Business
Oracle cuts cloud division jobs amid surge in AI spending
Many tech giants have sought to deal with the surging costs of artificial intelligence by reducing expenses in other parts of the business…
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surge
Business
Wall Street stocks surge on hopes for interest rate cuts by the Fed
U.S. stocks are ticking higher on Wednesday after a rally spurred by hopes for lower U.S. interest rates wrapped around the world. The S&P…
Business
Singapore life insurance new business premiums surge 7.7% to nearly S$3 billion in H1 2025 while claims payouts fall 42%
The life insurance industry in the Republic recorded a total of S$2.99 billion in weighted new business premiums for the first half of…
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
Airline shares surge after airfare data shows pricing power returning
Shares of major U.S. carriers jumped on Tuesday after upbeat airfare data for July signaled improving pricing power for the industry, as…
Business
Sea reports 418.3% surge in Q2 2025 earnings to US$414.2 million, on Shopee and Monee’s performance
Sea Ltd reported on Tuesday (Aug 12) a 418.3 per cent increase in its second-quarter earnings to US$414.2 million, a jump from the US$79.9…
News
Pharmacies report surge in shoplifting and aggressive behaviour
Around nine in 10 pharmacies have reported an increase in shoplifting and aggression towards staff in the past year. A survey of 500…
Business
Tencent Music Posts $1.18 Billion Q2 Revenue as Profit Rises 43% on Subscription Momentum and SVIP Surge
Tencent Music Entertainment Group, China’s dominant online music and audio platform, reported second-quarter 2025 revenue of $1.18…
Business
Japan's Nikkei races to record high, SoftBank leads tech surge
Japan’s Nikkei share gauge powered to an all-time high on Tuesday (Aug 12), driven by sharp gains for tech companies and renewed optimism…
Business
South-East Asian firms test Hong Kong waters amid IPO surge
South-east Asian companies have mostly sat out Hong Kong’s 2025 listing boom, but a cautious revival may be under way with four more…
Business
From Figma’s IPO surge to SNAP cuts: 10 business stories that defined the week
From Wall Street to Main Street, this week was packed with major business moves. There were big market debuts, tough earnings reports, and…
Business
Palmer Luckey's Anduril leads second quarter surge for venture capital in greater L.A.
Venture capital investments in the Greater Los Angeles region more than doubled to $5.8 billion in the second quarter, compared to a year…
News
China’s coal price surge may lose steam without policy support
A rally in Chinese coal prices following government moves to tackle excess supply will probably be fleeting without policies that support…
News
BHP delays Jansen potash project as costs surge; logs record copper output
BHP Group flagged delays and cost overruns of about 30 per cent for its key Jansen Stage 1 potash project on Friday (Jul 18), even as the…
Business
CDL shares surge over 6% after Philip Yeo exits board
Shares of City Development Limited (CDL) rose more than 6 per cent on Wednesday (Jul 16), after the property conglomerate said on Tuesday…
Business
Pop Mart says Labubu craze to spur 350% surge in profit
Chinese toymaker Pop Mart International Group expects the soaring global popularity of its Labubu plush toys to drive a threefold increase…
Business
Alibaba to Baidu lead surge in equity-linked bond sales in Asia
Asian sales of bonds that can be turned into shares have soared in 2025, heading towards multi-year highs, as interest rates remain…
News
Child dies at Alder Hey Children's hospital as measles cases surge
A child has died at Liverpool's Alder Hey Children's Hospital after contracting measles, the BBC understands. There has been a surge in…
Business
China solar stocks surge as Beijing moves to calm price wars
Some China solar stocks jumped sharply on Thursday (Jul 10), continuing a multi-day rise. This comes on the back of news that Beijing…
Business
Chinese property shares surge on unverified reports of meeting to revive sector
A gauge of Chinese property shares jumped the most in nearly nine months, fuelled by speculation a high-level meeting will be held next…
News
US used car prices surge as tariffs drive market volatility
A GAUGE of US used vehicle prices sold at wholesale auctions that proved predictive ahead of the inflation surge following the Covid-19…
News
Kristi Noem Guts ICE Oversight as Detainee Deaths Surge
As Donald Trump has rapidly expanded immigration enforcement, he and his administration have also begun stripping government oversight—and…
Business
Manhattan home sales surge 17% with cash buyers leading the way
Manhattan home sales in the second quarter were stronger than they have been in almost two years, boosted by cash buyers undeterred by the…
Business
Nvidia insiders sell over US$1 billion in stock amid market surge
The chipmaker’s stock hit a record on Jun 25, and it reclaimed the crown as the world’s most valuable company IA insiders sold over US$1…