Asia: Stocks mostly rise on trade deal optimism
Asian markets mostly rose on Thursday on optimism that governments will hammer out deals to avoid the worst of US President Donald Trump’s tariffs even after he broadened his range of…
Section
Culture
OpenAI to release web browser in challenge to Google Chrome
OpenAI is close to releasing an artificial intelligence (AI)-powered web browser that will challenge Alphabet’s market-dominating Google Chrome, three sources familiar with the matter told…
China lenders rush to sell riskiest debt to catch low yields
Chinese authorities have pushed through the mergers of hundreds of smaller, mostly rural banks, while the larger behemoths are struggling to generate profits due to record-low margins …
Singapore’s future bankers vie for coveted spots at university finance clubs
At Singapore’s universities, undergraduates are fighting for the golden ticket they believe will get them a coveted banking job years later: membership in a campus finance club. Lengthy…
Chinese tycoons are turning Indonesia into an aluminium giant
[LONDON/SINGAPORE] Chinese tycoons are turbo-charging Indonesia’s aluminium industry with multi-billion dollar projects that rival the vast bets made on the country’s nickel riches roughly…
Gold edges higher as Trump tariff moves keep markets on edge
Gold prices edged higher on Thursday (Jul 10) as US President Donald Trump’s latest tariff announcements kept markets cautious, with investors closely watching trade negotiations, while a…
Food Empire to invest US$37 million to expand India coffee facility, eyes Asia for growth
Food and beverage company Food Empire intends to invest US$37 million to expand the capacity of its spray-dried soluble coffee manufacturing facility in Andhra Pradesh, India. This will…
Brennan says he's 'clueless' about why FBI authorities want to investigate him
Former CIA Director John Brennan said Wednesday that he is "clueless" about what the Justice Department and FBI authorities could be investigating. Source link
BOJ will hold off rate hikes until March due to US tariff hit, ex-policymaker says
The Bank of Japan will likely hold off raising interest rates again until at least next March to assess the damage that US tariffs could inflict on the economy, former central bank…
UOL unit prices S$75 million fixed rate notes at 2.78%
They will be issued as the second tranche of the fifth series of a S$2 billion multicurrency medium-term note programme Property player UOL on Wednesday (Jul 9) announced that its wholly…
Australia takes another step toward a central bank digital currency
Australia’s central bank said on Thursday it was taking another major step toward a wholesale central bank digital currency (CBDC) with a range of industry partners pursuing…
AI chip startup Groq discusses US$6 billion valuation, The Information reports
semiconductor startup Groq has spoken to investors about raising between US$300 million and US$500 million at a US$6 billion post-investment valuation, The Information reported…
India plans to kickstart rare-earth output to cut China reliance
A proposed plan by India to spur local production of rare-earth magnets has drawn initial interest from a clutch of large conglomerates, sources familiar with the matter said, as the…
Nvidia becomes first company to reach US$4 trillion in value
Nvidia became the first company to touch US$4 trillion in market value on Wednesday, a new milestone in Wall Street’s bet that artificial intelligence will transform the economy. Shortly…
The secret behind innovation that matters: Scale
Everyone loves the “aha” moment—that big idea, concept, or insight. But real impact happens when innovation takes root, at scale. This is where the rubber really meets the road. We are…
Oil steady on strong petrol demand, Red Sea attacks while Trump tariffs loom
Oil prices were steady on Wednesday as investors weighed strong US petrol demand data and attacks on shipping in the Red Sea, while US copper tariffs loomed. Brent crude futures settled up…
US: Nasdaq ends at record as stocks shrug off latest Trump tariffs
The Nasdaq vaulted to a fresh record on Wednesday, shrugging off new tariff threats from President Donald Trump as Nvidia became the first company to touch US$4 trillion in market…
Trump, in unusual move, ties tariff rate for Brazil to domestic prosecution of Jair Bolsonaro
President Trump whacked Brazil on Wednesday with a 50% tariff on goods its producers send into the U.S., linking the levy in part to the prosecution of former Brazilian president and Trump…
Iranian woman released from ICE detention after Scalise steps in
Republican House Majority Leader Steve Scalise helped to gain an Iranian woman's release from Immigration and Customs Enforcement after he advocated for her. Source link
ICE Official Reveals Disturbing Blacklist Behind Roundup of Students
An Immigration and Customs Enforcement official revealed Wednesday that the agency’s efforts to deport foreign students for their purportedly “radical,” pro-Palestinian beliefs relies on…
Court throws out Biden-era conviction of Hillary Clinton 'troll'
A federal appeals court Wednesday overturned the conviction of a conservative social media influencer accused of trying to trick his followers into believing they could vote online for…
Trump Sneaked Huge Gift for Peter Thiel–Backed Company Into Budget
In an appearance on Fox Business on Wednesday, Trump’s agriculture chief, Brooke Rollins, revealed that the administration has no plan to fix the damage his mass deportations are…
There’s a new tax deduction for car loans in Trump’s Big Beautiful Bill. Here’s who’s eligible—and what’s the catch
While the “No Tax on Tips” provision in President Donald Trump’s One Big Beautiful Bill Act has been making headlines for its tax deductions on tips and overtime, there are plenty of other…
Trump Celebrates as FBI Opens Revenge Probe Into Comey and Brennan
In an appearance on Fox Business on Wednesday, Trump’s agriculture chief, Brooke Rollins, revealed that the administration has no plan to fix the damage his mass deportations are…