Culture
Asia: Markets swing as trades eye tech rally, US rate outlook
ASIAN markets fluctuated on Tuesday as investors assessed the latest tech rally on Wall Street amid worries a bubble is forming in the sector, while mixed signals from Federal...
China aims to revive steelmaking without ordering cuts to supply
Beijing seems to have committed to a more gradual tightening of the screws on steelmakers that would play out over years rather than months[LONDON] China is taking a measured...
WeRide is poised to raise HK$2.39 billion in Hong Kong listing
[HONG KONG] WeRide is set to raise HK$2.39 billion (S$402 million) from its Hong Kong share sale, according to sources familiar with the matter, as it joins a slate...
Japan’s US$132 billion borrowing binge reshapes global credit
[TOKYO] The end of an era of essentially free money in Japan, a flurry of dealmaking and the artificial intelligence (AI) boom have unleashed record overseas borrowing by the...
Restaurant chain Denny’s to be taken private in US$620 million deal
The deal marks the latest in a wave of private equity buyouts of restaurant chains in recent yearsRESTAURANT chain Denny’s announced on Monday it would be acquired by a...
Shein bans sex dolls after France outrage over ‘childlike’ ones
ASIAN e-commerce giant Shein said on Monday it was banning sex dolls from sale on its sites globally after French authorities condemned it for featuring ones resembling children.France’s finance...
Oil prices steady despite Opec+ plans to pause output increases
NEW YORK, Nov 3 (Reuters) - Oil prices held steady on Monday as the market balanced the latest OPEC+ supply increase with the group’s plans to pause output increases in the...
India’s Bharti Airtel posts surge in quarterly profit as higher-paying users grow
[BENGALURU] Bharti Airtel, India’s second-largest mobile carrier by number of users, posted its sixth straight quarterly profit rise on Monday (Nov 3), as users upgraded to higher-margin 4G and...
US: Wall Street opens higher on optimism for AI demand
[NEW YORK] Wall Street kicked off November on firmer ground on Monday (Nov 3), driven by optimism around AI demand with OpenAI and Amazon striking a US$38 billion deal,...
US: Wall Street opens higher on optimism for AI demand
[NEW YORK] Wall Street kicked off November on firmer ground on Monday (Nov 3), driven by optimism around AI demand with OpenAI and Amazon striking a US$38 billion deal,...
