Culture
Ship carrying EVs abandoned in Pacific after catching fire
[LONDON] A ship carrying about 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire on Tuesday (Jun 3), highlighting a growing risk...
Vingroup seeks private loan to buy KKR’s stake in Vinschool
Published Thu, Jun 5, 2025 · 12:17 PM[SINGAPORE] Vietnamese conglomerate Vingroup is seeking a around US$300 million private credit loan to purchase KKR’s stake of about 38 per cent...
Asia: Most markets rise as US data feeds rate-cut hopes
[HONG KONG] Asian shares mostly rose on Thursday after soft US economic data boosted expectations the Federal Reserve will soon cut interest rates and put the focus on key...
Gold edges higher as soft US data lifts safe-haven demand
Published Thu, Jun 5, 2025 · 09:24 AM[BENGALURU] Gold prices nudged higher on Thursday (Jun 5), as weaker-than-expected US economic data spurred demand for safe-haven assets, while market participants...
Amazon’s delivery, logistics get an AI boost
[SUNNYVALE, California] Amazon wants customers to know that artificial intelligence is not just for writing college essays.In a series of announcements on Wednesday, Amazon demonstrated how stockroom robots, delivery...
Stablecoin issuer Circle raises US$1.05 billion in upsized US IPO
[BENGALURU] CIRCLE Internet on Wednesday (Jun 4) priced its upsized US initial public offering (IPO) at US$31 apiece, raising US$1.05 billion, adding fresh momentum to a growing pipeline of...
Even after explosive run, European defence stocks may still have firepower left
[SINGAPORE] On Sunday (Jun 1), more than 100 Ukrainian drones, reportedly launched from deep in Russian territory, damaged or destroyed US$7 billion worth of Russian aircraft.That same day, Ukraine...
Why Monaco to Hawkfest Is My Ultimate Journey
I’ve mapped out the perfect journey that combines luxury travel with an epic finale to an unforgettable event. Starting in Monaco, we’ll embark on a cross-continental adventure that ends...
Europe: German stocks rise on tax relief package approval; Stoxx 600 touches one-week high
EUROPEAN stocks closed higher on Wednesday, buoyed by Berlin’s approval of a 46- billion euro (S$68.2 billion) corporate tax relief package aimed at kick-starting growth.The relief package, the first...
STMicro to cut 5,000 jobs in next 3 years, says CEO
[AMSTERDAM] STMicroelectronics expects 5,000 staff to leave the company in the next three years, including 2,800 job cuts announced earlier this year, its chief executive said on Wednesday (Jun...
OCBC partners Ant International to offer embedded finance to Indonesia SMEs
[SINGAPORE] OCBC has partnered digital payment, digitisation and financial technology provider Ant International to provide embedded financial services to small and medium-sized (SMEs) enterprises in Indonesia.The collaboration is set...
