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Chery Automobile is planning a Hong Kong initial public offering (IPO) that may raise about US$1.5 billion as early as next month, according to sources familiar with the matter,…
N markets were mixed on Thursday after AI powerhouse Nvidia’s quarterly earnings beat expectations but its shares slipped over worries about the company’s stalled business in…
The Melbourne-based bank is in the midst of a major restructure under new chief executive officer Nuno Matos Some ANZ Group Holdings staffers were inadvertently told they were…
Berjaya Food’s net loss has more than tripled to RM292 million for the financial year The operator of Starbucks in Malaysia saw its net loss plunge to a record low as customers…
Gold prices remained stable on Thursday (Aug 28), as market participants awaited US economic data due this week that could help shed further light on the Federal Reserve’s interest rate…
South Korea’s central bank held policy interest rates steady for a second straight review on Thursday, amid concerns about financial imbalance risks caused by a rapid buildup of…
The following companies saw new developments that may affect trading of their securities on Thursday (Aug 28): CapitaLand Investment (CLI): Its subsidiary CapitaLand Commercial C-Reit…
China’s campaign to stamp out a ferocious electric vehicle (EV) price war seems to be having a limited effect, with all of the nation’s top 20 auto brands either keeping discounts intact,…
Alphabet’s Google is investing an additional US$9 billion in Virginia till 2026 to enhance cloud and artificial intelligence (AI) infrastructure across the state, marking the latest in a…
UBE and Fox said on Wednesday they have reached a short-term agreement that will keep Fox News, Fox Sports and other Fox channels available to YouTube TV subscribers. The…
Nvidia, the world’s most valuable publicly traded company, gave a tepid revenue forecast for the current period, signalling that growth is decelerating after a staggering two-year boom in…
Oil prices settled higher on Wednesday (Aug 27) after data showed a larger-than-expected drop in US crude inventories and as investors weighed the potential impact from new US tariffs on…
The listing is expected by Q4 and will raise about 2.1 billion yuan through the issuance of 400 million units CapitaLand Commercial C-Reit (CLCR) has received approval from the China…
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant at more than US$330 billion, driven by continued…
CapitaLand Ascott Trust (Clas) has acquired three rental housing properties in Japan for a total of 4 billion yen, said managers of the real estate investment trust (Reit) on Wednesday…
OpenAI, the maker of popular chatbot ChatGPT, outlined how artificial intelligence is creating jobs and making Californians more productive as the tech company faced heightened safety…
Automotive group Tan Chong International posted a net profit of HK$11.7 million (S$1.9 million) for the first half ended Jun 30, reversing a net loss of HK$35.9 million from the same…
Microsoft and Rolls-Royce Power Systems are pushing for the adoption of hydrotreated vegetable oil (HVO) as a sustainable backup fuel for data centres in Singapore and beyond, as the…
Russian households have amassed a record amount of bank deposits as they take advantage of historically high interest rates for savings accounts in the wartime economy. Deposits held by…
After posting record half-year sales figures on Wednesday (Aug 27), Lego said it would sustain its momentum by doubling down on the market in Asia. The Danish toymaker announced 34.6…
Under the deal, almost £100 million of what Thames Water owes could be delayed until 2030 Britain’s Thames Water said on Wednesday (Aug 27) the regulator had given it some…
Insurance companies are the most willing to upsize their office space in the city Richard Li’s FWD Group Holdings signed a decade-long deal with Swire Properties to expand its…
The Institute of Valuers and Appraisers, Singapore (IVAS) signed memorandums of understanding (MOUs) with two educational institutions to provide training support for the Chartered Valuer…
The Institute of Valuers and Appraisers, Singapore (IVAS) signed memorandums of understanding (MOUs) with two educational institutions to act as training partners for the Chartered Valuer…
