News

Indonesia seen to cut rate twice this year amid US tariff talks
[ad_1] [JAKARTA] Indonesia’s central bank is expected to resume monetary easing after holding its rate unchanged for three consecutive meetings, moving to bolster economic growth against the backdrop of rising...
‘Set up the robot and go for coffee’: ISOTeam bets on automation in its next stage of growth
[ad_1] [SINGAPORE] Anthony Koh may already be 59 years old, but the chief executive officer of ISOTeam is still enrolling himself in artificial intelligence (AI) courses. The head of the...
CEOs celebrate Warren Buffett as he calls a close on 5,500,000% run
[ad_1] [NEW YORK] Apple’s Tim Cook called him inspiring. Bank of America’s Brian Moynihan praised his lessons on life and business. JPMorgan’s Jamie Dimon said he’s “everything that is good...
Saudis warn of more supply unless Opec+ cheats fall in line
[ad_1] Coinciding with US President Donald Trump’s trade war, the supply hikes are taking a brutal toll on oil prices, which have sunk to a four-year low near US$60 a...
Trump says he would give TikTok another extension if needed
[ad_1] Published Sun, May 4, 2025 · 10:37 PMPresident Donald Trump said he would give social-video platform TikTok another extension of a deadline to sell to a US owner if...
China’s Ant plans to list overseas unit in Hong Kong: report
[ad_1] Published Sun, May 4, 2025 · 06:57 PM[HONG KONG] Ant, an affiliate of China’s e-commerce giant Alibaba, plans to list its overseas arm, Ant International, on the Hong Kong...
Apple has made splashy bets in Hollywood. Are they paying off?
[ad_1] In the first episode of the Apple TV+ show “The Studio,” Oscar-winning director Martin Scorsese sells his script to the fictional Continental Studios, only to be told later by...
Big Oil isn’t budging on output as Opec+ supply hike looms
[ad_1] The largest western oil producers are mostly sticking with their growth plans for now, despite a 16 per cent decline in crude prices during April and a decision by...
Etihad is squeezing outsized luxuries into its smallest aircraft
[ad_1] [DUBAI] When Etihad Airways received its first Airbus A380 jets a good decade ago, the airline furnished the front of the giant double decker with a veritable luxury playground...
Opec+ agrees another accelerated oil output hike for June
[ad_1] [LONDON/DUBAI] Opec+, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, has agreed to accelerate oil production hikes for a second consecutive month, raising...
India’s largest bank plans to raise 250 billion rupees in share sale
[ad_1] [MUMBAI] State Bank of India, or SBI, plans to raise 250 billion rupees (S$3.8 billion) through new shares and this fiscal year, marking the first equity raising by the...
Apple eases App Store rules under court pressure
[ad_1] [CUPERTINO] Apple on Friday (May 2) relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap the benefit.Apple’s update to...