Culture
South-East Asian firms test Hong Kong waters amid IPO surge
[SINGAPORE] South-east Asian companies have mostly sat out Hong Kong’s 2025 listing boom, but a cautious revival may be under way with four more initial public offerings (IPOs) from...
Bank of England rate cuts deliver £11 billion hit to households
[LONDON] Exactly one year since the Bank of England (BOE) started to cut interest rates, the pressure on households from the highest borrowing costs in a generation is still...
Apple CEO tells staff AI is ‘ours to grab’ in hourlong pep talk
[LOS ANGELES] Apple chief executive officer Tim Cook, holding a rare all-hands meeting following earnings results, rallied employees around the company’s artificial intelligence (AI) prospects and an “amazing” pipeline...
Starbucks plans kiosks to cut long lines at airport locations
[CHICAGO] Starbucks is working on adding ordering kiosks to busy locations in the US that cater to on-the-go customers. The Seattle-based coffee chain has been exploring how to shorten...
China state media asks Nvidia to prove H20 chips are secure
[HONG KONG] China state media is calling for Nvidia to prove that its H20 chip is secure, saying it cannot allow flawed chips into the country.China’s top Internet watchdog...
Brunei tweaks Bridgewater bet to a lucrative 20% stake in firm
Published Sat, Aug 2, 2025 · 12:30 PM[NEW YORK] Brunei’s sovereign wealth fund pulled money from an investment in a Bridgewater Associates strategy to buy an almost 20% stake...
China polysilicon firms plan 50 billion yuan fund to shut a third of industry capacity
[BEIJING] Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan (S$8.9 billion) fund to acquire and shut down roughly...
Barclays says credit liquidity premium gone as e-trading thrives
This premium has shrunk as electronic credit trading has boomed, bringing more liquidity to the market, according to the reportPublished Sat, Aug 2, 2025 · 10:52 AM[NEW YORK] The...
Airbus said to deliver fewer aircraft in July amid engine woes
The world’s biggest planemaker has delivered around 370 planes in the first seven months of 2025, less than half its annual goalPublished Sat, Aug 2, 2025 · 09:55 AM[NEW...
Barclays latest British lender to quit climate banking alliance
The NZBA lists more than 100 members on its website, including leading international financial institutionsPublished Sat, Aug 2, 2025 · 09:36 AM[LONDON] Barclays has become the latest British lender...
