Technology
Europe: Stoxx 600 ends lower as rate uncertainty prevails
EUROPEAN stocks closed slightly lower on Tuesday (May 21), their third out of four sessions in the red, as caution around interest rate reductions dominated, with investors waiting for...
Tick-tock: Cordlife’s fate on the line
AS THE clock ticks down for Cordlife Group, Singapore’s pioneer and Asia’s largest private cord blood banking provider, startling events of late have imbued little hope that things could...
Chanel to open more stores in China even as growth shifts abroad
CHANEL plans to invest in opening more stores in mainland China despite a shift of spending by Chinese shoppers to other markets as they resume travelling, the French label...
Nearly one in 10 Reit assets in Apac at high risk from climate change, extreme weather: report
CLOSE to one in 10 assets belonging to real estate investment trusts (Reits) across Asia-Pacific (Apac) will be at high risk from the effects of climate change and extreme...
Micron lifts 2024 capex forecast on rising investment in AI-related chips
Micron Technology on Tuesday (May 21) slightly raised its capital expenditure forecast for 2024, as the US chipmaker invests heavily to make high bandwidth memory (HBM) semiconductors to meet...
Nissan pauses EV sedan development in US, widens lineup
NISSAN Motor has paused development plans for two battery-powered sedans while expanding its EV lineup to five vehicles in the United States, the Japanese automaker said on Tuesday (May...
US: Nasdaq, S&P 500 dip at open on Fed policy caution
THE tech-heavy Nasdaq and the benchmark S&P 500 opened lower on Tuesday (May 21) amid policy caution from Federal Reserve officials ahead of the central bank’s meeting minutes and...
Aramco, Japanese banks sign agreements at Saudi-Japan summit
COMPANIES including oil producer Saudi Aramco and Mizuho Financial Group inked agreements at a business forum hosted by Saudi Arabia and Japan on Tuesday (May 21) in Tokyo aimed...
