Fashion

US stocks: Wall Street ends sharply lower as intensifying Iran war, soaring crude prompt selloff
Published Fri, Mar 13, 2026 · 05:51 AM[NEW YORK] US stocks fell on Thursday, as Iranian strikes on two oil tankers sent crude prices surging toward US$100 per barrel, further exacerbating...
MetaComp: Asia’s Revolut for business payments
With its focus on transaction banking, fintech firm sees itself as builder of broader industry’s infrastructure[SINGAPORE] As cryptocurrencies hit some road bumps, Singapore fintech player MetaComp believes the real...
Cambricon rides China AI boom to post its first annual profit
Published Thu, Mar 12, 2026 · 10:44 PM[HONG KONG] Cambricon Technologies reported its first-ever annual profit after Beijing encouraged China’s leading artificial intelligence developers to adopt locally made chips...
Wall St opens lower as Middle East tensions lift oil prices to US$100
Published Thu, Mar 12, 2026 · 09:41 PM[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Mar 12) as oil prices surged to nearly US$100 a barrel, fanning...
Health Sciences Authority to speed up medical device access
Singapore will also apply for full Medical Device Single Audit Program membership [SINGAPORE] The Health Sciences Authority (HSA) on Thursday (Mar 12) announced deeper pacts with Malaysia and Uzbekistan,...
Top bankers win reprieve as Swiss lawmakers reject bonus ban
Published Thu, Mar 12, 2026 · 08:38 PM[ZURICH] Swiss lawmakers rejected plans to ban bonuses for top bankers such as UBS Group chief executive officer Sergio Ermotti, voting overwhelmingly...
Shell board proposes raising CEO Wael Sawan’s pay package to £13.8 million
Shareholder distributions over a three-year remuneration cycle underpin Sawan’s level of payPublished Thu, Mar 12, 2026 · 07:12 PM[LONDON] Shell’s board will ask shareholders to increase the maximum pay...
Will GIC and Temasek’s investments in blacklisted AI firm Anthropic backfire?
Not necessarily; corporate governance – not unconstrained profit – could be the new alpha generatorIT IS tempting for armchair critics to scoff at the latest artificial intelligence (AI) bets...
Deutsche Bank raises bonus pool by 6.6% after mixed performance
The total year-end bonuses go up to 2.7 billion euros for 2025, from 2.5 billion euros the year before Published Thu, Mar 12, 2026 · 06:32 PM[FRANKFURT] Deutsche Bank...
Bridge Data Centres to invest up to S$5 billion in Singapore AI push
The Bain Capital-backed firm is aiming for 2 gigawatts of regional capacity by 2030[SINGAPORE] Singapore-headquartered hyperscale data centre provider Bridge Data Centres (BDC) on Thursday (Mar 12) announced plans...
Anduril set to acquire Orange County space surveillance company
Southern California defense tech darling Anduril Industries has struck a deal to buy Orange County space surveillance firm ExoAnalytic Solutions.The purchase for an undisclosed sum is meant to boost...
BMW expects 2026 earnings to decline as tariffs bite
Published Thu, Mar 12, 2026 · 05:53 PM[BERLIN] BMW expects its group pre-tax earnings to decline moderately this year and its deliveries to stagnate, with trade barriers weighing on...