News

Shein’s London IPO stalled amid US tariff fallout
[ad_1] [HONG KONG] Shein Group’s initial public offering (IPO) plan has slowed to a crawl as the retailer assesses the impact of US tariffs on its business and awaits regulatory...
Tiny logistics firm’s shares surge on plan to buy Trump Coin
[ad_1] Published Sun, May 4, 2025 · 09:00 AM[NEW YORK] A small logistics company’s plan to hold US President Donald Trump’s memecoin as a treasury asset is fuelling its blistering...
Warren Buffett’s favourite valuation indicator flashes buy signal
[ad_1] [NEW YORK] A key valuation metric touted by legendary investor Warren Buffett is signalling that equities are relatively cheap, bolstering the case that the sizzling rebound in US stocks...
JetZero’s triangle-shaped jet on track to fly by late 2027
[ad_1] [LOS ANGELES] JetZero, the startup aiming to take on planemakers Airbus and Boeing, is on track to fly the first full-scale model of its manta ray-shaped jetliner by late...
Cyberattacks blight Britain’s retailers as M&S, Co-op’s systems’ breached
[ad_1] [LONDON] Britain’s Marks & Spencer (M&S) entered a second week unable to take online orders on Friday (May 2) following a major cyberattack, while food retailer the Co-op Group...
US: Wall Street stocks buoyed by strong economic data, possible US-China trade talks
[ad_1] [NEW YORK] Wall Street stocks advanced on Friday (May 2), notching the second straight week of gains, helped by strong economic data and potential easing of trade tensions between...
How a judge’s scathing rebuke to Apple could change the app store
[ad_1] SAN FRANCISCO  — Apple Inc. suffered a major blow this week when a federal judge ruled that the iPhone maker violated a court order to stop charging commission fees for...
TikTok fined 530 million euros in EU over China data transfer
[ad_1] [DUBLIN] TikTok was hit with a massive EU fine of 530 million euros (S$779 million) on Friday (May 2), accused of sending personal data of Europeans to China and...
Nvidia is working on China-tailored chips again after US export ban: The Information
[ad_1] The chip giant has told customers that a sample of the new chip will be available as soon as JunePublished Fri, May 2, 2025 · 10:19 PM[BENGALURU] Nvidia has...
HSBC warns trade turmoil poses serious risks to global growth
[ad_1] [LONDON] Shifting global trade relations have increased economic uncertainty with serious risks to growth, making it difficult for international banks to provide the medium term outlook effectively, HSBC chairman...
CICT sells stake in CapitaSpring serviced residence component for S$37.8 million
[ad_1] [SINGAPORE] The manager of CapitaLand Integrated Commercial Trust (CICT) on Friday (May 2) announced the sale of its stake in the serviced residence component of CapitaSpring.CICT owns a 45...
Singapore shares close higher ahead of GE2025; STI up 0.3%
[ad_1] [SINGAPORE] Stocks on the local bourse ended higher on Friday (May 2), a day before Singaporeans head to the polls.The Straits Times Index (STI) gained 0.3 per cent or 12.63...