Culture
Foreigners buy most Philippine stocks in two years on BSP Bets
The buying has helped lift the nation’s benchmark index this week, set to close about 7% higher Global investors snapped up the most…
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Culture
Culture
Foxconn can make 1,000 AI racks a week, to increase next year, chairman says
The company has been expanding beyond electronics into electric vehicles and AI data centres Foxconn chairman Liu Young said on Friday…
Culture
Bank of Japan drops fresh hints of near-term rate hike as yen slides
The remarks keep alive the possibility of a rate hike as soon as its next policy meeting on Dec 18 and 19 The Bank of Japan (BOJ) will…
Culture
Indonesia’s US$52 billion fund to invest 5% of assets abroad
The plan marks a key shift for BPJS TK has outgrown Indonesia’s shallow capital markets Indonesia’s largest social security fund is poised…
Culture
‘Baby Shark’ creator’s 62% wipeout sinks stock below IPO price
The frenzy for the company behind the viral children’s hit Baby Shark has quickly cooled with shares dropping below their initial public…
Culture
STI slides 1% amid rout in Asia markets; Nikkei, Hang Seng tumble more than 2%
Singapore stocks fell on Friday (Nov 21), triggered by declining expectations of a rate cut. This follows a wider regional rout after…
Culture
Joby Aviation sues air-taxi rival Archer over trade secrets
eVTOL aircraft firms are racing to bring their vehicles to market, aiming to meet a demand for faster, more sustainable urban…
Culture
Gold falls as strong US jobs data dims rate-cut prospects
Traders now see nearly a 39% chance for a Fed rate cut next month, down from 60% earlier this month Gold prices slipped on Friday (Nov 21)…
Culture
China’s fluid humanoid stuns – but US still rules robot brains
CHINESE EV maker XPeng wowed audiences with its latest humanoid robot, Iron, at a recent launch. Compared with last year’s somewhat…
Culture
Salesforce says customer data possibly exposed following incident
The company is investigating “unusual activity” involving Gainsight-published applications Salesforce said on Thursday (Nov 20) that it is…
Culture
Singapore Paincare settles dispute over claims worth up to S$450K
Singapore Paincare has entered a settlement to resolve a dispute with an individual who claimed the company owed her a sum between…
Culture
Coliwoo enters JV to buy 1 King George's Avenue property for S$40m
The Rehau Building will undergo conversion works to transform it into a co-living space Coliwoo Holdings has entered into a 50:50 joint…
Culture
Japan signals chance of currency intervention, yen rises
The currency is down around 6% since Prime Minister Sanae Takaichi was elected leader of her party Japan sees currency intervention as a…
Culture
Paramount, Comcast and Netflix submit bids for Warner Bros Discovery: source
The bids represent the first step in the possible sale of all or part of the century-old Hollywood studio Warner Bros Discovery has…
Culture
US lawmakers target Chinese chipmaking equipment imports by Chips Act grant recipients
The bill targets a range of chipmaking tools from complex lithography equipment to machines that slice and dice the silicon wafers on…
Culture
US Fed fractures deepen as Barr signals inflation concern
Investors now see about a 40% probability of a rate cut at the December meeting, according to pricing in futures contracts Add one more to…
Culture
Repositioning of IReit Global’s Berlin asset to have ‘significant impact’ on DPU
The absence of property income as a result of the repositioning of IReit Global’s office asset in Berlin is expected to have a…
Culture
HSBC overhauls trading business in bid to become debt powerhouse
The firm will merge Group-of-10 rates trading unit with FX, EM rates and commodities desks into a new global macro division HSBC Holdings…
Culture
US: Wall Street opens sharply higher after Nvidia earnings, jobs data
Wall Street’s main indexes jumped at the open on Thursday (Nov 20) as technology stocks received a boost after Nvidia’s stellar results…
Culture
Walmart jumps to Nasdaq in biggest exchange transfer on record
Walmart, the world’s biggest retailer, said it will move its stock listing to the Nasdaq, marking the largest defection in the New York…
Culture
Forget Musk’s latest pay package, his last one could wipe out years of Tesla profits
Tesla faces potential US$26 billion profit hit if it loses its appeal over Musk’s pay ruling Tesla’s gaudy US$1 trillion…
Culture
Lufthansa enters race for TAP stake against Air France-KLM
TAP is of interest to bigger players due to its routes to Brazil and Portuguese-speaking Africa Germany’s Lufthansa on Thursday (Nov 20)…
Culture
Singdollar stays above S$1 to 120 yen mark
The Singapore dollar stayed above the S$1-to-120 yen mark on Thursday (Nov 20), standing at 120.39 yen as at 6.35pm, after having peaked…
Culture
Fresh high: Singdollar stays above S$1-to-120-yen mark
The Singapore dollar stayed above the S$1-to-120-yen mark on Thursday (Nov 20), standing at 120.39 yen as at 6.35pm, after having peaked…