Author: Admin

[SINGAPORE] Uncertainty from US tariffs loomed large as Singapore’s three local banks reported their first-quarter results over the past week.The macroeconomic jitters were significant enough for UOB to suspend its earnings guidance for 2025, although DBS and OCBC have kept theirs unchanged for now.All three banks also set aside additional pre-emptive allowances to strengthen their reserves, even as they stressed that asset quality remains stable.For the quarter ended Mar 31, 2025, DBS posted a 2 per cent decline in net profit to S$2.9 billion due to higher tax expenses. This narrowly topped the Bloomberg consensus forecast of S$2.87 billion.OCBC’s net…

Google doesn’t update its logos very often, but at the 10-year mark of a design, we have seen them switch things up. For example, Google Play saw a logo refresh when it reached 10 years old, and now, just 10 years removed from the most recent Google logo redesign, we’re getting a bit of a refresh. The current Google logo you know was introduced in the later half of 2015. Google showed it off with some fun animations and sizing that could work across various device types. The logo was flatter than ever with a simplified, modern font that still…

NASA’s Europa Clipper spacecraft is currently on its long journey through the solar system, headed for Jupiter’s icy moon of Europa. There, it’s hoping to find whether Europa could ever have supported life — but before it arrives, it’s doing some investigating closer to home as well. NASA scientists recently used Europa Clipper’s instruments to take readings of Mars, as the spacecraft was passing within just 550 miles of the red planet’s surface on March 1. The spacecraft was using the gravity of Mars to get a boost along its journey, but while doing so there was also an opportunity…

NEW YORK — American businesses that rely on Chinese goods reacted with muted relief Monday after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days.Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. Many businesses delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Now, they’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs. The temporary truce was announced as retailers…

At trial, Sean Combs will be represented by a large and varied defense team — one that has grown even larger and more varied in recent days.Since early in the government’s investigation, Mr. Combs has retained Marc Agnifilo and Teny Geragos of the firm Agnifilo Intrater.Mr. Agnifilo is a longtime criminal defense attorney who has represented high-profile figures like the former pharma executive Martin Shkreli; Keith Raniere, the leader of the Nxivm sex cult; and Dominique Strauss-Kahn, the former managing director of the International Monetary Fund, who in 2011 was accused of sexually assaulting a hotel maid in New York.…

We are saddened to report that Irv Gotti, a music executive and producer who launched the careers of Ja Rule, DMX, and Ashanti, has died. He was 54. DefJam Records confirmed his death in a statement. Gotti and his brother, Chris, built a Hip-Hop and R&B empire and founded Murder Inc., a successful imprint of the DefJam label.While Gotti’s cause of death has not been announced, the music mogul had suffered a series of strokes and had also battled some diabetes-related health complications.According to the New York Times, Gotti was born Irving Lorenzo Domingo Junior in Queens, New York. He was…

Giannis Antetokounmpo’s time in Milwaukee might be nearing its end, as the latest reports suggest that the Bucks star is open to a move elsewhere this summer, following another disappointing first-round exit in the postseason.Antetokounmpo, who’s coming off of his third straight season averaging at least 30 points and 10 rebounds per game, is one of the most coveted superstars in the league, but he won’t be able to test free agency until 2027 after signing a three-year, $186 million contract extension in October 2023.If a team wants Antetokounmpo for next season, they’re going to have to trade for him.…

(Corrects to remove reference to Amazon in paragraph 6)Amazon said on Monday it has struck a new partnership with FedEx in late February to handle some parts of its package deliveries.FedEx shares rose 1.7 per cent after the closing bell. Business Insider first reported the news on Monday, citing an internal document. The deal with rival FedEx gives Amazon “cost favorability” compared to UPS, the report said. UPS said in January that it plans to shrink shipment volumes for Amazon, its largest customer, by more than 50 per cent by the second half of 2026. This is a part of…

Google is debuting an AI-powered image-to-video tool on smartphones built by the Chinese firm Honor Honor’s new 400 series phones are getting the Google Veo-powered tool even before Google Pixel phones. The feature produced five-second animated videos in portrait or landscape orientation from a single image. Google is showing off a new AI image-to-video feature using its Veo 2 model, but Google Pixel owners won’t be able to use it just yet. Instead, Chinese phone company Honor, spun out of Huawei, is beating Pixel to the punch by incorporating the feature into its upcoming Honor 400 series of smartphones. The…

As we inch closer to the start of the NFL preseason, chatter starts to pick up surrounding the upcoming fantasy football season and who should be taken No. 1 overall. That debate will rage on with a seemingly new candidate coming into focus every season, but the real key to fantasy football is the ability to find a breakout star.Every season, a player no one sees coming outperforms their draft slot. Sometimes those players rise to the occasion after an injury to a teammate above them on the depth chart. Or, in some leagues, the sleepers come from waivers or…