Business
10 lessons from the James Webb telescope that could shape European tech
The scientific world is reeling. New discoveries from the James Webb Space Telescope — a joint project by the European Space Agency(ESA),…
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Business
Business
How to foster innovation at work
When Piyush Gupta took over as the CEO of DBS Bank in Singapore in 2009, he said DBS needed to think of itself not as a bank, but as a…
Business
Paytm shares surge after RBI grants payment aggregator license
Payment aggregators are platforms that provide diverse payments options to customers, including merchants Shares of One 97 Communications…
Business
Nomura sees Fed cutting rates by 25bps in September as inflation cools
RA now expects the US Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing softer core PCE inflation…
Business
Stoneweg Europe Stapled Trust DPS falls 7% to 0.06553 euro for H1
Stoneweg Europe Stapled Trust (Sert) on Wednesday (Aug 13) posted a distribution per stapled security (DPS) of 0.06553 euro for its first…
Business
Stoneweg Europe Stapled Trust DPS falls 7% to 0.06553 euro for H1 amid higher interest expenses
Stoneweg Europe Stapled Trust (Sert) on Wednesday (Aug 13) posted a distribution per stapled security (DPS) of 0.06553 euro for its first…
Business
Why China’s banks are hunting for fortunes stashed abroad
BEHIND the gates of an opulent mansion in Vancouver, San Francisco, or Sydney, a wealthy Chinese individual lives a life of quiet…
Business
Asia: Stocks to gain as US CPI fuels Fed cut bets
STOCKS in Asia were set to track Wall Street higher after an in-line US inflation reading bolstered speculation the Federal Reserve will…
Business
Suzuki’s India unit doubles down on SUVs as small cars slide
Maruti Suzuki India is set to expand its sports utility vehicle (SUV) portfolio with a second mid-sized model, sources familiar with the…
Business
Circle falls after company, holders offer 10 million shares
Shares of Circle Internet Group fell after the second-largest stablecoin issuer and a group of shareholders, including co-founder and…
Business
Shopee, Monee power Sea Q2 earnings; shares soar 18.9% on NYSE
Its counter is up 64.1% in the year to date and has quadrupled since its low of US$34.82 at the start of 2024 Sea Limited shares on the…
Business
Shopee, Monee power Sea’s value to over US$100 billion; DBS only other Singapore company in that league
Sea shares are up 64.1% in the year to date and have quadrupled since their low of US$34.82 at the start of 2024 Sea Ltd soared on the New…
Business
Japan starts anti-dumping probe into Chinese, South Korean steel goods
The decision follows an application in April by four firms, including Nippon Steel and Kobe Steel Japan will begin an anti-dumping probe…
Business
Pony AI nears full-year robotaxi target despite scaling hurdles
Robotaxi services revenue has climbed 158% to US$1.5 million in the second quarter from the same period in 2024 Pony AI said that it was…
Business
AI start-up Perplexity makes surprise $34.5bn bid for Google Chrome
Artificial intelligence (AI) start-up Perplexity has made a surprise $34.5bn (£25.6bn) takeover offer for Google's Chrome internet…
Business
Electric vehicle sales growth eases to 21% in July: research firm
GLOBAL electric vehicle sales grew 21 per cent year-on-year in July, the slowest rate since January and down from 25 per cent in June, as…
Business
Gold firms as soft US data pressures dollar, fuels rate-cut bets
Gold prices inched higher on Wednesday (Aug 13), supported by a weaker US dollar after tame US inflation data cemented bets for an…
Business
Japan’s bond market risks back in focus ahead of five-year sale
Japan will auction five-year government bonds on Wednesday (Aug 13) against the backdrop of renewed concerns over poor liquidity and…
Business
China’s US$11 trillion stock market is staging a quiet resurgence
Chinese stocks have gained ground in recent months despite a lack of major catalysts, with ample domestic liquidity likely to sustain the…
Business
Singtel Q1 profit soars 317.4% to S$2.9 billion on exceptional gains of S$2.2 billion
These came mainly from the sale of its partial stake in Airtel and the Intouch-Gulf Energy merger Singtel on Wednesday (Aug 13) posted a…
Business
Stocks to watch: Wilmar, CapitaLand Investment, City Developments, Yangzijiang Financial, Haw Par Corp
The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 13): Wilmar International: The…
Business
Trump's unusual deal with Nvidia and AMD sparks concerns, legal questions
President Trump struck an unusual deal with Nvidia and Advanced Micro Devices that allows the companies to sell certain chips to China in…
Business
Perplexity AI offers Google US$34.5 billion for Chrome browser
PERPLEXITY AI offered Google on Tuesday US$34.5 billion for its popular Chrome web browser, which the internet giant could potentially be…
Business
Do Kwon pleads guilty to fraud over US$40 billion Terra collapse
Terraform Labs co-founder Do Kwon pleaded guilty to charges in a US fraud prosecution tied to the US$40 billion collapse of the TerraUSD…