Culture
Tesla moves to stymie shareholder lawsuits after Musk pay saga
Published Sun, May 18, 2025 · 10:00 AM[NEW YORK] Tesla took a step to prevent future shareholder lawsuits like the one that blocked a record-setting pay package for chief...
Trump’s rush to cut AI deals in Saudi Arabia, UAE opens rift with China hawks
[HONG KONG] US President Donald Trump’s flurry of artificial intelligence (AI) deals during his tour of the Middle East is opening a rift within his own administration as China...
Family offices added US stocks ahead of Trump’s ‘Liberation Day’
Published Sun, May 18, 2025 · 08:00 AM[LONDON] Investment firms for the world’s wealthy increased their stock bets ahead of US President Donald Trump imposing new tariffs that sent...
Nissan plans to close plants in Japan, Mexico: Yomiuri
[TOKYO] Nissan Motor plans to close two factories in Japan, as well as locations in four other countries as part of its restructuring and cost-cutting process, the Yomiuri newspaper...
Oil posts weekly gain but remains under supply hike pressure
[HOUSTON] Oil settled higher on Friday (May 16), notching a second straight week of gains on easing US-China trade tensions, although prices were held back by expectations of higher...
US: Wall Street advances on trade hopes, data shows investor pessimism
[NEW YORK] Wall Street’s main indices rose on Friday (May 16) for their fifth straight day, buoyed by the US-China tariff truce earlier in the week even as economic...
Microsoft offers to price Office without Teams cheaper to end antitrust probe
EC will seek feedback from rivals and customers before deciding whether to accept the offerPublished Fri, May 16, 2025 · 09:20 PM[BRUSSELS] Microsoft has offered to sell its Office...
SGX RegCo, MAS proposals viewed as positive step forward but inadequate without deeper market reform
[SINGAPORE] The Singapore stock market will need deeper structural reforms to address longstanding challenges, market watchers told The Business Times.While market participants were mostly positive about proposals unveiled by...
SGX RegCo, MAS proposals are a positive step forward, but inadequate without deeper market reform: market watchers
[SINGAPORE] The Singapore stock market will need deeper structural reforms to address longstanding challenges, market watchers told The Business Times.While market participants were mostly positive about proposals unveiled by...
Singapore shares climb on Friday; STI gains 0.2%
Singtel is one of the most traded counters after announcing it had sold part of its stake in Bharti Airtel[SINGAPORE] Local stocks rose on Friday (May 16), a day...
Citi to cut up to 200 tech contractor roles in China
[HONG KONG] Citigroup is cutting up to 200 information technology (IT) contractor roles in China, two people familiar with the matter said, as the bank looks to hire its...
No plans for layoffs; HK$1.5 billion investment in Greater China to continue: OCBC’s Helen Wong
[SINGAPORE] OCBC has no plans to implement “major” layoffs despite macroeconomic uncertainties arising from US tariffs, said the bank’s group chief executive officer Helen Wong on Friday (May 16).“We’re...