Young investors drawn to Singapore equities as safe harbour amid wild seas
Their advice: Buy what you understand, not what is trending. Read more at straitstimes.com.
Stocks climb, yields dip as investors focus on some progress in US-Iran talks
Major stock indexes rose and Treasury yields eased on Friday as investors weighed the likelihood of a near-term deal to end the U.S.-Israeli war with Iran.Oil prices gained, with uncertainty surrounding the Iran talks still a concern.U.S. Secretary of State Marco Rubio said the
LinkedIn planning to lay off 5% of staff in latest tech-sector cuts, source says
Microsoft-owned LinkedIn plans a 5% staff layoff for business reorganization. Sources stated the cuts are not due to AI disruption. This move reflects broader tech sector trends, with other companies like Block and Cloudflare also implementing significant workforce reductions.
Meta seeks to avoid EU fine with free WhatsApp access for rival AI chatbots
Meta offered rival AI chatbots free WhatsApp access for one month to resolve ongoing EU antitrust concerns. This move aims to stave off a potential hefty fine from the European Commission, which previously investigated Meta’s policies regarding its messaging service.
OpenAI gives European companies access to its latest models to bolster resilience
U.S. artificial intelligence giant OpenAI said it was granting access to its latest models including GPT-5.5-Cyber to Deutsche Telekom, BBVA and dozens more European companies to help bolster their resilience to vulnerabilities in their systems.
Watch: PM Lawrence Wong delivers May Day speech
This is Mr Wong’s second May Day Rally as prime minister.
Wilmar shares fall 5.7% as hedging losses from Iran war weigh on results
Q1 profit down 22.8% at US$265 million; company cites temporary unrealised mark-to-market losses from hedging Read more at The Business Times.