Hedge funds shift bets to double down on Big Tech amid AI boom
Wall Street’s largest hedge funds, Bridgewater Associates, Tiger Global Management and Discovery Capital, increased their exposure to Big Tech in the second quarter amid a generational…
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Thailand’s Delta sees AI boom boosting sales for coming years
Delta Electronics (Thailand), the country’s most valuable publicly traded company, is predicting “double-digit” sales growth to continue for at least the next couple of years on rising…
Private credit fuels a ‘buy now, pay later’ lending boom in Asia
Maria Hazel Regalado, a 48-year-old mother of four in the Philippines, needed a computer last year so she could work from home. Regalado, who helps manage rental properties in Australia,…
Korean Dramas Drive Southeast Asia Streaming Boom as Netflix Holds Lead With 12.8 Million Subscribers, Report Finds
Southeast Asia’s premium video-on-demand landscape is heating up, with the region adding more than 1.5 million net new subscribers in Q2 2025 — nearly doubling Q1 growth — according to new…
Nomura profit exceeds estimates on stock trading boom
Nomura Holdings’ profit beat expectations last quarter, as the Japanese firm joined the equity trading boom that fuelled earnings for Wall Street banks. Net income rose 52 per cent from a…
Ultra-rare metal rides AI boom as commodities star performer
Thanks to the boom in artificial intelligence (AI), an ultra-rare element you have probably never heard of is one of this year’s best-performing raw materials. Ruthenium, a silvery grey…
Ultra-rare metal rides AI boom as star performer among commodities
Thanks to the boom in artificial intelligence (AI), an ultra-rare element that you’ve probably never heard of is one of this year’s best-performing raw materials. Ruthenium, a silvery grey…
India’s private market boom set to continue, as investors keep shunning China
A surge in the value of private equity (PE) deals signed in India in the first half of this year, coupled with the inking of the country’s biggest private credit transaction, are adding…
No let-up in India’s private market boom as investors continue to shun China
A surge in the value of private equity (PE) deals signed in India in the first half of this year, coupled with the inking of the country’s biggest private credit transaction, are adding…
Trump unveils US$92 billion worth of investments to power AI boom
US President Donald Trump went to Pennsylvania on Tuesday to announce US$92 billion in energy and infrastructure deals intended to meet big tech’s soaring demand for electricity to fuel…
The CEO of Ciena on how AI is fueling a global subsea cable boom
Under the ocean’s surface lies the true backbone of the internet: an estimated 870,000 miles of submarine cables that ferry over 95% of global intercontinental data traffic across every…
TSMC revenue climbs 39% in latest sign of AI spending boom
For 2025, investors remain wary about the impact of tariffs on the global economy and the electronics sector Taiwan Semiconductor Manufacturing Company’s (TSMC) revenue rose a…
BNP bets Hong Kong’s IPO boom will add to wealth momentum
BNP Paribas said Hong Kong’s boom in initial public offerings (IPOs) is adding further momentum to its Asia wealth business after a 20 per cent rise in revenue in the first half of the…
Singaporeans fuel Quayside JBCC sell-out amid Johor’s RTS boom
Singaporean buyers have taken up the lion’s share of all 482 serviced apartments at Quayside JBCC – a new mixed-use project in Johor Bahru – as cross-border demand rises ahead of the 2026…
Singaporeans big buyers of Quayside JBCC amid Johor’s RTS boom
Singaporean buyers have taken up the lion’s share of all 482 serviced apartments at Quayside JBCC – a new mixed-use project in Johor Bahru – as cross-border demand rises ahead of the 2026…
Asian banks fuel more than US$2 billion loan boom in Middle East
Middle East borrowers are ramping up loans that are being syndicated in the Asia-Pacific as they look to diversify fundraising beyond global bond and domestic markets. More than US$2…
Hong Kong’s sixfold jump in share sales drives boom year in Asia
Hong Kong’s having a banner year as it marches towards becoming the second-largest market globally for share sales for the first time since 2012. Proceeds from listings and additional…
The AI baby boom is here. But can ChatGPT really raise a child?
Sam Altman is “extremely kid-pilled.” The OpenAI CEO announced the birth of his son in February. Since then, Altman has employed his own product, ChatGPT, to answer parenting questions.…
How ‘The Gilded Age’ Shot in Newport’s Historic Mansions, and Brought a Tourism Boom to the Wealthy Rhode Island Enclave
“Stand back, I’m about to act,” Ashlie Atkinson, who plays gossipy Mrs. Fish on HBO’s “The Gilded Age,” jokes as she prepares for another take of a luncheon scene that finds her giving…
Apac data centre boom straining power grids; reliability key to site selection: report
Surging demand in the Asia-Pacific (Apac) for data centres and other energy-intensive sectors is starting to weigh on power systems across the region, affecting grid reliability and…
China’s copper boom under threat as miners test bargaining power
The unrelenting expansion of Chinese copper processing capacity over the past few years has now become a global headache, as smelters scramble to secure the ore they need to produce the…
The Download: China’s AI agent boom, and GPS alternatives
Last year, China saw a boom in foundation models, the do-everything large language models that underpin the AI revolution. This year, the focus has shifted to AI agents—systems that are…
Nasdaq CEO says IPO demand boosted despite tariff worries, banks on Texas boom
Exchange operator Nasdaq is holding active talks with companies considering stock market debuts, CEO Adena Friedman said on Thursday, underscoring the US economy’s resilience despite…
Manus has kick-started an AI agent boom in China
In the case of Manus, the competition is moving fast. Two of the most buzzy follow‑ups, Genspark and Flowith, for example, are already boasting benchmark scores that match or edge past…