Singapore stocks retreat amid mixed Asia trading; STI down 0.4%

Singapore stocks retreat amid mixed Asia trading; STI down 0.4%

[ad_1] Across the broader market, gainers trail losers 248 to 337, after 1.8 billion securities change hands [SINGAPORE] Singapore stocks ended lower on Friday (May 8) amid a mixed showing around the region. The benchmark Straits Times Index (STI) lost 0.4 per cent or 20.06 points to finish at 4,921.90. Jardine Matheson led the gainers…

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Zara denies infringing Jo Malone trademark in Estee Lauder case

Zara denies infringing Jo Malone trademark in Estee Lauder case

[ad_1] Published Fri, May 8, 2026 · 05:37 PM [LONDON] Fashion retailer Zara has denied infringing Estee Lauder’s Jo Malone trademark, saying in UK High Court filings that it uses the perfumer’s name on fragrances it sells in collaboration with her in line with principles the cosmetics giant set out in 2020. Estee Lauder bought…

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TSMC’s sales grow slowest in months even as AI buildout persists

TSMC’s sales grow slowest in months even as AI buildout persists

[ad_1] Published Fri, May 8, 2026 · 05:32 PM [TAIPEI] Taiwan Semiconductor Manufacturing (TSMC) posted its slowest pace of monthly revenue expansion since October, highlighting the potential challenges of sustaining a torrid artificial intelligence-fuelled pace of growth. Sales in April rose 17.5 per cent to NT$410.7 billion (S$16.6 billion), their smallest rise in about six…

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Food prices rise to highest in three years on Iran war costs

Food prices rise to highest in three years on Iran war costs

[ad_1] Global growers are already warning of decreasing planting areas and crop yields with costs surging Published Fri, May 8, 2026 · 04:56 PM GLOBAL food prices rose to their highest in more than three years as the Iran war disrupted supply chains, raising the prospect of higher bills for shoppers.  The United Nations’ index…

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SoftBank cuts target for OpenAI margin loan by 40% to US$6 billion

SoftBank cuts target for OpenAI margin loan by 40% to US billion

[ad_1] Valuation concerns over the unlisted tech giant led investors to trim the US$10 billion plan Published Fri, May 8, 2026 · 04:27 PM [TOKYO] SoftBank Group has downsized plans for a US$10 billion margin loan backed by its OpenAI stake after facing hesitation from some creditors, people familiar with the matter said. In separate…

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Trump demands Hakeem Jeffries be charged with inciting violence with ‘maximum warfare’ rhetoric

Trump demands Hakeem Jeffries be charged with inciting violence with ‘maximum warfare’ rhetoric

[ad_1] President Donald Trump accused House Minority Leader Hakeem Jeffries, D-N.Y., of inciting the most recent assassination attempt against him, further escalating his feud with the top Democrat. Trump argued in a Truth Social post on Thursday that Jeffries should be arrested after promoting “warfare” against Republicans just days before the assassination scare at the White House Correspondents’ Association…

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US said to suspect Nvidia chips smuggled to Alibaba via Thailand

US said to suspect Nvidia chips smuggled to Alibaba via Thailand

[ad_1] Since 2022, Washington has effectively blocked these processors from going to China over concerns that advanced AI could lend Beijing a military edge A KEY company behind Thailand’s national AI effort is suspected of helping to smuggle billions of dollars worth of Super Micro Computer servers containing advanced Nvidia chips to China, with Alibaba…

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‘Star Wars’ actor Mark Hamill deletes image depicting Trump as deceased, posts new photo to ‘apologize’ after backlash

‘Star Wars’ actor Mark Hamill deletes image depicting Trump as deceased, posts new photo to ‘apologize’ after backlash

[ad_1] “Star Wars” actor Mark Hamill deleted a photo depicting President Trump as deceased and posted a new image to “apologize” on Thursday. Hamill faced backlash for posting on Bluesky what appeared to be Trump lying over a grave just days after an assassination attempt at the White House Correspondents’ Association Dinner with the caption “If Only.”…

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