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The major central banks in the region have added more than US$400 billion to their reserves this year Asia’s foreign-exchange (FX) reserves have surged to almost US$8 trillion, providing…
President Trump on Tuesday defended Saudi Crown Prince Mohammed bin Salman over the 2018 killing of dissident journalist Jamal Khashoggi and praised the Saudis for increasing their…
On July 29, 2025, at 9:45 a.m., Christine Ressy was supposed to be undergoing surgery to remove kidney stones. Instead, Ressy, a 49-year-old hairdresser in New York City, found herself…
Yesterday, Tesla, Inc. (Nasdaq: TSLA) shareholders overwhelmingly approved the controversial and historic pay package deal for the electric vehicle maker’s CEO, Elon Musk. That package is…
On Thursday, Tesla shareholders approved an unprecedented $1 trillion pay package for CEO Elon Musk. The full compensation plan will go into effect by 2035—assuming Musk and the company…
Despite widespread economic concern, the National Retail Federation’s holiday forecast is bright. The retail trade organization said Thursday that retail sales will surpass $1 trillion for…
Norway’s sovereign wealth fund, one of Tesla’s biggest investors, said Tuesday that it will vote against a proposed compensation package that could pay CEO Elon Musk as much as $1 trillion…
Tesla shareholders have just days left to vote on whether to approve a staggering pay package for chief executive Elon Musk that could award him nearly $1 trillion in shares. Musk could…
Investors in the electric-vehicle maker will decide on Nov 6 whether to approve the package Norway’s sovereign wealth fund, the world’s largest, said on Tuesday (Nov 4) it would vote…
South Korea’s Samsung SDI said on Tuesday it is in talks to supply energy storage batteries to Tesla, in an order that Korean media said could be worth more than 3 trillion won (S$2.8…
Revenue is up 7.4% at US$19.1 billion; all sectors enjoy stronger operational results Singapore-based agribusiness group Wilmar International posted a net loss of US$347.7 million for the…
Wall Street opened just short of fresh records on Wednesday (Oct 29) as Nvidia hits a US$5 trillion valuation, while investors awaited an expected Federal Reserve rate cut and a wave of…
Today, Nvidia Corporation (Nasdaq: NVDA) became the first company to cross the $5 trillion valuation—in premarket trading, at least. It marks a major milestone in stock market history and…
The milestone underscores the company’s transformation from a niche graphics-chip designer into the backbone of the global AI industry Nvidia made history on Wednesday (Oct 29) as the…
Apple topped US$4 trillion in market value for the first time on Tuesday (Oct 28), the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed…
The drop comes as the Treasury has ramped up debt issuance to rebuild its cash balance following the increase in the debt ceiling in July The US banking system’s reserves, a key factor in…
In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed $38 trillion Wednesday, a record number that highlights the accelerating accumulation of…
[AUSTIN, Texas] Elon Musk, the world’s richest person, spent the end of Tesla’s earnings call pleading with investors to ratify his upcoming US$1 trillion pay package and blasting the…
Rainmakers at the top investment banks say they expect the flurry of takeovers to continue Deep-pocketed sovereign wealth funds are helping drive a resurgence in dealmaking that’s taken…
But the company is battling deep-pocketed global challengers, including TikTok Shop and Lazada SEA founder Forrest Li told employees that a trillion-dollar market capitalisation – an…
INDONESIA is losing about 40 trillion rupiah (S$3.1 billion) annually to illegal tin mining and smuggling, said President Prabowo Subianto on Monday (Oct 20). The Indonesian leader ordered…
The company has secured supply deals with other major customers and expectations have risen that the company will be able to supply its latest high-bandwidth memory products to Nvidia The…
Stablecoin issuer Paxos said that it mistakenly minted US$300 trillion of PayPal Holdings’ PYUSD stablecoin on Wednesday (Oct 15) before burning the tokens minutes later. The transactions…
The campaign boosts capital, resources and personnel that the largest US lender commits across sectors JPMorgan Chase vowed to funnel US$1.5 trillion into industries that bolster US…
