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The newly-formed company, Novatech Research and Development, will be carved out from VinFast Trading and Production (VFTP) and will initially remain a direct subsidiary of VinFast …
The solution here is politically difficult, but it is not complicated. Source link
The U.S. national debt has exceeded $37 trillion, raising fears that the country's sea of red ink is rising faster than expected. Source link
Chinese stocks have gained ground in recent months despite a lack of major catalysts, with ample domestic liquidity likely to sustain the rally. Mainland households, flushed with…
Norway’s sovereign wealth fund returned 5.7 per cent and slightly missed its target in the first six months of 2025. The US$1.9 trillion fund’s return was led by equities, which rose by…
Toyota Motor lowered its annual guidance as it warned of a 1.4 trillion yen (S$12 billion) hit to its bottomline from US tariffs that have rattled the global automotive industry. The…
Microsoft is set to soar past US$4 trillion in market valuation for the first time on Thursday (Jul 31), as a blockbuster earnings report helps the tech behemoth become the second company…
China’s launch of a 1.2 trillion yuan (S$218.5 billion) mega-dam project in Tibet has energised metal markets, though analysts warn its protracted timeline and China’s construction…
China’s launch of a 1.2 trillion yuan (S$218.5 billion) mega-dam project in Tibet has energised metal markets, though analysts warn that its long timeline and China’s construction downturn…
Canada’s Alimentation Couche-Tard has abandoned its 6.8 trillion yen (S$59 billion) bid to buy Seven & i Holdings, saying the Japanese operator of 7-Eleven convenience stores had…
Canada’s Alimentation Couche-Tard has abandoned its 6.8 trillion yen (S$59 billion) bid to buy Seven & i Holdings, saying the Japanese operator of 7-Eleven convenience stores had refused…
Total assets under management (AUM) in Singapore rose 12.2 per cent to hit S$6.07 trillion as at Dec 31, 2024, surpassing the S$6 trillion mark for the first time. In 2024, the financial…
Chinese corporates and households boosted their foreign-currency deposits last month to the highest in three years, as they shunned the renminbi on bets domestic interest rates will remain…
The impact of the US president's tariff threats was evident in the US markets. Wall Street slid on Friday, led by a decline in Meta Platforms, after Donald Trump announced that the U.S.…
Indonesia has detained an employee of Trafigura Group along with seven other suspects in a case involving oil procurement by state-owned Pertamina, widening one of the nation’s largest…
China should add as much as 1.5 trillion yuan (S$268 billion) in fresh stimulus to boost consumer spending and maintain currency flexibility to counter US tariffs’ drag on growth,…
Yesterday, Nvidia Corporation (Nasdaq: NVDA) became the first company to surpass a $4 trillion market capitalization. The AI chip giant did so on the strength of its position in the…
Nvidia became the first company to touch US$4 trillion in market value on Wednesday, a new milestone in Wall Street’s bet that artificial intelligence will transform the economy. Shortly…
On Wednesday, AI chip designer Nvidia Corporation made Wall Street history as the first company to hit a $4 trillion market capitalization milestone, beating out tech giants like Microsoft…
On Wednesday, AI chip designer Nvidia Corporation made Wall Street history as the first company to hit a $4 trillion market capitalization milestone, beating out tech giants like Microsoft…
The company plans to use the proceeds from its share sale to develop and expand its main infrastructure businesses by acquiring ships and funding ports and warehouse operations …
China is considering doubling an investment channel local investors use to buy bonds overseas, according to sources familiar with the matter, a major step in its efforts to loosen…
Elon Musk used Independence Day to reignite political tensions, taking aim at the U.S. government's fiscal policies and the dominance of its two-party structure. Posting on X, the tech…
The changes made to President Donald Trump's big tax bill in the Senate would pile trillions onto the nation's debt load while resulting in even steeper losses in health care coverage, the…
