Business
US: Wall Street indexes fall as Meta, Microsoft drag, along with Fed rate concerns
WALL Street’s three major indexes lost ground on Thursday with the Nasdaq Composite and the S&P 500 leading losses as Meta and Microsoft…
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Business
Business
Europe: Shares fall as rate uncertainty, earnings sour sentiment
EUROPEAN shares logged their third session of declines on Thursday as uncertainty over the future moves of central banks grew, while…
Business
Oil prices steady as investors assess US-China trade truce
Oil prices held steady on Thursday as investors assessed a potential trade truce between the United States and China after US President…
Business
Amazon reports cloud unit grew at fastest rate since 2022
The company has invested heavily in data centres and chips to build and operate AI models capable of generating text or images and…
Business
Crocs is Pulling Back to Move Forward
Crocs Inc. is setting the stage for future growth. The footwear firm on Thursday posted third quarter earnings results that were better…
Business
Prince Andrew Stripped Of His 'Prince' Title and Forced to Leave Royal Lodge Amid Epstein Scandal as He Will be Known as Mr Mountbatten Windsor
Prince Andrew, the disgraced royal and former pal of Jeffrey Epstein, will lose his royal title of a prince and is being asked to vacate…
Business
Universal Music Group settles with AI music startup Udio
Universal Music Group said Wednesday it has reached licensing agreements with artificial intelligence music startup Udio, settling a…
Business
Nexperia-owner Wingtech demands reinstatement of ousted CEO as condition to restart China exports
The dispute has triggered concerns of production stoppages, especially in the European auto industry Wingtech Technology says any deal to…
Business
China’s largest banks report steady profits, but margins shrink
[BEIJING/SHANGHAI] Four of China’s largest five state-owned banks reported steady profits on Thursday (Oct 30), but their margins came…
Business
Lendlease Global Reit improves its committed portfolio occupancy to 95% for Q1 FY 2026
The Reit manager credits the rise from 92.1% in the preceding quarter to ‘active leasing efforts’ for a property in Milan Lendlease Global…
Business
Chinese airlines return to profit on summer surge, but challenges persist
China’s three biggest airlines posted their first collective quarterly profit in a year in the third quarter on the back of the peak…
Business
Cordlife’s executive chairman steps down
Cordlife announced that its executive chairman Zhai Lingyun has stepped down in a bourse filing on Thursday (Oct 30). Zhai told the board…
Business
US: Wall Street opens lower after mixed tech earnings, Fed comments
Wall Street’s main stock indexes opened lower on Thursday (Oct 30) after mixed earnings reports from large technology firms and comments…
Business
Mastercard quarterly profit rises as transaction volumes hold strong
Mastercard reported a jump in third-quarter profit on Thursday (Oct 30), as sustained consumer spending boosted payment volumes on its…
Business
Yangzijiang Financial receives conditional approval to list YZJ Maritime
It also discloses that it has further capitalised some US$1.5 billion of receivables from its maritime investment segment Yangzijiang…
Business
How Did Pierre Robert Die? Beloved Philadelphia DJ Dies Suddenly Aged 70 as Tributes Pour in from All Corners
Beloved radio DJ Pierre Robert, who was a familiar voice on Philadelphia's airwaves for nearly 50 years, has died at the age of 70. Robert…
Business
BYD profit declines for second straight quarter
Net profit hits 7.8 billion yuan as revenue slips 3.1%, marking first decline in five years — Chinese electric vehicle maker BYD posted a…
Business
BYD reports biggest quarterly profit fall in over four years
The consecutive quarterly profit fall comes amid intensifying competition at home market — Chinese electric vehicle maker BYD’s…
Business
AirAsia plans up to US$600 million bond to cut borrowing cost: sources
The Malaysian budget carrier operator is targeting a coupon rate of below 10% for the proposed note AirAsia Aviation Group plans to raise…
Business
Singapore’s gold investment leaps 47% in Q3; global demand hits record high
Local demand for gold bars and coins rises 47%, but jewellery consumption slumps 8% Strong investor appetite in Singapore, which resulted…
Business
Buying of gold bars, coins in Singapore leaps 47% in Q3; global demand hits record
Local demand for gold bars and coins rises 47%, but jewellery consumption slumps 8% Strong investor appetite in Singapore, which resulted…
Business
Singapore’s gold buying spree fuels 47% sales jump in gold bars, coins as global demand hits record
Local demand for gold bars and coins rises 47%, but jewellery consumption slumps 8% Strong investor appetite in Singapore, which resulted…
Business
Wilmar posts US$347 million Q3 loss on 11.9 trillion rupiah graft penalty; core profit jumps 71%
Revenue is up 7.4% at US$19 billion; all sectors enjoyed stronger operational results Singapore-based agribusiness group Wilmar…
Business
Wilmar posts US$347.7 million Q3 loss on 11.9 trillion rupiah graft penalty; core profit jumps 71%
Revenue is up 7.4% at US$19.1 billion; all sectors enjoy stronger operational results Singapore-based agribusiness group Wilmar…