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Apple sets pay targets at $73 million for John Ternus, $59 million for Tim Cook

Tim Cook (right) is handing the reins to Apple’s new chief executive John Ternus after a 15-year tenure.

Wall Street ends lower as higher yields, rising oil prices mark shaky start to September

A trader working on the floor of the New York Stock Exchange, in New York City, on Aug 28.

Ikea invests $1.8 billion in Europe price cuts to lure cautious consumers

Shoppers are seen in the warehouse section of an IKEA store on the outskirts of Stockholm, Sweden.

Keppel DC REIT spends $1.5 billion on two freehold data centres in Japan

The acquisitions are expected to be accretive to distribution per unit.

Anthropic seals $44 billion cloud deal with Nvidia-backed Lambda

Anthropic has emerged as one of the most significant customers for data centre power.

Wall Street closes lower as oil prices jump, indexes notch monthly gains

Traders working on the floor of the New York Stock Exchange, in New York City, on Aug 28.

UltraGreen.ai share-price plunge poses early test for SGX’s push for a wider variety of IPOs

(From left) UltraGreen.ai chief operating officer Declan Cassells, chairman Kwa Chong Seng, chief executive officer Ravinder Sajwan and chief financial officer Eamon Lynch. It is SGX’s largest non-real estate investment trust listing in eight years.

Singapore commits $220 million over three years to drive fintech innovation

Deputy Prime Minister Gan Kim Yong said the measures are aimed at helping Singapore’s fintech sector to capture new growth opportunities.

Market Insights

Nvidia’s valuation sparks tech rally but S’pore companies lose out: Markets this week

Nvidia’s results are widely regarded as a bellwether for the AI industry.

US stocks close lower after Fed chair Kevin Warsh reaffirms inflation fight

A trader works, as screens broadcast a news conference by US Federal Reserve Chair Kevin Warsh, on the floor of the New York Stock Exchange in New York City.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.