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The company says its overall store count will drop by 1% during the 2025 fiscal year Starbucks said it will close stores and eliminate 900 jobs in a US$1 billion restructuring effort as…
China’s Zijin Mining Group is worth more than US$100 billion at the market close for the first time, after a decade-long growth push that’s put it in the big league of metals miners along…
The total enterprise value of the sale is about 3 per cent higher than the aggregate of the independent valuations The trustee-manager of CapitaLand India Trust (Clint) on Thursday (Sep…
Equity Market Development Programme is designed as a durable one, and will adapt as market conditions evolve, they add The Monetary Authority of Singapore’s (MAS) S$5-billion Equity Market…
Zijin Gold International delayed its US$3.2 billion listing after Super Typhoon Ragasa slammed Hong Kong, bringing the city to a standstill and disrupting the company’s ability to take…
Nvidia plans to invest $100 billion in OpenAI, giving the ChatGPT maker a huge war chest to build data centers with the chip maker’s chips. OpenAI will gain access to millions of Nvidia…
The Trump administration wants to redistribute $2.4 billion it pulled from California’s high-speed rail project as part of a new $5 billion program announced Monday to fund rail projects…
The company aims to become one of the top three financial apps in every market it enters Revolut plans to enter 30 new geographies by the end of the decade, a strategy that will ultimately…
The US$100 billion partnership between dominant AI chipmaker Nvidia and leading artificial intelligence company OpenAI could give both companies an unfair advantage over their competitors,…
One could be forgiven to question how a storm could delay one of the world’s biggest deals in a sophisticated financial centre like Hong Kong. Well, it is looking increasingly likely that…
The deal will enable Heineken to enter “new profit pools” across Central America, says chief executive Dolf van den Brink Dutch brewer Heineken will buy the beverage and retail businesses…
Tonnes of microplastic granules from the ship have inundated an 80-kilometre stretch of beach along Sri Lanka’s western coast A Singapore shipping company said on Tuesday (Sep 23) that it…
Options include capital recycling via Reits, asset-backed securities and private credit funding Asia-Pacific (Apac) data centre operators will look beyond bank funding to recycle capital…
The South Korean jingle is well ahead of Luis Fonsi’s ‘Despacito’ on YouTube as kids worldwide keep watching the video endlessly, nearly a decade after it was released The entertainment…
The new, freehold facility is contracted to a leading global hyperscaler for 15 years The manager of Keppel DC Reit on Monday (Sep 22) announced that it had entered into an agreement to…
The Trump Administration wants to redistribute $2.4 billion it pulled from California's high-speed rail project as part of a new $5 billion program announced Monday to fund rail projects…
Amer Sports Inc. has high hopes for its Arc’teryx brand — and Wall Street approves of its star-power status. The parent of Arc’teryx, Salomon and Wilson Sports, among other brands, held…
Chipmaker Nvidia will invest up to $100 billion in OpenAI and provide it with data center chips, the companies said on Monday, a tie-up between two of the highest-profile leaders in the…
The partnership comes as competition intensifies among technology giants and startups to secure access to energy and chips needed for AI growth Chipmaker Nvidia plans to invest up to…
Investors are betting the recent flurry of talk by Chinese tech firms will translate into real products down the road FROM Huawei Technologies to Alibaba Group, China’s biggest tech firms…
Both its Hong Kong-listed shares and those traded on the SGX jump on Friday morning Shares of Chinese electric-vehicle (EV) maker Nio rose by more than 5 per cent on Friday (Sep 19)…
Shares of Chinese electric-vehicle (EV) maker Nio rose by 4.2 per cent on Friday (Sep 19) on the Singapore Exchange (SGX), after the company announced the completion of its US$1.2 billion…
Shares of AEM jumped as much as 19.1 per cent on Friday (Sep 19) following overnight news of Nvidia’s US$5 billion investment in chipmaker Intel, eventually closing 17.8 per cent up. The…
The Shenzhen-listed stock of the world’s biggest battery maker has surged nearly 75% since this year’s low in early April, adding US$110 billion to its market value Cheap is not an…
