Technology
Australia’s central bank holds rates as it frets over trade war risk
[SYDNEY] Australia’s central bank on Tuesday (Apr 1) left its cash rate steady as widely expected but took a small step towards further easing in a policy meeting dominated...
Shell completes Singapore refinery sale to Chandra Asri-Glencore joint venture
[SINGAPORE] Shell has completed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore joint venture, the company said on Tuesday (Apr 1), and trade sources...
Asia: Markets edge back but Trump tariff fears dampen mood
[HONG KONG] Asian markets mostly rose on Tuesday, clawing back some of the hefty losses suffered in recent weeks, though sentiment remains sluggish and gold hit another record high...
Several key executives exit SingPost amid restructuring retrenchment
[SINGAPORE] Several executives of Singapore Post (SingPost) appear to have abruptly exited the company, with four of them in key roles, in the latest leadership changes at the national...
Insurers brush off impact of higher MediShield Life premiums
[SINGAPORE] Changes to MediShield Life, which kick in on Tuesday (Apr 1), may place some strain on insurance players who offer the associated Integrated Shield Plan (IP), but some...
Keppel divests entire stake in Vietnam’s Palm City for 2.6 trillion dong
[SINGAPORE] Global asset manager Keppel, through its real estate division, has divested its entire 42 per cent stake in South Rach Chiec City – the developer of the Palm...
Gold steady near all-time high as Trump’s tariff plans stir inflation woes
GOLD prices on Tuesday hovered near a record high scaled in the previous session, as investors remained anxious that US President Donald Trump’s reciprocal tariffs on all nations might...
OpenAI finalizes a record $40-billion funding round
OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in $40 billion from SoftBank Group Corp. and other investors at a...
