Technology
Digital bank Monzo reports first annual profit in run-up to IPO
Monzo reported its first annual profit on Monday (Jun 3) in a milestone for the fast-growing British digital bank as it works towards its goal of a stock market...
Qualcomm says laptop users will leave power bricks behind
QUALCOMM said owners of laptops built on its new chips will be able to use the computers as much as they want without having to worry about the battery...
Pakistani Mother Who Killed Her Teen Daughter in Italy After She Refused to Marry Her Cousin, Arrested
The mother of Saman Abbas, a teenager who was killed by her family in Italy in 2021, has been arrested in the disputed Himalayan region of Kashmir.The mother, 51-year-old...
SGX reprimands former executive chairman and CEO of Raffles Infrastructure for breaching mainboard rules
THE Listings Disciplinary Committee (LDC) of the Singapore Exchange (SGX) publicly reprimanded Wu Xinhua, former executive chairman and chief executive officer of Raffles Infrastructure Holdings, for breaking listing rules.This...
Brokers’ take: KGI initiates ‘outperform’ on OUE Reit with S$0.309 target price
KGI Securities has initiated an “outperform” recommendation on OUE Real Estate Investment Trust (Reit), with a 12-month target price of S$0.309. On Friday (May 31), KGI analyst Alyssa Tee attributed...
Chinese EV makers defy industry slump as price cuts boost sales
PRICE cuts and new models helped Chinese electric vehicle (EV) makers, including BYD and Nio, continue to grow sales in May even as the overall market for passenger cars...
Gold holds steady as investors await US data for more Fed clues
GOLD prices steadied on Monday (Jun 3) as investors looked forward to more US economic data for clues on when the Federal Reserve might start its monetary policy easing...
Singapore shares rise at Monday’s open; STI up 0.3%
SINGAPORE equities began trading in positive territory on Monday (Jun 3), after all three major US indexes ended the week significantly higher.As at 9.01 am, the Straits Times Index...
