World news
Portugal’s EDP Renewables to make Singapore its APAC clean energy hub
February 25, 2022 12:37 AM PST| By Sukriti NairHighlights Portugal’s EDP Renewables invests SG$1.1 billion in Singapore’s Sunseap. EDPR looks forward to making Singapore its APAC region clean energy hub. EDPR and Sunseap to reap synergy benefits of Singapore Green Plan 2030. .....
US stocks rebound after Russia sanctions; MRNA, PANW, FB surge
February 24, 2022 02:36 PM PST| By Versha JainWall Street’s main indexes rebounded strongly on Thursday, February 24, after a three-day slide amid a flurry of diplomatic talks to stop a full-scale Russian offensive in Ukraine. The S&P 500 surged 1.50% to 4,288.70. The Dow Jones rose 0...
Russia, Ukraine Stand-off: How will it impact NZ growth funds?
February 24, 2022 12:47 AM PST| By Team Kalkine MediaHighlights Russia declares war on Ukraine. Economic sanctions imposed by the US. Growth funds and KiwiSaver to sell their share held in Russian companies. Even as Russia launched a full-scale invasion campaign against Ukraine, New Z.....
Here’s why Ukraine is so important for Russia and the West
February 23, 2022 10:35 PM PST| By Sukriti NairHighlights Russia will begin military operations in Eastern Ukraine, announced President Putin today Europe and West would bear the brunt of Putin’s move as supplies from Russia and Ukraine might get impacted. Russia-Ukraine crisis can p.....
Russia declares war on Ukraine: How Biden & other world leaders are reacting
February 23, 2022 09:19 PM PST| By Khushboo JoshiIn a significant development, Russian President Vladimir Putin today (February 24) announced a ‘special military operation’ in Ukraine. Putin has also warned other nations that if they try to interfere with this Russian activity, it wou.....
Russia announces ‘military operation’ in Ukraine, warns West
February 23, 2022 08:09 PM PST| By Bhawna GuptaRussia will begin military operations in Eastern Ukraine, according to Russian President Vladimir Putin, in what appears to be the final build-up to an attack that the US and its European allies have been trying to avoid for weeks through diplomati.....
Ukraine declares emergency, asks citizens to leave amid Russia threat
February 23, 2022 04:47 PM PST| By Sanjeeb BaruahHighlights The situation at the Ukrainian border remained tense after President Vladimir Putin on Feb 21 recognized the sovereignty of the rebel-held Donetsk and Lugansk People’s Republics. Foreign Minister Dmytro Kuleba has appealed for .....
US indices fall sharply on Ukraine crisis, TSLA, AMZN among top losers
February 23, 2022 03:06 PM PST| By Versha JainBenchmark US indices retreated for the second-consecutive day on Wednesday, February 23, after Ukraine declared a state of emergency and asked citizens to immediately leave the territory as a Russian military offensive on Kiev was ‘imminent&rsq...
US indices tumble; TSLA, HD fall sharply as Ukraine invasion looms
February 22, 2022 03:33 PM PST| By Versha JainUS indices edged lower on Tuesday, February 22, dragged down by energy and materials stocks after Russian troops advanced into Ukraine’s two breakaway regions, deepening the crisis. The S&P 500 declined 1.01% to 4,304.76. The Dow Jones fel...
Trump’s Truth app tops Apple (AAPL) store downloads; Can it rival FB?
February 22, 2022 12:48 PM PST| By Versha JainTruth Social app, launched by ex-president Donald Trump-led Trump Media & Technology Group (TMTG), was downloaded around 170,000 times since its launch on the Apple Inc (AAPL) store app on Sunday evening. Although Trump’s clash with Face.....
Ukraine crisis: What Western sanctions mean for Russia?
February 22, 2022 08:56 AM PST| By Sanjeeb BaruahThe United States and its allies are considering a series of sanctions against Moscow in the wake of the Russian annexation of the two “breakaway” regions of Ukraine this week. President Vladimir Putin on Monday ordered troops into Don.....
Apple supplier Luxshare plans to raise US$2.1B for expansion plans
February 21, 2022 11:09 PM PST| By Bhawna GuptaHighlights Apple supplier Luxshare plans to issue a total of 2.1 billion shares to up to 35 investors. The new share issue is subject to shareholders and regulatory approvals. The company will use the money to manufacture intelligent wearable .....
Crypto firm Amber Group gets a Temasek valuation of US$3B
February 21, 2022 09:22 PM PST| By Sukriti NairCrypto firm Amber Group has bagged in a valuation of US$3 billion from investment company Temasek. Amber group has raised US$200 million in its recent funding round led by the Singapore based Temasek. Besides Temasek, Sequoia China, Tiger Global Ma.....
US stocks edge lower again on war fears; ROKU, DKNG fall sharply
February 18, 2022 03:43 PM PST| By Versha JainBenchmark US indices closed the session lower for the second-consecutive day on Friday, February 18, amid Ukraine border tension and weak forecasts by companies. The S&P 500 declined 0.72% to 4,348.87. The Dow Jones fell 0.68% to 34,079.18. The...
Is HyperVerse (HVT) crypto a Ponzi scam?
February 19, 2022 08:12 AM AEDT| By Rupam RoyHighlights HyperVerse (HVT) has a circulating supply of 18 million. HVT reached an all-time high of US$7.74 in January 2022. Binance said the HVT token is not listed on its platform for trading or any service. The crypto market is witness.....
US stocks retreat on Ukraine tension; PLTR, AAPL among top losers
February 17, 2022 02:27 PM PST| By Versha JainBenchmark US indices fell sharply on Thursday, February 17, on Ukraine tension after Western officials warned that the Russian military build-up on the border continued. The S&P 500 fell 2.12% to 4,380.26. The Dow Jones declined 1.78% to 34,312...
What did Charlie Munger say on cryptocurrencies? 5 things to know
February 18, 2022 01:36 AM AEDT| By Rupam RoyWhile the cryptocurrency market has many supporters, a few loathed it. Its opponents see many drawbacks in cryptocurrencies, including persistent volatility, and wish they are banned. One such opponent is the billionaire investor and Berkshire Hath.....
US indices close mixed after Fed minutes; ABNB, KHC rise
February 16, 2022 03:58 PM PST| By Versha JainBenchmark US indices closed mixed on Wednesday, February 16, after Fed minutes gave no clear timeline for a rate hike to curb inflation and tension over Ukraine persisted. The S&P 500 rose 0.09% to 4,475.01. The Dow Jones fell 0.16% to 34,934.27...
Tech sector gyrates between gains and losses as FB, GOOGl face heat
February 16, 2022 12:32 PM PST| By Rupam RoyThe US technology sector swung between gains and losses as various issues bogged down the industry. Besides global supply woes, the heavyweights in the industry face an increasing regulatory heat that could potentially reshape their processes and e.....
Singapore Airlines becomes the first airline to sign the Global SAF Declaration
February 16, 2022 01:44 AM PST| By SamtaHighlights Singapore Airlines has signed the Global Sustainable Aviation Fuel (SAF) Declaration. SIA has partnered with Safran, Airbus, and Rolls-Royce to sign the Declaration. SIA is actively accelerating the usage of SAF in Singapore w.....