News

US Justice Department reaches deal with Boeing to allow planemaker to avoid prosecution
[ad_1] [WASHINGTON] The US Justice Department (DOJ) said on Friday (May 23) it has struck a deal in principle with Boeing to allow it to avoid prosecution in a fraud...
Trump shocks with US Steel-Nippon approval but details elusive
[ad_1] [NEW YORK] US President Donald Trump on Friday (May 23) announced a partnership between United States Steel and Japan’s Nippon Steel, shocking markets with an agreement he said would...
Europe: Stocks close week lower on Trump’s EU, Apple tariff threats
[ad_1] [BENGALURU] European shares closed sharply lower on Friday (May 23) after US President Donald Trump ramped up threats of tariffs on the European Union and smartphone giant Apple, reigniting...
Apple is back in Trump’s crosshairs over where iPhones are made
[ad_1] Apple Chief Executive Tim Cook can’t seem to catch a break.Last month, Apple appeared to secure a major win when the Trump administration agreed to remove tariffs on certain...
US: Wall St falls at open after Trump threatens EU, Apple with fresh tariffs
[ad_1] Published Fri, May 23, 2025 · 09:40 PM[NEW YORK] Wall Street dropped at the open on Friday (May 23) after US President Donald Trump recommended 50 per cent tariffs...
Trust Bank’s FY2024 loss narrows to S$93.4 million
[ad_1] Deposit balances double to S$3.8 billion, from S$1.9 billion a year ago, attributable to the launch of Trust+[SINGAPORE] Trust Bank on Friday (May 23) reported a loss of S$93.4...
Foxconn among potential bidders for Singapore chip assembly firm UTAC in US$3 billion deal: sources
[ad_1] [HONG KONG] Taiwan’s Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that could value the company at about US$3...
Great Eastern gets another extension to Jun 8 to announce plan to restore free float
[ad_1] It will update shareholders on the finalised proposal shortly, no later than Jun 8[SINGAPORE] Great Eastern Holdings has been granted yet another extension of time to comply with free...
The best is yet to be for Tengah property prices, say DBS analysts
[ad_1] [SINGAPORE] Property developers such as GuocoLand could benefit from a potential rise in home prices near popular primary schools, particularly in emerging areas like Tengah New Town. Still, DBS Group...
Gold heads for best week in more than a month on US fiscal worries
[ad_1] GOLD was set for its best weekly gain in more than a month on Friday, as a softer dollar and mounting concerns about the deteriorating fiscal outlook for the...
Metro sinks into the red with H2 net loss of S$228.1 million on lower revenue
[ad_1] [SINGAPORE] Metro sank into the red for its second half ended March, with a net loss of S$228.1 million, reversing from a S$6.4 million net profit in the previous...
Stocks to watch: Yangzijiang Shipbuilding, Metro
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 23).Yangzijiang Shipbuilding: The marine vessel manufacturer reported that its year-to-date order wins...