Technology
Shell says it has no intention of making an offer for BP
[LONDON] Shell said it has no intention of making a takeover offer for BP, refuting an earlier report that two of Europe’s biggest companies were in active merger talks.
The...
Trump-backed crypto firm is planning stablecoin audit, new app
[NEW YORK] Zak Folkman, the co-founder of US President Donald Trump’s cryptocurrency platform World Liberty Financial (WLF), said on Wednesday (Jun 25) that the company will issue an audit...
Xiaomi launches YU7, undercutting Tesla’s Model Y on price
[BEIJING] Chinese EV and smartphone maker Xiaomi on Thursday (Jun 26) priced its new electric YU7 SUV from 253,500 yuan (S$45,102), almost 4 per cent below Tesla’s Model Y,...
US Federal Reserve releases plan to relax key bank capital rule
[WASHINGTON] The US Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more Treasuries and act as...
Billionaire Richard Li’s FWD Group seeks to raise HK$3.47 billion in Hong Kong IPO
Published Thu, Jun 26, 2025 · 06:38 AMINSURER FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion (S$565.3 million) through a Hong Kong initial public...
US Federal Reserve’s Powell says tariff-driven inflation remains a big question
[NEW YORK] US Federal Reserve chair Jerome Powell on Wednesday (Jun 25) said the US central bank is still struggling to determine the impact of tariffs on consumer prices.“The...
Wary of Washington, Europe frets it will be left behind on an AI battlefield
THE HAGUE — Days before NATO was set to convene in the Netherlands, one of its top commanders, Pierre Vandier, tasked with transforming the alliance for the next fight, put out...
OpenAI Developing Productivity Suite to Compete with Microsoft and Google in AI Workspace Battle
Generative AI pioneer OpenAI is heating up the productivity suite race by reportedly building a 'productivity' platform to rival Microsoft and Google, among others. The company is currently working on...
