🇸🇬 Wall Street ends higher as Amazon soothes AI jitters
🇸🇬 The Dow Jones Industrial Average rose 280.77 points, or 0.54 per cent, to 52,488.83. Source: singapore-straitstimes Country: Singapore
Asia
Corporate earnings, M&A, IPOs, and business developments across Asian markets.
🇮🇳 Amazon sued by consumers over seafood sustainability claims
🇮🇳 AMAZON.COM-LAWSUIT/SEAFOOD (PIX):Amazon sued by consumers over seafood sustainability claims Source: india-livemint Country: India
🇮🇳 Dixon misses Q1 profit estimates as margin pressure offsets revenue growth
🇮🇳 A 23% rise in cost of materials to ₹15,064 crore further hit profitability. The cost pressures also affected Dixon’s operating margin, which in the June quarter took an 80 basis points (bps) hit to drop to 3% for the period. Source: india-livemint Country: India
🇮🇳 Amazon bags $600 million Trump tariff refund: Will the e-commerce giant share the windfall with shoppers?
🇮🇳 The refunds stem from the US Supreme Court’s February decision, striking down tariffs imposed under the International Emergency Economic Powers Act of 1977. Source: india-livemint Country: India
🇸🇬 Concord New Energy enters into 3 power purchase agreements with Tesla
🇸🇬 The agreements are for solar projects in the US Source: singapore-businesstimes Country: Singapore
🇸🇬 National monument 38 Oxley Road acquired by Government
🇸🇬 In the interim, necessary maintenance works will be carried out as required, and there will be no public access to the site Source: singapore-businesstimes Country: Singapore
🇸🇬 Record profits, big deals — but have Samsung and SK Hynix eased market fears over AI?
🇸🇬 Recollections of brutal boom-and-bust cycles are weighing heavily on memory makers’ shares Source: singapore-businesstimes Country: Singapore
🇸🇬 Tesla weighs sale of China business to pave way for potential SpaceX merger: Report
🇸🇬 Tesla’s Shanghai facility historically accounts for more than half of the EV maker’s global deliveries. Source: singapore-straitstimes Country: Singapore
🇮🇳 Google Pay integrates Gemini AI into app, expands credit push
🇮🇳 Google’s move comes as technology companies race to embed generative AI into consumer applications, with banks and fintechs increasingly using AI assistants to improve customer engagement and cross-sell financial products. Source: india-livemint Country: India
🇸🇬 US stocks: Wall Street ends sharply higher, lifted by soaring Microsoft
🇸🇬 All three major indices closed higher on Thursday Source: singapore-businesstimes Country: Singapore