News

Baidu to make AI chatbot Ernie Bot free of charge from Apr 1
February 13, 2025
CHINESE search engine leader Baidu said on Thursday (Feb 13) it would make its artificial intelligence (AI) chatbot Ernie Bot free starting Apr 1, citing improved technology and reduced...
Asia: Stocks rise, oil falls as Trump fans Ukraine peace hopes
February 13, 2025
ASIAN markets mostly rose on Thursday (Feb 13) and oil prices extended losses as forecast-topping US inflation was overshadowed by hopes for an end to the Ukraine war after...
Seatrium jumps 6.5% to S$2.45 after MOU with BP
February 13, 2025
The company will provide engineering, procurement, construction and commissioning services for the Tiber floating production unitSHARES of Seatrium surged on Thursday (Feb 13) after it announced its memorandum of...
Opec warns that US trade policy risks stoking market volatility
February 13, 2025
ORGANIZATION of the Petroleum Exporting Countries (Opec) warned that President Donald Trump’s trade policies risk stoking volatility in global markets.The new tariffs have “added more uncertainty into markets, which...
Gold inches up on trade war fears, inflation data on tap
February 13, 2025
GOLD prices edged up on Thursday (Feb 13), as markets tracked developments in US President Donald Trump’s tariff plans, which could ignite a global trade war, while investors awaited...
Nissan and Honda set to update on relationship after merger talks stall
February 13, 2025
After backing away from merger talks, Nissan is now open to working with new partners, with Taiwan’s Foxconn seen as one candidateNISSAN and Honda are expected to lay out...
Robinhood revenue doubles, fuelled by surge in crypto trading
February 12, 2025
ROBINHOOD Markets reported revenue that more than doubled as the online-trading firm was buoyed by crypto-market transactions around the US presidential election.Revenue grew to US$1.01 billion in the quarter,...
Pimco opens office in Dubai as asset managers flock to region
February 12, 2025
PACIFIC Investment Management Co (Pimco) opened a Dubai office, becoming the latest major fund manager to deepen its presence in the Middle East.The Newport Beach, California-based firm, which manages...
Oil sinks 2% after Trump calls Putin, Zelensky to discuss end to war in Ukraine
February 12, 2025
OIL prices settled down more than 2 per cent on Wednesday (Feb 12) after US President Donald Trump took the first big step towards diplomacy over the war in...
Thomson Medical incurs net loss of S$12.9 million for H1 2025
February 12, 2025
HEALTHCARE provider Thomson Medical has posted a net loss of S$12.9 million for the first half of its 2025 fiscal year ending Dec 31, 2024, a reversal of its...
US: Wall St opens sharply lower as hot inflation data dents rate cut hopes
February 12, 2025
WALL Street’s main indexes dropped at the open on Wednesday (Feb 12), as a hotter-than-anticipated inflation reading added to concerns that the Federal Reserve would not cut interest rates...
DBS appoints group audit head Derrick Goh as group COO
February 12, 2025
SINGAPORE’S largest lender DBS has appointed its current group audit head, Derrick Goh, to assume the newly created role of group chief operating officer, said the bank on Wednesday...