Business
US: Wall St opens flat as chip stocks dip on China sales deal
Wall Street’s main indexes opened flat on Monday (Aug 11) as major chip companies slipped on the eve of a key tariff deadline after a…
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Business
Business
CGSI downgrades UOB to ‘hold’ following softer loans growth expectation; near-term outlook ‘uncertain’
CGS International (CGSI) analysts Tay Wee Kuang and Lim Siew Khee on Friday (Aug 8) downgraded local bank UOB to a “hold” call from a…
Business
StarHub down 4.9% as M1 sale to Simba dashes hopes of its takeover of the telco
Shares of telco StarHub fell by nearly 5 per cent on Monday (Aug 11) after news of Keppel’s proposed sale of M1 to Simba Telecom. This has…
Business
‘It’s an expanding pie’: Salesforce sees Asia-Pacific as top growth region
Salesforce expects Asia-Pacific to remain its fastest-growing region by revenue in the coming years, as the software giant deepens its…
Business
Computer-driven traders are bullish on stocks, humans are bears
THE thing about trading stocks is everyone has an opinion. And right now there’s an unusual divergence in the market that’s as stark as…
Business
Hyperlocal deliveries fuel 300% stock rise for Shopee owner Sea
In the battle royale of global e-commerce, the names are familiar and formidable: Amazon. TikTok Shop. Shein. Temu. But in South-east…
Business
Thai king endorses Vitai’s appointment as central bank chief
Vitai Ratanakorn is set to take office from Oct 1, according to a Royal Gazette notification Thailand’s King Maha Vajiralongkorn has…
Business
Nvidia H20 chips not safe for China: state media
The chips could achieve functions including “remote shutdown” through a hardware “backdoor”, according to the article Nvidia’s H20 chips…
Business
Hearing of Hyflux founder and ex-CEO Olivia Lum, ex-CFO and directors starts Monday
The trial of Hyflux founder and former chief executive Olivia Lum, its ex-chief financial officer (CFO), and four independent directors is…
Business
Stablecoin growth is hampered by nagging foreign exchange costs
Even as stablecoins enter a period of peak expectations, veterans in wider fintech circles see limitations to the tokens as an emerging…
Business
Steelers' Mike Tomlin Hints at Major Aaron Rodgers News
The Pittsburgh Steelers and Aaron Rodgers are gearing up for Week 1 of the 2025 NFL season, which is under a month away. After agreeing to…
Business
Our Age of Zombie Culture
It’s not alive, but it’s not dead, either. It consumes a vast amount of resources. It’s mindless: what presents as its will is really a…
Business
Info Edge (India) Ltd (BOM:532777) Q1 2026 Earnings Call Highlights: Strong Revenue Growth ...
Standalone Billings: INR644 crores, YoY growth of 11%. Standalone Revenue: INR736 crores, YoY growth of 15%. Operating Profit: INR2,250…
Business
Chinese tech financier released after probe: former colleague
Chinese tech financier Bao Fan has been released by Chinese authorities after vanishing from public view over two years ago while…
Business
Microsoft investigates Israeli military’s use of Azure cloud storage
Microsoft is investigating how Israel’s military surveillance agency, Unit 8200, is using its Azure cloud storage platform, amid concerns…
Business
US licenses Nvidia to export chips to China, official says
The commerce department has started issuing licences to Nvidia to export its H20 chips to China, a US official told Reuters on Friday (Aug…
Business
Rare ceremonial heads discovered in Peru shed light on 'Warriors of the Clouds'
The intricately crafted club heads are believed to have held ceremonial significance, hinting at ritual practices of a society whose…
Business
Europe: Shares post biggest weekly gain in 12 powered by financials
European shares posted their biggest weekly gain in 12 weeks on Friday (Aug 8), as banking stocks continued to drive the benchmark index…
Business
US: Nasdaq posts record closing high with tech gains, rate cut optimism
US stocks ended higher and the Nasdaq notched a record closing high for the second straight day on Friday (Aug 8) as technology-related…
Business
Sri Trang Agro-Industry swings to net loss of 786.8 million baht in Q2
Sri Trang Agro-Industry swung to a net loss of 786.8 million baht (S$31.3 million) for the second quarter ended June, from earnings of…
Business
CEO pulled Boeing out of nosedive, but new challenges approach
One year after taking the helm during Boeing’s deepest crisis in decades, CEO Kelly Ortberg has stopped the company’s freefall. Now, he…
Business
Sri Trang Gloves Q2 earnings drop by 79.6% to 77.1 million baht
Sri Trang Gloves posted a net profit drop of 79.6 per cent year on year to 77.1 million baht (S$3.1 million) for the quarter ended June,…
Business
US: Wall Street opens higher as Fed shake-up stokes dovish bets
Street’s main indexes opened higher on Friday (Aug 8) as US President Donald Trump’s temporary pick for a Federal Reserve governor post…
Business
US dollar softness to relieve pressure on Asia’s foreign exchange defenders
The worst may be over for Asia’s central banks that have ramped up efforts defending local currencies after a resurgent US dollar and…