Culture
Maybank Q3 profit up 3.3% at RM2.62 billion
[SINGAPORE] Maybank’s net profit for the third quarter ended Sep 30 rose 3.3 per cent to RM2.62 billion (S$828 million), from RM2.54 billion in the same period a year...
US accuses four of smuggling advanced Nvidia chips to China
The Commerce Department has barred all the chips involved from export to the Asian nation[FLORIDA] Federal prosecutors charged two Chinese nationals and two US citizens with a scheme to...
Foreigners buy most Philippine stocks in two years on BSP Bets
The buying has helped lift the nation’s benchmark index this week, set to close about 7% higher[MANILA] Global investors snapped up the most Philippine shares in more than two...
Foxconn can make 1,000 AI racks a week, to increase next year, chairman says
The company has been expanding beyond electronics into electric vehicles and AI data centres[TAIPEI] Foxconn chairman Liu Young said on Friday (Nov 21) that the company now had the...
Bank of Japan drops fresh hints of near-term rate hike as yen slides
The remarks keep alive the possibility of a rate hike as soon as its next policy meeting on Dec 18 and 19[TOKYO]The Bank of Japan (BOJ) will discuss at...
Indonesia’s US$52 billion fund to invest 5% of assets abroad
The plan marks a key shift for BPJS TK has outgrown Indonesia’s shallow capital markets[JAKARTA] Indonesia’s largest social security fund is poised to invest as much as 5 per...
‘Baby Shark’ creator’s 62% wipeout sinks stock below IPO price
[HONG KONG] The frenzy for the company behind the viral children’s hit Baby Shark has quickly cooled with shares dropping below their initial public offering (IPO) price just days...
STI slides 1% amid rout in Asia markets; Nikkei, Hang Seng tumble more than 2%
[SINGAPORE] Singapore stocks fell on Friday (Nov 21), triggered by declining expectations of a rate cut. This follows a wider regional rout after markets tumbled earlier this week on...
Joby Aviation sues air-taxi rival Archer over trade secrets
eVTOL aircraft firms are racing to bring their vehicles to market, aiming to meet a demand for faster, more sustainable urban transportation[WASHINGTON] Electric air-taxi company Joby Aviation has sued...
Gold falls as strong US jobs data dims rate-cut prospects
Traders now see nearly a 39% chance for a Fed rate cut next month, down from 60% earlier this month [BENGALURU] Gold prices slipped on Friday (Nov 21) and...
China’s fluid humanoid stuns – but US still rules robot brains
CHINESE EV maker XPeng wowed audiences with its latest humanoid robot, Iron, at a recent launch. Compared with last year’s somewhat stiffer first-generation model, the upgraded version released on...
Salesforce says customer data possibly exposed following incident
The company is investigating “unusual activity” involving Gainsight-published applications[WASHINGTON] Salesforce said on Thursday (Nov 20) that it is investigating “unusual activity” involving Gainsight-published applications that may have exposed customer...