Business
Cathay Pacific warns of declining fares and cargo uncertainty, shares fall
Cathay Pacific Airways warned on Wednesday (Aug 6) of declining airfares, challenges at its budget carrier and uncertain cargo market…
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Business
EXCLUSIVE: Midi Health Is Expanding Beyond Its Medical Offering With Supplements for Midlife Support
Midi Health is entering the supplement market. The women’s health platform focused on midlife on Wednesday launched its supplement line,…
Business
Asia: Investors walk fine line as Trump tariffs temper rate hopes
Asian investors trod warily on Wednesday amid lingering uncertainty over Donald Trump’s trade war, while another round of data indicated…
Business
Top Singapore hedge fund Dymon Asia Capital ramps up Asia hires as regional funds find favour
US hedge fund giant Citadel and Singapore’s Dymon Asia Capital are adding talent in Asia, as they look to expand business in the region.…
Business
Nvidia reiterates its chips have no backdoors, urges US against location verification
Nvidia has published a blog post reiterating that its chips did not have backdoors or kill switches and appealed to US policymakers to…
Business
Wee Hur jumps 6.5% to record high as Australia raises cap on foreign students
Shares of student accommodation operator Wee Hur hit an all-time high on Wednesday (Aug 6), following news that Australia will lift its…
Business
Seven & i details store opening targets for standalone plan
Seven & i Holdings said that it will open 1,300 new international stores, mainly in the US, in an update to its mid-term plan after…
Business
AMD’s China concerns overshadow upbeat sales forecast for AI
Advanced Micro Devices (AMD), the second-largest maker of artificial intelligence (AI) processors, said that the chipmaker’s return to the…
Business
RFK Jr cancels $500m in mRNA vaccine development in the US
The US Department of Health and Human Services (HHS) plans to cancel $500m (£376m) in funding for mRNA vaccines being developed to counter…
Business
Indonesian stocks near record high, unfazed by foreign selling
Indonesian stocks are closing in on an all-time high as booming domestic demand offsets a deluge of foreign outflows. Foreign investors…
Business
These 5 SGX listcos made it to Forbes Asia’s ‘Best Under A Billion’ list
Forbes Asia announced its 2025 “Best Under A Billion” list on Tuesday (Aug 5), which comprises 200 top-performing small and mid-cap firms…
Business
CapitaLand Integrated Commercial Trust raising S$600 million in private placement
CapitaLand Integrated Commercial Trust (CICT) on Wednesday (Aug 6) announced the launch of nearly 284.4 million new units to raise gross…
Business
Australia: Miners, banks propel shares to record high; RBA outlook in focus
AUSTRALIAN shares rose to a record peak on Wednesday, supported by strong performances among miners and banks, while investors almost…
Business
Gold extends gains on rate cut hopes, markets eye Fed appointments
Gold prices extended gains for a fifth straight session on Wednesday (Aug 6), helped by prospects of lower US interest rates, while…
Business
Want to be a CEO? Act like a founder
It’s no secret that the most exciting companies are often run by their founders. What’s less obvious is that the rare opportunities to…
Business
6 new T.J. Maxx stores are coming this month: List of locations and opening dates
TJX Companies has announced the grand opening of six new T.J. Maxx stores later this month. The off-price retailer, which carries major…
Business
Great Barrier Reef suffers worst coral decline on record
Parts of the Great Barrier Reef have suffered the largest annual decline in coral cover since records began nearly 40 years ago, according…
Business
New U.S. Coast Guard report says the Titan sub’s implosion was preventable
The Titan submersible was crushed by intense water pressure beneath the North Atlantic Ocean in the summer of 2023. A catastrophic…
Business
Ofwat chief executive to resign at end of month
The chief executive of Ofwat will stand down at the end of the month, the regulator has confirmed. Oftwat, which regulates the water…
Business
Palantir hits $1 billion in quarterly sales for the first time, avoids DOGE cuts
Shares of Palantir Technologies sailed past previous record highs Tuesday after booking its first $1 billion sales quarter and raising its…
Business
OpenAI has finally released open-weight language models
“The vast majority of our customers are already using a lot of open models,” said Casey Dvorak, a research program manager at OpenAI, in a…
Business
Genevieve Chenneour: Bridgerton actress speaks of phone theft trauma
Jessica Ure BBC London investigations Watch Bridgerton actress tackle phone thief Bridgerton actress Genevieve Chenneour has spoken of how…
Business
EuroSports Global executive chairman and CEO Melvin Goh not stepping down despite being charged
Board decides he is suitable to continue his current roles after nominating committee re-assesses the matter Catalist-listed luxury…
Business
Is retirement approaching? Use these expert tips to build up your cash cushion
While most retirement portfolios include allocations to stocks and bonds in the years leading up to retirement, most retirement savers…