Culture
Chinese tech financier released after probe: former colleague
Published Sat, Aug 9, 2025 · 02:20 PM[BEIJING] Chinese tech financier Bao Fan has been released by Chinese authorities after vanishing from public view over two years ago while...
US licenses Nvidia to export chips to China, official says
[BENGALURU] The commerce department has started issuing licences to Nvidia to export its H20 chips to China, a US official told Reuters on Friday (Aug 8), removing a significant...
Oil steadies on reports of US-Russia deal, ends week about 5% lower
[HOUSTON] Oil held steady on Friday (Aug 8) as markets awaited a meeting in coming days between Russian President Vladimir Putin and his US counterpart Donald Trump, but prices...
Europe: Shares post biggest weekly gain in 12 powered by financials
[BENGALURU] European shares posted their biggest weekly gain in 12 weeks on Friday (Aug 8), as banking stocks continued to drive the benchmark index upwards, while investors watched for...
US: Nasdaq posts record closing high with tech gains, rate cut optimism
[NEW YORK] US stocks ended higher and the Nasdaq notched a record closing high for the second straight day on Friday (Aug 8) as technology-related shares, including Apple, gained...
Sri Trang Agro-Industry swings to net loss of 786.8 million baht in Q2
[SINGAPORE] Sri Trang Agro-Industry swung to a net loss of 786.8 million baht (S$31.3 million) for the second quarter ended June, from earnings of 628.4 million baht in the year-ago...
CEO pulled Boeing out of nosedive, but new challenges approach
[SEATTLE] One year after taking the helm during Boeing’s deepest crisis in decades, CEO Kelly Ortberg has stopped the company’s freefall. Now, he faces new challenges: ramping up jet...
Sri Trang Gloves Q2 earnings drop by 79.6% to 77.1 million baht
[SINGAPORE] Sri Trang Gloves posted a net profit drop of 79.6 per cent year on year to 77.1 million baht (S$3.1 million) for the quarter ended June, as the...
Ikea bets on online growth in China with JD.com launch
[LONDON] Swedish budget furniture retailer Ikea opened a digital store on Chinese ecommerce platform JD.com on Friday (Aug 8), as it expands its presence on third-party online shopping sites...
US: Wall Street opens higher as Fed shake-up stokes dovish bets
Published Fri, Aug 8, 2025 · 09:48 PMWALL Street’s main indexes opened higher on Friday (Aug 8) as US President Donald Trump’s temporary pick for a Federal Reserve governor...
