Technology
US: Wall St opens higher after Friday sell-off, Middle East tensions subside
WALL Street’s main indexes opened higher on Monday (Apr 22) after steep losses in the previous session as easing Middle East tensions buoyed risk appetite, while investors looked ahead...
US dollar forges higher after volatile week, yen in spotlight
THE US dollar gained against the euro and yen on Monday (Apr 22) after the most volatile week of trading in months for currency markets, as investors assessed policy...
Saudi Aramco in talks to buy 10% of China’s Hengli Petrochemical
SAUDI oil giant Aramco said on Monday (Apr 22) it is in talks to acquire a 10 per cent stake in China’s Hengli Petrochemical, a deal which would further...
Opinion: You don’t need to own an iPhone for the government lawsuit against Apple to benefit you
Last month, the Department of Justice filed its long-awaited antitrust suit against Apple, accusing the company of monopolizing the smartphone market. This makes Apple the last of the U.S.-based...
Nearly 3 million Californians at risk of losing home internet service as subsidy expires
Four years ago, Claudia Aleman and her family had only one way to get online — through their cellphones. Without internet service on a computer, her youngest daughter couldn’t...
Brokers’ take: DBS raises StarHub target price on potential Ensign spin-off
DBS Group Research has raised its price target for StarHub to S$1.54 from S$1.25 with expectations for the company’s cybersecurity business, Ensign InfoSecurity, to go public before October 2025.Analyst...
MAS issues 12-year prohibition order against former Manulife representative for cheating
THE Monetary Authority of Singapore (MAS) on Monday (Apr 22) said it issued a 12-year prohibition order against a former Manulife representative for cheating offences.
Ong Ka Yong, a...
Vietnam set to launch new stocks trading system in bid for market upgrade
VIETNAM is readying the launch next week of a new stocks trading system that would speed up settlement of transactions, as part of reforms aimed at upgrading the country’s...
‘Heavy congestion’ in South-east Asia transhipment ports prompts feeder operators to levy surcharge
A GROUP of Asian feeder operators is imposing an emergency cost recovery surcharge to mitigate the “significant increase” in operational costs arising from “heavy congestion” at major transhipment ports...