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Vietnam May trade deficit seen at US$2 billion; CPI up 2.9per cent

Vietnam estimated a trade deficit of US$2 billion for May, while consumer prices in the month rose 2.9per cent from a year earlier, government data showed on Saturday.

Markets

Amazon pressed for racial equity review after strong vote tally

:Amazon.com Inc should review how it is addressing racial justice and equity after a shareholder proposal on the topic won strong backing, New York state's top pension official said on Friday.

Markets

Apple to delay launch of podcast subscription service until June

Apple Inc is delaying the launch of a podcast subscription service until June after some podcast creators had issues with delays in their shows appearing after uploading them, according to an email seen by Reuters.

Markets

The billionaire boom: How the world’s super-rich soaked up COVID-19 cash

Whether a boom of this scale is stabilising or destabilising to countries and their societies depends in part on where the wealth is coming from, says Morgan Stanley strategist Ruchir Sharma.

Markets

IN FOCUS: Is there an environmental cost from Singapore’s love affair with en bloc sales?

While en bloc sales have their merits, the process of knocking down a building only to construct another comes with an environmental cost. CNA explores how collective sales can be done in a more sustainable way.

Markets

Biden budget sets aside US$750 million for SolarWinds response

U.S. President Joe Biden's proposed budget includes US$750 million for the government agencies hit by the SolarWinds hack to pay for cybersecurity improvements to prevent another attack.

Markets

The super rich are choosing Singapore as the world’s safest haven

WHEN Singaporean car dealer Keith Oh first read the Facebook message, he was not sure if it was real. A Chinese client ordered a S$1.1 million Bentley - sight unseen - over the social network.

Markets

Software provider Sprinklr reveals 19per cent jump in quarterly revenue in IPO filing

xx: Software startup Sprinklr on Friday made public its plans for a stock market listing in the United States, revealing a 19.3per cent rise in revenue for the three months ended April 30. The company said total revenue rose to about US$111 million from about US$93 million in the...

Markets

Equities, dollar gain on rising US inflation

Global equity markets rose while the U.S. dollar retreated against major currencies on Friday as new data affirmed concerns of a surging inflation and further strengthening of economic activity from pent-up demand.

Markets

Wejo to go public, deal values auto data startup at US$800 million

Auto data startup Wejo on Friday will announce plans to go public through a reverse merger with blank-check company Virtuoso Acquisition Corp in a deal that values the British company at US$800 million including debt, people familiar with the plans said.

Markets

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