Business

Singaporeans banking with UOB may want to reassess their savings strategy. Come 1 September 2025, the popular UOB One Account will see its maximum effective interest rate slashed from 3.3% p.a. to 2.5% p.a., despite maintaining the same account...

Shares of tech titans Microsoft and Meta Platforms surged in European markets on Thursday, following impressive quarterly earnings that blew past investor expectations. The rally was driven by both companies’ continued dominance in artificial intelligence and cloud technologies, with...

Bitcoin has smashed past its previous records, hitting a new all-time high of S$145,404 (US$113,603) on 11 July 2025 (Singapore time), igniting renewed excitement among cryptocurrency investors.This milestone comes after a strong 44% rally over the past three months,...

Huawei has recently filed a groundbreaking patent for a sulfide-based solid-state battery that could potentially revolutionize electric vehicle (EV) technology. This innovative battery claims to offer an impressive range of 3,000 kilometers and ultra-fast charging capabilities in just five...

Singapore authorities have announced that access to two overseas online trading platforms, Octa and XM, will be blocked starting June 20, 2025, due to violations of financial regulations. This decision was made following a joint statement from the police...

A recent revelation has sent shockwaves through the tech community, as it was uncovered that Builder.ai, a London-based AI startup once valued at $1.5 billion and backed by Microsoft, has filed for bankruptcy. Investigations revealed that the company falsely marketed...

On May 13, 2025, Microsoft revealed plans to lay off around 6,000 employees, which constitutes less than 3% of its global workforce. This decision comes as the tech giant aims to streamline costs while investing heavily in artificial intelligence...

In a significant development for the global economy, stock markets around the world experienced a notable rally following an agreement between the United States and China to temporarily reduce tariffs. This decision, reached during discussions in Geneva over the...

Salary Comparison: HDB Price Increase vs. Wage GrowthIn the last decade, the resale prices of Housing and Development Board (HDB) flats in Singapore have experienced a notable increase, although they have not quite doubled. Specifically, these prices have escalated...

When it comes to securing your financial future, understanding the various insurance options available in Singapore is crucial. One such option is the Careshield Life plan, which is designed specifically for individuals with disabilities. This plan provides monthly payouts to help...