Uber shares tumble as weaker ride-share demand hurts Q2 forecast
:Uber posted a surprise quarterly loss and forecast gross bookings below Wall Street expectations, sending its shares down 9 per cent and putting the...
Fed official says rates are likely on hold for ‘extended period’
HOUSTON - Federal Reserve Bank of Minneapolis president Neel Kashkari said it is likely the central bank will keep interest rates where they are...
Nigeria rejects Binance CEO’s bribery claim as ‘diversionary tactic’
ABUJA : Nigerian authorities on Wednesday denied allegations from Binance's CEO of soliciting bribes, saying the claim was a "diversionary tactic" and an "act...
SGX receives proposal to boost trading amid rise in number of local tech firms...
SINGAPORE – A group representing the private capital sector has put up a range of suggestions that it believes will boost trading on the...
Government probes ‘misleading’ and ‘unrealistic’ resale listings for S$2 million HDB flats
THE Council of Estate Agencies (CEA), a body under the Ministry of National Development (MND), is investigating the recent resale listings for two HDB...
Astronomers finally detect a rocky planet with an atmosphere
WASHINGTON : Astronomers have searched for years for rocky planets beyond our solar system with an atmosphere - a trait considered essential for any...
Big car COE premiums top S$105,000 as mainstream cars hover below S$95,000
THE Certificate of Entitlement (COE) premium for big cars jumped past the S$105,000 mark, while mainstream cars saw a slight drop in May’s first...
Hyundai Motor plans to add hybrids to US plant within current investment -exec
SEOUL : Hyundai Motor Co plans to use the investment it has already lined up for the United States to produce hybrid vehicles at...
Skytrax names the best airports of 2024 — and Singapore’s Changi is no longer...
Singapore's Changi Airport has lost its pole position as the world's...
DBS appoints Ping An technology CEO as chief information officer
SINGAPORE - Singapore’s biggest bank DBS Group said on May 8 that it has appointed Ping An Technology’s chairman and CEO Eugene Huang as...