Business
PayPal to create global digital wallet platform with Tenpay, UPI
The company also plans to add artificial intelligence and stablecoin use cases to the digital wallet platform at some point PayPal…
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Business
Business
Starbucks opens free study rooms in China to lure back customers
Starbucks has launched free “study rooms” in some of its China outlets, the company’s latest initiative to help boost consumer traffic as…
Business
Indonesian oil giant Chandra Asri buys 11.9% stake in Hiap Seng Industries; shares up 58.3%
Future partnerships between both companies could be on the horizon, says Hiap Seng Industries Indonesian petrochemical producer Chandra…
Business
Hiap Seng shares soar 75% after Indonesian oil giant Chandra Asri buys 11.9% stake
Shares end Wednesday at multi-year high of S$0.021; future partnership between both companies could be on the horizon, says Hiap Seng CEO…
Business
Morgan Stanley faces Finra probe on client-vetting: report
The firm has been working on fixing its client-screening practices after the US Federal Reserve for years raised concerns about…
Business
Asia: Tokyo’s Nikkei leads rally after Japan-US trade deal
Tokyo stocks rallied with the yen on Wednesday after Japan and the United States finally hammered out a trade deal to slash Donald Trump’s…
Business
Asian local-currency bond sales reach record on risks to US dollar
US President Donald Trump’s unpredictable policy moves are driving investor demand for Asian local-currency bonds, spurring fresh interest…
Business
Chinese hackers exploit Microsoft flaws, US nuclear agency hit
Microsoft warned that Chinese state-sponsored hackers are among those exploiting flaws in its SharePoint software to break into…
Business
BOJ’s Uchida warns of downside risks to economy on trade uncertainty
[KOCHI, Japan] Bank of Japan Deputy Governor Shinichi Uchida said risks to economic activity and prices were skewed to the downside due to…
Business
China shuns low-grade coal from Indonesia as imports collapse
Indonesia bore the brunt of a sharp fall in China’s coal imports last month, underscoring how Chinese power plants have shifted away from…
Business
RBA seen cutting three more times by early 2026, matching market
Economists expect Australia’s central bank will deliver three more interest-rate cuts by early 2026, up from two seen previously, bringing…
Business
DFI Retail Group jumps 12.7% to three-year high on H1 profit growth
Shares of DFI Retail Group hit its highest price in more than three yearson Wednesday (Jul 23) , after the supermarket and retail store…
Business
Replit CEO: What really happened when AI agent wiped Jason Lemkin’s database (exclusive)
Late last week, an AI coding agent from Replit, an AI software development platform, deleted an entire database of executive contacts…
Business
Fighting forever chemicals and startup fatigue
Megan Tatum: From MIT Technology Review, I'm Megan Tatum. This is Business Lab, the show that helps business leaders make sense of new…
Business
Drugs, Paid Sex and No Prenup: David Geffen’s Divorce Drama Goes Public as Mogul’s Ex Files Explosive Lawsuit
The mysterious marriage and subsequent split between David Geffen and model Donovan Michaels has spilled out into the public domain. And…
Business
Record labels sign deal to boost musicians' pay
Mark Savage Music Correspondent Songwriters and session musicians will receive better rates of pay, under a landmark deal agreed by the…
Business
US: Wall St opens muted with corporate earnings, trade talks in focus
Wall Street opened flat on Tuesday (Jul 22) as investors weighed signs of potential trade deals between the US and its partners ahead of…
Business
SingPost divests freight forwarding business Famous Holdings for S$177.9 million
Sale results in estimated realised gain on disposal of S$10.5 million and about S$104 million in cash Singapore Post (SingPost) has…
Business
DFI Retail Group posts 38.9% rise in H1 underlying profit
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…
Business
DFI Retail Group posts 38.9% rise in H1 underlying profit, pays special dividend of US$0.443 a share
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…
Business
Food bills on course to rise by £275 a year as prices jump
Tom Espiner BBC business reporter The average household spend on food and drink is on course to rise by £275 this year, prompting shoppers…
Business
General Motors’ profit slides by 32% in second quarter, and Trump’s tariffs are to blame
General Motors’ second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront challenging tariff…
Business
Lockheed Martin's Q2 profit plummets on US$1.6 billion charge
Lockheed Martin reported on Tuesday (Jul 22) that its second-quarter profit plunged by about 80 per cent, after the US defence giant…
Business
EXCLUSIVE: Klarna Announces Poshmark Partnership With In-app Resale Integration
Kkarma and Poshmark on Tuesday revealed a strategic partnership in the Klarna app — created to empower consumers to resell and earn money…