Technology
SGS bond demand to stay high as safe havens sought amid tariff risks, Middle East tensions: RHB
[SINGAPORE] Demand for Singapore Government Securities (SGS) bonds is set to stay high amid investor caution, as traders flock to safe havens on tariff uncertainty and Middle East tensions,...
Bumble to lay off 30% of global workforce as dating apps struggle
[BENGALURU] Bumble said on Wednesday (Jun 25) it would lay off nearly a third of its workforce, the latest cuts in a dating app industry striving to develop features...
Microsoft and OpenAI dueling over artificial general intelligence: report
Published Thu, Jun 26, 2025 · 08:46 AMMICROSOFT and OpenAI are at odds over a contractual provision related to artificial general intelligence, The Information reported on Wednesday.Under the current...
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...
