Uber boosts buybacks by US$20 billion after upbeat forecast
Uber Technologies announced US$20 billion in new stock buybacks after sharing a better-than-expected third-quarter forecast and quarterly results, suggesting that growth at its core…
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boosts
Japan's Nikkei ends at over 11-month high as US stocks rally boosts risk appetite
Japan’s Nikkei share average closed at a more than 11-month high on Monday (Jun 30) as investor risk appetite grew after a strong rally in US equities, driven by hopes for trade talks and…
Australia: Banks, miners lift stocks; Trump’s Iran-Israel truce announcement boosts sentiment
RALIAN shares rose on Tuesday, led by gains in banks and miners, as US President Donald Trump’s announcement of the Iran-Israel ceasefire lifted investor sentiment globally.…
Texas Boosts Film Incentive to $150 Million a Year in Bid to Lure Production From Regional Rivals
Texas is beefing up its incentive for film production, as the state seeks to compete with regional rivals like New Mexico and Georgia. Gov. Greg Abbott allowed a bill to become law on…
SunMoon Food CEO Zhang Ye boosts interests
Over the four trading sessions from Jun 13 to 18, institutions were net sellers of Singapore stocks, with net institutional outflow of S$42 million following the S$80 million net outflow…
Soaring demand for Nintendo Switch 2 boosts massive video game market
Benedict Corpuz has always been a “day one” type of person when it comes to fueling his video game habit. Beginning in his high school years, the 45-year-old flight attendant from Kent,…
CATL’s 1.8-billion euro German plant boosts China’s invest-abroad bet
[SINGAPORE/BERLIN] More than two years ago on the outskirts of a medieval German town, China’s biggest EV battery company placed a 1.8-billion euro (S$2.6 billion) bet on the future of…
CATL’s strong Hong Kong debut boosts outlook for Chinese companies’ fundraising
Shares in CATL closed 16 per cent higher on their Hong Kong debut on Tuesday (May 20) after the Chinese electric vehicle battery giant raised US$4.6 billion in the world’s largest listing…
Nippon Steel boosts investment pledge for proposed US Steel deal
Trump has ordered another CFIUS review of the national security implications of the combination of both companies Nippon Steel has bolstered its pledge to invest in United States…
Billionaire investor Ryan Cohen boosts stake in Alibaba to US$1 billion: WSJ
BILLIONAIRE investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba Group to roughly US$1 billion in recent months, The Wall Street Journal (WSJ) reported…
Huawei boosts smartwatch sales by registering them as medical devices
HUAWEI Technologies has found an unlikely way to boost sales of its latest smartwatches in the face of sluggish consumer spending in China: by registering them as medical devices. After…
JPMorgan boosts Jamie Dimon’s pay to US$39 million after record profit
JPMORGAN Chase lifted chief executive officer Jamie Dimon’s pay to US$39 million for 2024, a year in which the biggest US bank beat its own record for the highest annual profit in the…
Norway boosts Ukraine aid for 2025 to $3.2bn
Norway plans to increase its support to Ukraine for 2025 to at least 35 billion Norwegian kroner ($3.2 billion), the government announced after a parliamentary meeting on Thursday. Of this…
US: Wall St opens higher as Trump’s Treasury selection boosts sentiment
WALL Street’s main indexes opened higher on Monday (Nov 25), with the blue-chip Dow scaling a record high, driven by investor optimism following Scott Bessent’s nomination as Treasury…
Siemens Energy boosts mid-term targets on infrastructure boom
SIEMENS Energy raised its mid-term targets after demand for its grid technologies helped offset losses at its beleaguered wind-turbine division. Revenue is likely to grow at a high…
Volkswagen boosts bet on Rivian’s EV technology by US$800 Million
VOLKSWAGEN (VW) and Rivian Automotive named leaders for their multi-billion US dollar joint venture (JV) and showcased a prototype electric vehicle (EV), signalling their commitment even…
Shakeup of Indian airlines boosts competition, business seats
INDIA’S airlines are set for a landmark week, with two milestones days apart, that will redefine the competitive landscape in one of the world’s fastest-growing aviation markets. Vistara…
Tesla Boosts Wages at German Plant Amid Auto Industry Cutbacks
Tesla (TSLA, Financial) has announced a salary increase at its Grunheide facility in Germany, signaling a strong commitment to its workforce amidst industry-wide financial constraints.…
StanChart boosts return plan to US$8 billion as profit beats
STANDARD Chartered vowed to return at least US$8 billion to investors by 2026 as it reported better-than-estimated third-quarter earnings on its wealth business and markets trading. The…
China boosts funds for housing projects to support embattled sector
BEIJING (Reuters) -China will expand a "white list" of housing projects eligible for financing and increase bank lending for such developments to 4 trillion yuan ($562 billion), Minister…
Citadel boosts Asia fundamental equities headcount past 60
CITADEL’S US$64 billion hedge fund business has increased its Asia fundamental equities headcount to more than 60 people in just over three years, according to sources familiar with the…
Toyota boosts investment in air taxi maker Joby Aviation
TOYOTA Motor is boosting its investment in air taxi manufacturer Joby Aviation by US$500 million to support plans for commercial production, bringing its total investment in the company to…
Tesla sales perk up after China boosts electric vehicle subsidy
TESLA is expected to post its first quarterly sales increase this year after car buyers in China, the world’s largest electric vehicle (EV) market, seized on a sweetened government…
Euro nudges higher; China stimulus boosts Aussie and kiwi
THE euro strengthened on Monday (Sep 30) after German inflation data, while commodity currencies rose on hopes for a turnaround in China’s economy and the Japanese yen steadied as traders…