
Local & World Business News

Singapore gets robotaxis as Grab, WeRide launch driverless cars
The service introduces a limited autonomous-car service along two approved routes with multiple stops in Punggol.
World Business

OpenAI raises US$122bil in boosted funding round

Nike shares tumble after it reports lower profits
All three major US indexes rallied after reports that US President Donald Trump was willing to end the Iran campaign, even with the Strait of Hormuz largely closed.
The government estimates the measures will save between US$7.1 billion and US$7.6 billion.
As demand for AI heats up, tech giants are racing to invest billions of dollars in Southeast Asia.
The development has put the S&P 500 and the Dow on course for their biggest monthly decline in years.
Local Business

Ringgit opens higher as US signals withdrawal from Iran

War fails to dent MTT Shipping’s IPO, expansion plans
As demand for AI heats up, tech giants are racing to invest billions of dollars in Southeast Asia.
Market sentiment remained fixated on the conflict in Iran and the elevated global energy crisis, says analyst.
The benchmark index is expected to move within the 1,680-1,710 range for the rest of the week, says analyst.
This will be the tobacco company’s third layoff of employees in Malaysia over the past 10 years.









