News

US securities regulator closes investigation into Robinhood’s crypto arm with no action
ROBINHOOD said the US securities regulator had closed its probe into the retail trading firm’s crypto arm with no action, as it seeks to revamp policing of digital assets...
Yangzijiang Shipbuilding dives 12.7% to S$2.61 after US proposed fees for Chinese-built ships
SHARES of maritime vessel maker Yangzijiang Shipbuilding tumbled on Tuesday (Feb 25) in early trade, after the US Trade Representative (USTR) office proposed to slap fees on Chinese-built vessels entering...
Yangzijiang Shipbuilding dives further after US proposed fees for Chinese-built ships
SHARES of maritime vessel maker Yangzijiang Shipbuilding tumbled further on Tuesday (Feb 25) in early trade, after the US Trade Representative (USTR) office proposed to slap fees on Chinese-built vessels...
Gold steadies near all-time high on Trump tariff concerns
GOLD prices hovered near a record high on Tuesday (Feb 25), supported by safe-haven demand amid concerns over US President Donald Trump’s tariff plans which could fuel inflation and...
Bank of Korea cuts rate to boost demand as Trump tariffs threaten exports
THE Bank of Korea (BOK) cut its benchmark interest rate in a widely expected move to support an economy jolted by political turmoil and threatened by the trade impact...
PropNex H2 profit down 14.9% at S$21.9 million; proposes special S$0.025 per share anniversary dividend
REAL estate agency PropNex reported a 14.9 per cent year-on-year fall in net profit for its second half ended Dec 31 to S$21.9 million, from S$25.8 million.  Its revenue...
Citadel Securities plots Jump into crypto trading after Trump’s embrace
KEN Griffin’s market-making giant Citadel Securities is looking to become a liquidity provider for cryptocurrencies, betting US President Donald Trump’s embrace of the industry will usher in a boom...
Tesla deploys long-awaited FSD features to drivers in China
TESLA has started rolling out a software update for customers in China that enables driver-assistance capabilities similar to those marketed as Full Self-Driving (FSD) in the US. The update, which...
Tesla prepares to deploy long-awaited FSD features in China
TESLA is readying a software update for customers in China to offer driver-assistance capabilities similar to those marketed as Full Self-Driving (FSD) in the US, according to a source...
Apple to hire 20,000 people, invest $500 billion in the U.S. amid Trump tariffs
Apple said Monday it plans to invest $500 billion in the United States, hire 20,000 people and open a new manufacturing factory in Texas over the next four years.“We...
US: Wall St rebounds after last week’s selloff
Wall Street’s main indexes opened higher on Monday (Feb 24), rebounding from a sharp selloff in the previous week, while Apple edged up in choppy trading after the iPhone...
Apple plans Texas factory for AI servers, 20,000 research jobs
APPLE on Monday (Feb 24) said it plans to help bring online a quarter-million-square-foot factory in Texas by 2026 to build artificial intelligence servers and will add about 20,000...