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AFTER Hong Kong’s first listing of a firm acquired by a special purpose acquisition company, a long line of such deal vehicles in the city continues to struggle to find targets or receive…
THE Bank for International Settlements (BIS) said on Thursday (Oct 31) it would quit the cross-border payments platform Project mBridge, raising questions about how the scheme backed by…
MASTERCARD reported profit that beat analysts’ estimates, helped by a boost in cross-border transactions. The company posted adjusted earnings per share of US$3.89 in the third quarter on…
SAUDI Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of Understanding (MoU) with Japanese financial institutions worth up to an overall US$51…
Search giant Google wants people to use its navigation app for more than just finding directions and avoiding traffic. The tech giant is adding generative AI features to Google Maps so…
KARAOKE and live show operator Goodwill Entertainment has announced that its initial public offering (IPO) on the Catalist board of Singapore Exchange has been 1.5 times oversubscribed. In…
A strange claim has been doing the rounds on social media this week that Kamala Harris' presidential campaign paid superstar singer Beyonce $10 million to attend her Houston rally. Beyonce…
Kim Kardashian took down her eldest son's YouTube channel on Wednesday after two posts appeared to be critical of Kamala Harris. The account, under the handle @TheGoatSaint and belonging…
UBER Technologies reported weaker-than-expected ride bookings and issued a middling forecast for the holiday quarter, even as it delivered record operating profit. The company posted…
They expect local lenders to continue posting stable results amid lower net interest margins STRONG wealth management fees are likely to have continued boosting earnings at the three local…
WINKING Studios announced its intention to seek a listing on the AIM Market of London Stock Exchange (LSE) in November to support expansion into western markets. In a bourse announcement…
Upcoming K-movie One Win has released new stills of the cast members. The teaser images feature a team-up between volleyball coach Kim Woo Jin (portrayed by Song Kang Ho) and team owner…
Former President Donald Trump was greeted with a "big, beautiful MAKE AMERICA GREAT AGAIN Garbage Truck" at a Wisconsin airport Wednesday. "How do you like my garbage truck?" Trump asked…
Samsung Electronics declared progress in supplying its most advanced artificial intelligence (AI) memory chips to Nvidia, offering some reassurance to investors who fear the company’s…
Coinbase Global committed another US$25 million of funding to Fairshake, a political action committee for the digital-asset industry that has become an influential player in the US…
Trafigura Group is preparing to take a US$1.1 billion hit after discovering what it suspects was fraud involving employees in its Mongolian oil business, according to people familiar with…
Manulife Financial has cut hundreds of jobs in its global wealth and asset management business, representing about 2.5 per cent of the division’s staff. The move was made “in an effort to…
Starbucks’ new chief executive Brian Niccol is facing a key test: convincing investors he’s worth the US$21 billion in market value the coffee chain notched after his appointment. On…
Apple’s new artificial intelligence tools are here. Now the company is trying to help customers understand them. The Cupertino, Calif.-based tech giant on Wednesday began offering…
Siemens reached an agreement to buy software maker Altair Engineering for US$10 billion including debt in its largest-ever acquisition. The German engineering group will pay Altair…
Oil prices rebounded on Wednesday (Oct 30), rising more than 2 per cent after data showed US crude and gasoline inventories fell unexpectedly last week and on reports that the Opec+ may…
APPLE on Wednesday (Oct 30) unveiled new MacBook Pro models that feature more powerful processors for tasks such as photo and video editing, aiming to bolster its appeal among creative…
DHL cut its guidance for 2024 earnings before interest and taxes (Ebit) on Wednesday (Oct 30), citing continuously weak business-to-business mail volumes and lower-than-expected margins in…
It was not immediately clear whether the executive Leon Wang was in the custody of the Chinese government AstraZeneca’s China president is under investigation and is cooperating with…
