Culture
US: S&P 500, Nasdaq open higher after inflation data; focus on bank earnings
The Nasdaq and the S&P 500 opened higher on Tuesday (Jul 15) after fresh inflation data, while banking heavyweights kicked off the…
Section
Culture
Culture
Hong Kong government proposes first ride-hailing regulation
The Hong Kong government laid out proposals on Tuesday (Jul 15) to regulate ride-hailing platforms, such as Uber, following years of talks…
Culture
Philip Yeo to step down from CDL board after fiery AGM showdown
City Developments Ltd (CDL) announced the retirement of Philip Yeo, who notably backed executive chairman Kwek Leng Beng’s bitter…
Culture
Philip Yeo to step down from CDL board
City Developments Ltd (CDL) announced the retirement of Philip Yeo, who notably backed executive chairman Kwek Leng Beng’s bitter…
Culture
At Las Vegas Sands, investment planning takes place over decades, not years or quarters
One could say the number “15” is a rather auspicious one for Marina Bay Sands (MBS) and its parent company, Las Vegas Sands (LVS). By the…
Culture
Standard Chartered launches Bitcoin, Ether spot trading for institutional clients
The lender is the first global systemically important bank to offer such crypto services Standard Chartered will allow institutional…
Culture
Pop Mart says Labubu craze to spur 350% surge in profit
Chinese toymaker Pop Mart International Group expects the soaring global popularity of its Labubu plush toys to drive a threefold increase…
Culture
UOL prices S$225 million notes due 2032 at 2.78%
This comes after the property developer previously priced S$75 million notes at the same rate on Jul 9 UOL’s unit UOL Treasury Services…
Culture
SIA, Scoot passenger traffic up 4.5% in June on strong travel demand
Singapore Airlines (SIA) and its low-cost arm Scoot reported a 4.5 per cent year-on-year increase in passenger traffic in June, its…
Culture
SMFG said to eye US$1.1 billion additional investment in Yes Bank: sources
The fresh investment would bring the total amount to US$2.7 billion, giving SMFG a roughly 25% stake in Yes Bank Sumitomo Mitsui Financial…
Culture
Chinese investors’ FX pile hits US$1 trillion amid low local rates
Chinese corporates and households boosted their foreign-currency deposits last month to the highest in three years, as they shunned the…
Culture
Ericsson's Q2 profit beats expectations, says North America growth was good
Operating profit excluding restructuring charges was 7.0 billion crowns against a year-earlier loss of 11.9 billion Swedish telecom…
Culture
Some airlines checking Boeing fuel switches after Air India crash
India on Monday (Jul 14) ordered its airlines to examine fuel switches on several Boeing models, while South Korea said it would order a…
Culture
Nvidia to resume H20 AI chip sales to China in US reversal
Nvidia plans to resume sales of its H20 artificial intelligence (AI) chip to China after securing Washington’s assurances that such…
Culture
Indonesia looking at levy on coal exports to boost state coffers
Prabowo Subianto’s administration has been rolling out an array of revenue-boosting measures to fund the president’s big-ticket spending…
Culture
Despite tariffs, it’s still America first for Asia’s legacy automakers
[SEOUL/TOKYO] Toyota and Hyundai Motor may have a beef with US protectionism, but they have one thing in common with US President Donald…
Culture
China’s quant funds boost US recruiting after Trump’s visa curbs
Chinese quantitative hedge funds are stepping up efforts to hire science and engineering students in the US affected by US President…
Culture
Global EV sales jump 24% in June though North American market struggles: research firm
GLOBAL sales of electric and plug-in hybrid vehicles jumped 24 per cent in June from a year ago, as a switch to electric vehicles…
Culture
Alibaba to Baidu lead surge in equity-linked bond sales in Asia
Asian sales of bonds that can be turned into shares have soared in 2025, heading towards multi-year highs, as interest rates remain…
Culture
TikTok urgently pitches Canada security solution to avoid shutdown
TikTok is trying to talk with Canada about security solutions that would spare the popular video app from a looming order to shut…
Culture
Zuckerberg says Meta will invest hundreds of billions in superintelligence
Mark Zuckerberg said on Monday (Jul 14) that Meta Platforms would spend hundreds of billions of US dollars on computing power to build…
Culture
LinkedIn settles antitrust lawsuit, agrees to contracting changes
Business social network LinkedIn has agreed to make temporary changes to its contracting practices to settle a lawsuit by US users who…
Culture
US: Wall Street opens mixed as investors digest fresh tariff threats
Street’s main indexes opened mixed on Monday (Jul 14) as investors digested President Donald Trump’s latest tariff threats against the…
Culture
US dollar steadies amid muted reaction to Trump’s 30% tariff threat to EU and Mexico
THE euro briefly hit a three-week low on Monday (Jul 14) before partially recovering, while the US dollar held steady in a muted reaction…