Business
Asia: Markets bounce as Nvidia takes centre stage amid AI bubble fears
ASIAN investors battled on Wednesday to kickstart a recovery in equities following the latest stagger across world markets that has been…
Section
Business
Business
CDL upgraded to ‘buy’ by RHB on Singapore residential market strength, divestments
RHB has upgraded City Developments Limited (CDL) to “buy” from “neutral”, citing a strong momentum in Singapore’s residential property…
Business
UltraGreen.ai aims to raise US$400 million in Singapore IPO, term sheet shows
UltraGreen.ai, a medical imaging and fluorescence-guided surgery company, is aiming to raise about US$400 million in a Singapore initial…
Business
Volkswagen pares India EV development costs amid hunt for a partner
The spending cuts also reflect growing caution among global carmakers balancing investment between India, China and western markets…
Business
Gold steady as focus turns to Fed minutes, US jobs report
Gold prices were steady on Wednesday (Nov 19), as investors awaited minutes from the US Federal Reserve’s latest policy meeting and US…
Business
Labubu’s Creator Kasing Lung Named ComplexCon Hong Kong Artistic Director
LABUBU TIME: Kasing Lung, the creator of the global cultural phenomenon Labubu and The Monsters universe it inhabits, has been named the…
Business
Warner Bros Discovery wants Paramount to raise its offer to US$30 per share, Axios reports
WARNER Bros Discovery’s board wants Paramount Skydance to sweeten its latest bid of US$23.5 per share to about US$30 apiece, Axios…
Business
Bank Indonesia policy juggle makes rate moves harder to predict
The central bank has spurned market expectations at half of its 10 policy meetings so far this year Bank Indonesia’s (BI) balancing act…
Business
Stocks to watch: Singtel, LHN, Coliwoo
The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 19): Singtel: The telco was hit…
Business
US Fed official defends easing of bank oversight as concerns mount
THE US central bank’s top banking regulator on Tuesday defended efforts to revamp oversight of the sector, as she faces warnings that…
Business
CATL’s 92% rally in Hong Kong faces threat from lockup expiry
Besides cashing out on the stock’s stellar gains, investors have at least one more reason to sell: valuation Shares of Contemporary…
Business
Meta wins major antitrust case as US judge rules no monopoly
Ruling represents a setback for US antitrust enforcers who have pursued aggressive action against Big Tech companies A US judge dismissed…
Business
Boyu Capital considers bringing Tencent, GIC into Starbucks China deal
Boyu Capital is considering bringing in Tencent Holdings, GIC and potentially others as limited partners in its acquisition of a stake in…
Business
Nvidia, Microsoft invest US$15 billion in AI startup Anthropic
The massive investment comes a month after Nvidia announced it will pump as much as US$100 billion into OpenAI NVIDIA and Microsoft…
Business
AI bubble and growth fears are creeping into US credit markets
The malaise sweeping financial markets globally is creeping into credit markets. Risk premiums on everything from investment-grade…
Business
US: S&P 500 ends down for fourth day as valuation worries weigh, Home Depot drops
US stocks ended lower on Tuesday, with the S&P 500 putting in a fourth day of losses as valuation worries hit big technology-related…
Business
Europe: Shares close at one-month low on Fed rate cut worries, tech valuations
EUROPEAN shares fell on Tuesday, with those in Germany near a five-month low as a broad risk-off mood gripped global markets, sparked by…
Business
Roblox to scan users' faces to verify age amid stubborn child safety concerns
Roblox, a popular gaming platform that’s faced growing scrutiny over child safety concerns, said Tuesday it will require users to verify…
Business
France's $6.4 Billion Tax Break for Heirs Faces Crackdown After Shocking Audit
This article first appeared on GuruFocus. France's Dutreil succession regime is suddenly at the center of a fiscal storm, after the Cour…
Business
Google launches Gemini 3, embeds AI model into search immediately
Alphabet’s Google on Tuesday (Nov 18) launched the latest version of its artificial intelligence model Gemini, emphasising that the new…
Business
Power infrastructure provider Amperesand raises US$80m in oversubscribed Series A round
Amperesand, a next-generation power infrastructure provider for artificial intelligence (AI) data centres and critical power applications,…
Business
Temasek leads US$80 million funding in power infrastructure provider Amperesand
The Series A round is co-led by the Singapore investment company and Walden Catalyst Ventures Amperesand, a next-generation power…
Business
US: Wall St opens lower as valuation concerns, rate-cut jitters linger
Wall Street’s main indexes fell at the open on Tuesday (Nov 18), as concerns over lofty equity valuations and dimming chances of an…
Business
Temu-owner PDD Holdings beats profit expectations, outlook uncertain
Adjusted earnings per share of 21.08 yuan (S$3.86) beat analysts’ average forecast of 16.84 yuan China’s PDD Holdings beat forecasts on…