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Trump win to test limit of presidential power; Harris vows to fight

Trump's campaign said Biden called Trump to congratulate him and invite him to a meeting at the White House at an unspecified time

DBS posts record quarterly profit, sees 2025 dip from tax changes

The bank also announced that its board had established a new share buyback programme of S$3 billion

Indian rupee drops to all-time low of 84.28 on bullish dollar outlook

Traders expect the Reserve Bank of India to continue intervening to prevent sharp moves in the rupee, which is evident in the currency's muted implied volatility compared to its regional peers

Qualcomm chip sales to Chinese smartphone makers fuel strong results

Qualcomm's derived 46% of its revenue in its most recent fiscal year from customers with headquarters in China

Trump win-fuelled rally in dollar, US fed rates to keep rupee under strain

The rupee suffered its worst day in 4-1/2 months on Wednesday, mirroring the slump in other Asian currencies amid uncertainty over what a Trump presidency will bring

Bumble posts quarterly sales drop amid slow payoff from dating app overhaul

Bumble said total paying users across its apps increased to 4.3 million in the third quarter ended Sept. 30, from 3.8 million a year earlier

2024 to be world's hottest ever since records began: EU scientists

The world has not breached that target - which refers to an average global temperature of 1.5C over decades - but C3S now expects the world to exceed the Paris goal around 2030

Biden administration sets stage for 2nd oil, gas auction in Alaska refuge

The new environmental document was published the day after Trump defeated Biden's vice president, Kamala Harris, in the presidential election

Why China's economy would be more vulnerable to Trump tariffs this time

Producer price inflation was 4.6 per cent in July 2018 when Trump's first tariffs came into effect. In September 2024 this stood at minus 2.8 per cent

India's veg oil imports likely to decline further in 2024-25, says SEA

Weather has been favourable for Indian crops this year, resulting in higher production of soybean and ground nuts, Mehta said, adding that rapeseed output was also expected to rise

Trump Media short sellers hammered by a $420 million loss, says S3

Trump Media & Technology Group operates Truth Social, a social media site and streaming service. Trump himself is the company's biggest shareholder

Novo Nordisk expects high demand for obesity drugs in India: Country head

The company is still 'evaluating' the price of the drug, but is confident that the price-sensitive Indian population will be able to afford it, Novo's India Managing Director Vikrant Shrotriya said

US Supreme Court hears Facebook bid to escape securities fraud case

The plaintiffs accused Facebook of misleading investors in violation of the Securities Exchange Act, a 1934 federal law that requires publicly traded companies to disclose their business risks

Donald Trump makes stunning historic comeback as 47th US President

Trump, 78, recaptured the White House on Wednesday by securing more than the 270 Electoral College votes needed to win the presidency

JPMorgan CEO to remain at bank, has no plans to join Trump admin: Report

Dimon, 68, has been the subject of repeated speculation in recent weeks as a candidate for Treasury secretary by both Republicans and Democrats

Frustrated Democrats blame Biden for Hariss' US presidential election loss

Biden, 81, has said privately he thought he was the only Democrat who could beat Trump, and vowed publicly that he was fit to be president for another four years

Here's what President-elect Donald Trump is planning for mass deportation

Trump defeated Democrat Kamala Harris in a stunning political comeback, Edison Research projected, telling supporters America had given him an "unprecedented and powerful mandate."

Trump's Republicans win control of US Senate, make gains in House

Republicans were set to hold a majority of at least 52-48 in the US Senate and had added three seats to their 220-212 House of Representatives majority, though with 51 of the 435 races yet uncalled

Musk's ties to Trump likely to reverberate through Tesla, other interests

Musk donated millions of dollars to Trump's campaign. Trump has said he would establish a government efficiency commission headed by Musk

Wall Street hits record high as Donald Trump returns as US President

Wall Street is anticipating lower taxes, deregulation and a US president who is quick to sound off on everything from the stock market to the dollar