Culture
SK Hynix shares hit record with news of AI memory milestone
The Seoul-traded chipmaker, whose shares are up roughly 90% over the past year, is now worth close to US$170 billion[SEOUL] SK Hynix’s stock climbed as much as 5.9 per...
Yangzijiang Financial closes 7.4% higher amid heavy trading, hits record in intra-day trade
The company will be added to STI’s reserve list, comprising the five highest-ranking non-constituents of the index by market capitalisation [SINGAPORE] Shares of Yangzijiang Financial hit an all-time high...
A key BMW dealer in China expects to ‘suffer’ before rebound
Sime Darby also sells the German luxury vehicles in eight other markets, including Indonesia, Thailand, Australia, Singapore and Malaysia[NEW YORK] Sime Darby, one of the main dealerships in China...
Canada PM names key projects to jumpstart Trump-hit economy
[ALBERTA, Canada] Canada’s Prime Minister Mark Carney unveiled his initial list of major national projects on Thursday, backing critical minerals, nuclear power and port expansion to bolster an economy...
Gold set for fourth weekly rise as US data lifts rate-cut hopes
[BENGALURU] Gold prices rose on Friday (Sep 12) and were headed for a fourth consecutive weekly gain, as fears of a weakening US labour market eclipsed inflation concerns ahead...
CapitaLand Commercial C-Reit’s public offer 535 times subscribed; 2.29 billion yuan raised from its Shanghai IPO
CapitaLand Investment, CapitaLand China Trust and CapitaLand Development collectively hold 20% of IPO units [SINGAPORE] The public tranche of the Shanghai initial public offering (IPO) of CapitaLand Commerical C-Reit (CLCR) closed ahead...
Stocks to watch: CapitaLand Investment, CapitaLand China Trust, Frasers Hospitality Trust, TalkMed, Low Keng Huat, IReit Global
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Sep 12): CapitaLand Investment (CLI) ; CapitaLand China Trust (CLCT) : CapitaLand Commercial...
Hong Kong stock ETFs get record China money on AI, biotech craze
Mainland retail traders are being lured by the outperformance of the city’s equities[HONG KONG] Hot themes from artificial intelligence (AI) to biotech have driven Chinese investors to pour record...
Winklevosses’ crypto exchange Gemini raises US$425 million in IPO
The firm offers a crypto exchange, a US dollar-backed stablecoin, crypto staking, digital asset custody and a credit card that offers rewards in crypto[NEW YORK] Gemini Space Station raised...
Paramount Skydance prepares bid for Warner Bros Discovery, source says
PARAMOUNT Skydance is preparing a bid to buy Warner Bros Discovery, a source familiar with the matter told Reuters on Thursday, potentially marrying two of the biggest Hollywood studios and...
