Business
Trump’s pressure on Fed independence holds global risk, ECB’s Rehn says
President Donald Trump’s escalating attacks on the US Federal Reserve could have substantial and global knock-on effects on the financial…
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Business
Business
Temasek shakes up leadership as it prepares for renewal
Temasek Holdings will divide its operations into three entities, in one of the biggest overhauls in its 51-year history, as it prepares…
Business
In Finland, this giant battery is helping heat apartments and offices—using sand
A small town in Finland is experimenting with a new type of infrastructure: the world’s largest sand battery. The battery—a 42-foot-tall,…
Business
Venice Market Kicks Off With Robust Numbers, an Added Day, and Stronger Latin American and Middle East Presence
Just as George Clooney and Adam Sandler hit the Lido for Noah Baumbach’s “Jay Kelly,” the Venice Production Bridge is kicking off with…
Business
Malaysia says China ready to provide assistance in rare earths processing
China is prepared to provide Malaysia technical and technological assistance in rare earths processing, though it has asked for any…
Business
Buffett’s Berkshire lifts stakes in Japan trading houses, buoys shares
Warren Buffett’s Berkshire Hathaway has raised its stakes in Mitsubishi and Mitsui & Co, according to the Japanese trading houses,…
Business
GLP secures up to US$1.5 billion investment from Adia unit
Global logistics builder and investor GLP has secured up to US$1.5 billion of investment from a wholly-owned subsidiary of the Abu Dhabi…
Business
SingPost past and present: How a 200-year old monopoly got disrupted
Some have quipped that the postal service is the original social media. It facilitated widespread communication and connection over…
Business
Nvidia CEO Jensen Huang says AI boom far from over
Nvidia CEO Jensen Huang on Wednesday (Aug 27) dismissed concern about an end to a spending boom on artificial intelligence chips and said…
Business
FBI investigates Minneapolis school shooting as anti-Catholic hate crime
Watch: How the Catholic school shooting unfolded in Minneapolis A shooting at a school in Minneapolis that left two children dead and 17…
Business
Geo Energy to acquire 51% stake in two Indonesian shipping companies for US$127.5 million
Indonesian coal producer Geo Energy is proposing to acquire 51 per cent stakes in two Indonesian shipping companies for a US$127.5 million…
Business
AI boom boosts Nvidia despite 'geopolitical issues'
Computer-chip designer Nvidia has been boosted by big tech firms keen to expand their AI capabilities, despite dealing with US and China…
Business
Europe car sales gain most in 15 months as consumers warm to EVs
Europe’s new-car market rose the most in 15 months in July, as consumers shrugged off concerns over the global economy to splash out on…
Business
Hong Kong’s gold trading ambitions tested by talent shortage
Bank of China (Hong Kong) posted a job ad early this year for a precious metals trader fluent in English and Mandarin with at least five…
Business
EXCLUSIVE: Victoria Beckham Beauty, Augustinus Bader Dive Deeper Into Complexion With Foundation Launch
Victoria Beckham is putting her best face forward, in more ways than one. On the heels of releasing the joint financial results of her…
Business
Chery is said to near Hong Kong listing as billion-dollar IPOs return to city
Chery Automobile is planning a Hong Kong initial public offering (IPO) that may raise about US$1.5 billion as early as next month,…
Business
Asia: Markets mixed after Nvidia earnings
N markets were mixed on Thursday after AI powerhouse Nvidia’s quarterly earnings beat expectations but its shares slipped over worries…
Business
EXCLUSIVE: Laser Facial Company Skin Laundry Is in Rebrand Mode, With a Fresh Aesthetic and New Treatments
Skin Laundry is entering a new era. The company, best known for its laser facials, is undergoing a brand refresh, complete with a new…
Business
ANZ bankers learn about job losses after e-mail error: report
The Melbourne-based bank is in the midst of a major restructure under new chief executive officer Nuno Matos Some ANZ Group Holdings…
Business
Temasek unit, Nexus ink deal to acquire stakes in Post Advisory
Post Advisory Group has reached a deal with Nexus Capital Management and a Temasek Holdings subsidiary that will reshape the ownership…
Business
Thai Airways may halt flight expansion plans on aircraft shortages
Thai Airways International may delay its flight and route expansion plans because the nation’s flag carrier has been unable to acquire…
Business
Gold holds ground as investors await US data for more Fed cues
Gold prices remained stable on Thursday (Aug 28), as market participants awaited US economic data due this week that could help shed…
Business
South Korea keeps rates unchanged as debt risks grow
South Korea’s central bank held policy interest rates steady for a second straight review on Thursday, amid concerns about financial…
Business
Bank of Korea holds for now, lays ground for rate cut after Fed
The Bank of Korea (BOK) paved the way for a possible interest rate cut after an expected move by the Federal Reserve next month, while…