Dow closes above 40,000 for first time as US stocks finish mixed

NEW YORK - The Dow Jones finished above 40,000 points for the first time on May 17, as stocks were mixed on Wall Street...

Elderly woman lived in $4m condo but borrowed for expenses

The plight of an elderly woman who lived in a $4 million condominium but relied on bank loans to get by provides a stark...

ST Picks: 35 from S’pore in Forbes’ 30 under 30 Asia list

SINGAPORE – An innovative idea to tackle the problem of toxic batteries has propelled entrepreneur Bryan Oh onto a coveted ranking of the region’s...

More people in S’pore prefer cheaper buys overseas, adding pressure to soft retail sector

SINGAPORE - A stronger Singdollar, pricier goods and services, and the resumption of travel plans post-pandemic have contributed to a growing number of locals...

US, TikTok seek fast-track schedule, ruling by Dec. 6 on potential ban

WASHINGTON : The U.S. Justice Department and TikTok on Friday asked a U.S. appeals court to set a fast-track schedule to consider the legal...

DXC Technology tumbles as investors fret over latest restructuring plan

Shares of DXC Technology slumped 18 per cent on Friday, after the IT services provider unveiled a new revamp and forecast fiscal 2025...

Nigeria court rules Binance executive can face trial on behalf of crypto exchange

ABUJA :A Nigerian court on Friday ruled that Binance executive Tigran Gambaryan can stand trial on behalf of the cryptocurrency exchange in an ongoing...

Wipro COO Amit Choudhary quits, business operations head Jain named successor

India's Wipro said on Friday that its chief operating officer Amit Choudhary is stepping down, with Sanjeev Jain, current global head of business...

STI rises 0.3% after China unveils property stimulus

SINGAPORE – News of sweeping measures to rescue the flailing Chinese property market energised local investors mid-afternoon on May 17 and sent the bourse...

Will Singapore’s Temasek get its money back from FTX?

SINGAPORE – Customers and creditors burnt by the bankruptcy of American cryptocurrency exchange FTX are projected to get payouts and these might be extended...