Business
Asia’s real-time payments surge, but gaps persist: StanChart
One common challenge is reconciling payment data, where mandatory fields needed in one country’s transactions differ from those in another…
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Business
Business
Disruption at Stansted Airport with cancelled trains and fire
All trains into London Stansted Airport have been cancelled or disrupted on Wednesday morning due to signalling issues, National Rail has…
Business
Alibaba launches Qwen3-Max AI model with more than one trillion parameters
The company has announced plans to invest 380 billion yuan in artificial intelligence-related infrastructure over the next three years…
Business
Alibaba to open new data centres; unveils most powerful AI model
The expansion comes as the company positions AI, which includes cloud, as a core business priority alongside its traditional e-commerce…
Business
Startup wisdom: 5 prompt engineering tips for vibe coding success
Startup wisdom is a new TNW series offering practical lessons from experts who’ve helped build great companies. This week, Dainius…
Business
Australian central bank blasts ASX for trading settlement failures
The Australian Securities Exchange must make “foundational changes” to its governance, culture and risk management after last year’s…
Business
Stone Island Unveils New York Flagship, Highlights Innovative Materials and Community Engagement
MILAN — Ten years after arriving in SoHo, Stone Island is relocating its New York flagship and continuing the global rollout of the…
Business
China’s Comac said to slash delivery targets for its C919 jet
The Chinese aircraft maker is seeing bottlenecks in virtually all key parts of its supply chain, hampering its ability to produce jets at…
Business
Asia: Markets waver after Wall Street retreats from record
EQUITIES wavered on Wednesday following a down day on Wall Street, where worries about high valuations were compounded by mixed messaging…
Business
US hedge fund Verdad plans to launch new Japan small-cap fund
A gauge of smaller stocks has outperformed the broader Topix this year with a gain of 19%, compared to 14% for the index Boston-based…
Business
Zijin Gold delays US$3.2 billion IPO as typhoon pummels Hong Kong
Zijin Gold International delayed its US$3.2 billion listing after Super Typhoon Ragasa slammed Hong Kong, bringing the city to a…
Business
Cathie Wood buys Alibaba after four years in China comeback
Cathie Wood’s funds reopened positions in Alibaba Group Holding for the first time in four years, just as the stock rallied to a multiyear…
Business
In just one year, Google turns AI setbacks into dominance
CAUGHT off guard by ChatGPT and mocked for early blunders with its own generative artificial intelligence efforts, Google has pulled off a…
Business
China’s new market tool steers clean energy to where it’s needed
Wind developers will also get about 40% more for their electricity than their solar rivals Two of China’s industrial powerhouses are…
Business
Claudia Cardinale: Italian actress and star of The Pink Panther dies aged 87
Harry Sekulich and Clizia Sala Claudia Cardinale, the Tunisian-born Italian star of The Leopard, 8 1/2 and Pink Panther, has died at the…
Business
Gold steady near record high as markets assess Powell’s comment
The US weekly initial jobless claims report is due on Thursday, followed by the Personal Consumption Expenditures index, the Fed’s…
Business
New Zealand appoints Anna Breman as central bank governor
New Zealand Finance Minister Nicola Willis on Wednesday announced that Anna Breman has been appointed as the country’s new central bank…
Business
Food Empire raises S$42.8 million from placement of 17 million treasury shares
The placement is expected to broaden the company’s investor base and position it for future growth opportunities Food Empire raised around…
Business
Leeds NHS trust forced to repay £5m over maternity failings
An NHS trust at the centre of concerns over its poor maternity services has had to repay almost £5m after wrongly claiming it provided…
Business
Stocks to watch: Seatrium, Food Empire, Frasers Property, Frasers Centrepoint Trust
The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 24): Seatrium: The offshore,…
Business
Stocks to watch: Seatrium, Food Empire, Frasers Property, Frasers Centrepoint Trust, Keppel
The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 24): Seatrium: The offshore,…
Business
Seatrium divests AmFELS shipyard in Texas for S$65 million
The group will transition its strategic presence in the US post-sale to focus on engineering innovation and technology capabilities…
Business
KKR, Blackstone make US$17 billion natural gas bet after AI boost
Private credit lenders have been increasingly focused on investment-grade companies and large public firms for financing opportunities as…