Section
Disney Cruise Line’s (DCL) first Asia cruise, Disney Adventure, will not be bringing its magic to Singapore’s shores by December as originally planned. The ship’s maiden voyage will be…
WHEN David Ha started an AI company in Japan with his former Google colleague, they had a choice: create another huge, energy-intensive tool like ChatGPT, or go their own way. Since its…
The next-generation version of the ES sedan will be manufactured in Japan, as the company announced in 2021 Toyota Motor will start making two battery-powered sport utility vehicles (SUVs…
Longer-dated rupiah bonds are also vulnerable to moves in US Treasuries due to the heavier concentration of global investors in those notes The gap between yields of Indonesia’s short- and…
Shares of South-east Asia’s biggest banking group are more than 20% up in the year to date Source link
A world-beating stock market rally has led the recent surge in two-way financial flows, which surged to an unprecedented US$4.5 trillion in the first seven months of the year “Made in…
The following companies saw new developments that may affect trading of their securities on Thursday (Sep 11): Nio: The Chinese electric vehicle maker plans to raise about US$1 billion…
General Motors, Ford Motor and Stellantis, which owns the Chrysler, Jeep and Ram brands, ship their own China-made cars to the country and other parts of Latin America Mexico plans to…
There are sharply divergent views on the direction of gold prices; meanwhile, gold mining stocks are now performing better than the precious yellow metal Back in April, as global markets…
These ultra-high-net-worth investors are turning to banks which offer alternative ways of managing their wealth The compliance costs incurred when setting up single-family offices (SFOs)…
US AUTHORITIES have seized 4.7 million unauthorised e-cigarettes valued at US$86.5 million in the largest operation of its kind to date, the Department of Health and Human Services said on…
EUROPEAN shares reversed course to close lower on Wednesday as a boost from Spanish fast-fashion giant Inditex was offset by a pullback in technology stocks. The pan-European Stoxx 600…
Food delivery app DoorDash is setting its sights on a new destination to test out flying drone deliveries: San Francisco. The tech company leased a warehouse in the Mission District last…
Property developer UOL has entered into an agreement to sell Kinex, a retail mall, for US$375 million. The buyers of the freehold property are Kinex Times Square and Xiaohong Property…
The S&P 500 and the Nasdaq hit intraday record highs at the open on Wednesday (Sep 10), after cooler-than-expected producer inflation data boosted bets on interest-rate cuts by the Federal…
A Malaysian unit of beleaguered entertainment group mm2 Asia has settled a dispute with its landlord, Hektar Real Estate Investment Trust, over unpaid rent and other charges for its movie…
This is due to higher sales from both the company’s domestic market in the Philippines and international markets Canned-food brand Del Monte Pacific has returned to the black with a net…
Oracle said on Tuesday (Sep 9) it expects booked revenue at its Oracle Cloud Infrastructure business to exceed half a trillion dollars, boosted by growing demand for its relatively…
Chinese private equity firm Centurium Capital is considering selling its stake in Taibang Biologic Group, people familiar with the matter said. Centurium has been sounding out potential…
As a result of the new share placement, controlling shareholder mm2 Asia’s stake in Vividthree will be diluted to 23% Vividthree Holdings will see private equity fund Hildrics Asia Growth…
Asian markets extended gains on Wednesday (Sep 10), with Tokyo and Seoul emulating a record day on Wall Street as fresh data pointing to a weakening US jobs market ramped up expectations…
Larry Ellison is closing in on Elon Musk for the title of the world’s richest person. His fortune soared US$70 billion after Oracle reported quarterly results after market close on Tuesday…
Ellison, who co-founded Oracle, has the bulk of his net worth tied up in the database software company Larry Ellison has become the world’s richest person for the first time, ending Elon…
South Korean shares hit a record high on Wednesday (Sep 10), boosted by investors’ hopes for President Lee Jae Myung’s plan to reverse a tax hike proposal following a backlash, and so…
