Business
Amazon Just Bet $4 Billion on South Korea's AI Boom -- Here's Why It Could Be a Game-Changer
Amazon Web Services (NASDAQ:AMZN) and SK Group are teaming up to build what could become South Korea's most powerful AI infrastructure…
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bet
News
IDF, Shin Bet foil imminent terror attack in northern West Bank
Authorities say the arrest of Muslim Mazarwa, a key figure in the Jenin terror network, could deal a significant blow to planned attacks…
Business
Tencent Music buys SM Entertainment stake in K-pop bet
A Tencent Holdings subsidiary is snapping up a nearly 10 per cent stake in SM Entertainment valued at about US$180 million, marking a rare…
Business
CATL’s 1.8-billion euro German plant boosts China’s invest-abroad bet
[SINGAPORE/BERLIN] More than two years ago on the outskirts of a medieval German town, China’s biggest EV battery company placed a…
Business
Scott Bessent Urges Investors to Bet on Trump’s Economic Plan
Treasury Secretary Scott Bessent urged skittish global business leaders on Monday to ignore President Trump’s economic naysayers and ramp…
Politics
Netanyahu demanded loyalty before trying to fire me, Shin Bet chief claims
The director of Israel’s internal intelligence agency, Shin Bet, has alleged that Benjamin Netanyahu fired him for refusing to pledge his…
Politics
Hertz wins over Ackman in a bet tariffs will boost value of cars
Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20 per cent stake in Hertz Global in a bet on the rental car…
Business
IBM launches new mainframe in bet that some data stays local
The intense computational requirements of generative AI have increased demand for many kinds of tech hardware International Business…
Politics
Traders bet on weaker US dollar for 1st time since Trump’s election win
Speculative traders in the US$7.5-trillion-a-day currency market turned bearish on the US dollar for the first time since Donald Trump won…
Business
Brookfield makes US$1.7 billion bet on power needs by AI, data
BROOKFIELD Asset Management agreed to spend US$1.7 billion in a deal to expand its US onshore renewables business as the company bets…
Business
Family offices bet on Nvidia before US$589 billion DeepSeek rout
INVESTMENT firms for the world’s ultra-rich boosted their Nvidia Corp. allocations ahead of the DeepSeek-driven selloff. Family offices…
Business
Meta posts longest rally since 2015 as Wall Street cheers AI bet
Meta Platforms shares posted their longest streak of daily gains in almost a decade, with its latest earnings report adding to investor…
Business
Rakuten billionaire justifies mobile arm losses with big AI bet
RAKUTEN Group’s chief dismissed sceptics who call the Japanese e-commerce pioneer’s mobile foray a mistake and said the telecom arm is…
Business
Contrarian bet emerges that next Fed move is higher, not lower
IT’S at best, a longshot, but one that’s emerged among a group of die-hard bond traders – that the US Federal Reserve’s next move on…
Business
Fidelity launches key China fund in bet on retirement boom
FIDELITY International, one of the world’s biggest pension managers, is taking a key first step in the Chinese market to tap a growing…
Business
Amazon's $5 Billion Bet: Mexico Set to Become Latin America's Cloud Powerhouse
Amazon (NASDAQ:AMZN) just dropped a game-changer. The tech giant is pouring over $5 billion into a cutting-edge AWS data center in…
Business
Apple approaches US$4 trillion valuation as investors bet on AI momentum
APPLE is closing in on a historic US$4 trillion stock market valuation, powered by investors cheering progress in the company’s…
Business
US dollar holds firm as traders bet on cautious Fed in 2025
THE greenback held firm on Tuesday (Dec 17) ahead of an expected interest rate cut in the United States, as traders grow increasingly…
News
Largest Bet Ever Placed in History
In the world of gambling, some bets stand out not just for their size but for the stories behind them. From legendary figures to shocking…
Politics
Macron hopes to contain far right in national elections after it surged in EU vote. It's a risky bet
The far right's surge in France in elections for the European Parliament was widely expected. What came next was not. French President…