Business
Nvidia to produce AI servers worth up to US$500 billion in US over four years
Nvidia said it is planning to build AI servers worth as much as US$500 billion in the US over the next four years with help from partners…
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Business
Business
Lego Black Market Fetches Big Prices for Little Plastic Bricks
It’s one Lego kit, a collection of small plastic bricks and related accessories. What could it cost? The answer, it turns out, could be…
Business
Delaware Business: Why Companies Love This Tiny State
Delaware might be small, but it’s a giant when it comes to business. This tiny state has become a go-to spot for companies looking to…
Business
Apple takes top spot for first-quarter smartphone sales, data shows
Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16’s launch and strong demand in…
Business
US: Nasdaq leads Wall Street higher at open after tariff break for electronics
Wall Street’s main indexes leapt at the open on Monday (Apr 14), with the tech-heavy Nasdaq up over 2 per cent, as investors welcomed the…
Business
Great Eastern chairman declines to speculate on potential delisting at AGM
Great Eastern Holdings (GEH) chairman Soon Tit Koon said that he does not wish to speculate on the potential delisting of the insurer, as…
Business
Women’s health supplement brand Moom Health bags S$3.5 million funding
Investors include Eu Yan Sang founders’ family office and investment firm backed by Wilmar International co-founder and chairman Kuok…
Business
Homeowners are being blocked from equity "safe haven," expert warns
A series of "negative credit shocks," coupled with high interest rates, is blocking millions of American homeowners from accessing their…
Business
Goldman Sachs’ profit jumps as traders deliver gains
Goldman Sachs reported a 15 per cent rise in first-quarter profit as market volatility led to record revenue in equities trading and…
Business
Should you file if you can't pay your taxes? (Yes—here's why)
The April 15 tax filing deadline is one day away, and failing to file your tax return on time can lead to financial penalties. While many…
Business
Singapore shares and STI close higher on Monday, mirroring regional indices
Across the broader market, advancers outnumber decliners 377 to 181 after 1.1 billion shares worth S$1.4 billion change hands The Straits…
Business
IRS April 15 tax deadline extended in 9 states: Here's why
While Tax Day looms over millions of Americans, taxpayers in at least nine states have been allowed by the Internal Revenue Service (IRS)…
Business
HPL jumps 5.5% after announcing that Ong Beng Seng will step down as managing director
Shares of Hotel Properties Limited (HPL) rose on Monday (Apr 14) by over 5 per cent, following the company’s announcement that property…
Business
Temasek-backed ABC Impact finishes final close of second fund with more than US$600 million
Asia-focused private equity firm ABC Impact completed the final closing of its second fund, which is backed by Temasek, at more than…
Business
Qatar to invest US$2 billion in Indonesia sovereign wealth fund
Prabowo is on a five-nation tour of the Middle East, visiting the United Arab Emirates, Turkey, Egypt, Qatar and Jordan to boost bilateral…
Business
These China sectors and stocks are bucking the trend amid market volatility
Global markets have been nothing but volatile on the back of tariff-induced swings – but China stocks were an outlier last week. From Apr…
Business
OCI is said to put brakes on Malaysia IPO plan on market turmoil
The polysilicon industry has struggled with a huge surplus, with far too much capacity built relative to demand, resulting in prices of…
Business
Upgrading Paragon as part of a listed Reit
As the local bourse waits for potential new real estate investment trust (Reit) listings to materialise, Paragon Reit,which went public in…
Business
Indonesia’s foreign reserves hit record high despite rupiah rout
Domestic concerns, such as the fiscal outlook and slowing economic growth amid President Prabowo Subianto’s shuffling of policy…
Business
GXS acquires fintech Validus’ Singapore business to boost business banking offerings
GXS Bank announced on Monday (Apr 14) that it has acquired digital lending platform Validus Investment’s Singapore business. The all-cash…
Business
Asia: Stocks rise on electronics tariffs exemption, gold hits new high
Asian stocks rose on Monday as trade war fears were tempered by Donald Trump’s announcement of tariff exemptions for electronics, though…
Business
Goldman cuts targets on China stocks for second time this month
The firm has long been bullish, often going against the tide during the market’s multiyear slump Strategists at Goldman Sachs cut their…
Business
Battered dollar steadies but investors brace for more tariff volatility
The US dollar found some footing on Monday but was still near a three-year low after a bruising week that shook investor faith in the…
Business
Buyout firms get creative on Gulf trips in bid for bigger checks
The giants of private equity have spent years trying to cozy up to Middle Eastern wealth funds to secure massive checks. US President…