Fashion
EBay rejects GameStop’s $56-billion takeover offer
California online marketplace EBay said Tuesday its board rejected GameStop’s unsolicited $56-billion takeover offer.The proposal was “neither credible nor attractive,” EBay’s board said in a statement. The San José...
MAS reappoints DPM Gan as chairman; adds SBF’s Ong Pang Thye to board
Managing director Chia Der Jiun has also been re-appointed for another two-year term[SINGAPORE] Singapore’s central bank will reappoint four directors for fresh terms from Jun 1 – including its...
Sea reports 6.2% increase in Q1 earnings to US$427.9 million
[SINGAPORE] Sea on Tuesday (May 12) reported a 6.2 per cent increase in its first-quarter earnings to US$427.9 million, from US$403.1 million a year earlier.Earnings per share for the...
Oversight chair seeks information from OpenAI’s Sam Altman about potential financial conflicts
WASHINGTON — The chair of the House Oversight Committee has sent a letter to OpenAI Chief Executive Sam Altman requesting information about potential conflicts of interest between Altman’s personal investments and...
Grab seeks AI edge in product development using agentic engineering, vibe coding
Company aims to become a ‘cyborganisation’, where humans and artificial intelligence agents work together[SINGAPORE] Artificial intelligence is aiding Grab in its product development, boosting productivity for engineers and allowing...
US stocks: Wall Street pauses after record run as US-Iran talks stall
Published Mon, May 11, 2026 · 11:23 PMWALL Street’s main indexes paused on Monday (May 11), after last week’s record-setting rally, as renewed worries over stalled US-Iran talks weighed...
Fears of an AI breakthrough force the U.S. and China to talk
CHONGQING, China — Three years ago, in the idyllic town of Woodside south of San Francisco, the United States and China held their first high-level talks on the dangers posed by...
US industry, lawmakers plead with Trump: Don’t open door to Chinese cars at Xi summit
[WASHINGTON] As US President Donald Trump prepares to meet with Chinese President Xi Jinping this week, the US auto industry and lawmakers on both sides of the aisle are...
Gold falls as Trump’s rejection of Iran proposal to end war fans inflation fears
Published Mon, May 11, 2026 · 08:00 AMGOLD fell as US President Donald Trump rejected Iran’s latest peace offer to end the 10-week conflict choking the Strait of Hormuz,...
Jumbo H1 profit falls 22.3% to S$6.2m on higher operating costs; revenue up 7.9%
[SINGAPORE] Jumbo Group posted a 22.3 per cent drop in net profit to S$6.2 million for its first half ended Mar 31, 2026, from S$7.9 million in the previous...
