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OPENAI is working with Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) to build its first in-house chip designed to support its artificial intelligence (AI) systems while…
VISA’S fourth-quarter profit beat Wall Street expectations on Tuesday (Oct 29), as consumers set aside worries of a slowing economy and swiped their cards to splurge on travel and dining…
INVESTORS in Singapore can now gain direct exposure to five mega-cap companies listed in Hong Kong and tap into more opportunities to diversify their portfolios through new Singapore…
INVESTORS in Singapore can now gain direct exposure to five mega-cap companies listed in Hong Kong and tap into more opportunities to diversify their portfolios through new Singapore…
FOR any company, the Asean economic bloc represents a business opportunity that cannot be ignored. The 10 countries that make up the Association of Southeast Asian Nations have a combined…
China’s BYD is hiring the former UK chief of Stellantis, according to people familiar with the matter, as the EV maker builds a team of European executives to lead its expansion in the…
Wall Street opened lower on Tuesday (Oct 29) as investors assessed a host of corporate results and looked ahead to Google-parent Alphabet’s earnings later in the day, while gains in US…
MAPLETREE Industrial Trust (MIT) reported a distribution per unit (DPU) of S$0.0337 for the second fiscal quarter ended Sep 30, 2024, up 1.5 per cent from S$0.0332 in the corresponding…
STARHILL Global Reit reported a 1.4 per cent rise in its net property income (NPI) to S$37.9 million for its first fiscal quarter ended Sep 30, 2024, from S$37.4 million in the…
PAYPAL forecast fourth-quarter revenue below estimates on Tuesday (Oct 29) as the digital payments company shifts its focus to higher-margin businesses from aggressive expansion, sending…
COMMONWEALTH Bank of Australia (CBA) has sold a 10 per cent stake in Vietnam International Commercial Joint Stock Bank (VIB) it said on Tuesday (Oct 29), following a previous divestment…
Cumulative losses for the nation’s fuel-makers total 32 billion yuan this year till September, amid a downturn in the nation’s property sector and a shift towards electric transportation…
Weeks after former President Trump survived an assassination attempt in Butler, Pa., a video circulated on social media that appeared to show Vice President Kamala Harris saying at a…
CITIC Securities, China’s biggest brokerage, reported a 21.9 per cent rise in third-quarter profit on Tuesday (Oct 29), driven by growing investment gains. Net profit for the three months…
ADIDAS saw strong underlying growth in Greater China in the third quarter, while sales in North America excluding the Yeezy collection were up on the year on increasing brand momentum,…
It also posts a rise in non-operating income of 21.6 billion yen in the quarter due to Aozora being an equity-method affiliate JAPAN’S second-largest brokerage and investment bank Daiwa…
SINGAPORE’S digital economy shrank 2.3 per cent in nominal terms to account for S$113.2 billion of the nation’s gross domestic product in 2023, down from S$115.9 billion in 2022. (*See…
BYTEDANCE founder Zhang Yiming is China’s richest person, with personal wealth of US$49.3 billion, an annual rich list showed on Tuesday (Oct 29), although counterparts in real estate and…
HSBC Holdings announced a fresh multi-billion US dollar stock buyback as it reported better-than-estimated earnings days after unveiling a major restructuring of its business. Europe’s…
The Los Angeles Times and Washington Post have seen significant subscription cancellations in the days since their billionaire owners decided not to endorse in the presidential race after…
AUSTRALIAN department store owner Myer will buy retail billionaire Solomon Lew’s Premier Investments’ apparel brands business, in a deal valued at A$863.8 million (S$752 million), the…
SOME StarHub customers experienced disruptions to their mobile network on the morning of Oct 29, leaving them unable to access the internet. Outage monitoring site Downdetector registered…
SHARES of Nippon Paint surged following its announcement of a deal to acquire a US-based chemicals formulator. The stock price for the Japanese firm gained as much as 23.6 per cent on…
SINGAPORE shares opened almost flat on Tuesday (Oct 29), after US and Europe’s indices rose overnight. As at 9.01 am, the Straits Times Index (STI) rose 0.71 point or 0.02 per cent to…
