Technology
Volvo EV deliveries to the US delayed by higher tariffs on China
VOLVO Cars will postpone United States shipments of its best-selling electric vehicle (EV) model as it shifts production from China in the wake of tariff hikes. The EX30 was...
Amazon plans discount web store in effort to counter Temu, Shein
AMAZON.COM plans to launch an online storefront for low-priced apparel and home goods, the company’s biggest move to date to counter the rise of discount upstarts such as Temu...
Jefferies profit soars as investment-banking momentum builds
JEFFERIES Financial Group’s earnings climbed as investment-banking revenue surged and debt underwriting more than doubled, adding to signs of brightening prospects for the biggest US banks.Fiscal second-quarter investment-banking revenue...
Oil settles slightly up as global supply risks offset US demand concerns
OIL prices settled slightly higher on Wednesday despite a surprise jump in US petrol supplies, as investors worried that a potential expansion of the Gaza war could disrupt crude supplies...
US: Stocks end higher as FedEx surges
WALL Street stocks finished higher after a choppy session on Wednesday that saw big moves in some individual stocks after corporate earnings, with FedEx rising and General Mills tumbling.Shipping giant FedEx surged 15.5...
Amazon hits US$2 trillion in valuation on AI fervour, rate-cut bets
AMAZON.COM hit US$2 trillion in market value for the first time on Wednesday (Jun 26), becoming the fifth US company to surpass that level as optimism around artificial intelligence...
Japan offers valuable lessons in building healthy market ecosystems
Timely and effective government support is key to stabilising and growing the sectorJAPAN’S recent stock market reforms have marked a significant turning point for its economy, offering valuable lessons...
Who is Edward Kang? New Jersey Gamer Flies to Florida, Hammers Another Gamer with a Hammer
A 20-year-old man from New Jersey has been charged with attempted second-degree murder after allegedly assaulting another gamer with a hammer in Florida.Edward Kang traveled from New Jersey to...
