Business
Sim Leisure to receive compensation after settling theme park dispute with Bandar Malaysia
The theme park operator expects the compensation sum to have a material positive impact on its earnings for the current financial year…
Section
Business
Business
US: Wall St opens slightly higher in run-up to employment revision figures
Wall Street indexes opened slightly higher on Tuesday (Sep 9), a day after closing near record peaks, as investors remained cautious ahead…
Business
Microsoft signs AI infrastructure deal with Nebius Group in a deal worth $17.4 billion
Nebius Group said on Monday it will provide Microsoft with GPU infrastructure capacity, in a deal worth $17.4 billion, over a five-year…
Business
Anglo American agrees to buy Teck in deal reshaping mining
Anglo American has agreed to acquire Canada’s Teck Resources, creating a more than US$50 billion company in one of the biggest mining…
Business
How AI is rewriting the playbook for investing
Founders’ takes is a new series featuring expert insights from tech leaders transforming industries with artificial intelligence. In this…
Business
England v South Africa: Sam Curran returns for first T20 at Cardiff
England were flat in the first two ODIs - particularly the opening thrashing at Headingley, when they were bowled out for 131 - but…
Business
The Download: meet our AI innovators, and what happens when therapists use AI covertly
In Silicon Valley’s imagined future, AI models are so empathetic that we’ll use them as therapists. They’ll provide mental-health care for…
Business
ASML invests 1.3 billion euros on Europe’s AI champion Mistral
The deal provides Mistral with a major injection and makes it one of Europe’s most valuable private companies ASML Holding is investing…
Business
EXCLUSIVE: Ashley Graham, Emma Chamberlain and Ilana Glazer Star in Stuart Weitzman’s Fall Campaign
Stuart Weitzman is celebrating New York City and the women who thrive in its chaos and calm in its new fall 2025 campaign. The luxury…
Business
How does Tesla get to US$8.5 trillion value? Robots, robotaxis and hope
How can Tesla become an US$8.5 trillion company? That is the market valuation the electric vehicle maker would have to reach to justify…
Business
CIMB Singapore CEO Victor Lee resigns; CFO to take charge in interim
Victor Lee has resigned from his roles as chief executive officer of CIMB Singapore and chief executive of growth markets, parent company…
Business
CIMB Singapore CEO Victor Lee resigns; placed on gardening leave with immediate effect
The bank says it will announce its successors in due course; CFO to take charge in interim Victor Lee has resigned from his roles as chief…
Business
Alibaba dumps 151.3 million SingPost shares, slashing its stake to below 5%
This means the Chinese e-commerce giant is no longer a substantial shareholder of the national postal service provider Alibaba Investment,…
Business
Transcript: Trump’s Firing of Lisa Cook Backfires as Brutal Poll Hits
Ford: I would expect it in the sense of the Fed, but with a caveat. I am heartened that a large majority of Americans feel that way. But I…
Business
BBC, ITV, BT and IMG Hit With $5.7 Million in Fines for Freelancer Pay Rate Collusion
Five of Britain’s biggest sports broadcasting and production companies have been sanctioned by the U.K. Competition and Markets Authority…
Business
HRnetGroup targets Vietnam’s booming tech sector with new subsidiary
It notes interest in hiring of IT engineers, data scientists and product teams by companies in finance and banking, media and platforms,…
Business
Cambodia opens US$2b Chinese-built airport
Techo airport will be able to handle up to 13 million passengers a year, and aims to reach 50 million by 2050 A US$2 billion Chinese-built…
Business
Singapore stocks end lower amid mixed regional trading; STI down 0.3%
Across the broader market, losers beat gainers 291 to 275, as 1.6 billion securities worth S$1.4 billion change hands Local shares ended…
Business
China property stocks jump on policy, lending boost
Top gainers included Country Garden and Shimao Group Holdings, whose shares rose more than 30% Chinese property shares surged in Hong…
Business
Is Europe ready for self-driving cars?
In a recent interview with TNW, Jelle Prins, the mind behind Uber’s first app, shared his vision of a world transformed by autonomous…
Business
Dutch government plans to cut ABN Amro stake to about 20%
The Dutch government is embarking on another reduction in its stake in ABN Amro Bank as it continues to gradually pare its holdings in the…
Business
BOJ likely to trim super-long bond buying in Q4
The Bank of Japan is likely to slightly reduce its purchases of super-long government bonds in the fourth quarter despite recent rises in…
Business
Novartis to buy US biotech Tourmaline Bio for US$1.4 billion
Novartis agreed to buy Tourmaline Bio in a deal valued at about US$1.4 billion as the Swiss drugmaker continues to pursue bolt-on deals to…
Business
Singapore must tap technology to ‘leapfrog’ regional peers in equity markets: Piyush Gupta
AI could be used in compliance and oversight, such as in distributed ledger technology which can reduce the cost of listings by automating…