News
Exxon, Chevron succumb to oil-refining slump as tariffs loom
PROFITS for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of US tariffs on two major oil suppliers threatens to make the refining business...
Apple scraps work on Mac-connected augmented reality glasses
APPLE has cancelled a project to build advanced augmented reality (AR) glasses that would pair with its devices, marking the latest setback in its effort to create a headset...
Singapore will continue to work with US counterparts to comply with export controls: MTI
THE Ministry of Trade and Industry (MTI) said on Saturday (Feb 1) that Singapore’s customs and law enforcement agencies will continue to work closely with US counterparts on export...
Steel, aluminium tariffs will impact millions of tonnes of imports
AluminIum and steel were among the first tariffs to be enacted during President Donald Trump’s first term. A revival of those measures is expected Saturday (Feb 1), which would...
Unilever weighs New York as venue for ice cream unit listing
Unilever is considering New York as a potential venue for a listing of its ice cream business, people with knowledge of the matter said, a move that might trigger...
Meta posts longest rally since 2015 as Wall Street cheers AI bet
Meta Platforms shares posted their longest streak of daily gains in almost a decade, with its latest earnings report adding to investor confidence about its strategy with artificial intelligence...
JPMorgan plans US$4 billion US gold delivery amid tariff fears
JPMorgan Chase will deliver gold bullion valued at more than US$4 billion against futures contracts in New York in February, at a time when surging prices and the threat...
Nvidia CEO Huang meets Trump at White House on Friday
President Donald Trump met Friday (Jan 31) with Nvidia chief executive officer Jensen Huang at the White House as the US prepares tariffs on semiconductors, weighs the fate of...
Oil posts weekly losses as US set to impose tariffs on Canada, Mexico
Oil prices eased on Friday (Jan 31) and closed the week lower as investors awaited 25 per cent tariffs by the US on Canada and Mexico, expected on Saturday.Brent...
Europe: Stoxx 600 logs longest weekly winning streak in 10 months
European shares closed at a record high on Friday (Jan 31), led by technology stocks, as earnings from companies such as Novartis and Hexagon overshadowed concerns over economic recovery.The...
