Fashion
Banks tap Hong Kong’s discount window for most funds since 2019
[ad_1] HONG Kong banks borrowed the largest amount of short-term cash in almost five years from authorities, a move pointing to a sudden demand for liquidity.The Hong Kong Monetary Authority...
Samsung results disappoint as AI chip gap with rivals persists
[ad_1] SAMSUNG Electronics posted profit and revenue that fell short of market expectations, stoking uncertainty about the outlook of its pivotal chip division.The world’s biggest maker of memory chips and...
Samsung apologises for disappointing profit as it struggles in AI chips
[ad_1] SAMSUNG Electronics estimated on Tuesday (Oct 8) that its third-quarter operating profit jumped nearly four-fold but missed analysts’ estimates, prompting a rare apology from the tech giant for lagging...
Saudi Arabia’s PIF to take 40% share in Selfridges stores
[ad_1] SAUDI Arabia’s Public Investment Fund (PIF) is set to become a minority partner in department store chain Selfridges after buying out the position of the now-insolvent Signa Group.The PIF...
Google Cloud, research units collaborate to speed AI development
[ad_1] GOOGLE said it has seen faster progress in artificial intelligence (AI) as a result of closer collaboration between its cloud computing unit and its AI research lab.Google Cloud struck...
FTX clear to repay customers as firms seek slice of US$1 billion
[ad_1] CRYPTOCURRENCY firm FTX won court approval to fully repay customers whose digital assets were locked on the platform when it imploded nearly two years ago, an unusual result that...
Singtel must show results from NCS, Optus divisions to help fuel share price uptrend
[ad_1] Analysts are also looking for potential expansion from big ticket deals, such as the data centre agreements announced earlier this yearTELCO giant Singtel’s share price has risen significantly in...
Singtel must show results from NCS, Optus divisions to drive further share price growth: analysts
[ad_1] They are also looking for potential expansion that emanates from big ticket deals, such as the data centre agreements announced earlier this yearTELCO giant Singtel’s share price has risen...
Goldman Sachs sees high bar for IPOs easing as market broadens
[ad_1] THE spreading of the rally across equity markets into more than just a handful of stocks is making room for more initial public offerings, according to Goldman Sachs Group’s...
Supreme Court turns down challenge of California labor lawsuits by Uber, Lyft
[ad_1] WASHINGTON — The Supreme Court refused Monday to hear appeals from ride-hailing companies Uber and Lyft, which were asking to block California state labor lawsuits that seek back pay for...
