1.4 billion in cash, was confirmed by Prada on Thursday. The move signals...
Jillian Lauren, Wife of Weezer Bassist Scott Shriner, Arrested After Police Shooting Incident at Her Los Angeles Home [Video]
Jillian Lauren, author and wife of Weezer bassist Scott Shriner, was released on a $1 million bond after being arrested for attempted murder. The 51-year-old was shot by police...
