Fashion
Wall Street ends lower on mounting inflation worries
Published Sat, May 16, 2026 · 07:46 AM[NEW YORK] US stocks retreated from artificial-intelligence-fuelled record highs on Friday (May 15), as spiking crude prices ignited global inflation fears.All three...
US debt load could undercut Warsh‘s plan to shrink Fed balance sheet
[WASHINGTON] Incoming Federal Reserve chief Kevin Warsh‘s plans to shrink the US central bank’s “footprint” in financial markets could be constrained by rising federal debt and the potentially lost luster...
Keppel inks further Bifrost deal with Telstra, in ‘advanced’ talks with more customers
[SINGAPORE] Asset manager Keppel on Friday (May 15) announced a definitive 25-year deal with the global arm of Australian telco Telstra for a fibre pair on the Bifrost Cable...
Golden Agri-Resources Q1 net profit falls 20% to US$44 million amid weaker upstream business
[SINGAPORE] Golden Agri-Resources delivered a net profit of US$44 million for its first quarter ended Mar 31, a decline of 20 per cent from US$55 million in the previous...
Gamers, developers protest Saudi Arabia Public Investment Fund’s bid to acquire Electronic Arts
As Electronic Arts moves closer to closing a sale of the gaming company to Saudi Arabian investors, it’s facing backlash from a group of protestors who are calling it...
LinkedIn, Cisco and Amazon are the latest tech companies laying off more workers
Job cuts are hammering the tech industry as companies ramp up investments in artificial intelligence.This week, San Jose-based tech company Cisco said it was cutting fewer than 4,000 jobs...
NetLink NBN Trust posts 1.1% rise in H2 DPU to 2.71 cents
The company expects its business to “remain resilient” despite uncertainties from the Middle East conflict[SINGAPORE] Fibre network operator NetLink NBN Trust posted a 1.1 per cent rise in distribution...
Honda forecasts profit recovery after first ever annual loss
Published Thu, May 14, 2026 · 01:53 PM[TOKYO] Honda Motor forecasts a rebound in operating profit for the current fiscal year, even after an ill-timed bet on electric vehicles...
Genting Singapore: Analysts lower targets, downgrade ratings as Q1 profit misses expectations
DBS Group Research suggests a ‘comprehensive rethink’ of the company’s operational strategy[SINGAPORE] DBS Group Research downgraded Genting Singapore to “hold” on Wednesday (May 13) and decreased its target price...
Demi Moore says Hollywood has to ‘find ways’ to work with AI, not fight it
Demi Moore is weighing into the debate over Hollywood should respond to the growing influence of AI, saying performers need to embrace the technology.“I always feel that against-ness breeds...
