Business

Singapore Red Cross boosts Gaza aid amid escalating crisis
[MIDDLE EAST] The Singapore Red Cross (SRC) has pledged an additional $400,000 to humanitarian assistance in Gaza in response to the escalation of...

China’s industrial profits decline amid economic challenges
[WORLD] China's industrial sector continues to confront economic headwinds, with profits falling in the first two months of 2024, indicating continued issues in...

Trump plans 25% tariff on imported vehicles
[UNITED STATES] Former President Donald Trump has announced plans to put a 25% tariff on all imported vehicles, a move that would substantially...

Global markets waver as Trump's auto tariffs stir economic uncertainty
[MALAYSIA] Investors have paused their bargain-hunting efforts on Bursa Malaysia following the news of increased tariffs on auto imports to the United States....

Oil prices climb amid strong demand and supply constraints
[WORLD] In recent months, global oil prices have experienced a significant uptick, driven by a confluence of robust demand and tightening supply constraints....

Alibaba Cloud launches Qwen2.5-Omni-7B multimodal AI model
[WORLD] Alibaba Cloud introduced its latest artificial intelligence model in its "Qwen series" on Thursday, as competition for huge language models in China...

US court blocks Trump's deportation of Venezuelan immigrants under 18th century law
[UNITED STATES] On Wednesday, a US appeals court maintained a lower court's temporary stay on the Trump administration's deportation of certain Venezuelan immigrants...

New York's economic boom fueled by Wall Street bonuses: Have we reached the peak?
[UNITED STATES] Wall Street bonuses have emerged as the driving force behind New York City's economic recovery in 2024. The financial sector has...

U.S. typhon missile system sparks outrage in China
[WORLD] The recent deployment of the U.S. Typhon missile launcher in the Philippines has ignited a firestorm of criticism from China, intensifying already...

FBM KLCI shows resilience amid global uncertainty
[MALAYSIA] The Malaysian stock market, represented by the FBM KLCI (FTSE Bursa Malaysia KLCI), has shown a surprising upward trend despite the prevailing...

AirAsia set for full recovery in Malaysia by 2025
[MALAYSIA] AirAsia Group has set ambitious targets for the recovery of its Malaysian operations, with a full rebound expected by the end of...

US targets dozens of Chinese entities with new trade blacklist
[UNITED STATES] The ongoing trade tensions between the United States and China have escalated once again. The US government recently took a significant...

Apple set to avoid EU fine over browser options
[EUROPE] Apple has been under significant scrutiny from the European Union (EU) concerning its browser options for iPhone users. Following investigations launched in...

Singapore stocks rise amid regional gains and positive outlook
[SINGAPORE] The Singapore stock market experienced a positive day as regional market optimism fueled gains. The Straits Times Index (STI), a key benchmark...

Crude palm oil prices expected to be higher in 2025
[WORLD] The global palm oil market is poised for an upward shift in 2025, with crude palm oil (CPO) prices expected to rise...
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