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SoftBank Group’s US$6.5 billion acquisition of semiconductor designer Ampere Computing is facing a potentially lengthy probe by the US government. The Federal Trade Commission (FTC), one…
Manhattan home sales in the second quarter were stronger than they have been in almost two years, boosted by cash buyers undeterred by the economic uncertainty created by US President…
The Monetary Authority of Singapore’s (MAS) proposals to strengthen product highlights sheet (PHS) requirements and streamline the framework for complex products signal a major shift in…
Gold prices edged lower on Wednesday (Jul 2) as investors awaited US payroll data and assessed Federal Reserve chair Jerome Powell’s cautious stance on rate cuts, although a weaker US…
Shares of Yangzijiang (YZJ) Financial rose by 6 per cent on Wednesday (Jul 2) morning, following an update by the group on its incorporation of YZJ Maritime Development, a proposed…
Intel’s new chief executive is exploring a big change to its contract manufacturing business to win major customers, two sources familiar with the matter told Reuters, in a potentially…
The United States, Japan, India and Australia pledged on Tuesday to work together to ensure a stable supply of critical minerals, as worries grow over China’s dominance in resources vital…
Yangzijiang (YZJ) Financial released an update on Wednesday (Jul 2) that its proposed spin-off company YZJ Maritime Development has been incorporated as a wholly owned subsidiary in…
Embattled cinema chain Cathay Cineplexes on Tuesday (Jul 1) received a statutory demand from lawyers representing the landlord of its shuttered outlet at Jem shopping mall, asking that it…
Central banks hold a variety of assets, each serving a specific purpose tied to their mandate of maintaining monetary and financial stability. Beyond mandate, a central bank’s holdings are…
Tesla’s rally off the back of launching a limited driverless taxi service is about to be tested by what analysts expect will be another downbeat quarterly sales report. The electric-car…
A JURY in San Jose, California, said on Tuesday that Google misused customers’ cell phone data and must pay more than US$314.6 million to Android smartphone users in the state,…
West Hollywood-based Tinder is now requiring facial recognition scans for all users in California as part of its efforts to build trust among users and reduce the prevalence of scams and…
23andMe, a distressed genetic testing company that filed for bankruptcy this year, has received another potential lifeline. A bankruptcy judge approved the sale of the company’s assets and…
The S&P 500 and Nasdaq indexes opened lower on Tuesday (Jul 1), after touching record highs a day earlier, as investors monitored US trade talks and a voting marathon in Washington…
Investors should consider allocating part of their portfolios to transformational innovation as a way to diversify risks in an increasingly volatile world, said Ulrike Hoffmann-Burchardi,…
Buoyed by the overnight Wall Street rally, Singapore shares rose on Tuesday (Jul 1), with about the top one-third counters by weighting on the blue-chip-gauge Straits Times Index (STI) all…
Investors in Singapore may soon gain clearer disclosures and improved guidance for complex investment products if a set of amendments proposed by the Monetary Authority of Singapore (MAS)…
Asia-focused insurer Prudential on Tuesday (Jul 1) announced the commencement of the third and final tranche of its US$2 billion share buyback programme launched in June 2024. This latest…
Malaysian semiconductor designer SkyeChip is “close” to an initial public offering after posting consecutive years of revenue and profit growth, said chief executive officer Fong…
In 2025, a growing number of corporations globally have announced job cuts, as macroeconomic pressures, restructuring efforts, and shifting strategies force companies to trim their…
The QDII programme allows local institutional investors who meet certain conditions to buy foreign securities, bonds, and commodities within their prescribed limit China has…
Chinese automakers continued to expand their European foothold in May, capturing the highest share ever of hybrid-car sales and the biggest slice of the electric vehicle (EV) market in 10…
[SHANGHAI/HONG KONG] Chinese investors are piling into Hong Kong shares lured by lower valuations and the city’s strategic position in China’s growing rivalry with the United States. A…
