Culture
IPhone maker Hon Hai’s October sales growth slows on weak demand
It has raised concerns about demand momentum for both AI infrastructure and iPhonesApple’s major manufacturing partner Hon Hai Precision Industry reported its slowest monthly sales growth since February, stoking...
Saudi Aramco reports 15% drop in Q3 profit but maintains dividend
Saudi oil giant Aramco on Tuesday (Nov 5) reported a 15.4 per cent drop in third-quarter profit due to lower crude prices and weaker refining margins, but maintained its...
China state-linked group accused of hacking SingTel, Bloomberg News reports
A CHINA state-sponsored hacking group had breached Singapore Telecommunications (SingTel) in June as a part of a global campaign targeting telecom companies and critical infrastructure operators, Bloomberg News reported...
Chinese group accused of hacking Singtel in telecom attacks
SINGTEL, Singapore’s largest mobile carrier, was breached by Chinese state-sponsored hackers this summer as part of a broader campaign against telecommunications companies and other critical infrastructure operators around the...
Record foreign exodus casts a pall over India’s stock market
FOREIGN investors are souring on India’s stock market, selling a record amount of shares amid signs the South Asian nation’s post-pandemic economic boom is losing steam.Global funds pulled out...
StanChart partners with Wise for faster FX in Asia and Middle East
STANDARD Chartered (StanChart) is going to use Wise’s payments platform to offer multi-currency money transfers in Asia and the Middle East.The lender will integrate Wise’s foreign exchange infrastructure to...
Adani pushes Bangladesh for US$850 million unpaid electricity bill
BILLIONAIRE Gautam Adani’s power generation unit is stepping up pressure on Bangladesh as it seeks to recover more than US$850 million of unpaid electricity bills, according to sources familiar...
Asian markets mixed as caution builds ahead of high-stakes US election
ASIAN markets were mixed in early trade on Tuesday (Nov 5) as investors tread cautiously amid heightened volatility in anticipation of the US presidential election.
Market sentiment was likely...
Philippines inflation matches estimate, gives room for rate cuts
PHILIPPINE inflation quickened in October but within market expectations, giving the central bank room to sustain its easing cycle.Consumer prices rose 2.3 per cent year on year in October...
Amazon still backs Talen nuclear deal after regulator rejection
AMAZON.COM said that it’s committed to building a data centre campus adjacent to a Pennsylvania nuclear plant after the top US energy regulator rejected a special deal to power...
