Culture
Thai Airways’ share price soars more than 200% after trading resumption
[ad_1] [BANGKOK] Thai Airways International’s stock price had risen 216 per cent when the market closed on Monday (Aug 4) after shares in the airline resumed trading following a hiatus...
South Korea’s SK On aims to best rivals with next-generation batteries
[ad_1] [SEOUL] SK Innovation’s battery unit plans to accelerate development of cutting-edge technologies in partnership with US and European carmakers, its R&D chief said, aiming to win back market share...
Gold caught between bearish technicals and bullish long-term fundamentals
[ad_1] Gold has long stood as the ultimate barometer of fear and uncertainty in the global financial system. Yet in recent weeks, it has been facing a perplexing mix of...
The AI race has big tech spending US$344 billion this year
[ad_1] [LONDON] If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two weeks, it’s to never underestimate the fear...
Wall Street banks lose ground in Europe as tariffs spook clients
[ad_1] AS US President Donald Trump has ratcheted up his rhetoric against trading partners in Europe, corporates across the continent are taking notice.Some companies have begun to diversify their banking...
CDL’s Kwek Leng Beng aims to treble the group’s hotel numbers to 500
[ad_1] [SINGAPORE] If City Developments Ltd (CDL) executive chairman Kwek Leng Beng’s plans come to fruition, the group’s portfolio of hotels – including those under subsidiary Millennium Hotels & Resorts...
Buffett’s Berkshire hit with US$3.8 billion Kraft Heinz charge
[ad_1] WARREN Buffett’s Berkshire Hathaway took a US$3.8 billion impairment on its Kraft Heinz stake, the latest hit to a bet that’s weighed on the billionaire investor’s company in recent...
Opec+ makes another large oil output hike in market share push
[ad_1] [LONDON] Opec+ agreed on Sunday (Aug 3) to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain...
Brunei tweaks Bridgewater bet to a lucrative 20% stake in firm
[ad_1] Published Sat, Aug 2, 2025 · 12:30 PM[NEW YORK] Brunei’s sovereign wealth fund pulled money from an investment in a Bridgewater Associates strategy to buy an almost 20% stake...
Barclays says credit liquidity premium gone as e-trading thrives
[ad_1] This premium has shrunk as electronic credit trading has boomed, bringing more liquidity to the market, according to the reportPublished Sat, Aug 2, 2025 · 10:52 AM[NEW YORK] The...
