Business
US dollar tumbles;traders bet on more US rate cuts after weak jobs report
THE greenback dropped on Friday (Aug 1) and was on track for its biggest daily loss against the yen since January 2023 after data showed…
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bet
Business
Brunei tweaks Bridgewater bet to a lucrative 20% stake in firm
Brunei’s sovereign wealth fund pulled money from an investment in a Bridgewater Associates strategy to buy an almost 20 per cent stake in…
Business
Polymarket is making a big bet on pop culture
Polymarket, a cryptocurrency-based “prediction market” best known as a platform for betting on elections, sports, and geopolitical events,…
Business
Markets bet Beijing is getting serious about China’s overcapacity
Commodity prices from steel to polysilicon have surged this month as Chinese investors bet Beijing is finally serious about addressing…
Business
Investors bet $10M that Laka's 'collective insurance' can fix bike coverage
London-based insurtech startup Laka has raised $10.4mn in Series B funding as it eyes profitability at the end of next year. Laka offers…
Business
Meta’s massive data center bet is a direct challenge to OpenAI and Alphabet
Meta may not currently lead the race for AI superintelligence, but it’s drawing heavily on its cash reserves to pursue the technology.…
Business
Samsung’s bet on foldable phones faces major test with slimmer new model
Samsung Electronics on Wednesday unveiled thinner, lighter new foldable phones as it aims to fend off Chinese competition in the…
Business
HSBC expands UK wealth bet in race to £100 billion asset goal
HSBC Holdings is ramping up growth plans for its UK wealth-management operations as Europe’s largest bank seeks to double the assets it…
Business
Xiaomi founder’s bold EV bet is paying off where Apple’s failed
Lei Jun, founder and chairman of Xiaomi, the only tech company to have successfully diversified into carmaking, could not resist. Speaking…
News
Patagonia and other outdoor brands bet on nonpartisan support for public lands. It worked
If you follow any variety of outdoor-focused brands on social media, you probably noticed these that companies were less focused in recent…
Business
Two Chinese chip firms plan 12 billion yuan IPOs, bet US export curbs to spur growth
Two Chinese artificial intelligence chip startups are seeking to raise a combined 12 billion yuan (S$2.1 billion) in initial public…
Business
Wall Street’s booming June is big bet against economy doomsayers
Wall Street is throwing a summer party with markets just closing out their best cross-asset advance in more than a year on receding fears…
Business
Ping An builds HK$180 billion stake in China banks on dividend bet
Ping An Insurance Group, as well as other Chinese insurers, have ramped up investments in the nation’s biggest banks on a bet that the…
Business
Toyota crashes Indonesia’s used-car party with $120m bet
It’s an alliance everyone saw coming. After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for…
Business
Toyota crashes Indonesia’s used-car party with US$120 million bet
It’s an alliance everyone saw coming. After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for…
Business
JPMorgan, Macquarie bet on S-Reits amid falling borrowing costs, MAS mandates
Singapore-listed real estate investment trusts (S-Reits) could gain from falling interest rates, particularly those with a domestic focus,…
Business
Europe must bet bigger on young founders, tech leaders urge
Europe must take bigger bets on young founders to build tomorrow’s tech giants, industry leaders urged today. Speaking at TNW Conference,…
Lifestyle
South-east Asia’s budget airlines bet on travel demand, despite competition woes
South-east Asia’s biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing…
Business
Who is Alexender Wang? 28-year-Old, 'Scale AI' CEO Chosen to Lead Meta's $14.3B 'Superintelligence' Bet
In a major move, technology giant Meta has not only acquired a 49% stake in Scale AI by investing $14.3 billion but has also recruited its…
News
Tech billionaires are making a risky bet with humanity’s future
While there’s a sprawling patchwork of ideas and philosophies powering these visions, three features play a central role, says Adam…
Business
European VCs just made a record bet on this fusion energy underdog
Two years ago, German startup Proxima Fusion emerged from stealth with big ambitions to make a little-known stellarator fusion machine a…
Celebrity
Ashanti Stays Loyal to Tom Ford’s Padlock Heels for 2025 BET Awards Red Carpet, Takes the Stage in Thigh-high Jennifer Le Boots
Ashanti arrived at the 2025 BET Awards in a shimmering dress and a pair of one of her tried-and-true heel designs. The “Foolish” singer…
Culture
Mariah Carey is the ‘Ultimate Icon’ in White and Gold Dresses at the 2025 BET Awards
Mariah Carey attended the 2025 BET Awards in Los Angeles on Monday night and sparkled from head to toe. The venerated singer and Grammy…
Fashion
Ciara Opts for Monochrome Black With Rhinestone-embellished Saint Laurent Sandals at BET Awards 2025
Ciara brought her style to the 2025 BET Awards in Los Angeles on Monday night, dressing up in an edgy monochrome black ensemble rounded…