News

Wall Street banks cut more than 5,000 jobs even as they notch record profits
The banks’ willingness to trim headcount shows they are eyeing AI to help them do more with lessPublished Thu, Apr 16, 2026 · 12:21 AM[NEW YORK] The biggest banks...
Wall Street banks cut more than 5,000 jobs even as they notch record profits
The banks’ willingness to trim headcount shows they are eyeing AI to help them do more with lessPublished Thu, Apr 16, 2026 · 12:21 AM[NEW YORK] The biggest banks...
Wall Street banks cut more than 5,000 jobs even as they notch record profits
The banks’ willingness to trim headcount shows they are eyeing AI to help them do more with lessPublished Thu, Apr 16, 2026 · 12:21 AM[NEW YORK] The biggest banks...
Wall Street banks cut more than 5,000 jobs even as they notch record profits
Wall Street banks cut more than 5,000 jobs even as they notch record profits
The banks’ willingness to trim headcount shows they are eyeing AI to help them do more with lessPublished Thu, Apr 16, 2026 · 12:21 AM[NEW YORK] The biggest banks...
How Waymo and Waze are pitching in to help solve L.A.’s pothole problem
Waze and Waymo are teaming up to help combat Los Angeles’ growing pothole problem. The companies announced a program that will use Waymo’s self-driving cars to better detect potholes...
New Zealand central bank holds cash rate at 2.25%, adopts cautious stance amid Iran war
Published Wed, Apr 8, 2026 · 10:41 AM[WELLINGTON] New Zealand’s central bank held its benchmark official cash rate at 2.25 per cent on Wednesday (Apr 8), as policymakers opt...
One of seven stranded Malaysian vessels sails through Hormuz
The effective closure of the strait has roiled markets and triggered a broad energy crisisPublished Tue, Apr 7, 2026 · 12:23 PM[KUALA LUMPUR] One of seven Malaysian-owned commercial vessels...
Thailand to control crude palm oil exports, bottled prices starting April 7
Published Mon, Apr 6, 2026 · 01:39 PM[BANGKOK] Thailand’s Commerce Ministry said on Monday (Apr 6) that it will tighten crude palm oil exports and control bottled palm oil...
How the Iran war is fuelling wild swings in interest-rate bets
[WASHINGTON] The Iran war has clouded the outlook for inflation and economic growth across the globe and, in turn, where interest rates might be heading. The uncertainty is stirring volatility...
Tesla’s EV sales miss expectations again in deepening slump
Published Thu, Apr 2, 2026 · 10:46 PM[SAN FRANCISCO] Tesla posted one of its worst sales quarters in years, missing Wall Street’s expectations, as the carmaker struggles to turn...
Microsoft to invest US$5.5 billion in Singapore to deepen AI push
The investment, which runs till 2029, will go towards expanding cloud and artificial intelligence infrastructure, as well as talent development[SINGAPORE] Microsoft on Wednesday (Apr 1) announced it will invest...
WTI, June Brent crude futures settle down on reports that Iran may be ready to end war
Published Wed, Apr 1, 2026 · 06:16 AM[HOUSTON] Brent futures for June delivery settled down more than US$3 on Tuesday following unconfirmed media reports that Iran’s president said the...