Business
HP’s profit forecast suggests it can withstand tariff hit
HP gave a profit outlook for the current quarter that may beat expectations, showing firming demand for computers and interest in new…
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Business
Business
Who is Adam Raine? California Teen's Parents Sue OpenAI Over Son's Death by Suicide
A California couple is suing OpenAI, saying that the company's popular AI chatbot, ChatGPT, played a role in their teenage son's suicide.…
Business
Who Created Nano Banana? Sundar Pichai Confirms Google Behind Viral AI Image Tool Gemini 2.5 Flash Image
Google has finally revealed the source of the viral image generation tool "Nano Banana." On Sunday night, the company's chief executive,…
Business
CapitaLand Commercial C-Reit receives approval to list on Shanghai Stock Exchange
The listing is expected by Q4 and will raise about 2.1 billion yuan through the issuance of 400 million units CapitaLand Commercial C-Reit…
Business
TikTok owner ByteDance sets valuation at over US$330 billion as revenue grows: sources
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant…
Business
US: Wall St opens muted in countdown to Nvidia earnings
Wall Street’s main indexes opened flat on Wednesday (Aug 27) as investors awaited AI leader Nvidia’s results, which are expected to test…
Business
CapitaLand Ascott Trust acquires three rental housing properties in Japan for 4 billion yen
CapitaLand Ascott Trust (Clas) has acquired three rental housing properties in Japan for a total of 4 billion yen, said managers of the…
Business
Taiwan charges three with stealing TSMC 2nm secrets for Tokyo Electron
Taiwanese prosecutors on Wednesday (Aug 27) charged three people with stealing trade secrets relating to TSMC’s most advanced 2-nanometre…
Business
ChatGPT maker touts how AI benefits Californians amid safety concerns
OpenAI, the maker of popular chatbot ChatGPT, outlined how artificial intelligence is creating jobs and making Californians more…
Business
Tan Chong reverses from loss to HK$11.7 million profit in H1
Automotive group Tan Chong International posted a net profit of HK$11.7 million (S$1.9 million) for the first half ended Jun 30, reversing…
Business
Profit dives at China’s top food delivery firm Meituan amid intense competition
China’s leading food delivery group Meituan, reported on Wednesday (Aug 27) a fall of 89 per cent in second-quarter adjusted net profit as…
Business
Microsoft, Rolls-Royce Power Systems push treated vegetable oils to green Singapore’s data centres
Microsoft and Rolls-Royce Power Systems are pushing for the adoption of hydrotreated vegetable oil (HVO) as a sustainable backup fuel for…
Business
Singapore shares end flat amid Fed pressure and ahead of Nvidia earnings release
Local stocks ended Wednesday (Aug 27) unchanged while regional markets closed mixed, as investors weighed political pressure on the US…
Business
Vietnam's Textile Industry Breaks Records with Export Momentum
Vietnam's textile and garment industry is on track to meet an ambitious export target of US$47-48 billion by the end of 2025, driven by…
Business
Russians hoard record US$500 billion in banks lured by high rates
Russian households have amassed a record amount of bank deposits as they take advantage of historically high interest rates for savings…
Business
Hong Kong’s key rate climbs above 3% to pose risks for economy
If the gauge sustains above that level, it could have a negative impact on the economy Liquidity conditions in Hong Kong resumed…
Business
Cambricon briefly overtakes Moutai as China’s priciest stock
A leading Chinese chipmaker briefly replaced a top liquor giant as the country’s most expensive onshore stock, as investors doubled down…
Business
China tech giant JD.Com unit, two other firms plan US$1 billion Singapore Reit
[SINGAPORE/HONG KONG] The property investment arm of Chinese e-commerce giant JD.Com and two other firms plan to launch a Singapore-based…
Business
Nvidia Launches Jetson Thor Chip, The New Brain of Next-Gen AI Robots
Nvidia has announced the release of Jetson Thor, a new robotics computer that is set to serve as the brain of smart machines. The chip…
Business
Lego Bets on Asia as sales hit record and market share climbs
After posting record half-year sales figures on Wednesday (Aug 27), Lego said it would sustain its momentum by doubling down on the market…
Business
Elon Musk's xAI Sues Apple and OpenAI Over Alleged AI Monopoly
Elon Musk's artificial intelligence firm, xAI, has sued tech giants Apple and OpenAI for monopolizing the AI space through a series of…
Business
From vultures to defenders, Japan private equity deals head for record year
Take-private deals in Japan are likely to hit a record high this year, exceeding the US$40.3 billion total racked up in 2023, according to…
Business
FWD expands headquarters in biggest 2025 Hong Kong office lease
Insurance companies are the most willing to upsize their office space in the city Richard Li’s FWD Group Holdings signed a decade-long…
Business
China’s Ping An Insurance eyes more investment in high-yield, high-tech stocks, CEO says
China’s Ping An Insurance plans to further invest in shares to boost its portfolio return while staying cautious about Chinese economic…