Business
US: Wall Street indexes post record closing highs as Nvidia jumps, megacap earnings ahead
All three major US stock indexes posted record closing highs again on Tuesday as Nvidia shares gained following news it will build…
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Business
Business
Visa quarterly profit rises on strong transaction volumes
Visa reported a rise in fourth-quarter adjusted profit on Tuesday (Oct 28), as strong consumer spending helped the global payments…
Business
Europe: Shares pause after record rally; earnings, US-China trade in focus
EUROPEAN shares retreated on Tuesday, after three consecutive sessions of record highs, as investors shifted their focus to corporate…
Business
Nvidia CEO rebuts fears of AI bubble as he lines up partners
Nvidia chief executive officer Jensen Huang announced a flurry of new partnerships and dismissed concerns about an AI bubble, saying the…
Business
Moncler Group Proves Resilient, Posts a Better-than-expected Performance in Q3
MILAN — Moncler Group posted a resilient performance in the first nine months of the year, buoyed by sales in China and the Americas. For…
Business
From Policy to Profit: How Retirees Can Use Life Settlements to Fund New Investments
For many retirees, the idea of selling a life insurance policy sounds unusual at first. After all, life insurance has long been viewed as…
Business
Meet Ella Titus: The Designer Behind Vellachor
“Vellachorisrootedinclassicart,antiques,romanceandnostalgia“thinkfearless pieces that make you feel powerful, confident, and totally…
Business
Nvidia to invest US$1 billion in Nokia in AI networking push
Nvidia Corp. plans to make a US$1 billion equity investment in Nokia Oyj, an apparent vindication of the Finnish company’s pivot from…
Business
Temasek-backed consortium to take China’s ANE private at HK$14.33 billion valuation
[SINGAPORE/HONG KONG] ANE (Cayman) said on Tuesday (Oct 28) a consortium comprising its largest shareholder, Singapore’s Temasek Holdings,…
Business
Uber to plan investments in Hong Kong listings of Pony AI, WeRide
UBER Technologies is planning to invest in the Hong Kong listings of Pony AI and WeRide, according to people familiar with the matter,…
Business
US: Wall St opens at record highs, spotlight on corporate earnings
Wall Street’s main indexes opened at record highs on Tuesday (Oct 28) after upbeat forecasts from companies such as UnitedHealth and UPS,…
Business
Apple races past US$4 trillion market value as latest models revitalise iPhone sales
Apple topped US$4 trillion in market value for the first time on Tuesday (Oct 28), the third Big Tech company to hit the milestone, as…
Business
HSBC Forecasts Robust 7.9% GDP Growth for Vietnam in 2025
Vietnam's GDP is predicted to grow 7.9 percent in 2025, according to a report published Tuesday by local media outlet VNExpress, which…
Business
PayPal raises earnings guidance after announcing OpenAI deal
PayPal Holdings raised its full-year earnings guidance and announced a tie-up with OpenAI to embed its digital wallet into ChatGPT,…
Business
First Reit’s 9-month distributable income falls 6.1% to S$34.8 million
Its DPU for period is S$0.0165, a 7.3% decline from same period in the prior year The manager of First Real Estate Investment Trust (Reit)…
Business
LHN’s co-living unit Coliwoo to offer 80.3 million shares at S$0.60 apiece in mainboard listing
The offering comprises a placement of 75 million placement shares to investors in Singapore and outside the United States as well as a…
Business
VF’s Q2 Profit Indicates Progress on Turnaround Plan
VF Corp. is progressing on its turnaround plan, besting Wall Street’s expectations in the second quarter. For the second quarter ended…
Business
UPS stuns Wall Street with strong profit and 34,000 job cuts
United Parcel Service (UPS) smashed Wall Street’s third-quarter profit expectations, sending its shares soaring and fuelling confidence in…
Business
Mapletree Logistics Trust Q2 DPU down 10.5% at S$0.01815
The manager of Mapletree Logistics Trust (MLT) announced that the distribution per unit (DPU) for the trust’s second quarter in its 2026…
Business
Mapletree Logistics Trust Q2 DPU falls to S$0.01815
The manager of Mapletree Logistics Trust (MLT) announced a distribution per unit (DPU) of S$0.01815 for the trust’s second quarter ended…
Business
Bank of China delivers 5% gain in profit as margin stabilises
Bank of China reported a 5 per cent increase in third-quarter profit, as the lender managed to stabilise its net interest margin despite…
Business
Musk launches Grokipedia, accusing Wikipedia of ideological bias
Elon Musk’s company xAI launched Grokipedia on Monday (Oct 27) to compete with online encyclopedia Wikipedia, which he has accused of…
Business
New AI lab focused on energy efficiency launched by Univers with Microsoft, AMD, NUS as partners
The resource and carbon management solution provider will bring in its AI and IoT solutions, and oversee the strategy, operations and…
Business
Ping An profit rises as stock rally lifts investment returns
Net income climbed to 132.9 billion yuan (S$24.2 billion), from 119.2 billion yuan a year earlier Ping An Insurance (Group) said profit…