Section
It is set to add over US$30 billion to its market capitalisation, if premarket gains hold MICRON Technology shares rose nearly 14 per cent in premarket trading on Thursday (Dec 18),…
Oil prices rallied by more than 1 per cent on Wednesday after US President Donald Trump ordered a blockade of all oil tankers under sanctions entering and leaving Venezuela, raising global…
WALL Street’s main indexes closed lower on Wednesday, with the S&P 500 and the tech-heavy Nasdaq sinking to three-week lows as nagging worries about the artificial intelligence trade…
A group of entertainment industry workers launched a new coalition that aims to advocate for the rights of creators amid the growing AI industry. The group, called Creators Coalition on…
Blue Owl’s discussions with lenders and Oracle for an OpenAI-linked Michigan data centre stall after failed negotiations Oracle’s largest data centre partner, Blue Owl Capital, will not…
Wall Street’s main indexes were subdued at the open on Wednesday (Dec 17) as investors searched for fresh clues to gauge the outlook for monetary policy, while caution lingered following…
His temporary relocation is part of an effort to cut down on a hectic travel schedule HSBC Holdings staff in Hong Kong are about to see a lot more of chief executive officer Georges…
At least six Chinese companies related to artificial intelligence are set to go public in Hong Kong in the coming weeks, people familiar with the matter said, building on the strong recent…
Robots from around the world converged on Silicon Valley to provide a glimpse of a potential future. Two robots picked up T-shirts with orange-tipped claws, then neatly folded and piled…
PowerCo is considering bank loans, external investors and a potential public offering Volkswagen’s battery business is being forced to seek external financing after the German carmaker cut…
South Korea’s central bank said on Wednesday (Dec 17) that headline inflation in 2026 could exceed earlier forecasts, if the won stays at its current level against the dollar. “If the…
The transaction may value the corporate services firm at US$950 million to US$1 billion Warburg Pincus is nearing a deal to acquire Asia-focused corporate services firm Acclime, sources…
The bank also leaves its deposit and lending rates unchanged at 3.75% and 5.50%, respectively Indonesia’s central bank held its policy rates unchanged for a third straight meeting on…
Returns are expected to moderate for the precious metal in the new year, say analysts Gold has surged more than 60 per cent since the beginning of 2025 – its strongest annual performance…
Shareholders of Indonesia’s digital giant GoTo Group have approved the appointment of Hans Patuwo as president director and chief executive officer. The appointment was approved at GoTo’s…
LV has four trademarks registered in Singapore: the ‘LV’ monogram and three graphical motifs Global luxury and fashion goods company Louis Vuitton has sued a wholly owned subsidiary of…
AMAZON is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence company at over US$500 billion, a source familiar…
Japan is home to a network of little-known companies that dominate in key materials that are indispensable for semiconductor manufacturing Semiconductor materials linchpin Resonac Holdings…
Group capital expenditure could double in 2026, with earnings ‘unlikely’ to keep pace S&P Global Ratings revised its outlook for the Genting group of companies to “negative”, citing…
Visa is opening its US network to stablecoin settlement, expanding crypto-linked products and services enabled by the relaxed regulatory environment under the second Trump administration.…
The founder of South Korea’s Coupang failed to appear before a Wednesday parliamentary hearing about the massive data breach at the e-commerce giant, angering lawmakers who said they would…
Japan’s Mizuho Securities on Wednesday (Dec 17) said that it will buy a majority stake in Indian investment bank Avendus from US investment firm KKR for up to 81 billion yen (S$675…
Gold climbed on Wednesday (Dec 17) after a US jobs report showed the unemployment rate rose in November, buoying bets of further US interest rate cuts next year while pressuring the US…
Silver vaulted past the US$65 mark for the first time on Wednesday (Dec 17), while gold edged higher as weaker US labour data rekindled expectations of interest-rate cuts, pressuring the…
