Culture
Intel to reveal tech details on forthcoming PC chip: sources
The Panther Lake chips are the company’s high-end mobile processors that are typically included in more expensive laptops[SAN FRANCISCO] Intel plans to release technical details about its forthcoming chip...
Europe: Luxury rebound in France cushions European stock losses amid turmoil
[BENGALURU] European stocks slipped on Tuesday (Oct 7), dragged down by healthcare and bank shares, while a luxury-led rebound in France kept regional losses in check after Monday’s political...
Mercedes posts worst quarterly China sales since 2016 as demand crisis deepens
[FRANKFURT] Mercedes-Benz Group’s China sales tumbled 27 per cent in the third quarter to their lowest level in almost a decade as luxury demand in the country remains weak...
Info-Tech Systems’ CFO to resign, shortly after SGX mainboard listing
Gan Lai Thong’s last day in the role will be Dec 31, 2025; no replacement announced yet[SINGAPORE] The chief financial officer (CFO) of software provider Info-Tech Systems will leave...
StarHub prices S$200 million perpetual securities at 3.35%
Net proceeds from the issue will be used to finance the group’s general corporate funding requirements and investments[SINGAPORE] StarHub has priced S$200 million in subordinated perpetual securities at 3.35...
US: Wall Street opens higher as Fed cues awaited
WALL Street’s main indexes opened higher on Tuesday (Oct 7), a day after the S&P 500 and the Nasdaq hit record closing highs, with focus now shifting to a...
Yen, euro extend slide against US dollar as politics calls the shots
[LONDON] Political developments drove currency markets again on Tuesday (Oct 7) with the yen falling to a two-month low after Sanae Takaichi’s leadership victory in Japan, while the euro...
NYSE parent nears deal for US$2 billion stake in crypto-based betting startup Polymarket: sources
INTERCONTINENTAL Exchange, the parent of New York Stock Exchange, is in talks to invest US$2 billion in Polymarket, The Wall Street Journal reported on Tuesday (Oct 7), citing people...
Duty Free International returns to the black with RM2.6 million Q2 net profit
Revenue for the quarter is up 14.5% at RM42.6 million amid stronger customer demand[SINGAPORE] Malaysian retail group Duty Free International reported on Tuesday (Oct 7) a net profit of...
Stablecoins could suck US$1 trillion from emerging-market banks in next three years: Standard Chartered
[LONDON] The boom in US dollar-backed stablecoins, helped by President Donald Trump’s crypto policies, could suck US$1 trillion worth of deposits out of emerging economy banks in the next...
