Business
Indonesia to use one million African weevils to spur palm output
Indonesia is betting on tiny bugs from Africa to help boost its palm oil production, as the broader sector grapples with tightening supply…
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Business
Business
Stocks to watch: Paragon Reit, mm2 Asia, ST Engineering, UMS Integration
The following companies saw new developments that may affect trading of its securities on Thursday (Mar 27). Paragon Reit: The manager has…
Business
Dak Prescott to Browns Rumor Doesn't Make Sense
The Dallas Cowboys offseason of turmoil continues, this time with a weird trade rumor spreading. A Browns sports coverage show host…
Business
Citigroup hiring dealmakers in Japan with fee pool seen reviving
Citigroup is expanding its investment banking team in Japan as the Wall Street firm bets that the country’s deal fee pool will finally…
Business
UOB taps rising South Korean interest in Asean with new FDI advisory centre in Seoul
South Korean firms eyeing expansion into Asean can now tap UOB’s support, following the launch of its Foreign Direct Investment (FDI)…
Business
GameStop to borrow US$1.3 billion to fund Bitcoin buying spree
GameStop is seeking to sell US$1.3 billion of convertible bonds with no coupon payment to fund Bitcoin purchases as it embraces a strategy…
Business
Tesla troubles: Speed bump or early signs of impending crash?
Tesla, the Elon Musk-run auto company, has had a turbulent time recently, fueled by its chief executive’s close ties to Donald Trump and…
Business
Xpeng may add EV output in Europe, Latin America in growth push
Chinese electric vehicle (EV) maker Xpeng is looking to ramp up its global expansion, including investing in manufacturing plants and…
Business
Fidelity tests stablecoin in latest Wall Street blockchain push
Fidelity Investments is testing a stablecoin, as large financial firms continue to dive into one of crypto’s fastest-growing sectors.…
Business
Oil settles up 1% on US crude and fuel stock draw, Venezuela supply worries
Oil prices rose on Wednesday, buoyed by government data showing US crude oil and fuel inventories fell last week and by mounting concerns…
Business
Stocks Slump Ahead of Trump’s Auto Tariffs
Stocks slumped on Wednesday ahead of President Trump’s announcement of tariffs on auto imports, as investors braced for levies that could…
Business
Europe: Shares end lower as US tariff deadline looms
European shares closed lower on Wednesday (Mar 26), dragged by technology and healthcare stocks, while investors remained concerned about…
Business
US: Stocks slip as auto tariffs approach
US stocks veered off course on Wednesday (Mar 26) after the White House said President Donald Trump would announce fresh tariffs on the…
Business
X ad sales expected to grow for first time since Musk deal
Elon Musk’s X is on pace for its first year of advertising revenue growth since the billionaire acquired the company in 2022, according to…
Business
Jefferies profit drops on pullback in deals, capital markets
Jefferies Financial Group’s fiscal first-quarter earnings declined amid a drop in investment-banking and capital-markets revenue, with…
Business
Bombardier announces Principle Finance acquired two Challenger 650 aircraft
Bombardier (BDRBF) Defense announced that Principle Finance, a renowned provider of customised operating lease for aircraft in Australia,…
Business
As Malaysia’s Sapura Energy tumbles, Petronas’ silence is telling
The country’s national oil giant had propelled Sapura Energy into the big league but is now watching on the sidelines as the once-sector…
Business
Don’t mourn DFI’s sale of Cold Storage, Giant; its modernisation journey could pay off soon
While the group has a seemingly formidable portfolio of retailing brands, its shares have delivered a negative total return of 65.8% over…
Business
CBS Canceling ‘After Midnight,’ in Another Blow to Late-Night TV
It’s another blow to late-night television. CBS said on Wednesday that it was canceling “After Midnight,” the network’s 12:30 a.m. comedy…
Business
Rivian spins out startup focused on small, lightweight electric vehicles
Rivian, known for its large electric trucks, is setting its sights on small and lightweight vehicles. The Irvine-based automaker said…
Business
Velma McMillan Recognized for Her Leadership in Business and Community Service
ROCKWALL, TEXAS—Velma M. McMillan, an entrepreneur and financial expert, has been recognized for her leadership in the insurance and…
Business
Tesla Stops FSD Free Trial in China Just One Week After Its Launch
China’s new Full Self-Driving regulations compound Tesla’s troubles Tesla has suspended its free Full Self-Driving (FSD) trial in China…
Business
Dollar Tree Is Selling Family Dollar for $1 Billion
Dollar Tree is selling the Family Dollar brand to two private capital firms for just over $1 billion, the company announced on Wednesday…