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...
US stocks: S&P 500, Nasdaq open lower after April inflation data; Middle East in focus
Published Tue, May 12, 2026 · 09:54 PM — Updated Tue, May 12, 2026 · 10:08 PMTHE S&P 500 and the Nasdaq opened lower on Tuesday, as investors weighed...
US stocks: Wall Street falls as hot CPI, Iran tensions weigh on sentiment
Published Tue, May 12, 2026 · 09:54 PM — Updated Tue, May 12, 2026 · 10:53 PMWALL Street’s main indexes edged lower on Tuesday, with the S&P 500 and...
eBay rejects GameStop’s US$56 billion bid as ‘neither credible nor attractive’
Analysts doubt that the buyout from the video game retailer for a company four times its market value will closePublished Tue, May 12, 2026 · 09:49 PM[NEW YORK] eBay...
Under Armour expects another weak year as North America struggles, shares slump
It projects annual adjusted operating income to be in the range of US$140 million to US$160 millionPublished Tue, May 12, 2026 · 09:28 PM[MARYLAND] Under Armour forecast another annual...
Intel’s US$440 billion six-week surge has short sellers circling
This will push their paper losses to more than US$12 billion, says data analytics firm S3 PartnersPublished Tue, May 12, 2026 · 08:51 PM[NEW YORK] A scorching rally in...
NTT DC Reit posts H2 DPU of US$0.0387, beating IPO forecast by 2.4%
This comes as revenue – at US$115.3 million – also exceeds earlier projections[SINGAPORE] The manager of NTT DC Real Estate Investment Trust (Reit) on Tuesday (May 12) reported a...
Warsh’s Fed nomination clears first in series of senate votes
Published Tue, May 12, 2026 · 08:08 PMKEVIN Warsh’s nomination to the Federal Reserve Board of Governors on Monday cleared the first in a series of Senate votes planned...
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...
