Business
AEM soars 17.8% on the back of Nvidia’s US$5 billion Intel investment
Shares of AEM jumped as much as 19.1 per cent on Friday (Sep 19) following overnight news of Nvidia’s US$5 billion investment in chipmaker…
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Business
Business
CATL’s stock touted as cheap even after a US$110 billion rally
The Shenzhen-listed stock of the world’s biggest battery maker has surged nearly 75% since this year’s low in early April, adding US$110…
Business
LTA, SMRT, SBS Transit establish task force to address MRT service disruptions
The Land Transport Authority (LTA), SMRT and SBS Transit (SBST) on Friday (Sep 19) jointly announced the establishment of a Rail…
Business
Gold steady as investors await more Fed cues
Gold prices were little changed on Friday (Sep 19) as investors awaited further signals on the US interest rate path after the US Federal…
Business
Taiwan beating South Korea in key wealth gauge, with lots of TSMC help
The rapid appreciation of the Taiwanese currency this year is another factor that helps explain why the island’s GDP per capita has caught…
Business
TSMC’s rise to push Taiwan past South Korea in key wealth gauge
The rapid appreciation of the Taiwanese currency this year is another factor that helps explain why the island’s GDP per capita has caught…
Business
AvePoint rises 1% over offer price at SGX mainboard trading debut
The counter ends its first day on the bourse at S$19.70, with 760,400 shares changing hands AvePoint’s shares rose as much as 4.6 per cent…
Business
SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo say
The cuts mark the third round of layoffs at the Japanese investment conglomerate’s flagship fund since 2022 SoftBank Group will lay off…
Business
Apple’s higher prices give iPhone doubters reason for optimism
Apple’s latest iPhones did not dazzle with new features, but investors are starting to look past that, seeing higher price tags on the…
Business
Stocks to watch: ComfortDelGro, Hongkong Land, Boustead Singapore, Rex International
The following companies saw new developments that may affect trading of their securities on Friday (Sep 19): ComfortDelGro: The transport…
Business
Doctor sexual misconduct hearings too lenient, says UK review
Nat WrightHealth Producer Sanctions for doctors guilty of sexual misconduct in the UK are too lenient in around a quarter of cases, a…
Business
Bank of Japan to keep interest rates steady as tariff, US slowdown risks loom
The Bank of Japan is expected to keep interest rates steady on Friday, as policymakers seek more clarity on whether the economy can…
Business
The rise of intelligent ecosystems in real estate finance
If you’ve ever used an iPhone, you know the magic of an ecosystem. Your phone unlocks your Mac, syncs your photos, connects to your…
Business
I’m a climate scientist—extreme heat is ruining my family vacations
As a climate scientist and CEO of a climate technology company, I should be great at choosing vacation destinations with perfect weather.…
Business
Spectacular autumn leaves expected after warm UK summer
With the nights drawing in along with wetter, windier and cooler weather recently, you may have noticed it's starting to feel like autumn.…
Business
Nvidia spent over US$900 million to hire Enfabrica CEO, license technology, CNBC reports
NVIDIA has spent over US$900 million to hire Enfabrica CEO Rochan Sankar and other staff at the artificial intelligence hardware startup…
Business
South Korea central bank to expand forward guidance on policy rate path
The Bank of Korea (BOK) plans to expand its forward guidance scheme by offering a dot plot of the likely path of future interest rates to…
Business
Zijin Gold seeks HK$25 billion in world’s biggest IPO since May
The gold producer is coming to market at a time prices of the precious metal extend their rise, it broke another record this week Zijin…
Business
FedEx sees sales growth in sign of parcel demand rebound
The company expects revenue to grow by as much as 6% this year compared with a 1.2% average gain forecast by analysts FedEx reinstated its…
Business
Oil prices settle lower, US economic concerns outweigh Fed rate cut
Oil prices eased on Thursday, settling lower as traders remained worried about the US economic outlook a day after the US Federal Reserve…
Business
Europe: Chip-led technology rally drive Stoxx 600 higher after Fed rate cut
EUROPEAN shares ended on Thursday on a strong note in a chipmaker-driven rally, further powered by the resumption of the US Federal…
Business
This is not your grandmother’s AARP
AARP may not be quite ready for the HBO Max rebranding treatment, but the association is looking for new ways to be a resource earlier in…
Business
US: Stocks end at record highs after Fed rate cut, Nvidia-Intel deal
US EQUITY indices finished at fresh records on Thursday following the Federal Reserve’s first interest rate cut of 2025 while Intel surged…
Business
Navigating the Luxury Market, BCG Execs Offer Advice
“Building a drum beat. It’s the perfect moment now.” That’s Geoffroy van Raemdonck, the former chief executive officer of the Neiman…