Business
Trump Media buys US$2 billion in Bitcoin for crypto treasury plan
Trump Media & Technology Group, the firm behind Truth Social, has acquired about US$2 billion in Bitcoin and related securities as part of…
Tag
Plan
Business
UK to create new water regulator in plan that gives hope for stricken Thames Water
Britain said on Monday (Jul 21) it would overhaul water regulation to better protect the environment, investors and consumers, after an…
Business
RHB Bank’s Singapore unit key to regional growth plan, targets
Singapore, part of Malaysia’s fourth-biggest banking group RHB, will be key in driving its regional expansion plans and help meet targets…
Business
Citigroup shares hit highest since 2008 after profit beat, buyback plan
Citigroup’s shares briefly touched their highest since the 2008 financial crisis after the bank beat Wall Street estimates for…
Unsorted
Oracle to advance Indonesia cloud services plan
It will lease DayOne’s data centres located at Nongsa Digital Park on the Indonesian island of Batam Oracle will partner with DayOne Data…
Business
Richard Li’s China insurance expansion talks stall amid backlash to father’s port sale plan
The discussions were suspended shortly after the port sale was announced in early March Billionaire Richard Li’s efforts to expand his…
Business
Hong Leong Asia unit imposes equity incentive plan of 1.8 million shares at US$0.10 apiece
Its aim is to create opportunities for directors and employees of CYI and its subsidiaries to participate in its equity Hong Leong Asia on…
Business
Intel cuts over 500 jobs in Oregon as part of layoff plan
Hillsboro, a suburb of Portland, is home to some of Intel’s biggest factories and research centres Intel is cutting more than 500…
Business
New Economic Plan, Old Economic Folly
The protectionist agenda of national conservatives strikes me as nonsensical. Source link
Business
Micron sees new Singapore plant as key in plan to meet rising demand for AI-enabling chips
A new will underpin Micron Technology’s plans to produce advanced semiconductors needed for artificial intelligence (AI) applications. The…
Business
Two Chinese chip firms plan 12 billion yuan IPOs, bet US export curbs to spur growth
Two Chinese artificial intelligence chip startups are seeking to raise a combined 12 billion yuan (S$2.1 billion) in initial public…
Business
Global banks may push back on RBI’s offshore swap reporting plan
Bankers have held discussions through global financial market industry associations, which are expected to submit formal feedback to the…
Business
Masayoshi Son hints at succession plan while chasing AI ambition
Masayoshi Son acknowledged the outlines of a succession plan, addressing what may be the single biggest concern among investors, and…
Business
Wall Street forecasts windfall for big US banks from Fed plan to ease leverage rule
Large US global banks can expect as much as US$6 trillion in additional balance sheet capacity and billions in freed up capital under a…
Business
US Federal Reserve releases plan to relax key bank capital rule
The US Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more…
Business
Jensen Huang starts selling Nvidia stock under US$865 million plan
IA Corp chief executive officer Jensen Huang has started selling the chipmaker’s stock, his first transactions under a plan that allows…
News
Slain ‘Project Runway’ Star’s Friends Plan Public Tribute, Finish Bride’s Wedding Dress
One week after the former “Project Runway” contestant Arthur Folasa “Afa” Ah Loo was the victim of a fatal shooting during a “No Kings”…
Business
Nvidia and Foxconn Plan to Deploy Humanoid Robots in New Houston AI Server Factory
Taiwan's Foxconn (2317.TW) and U.S. artificial intelligence chipmaker Nvidia (NVDA.O) are in discussions to deploy humanoid robots at a…
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JD.com billionaire unveils turnaround plan after five-year slump
JD.com founder Richard Liu vowed to speed up an overseas foray and compete with Meituan in new arenas from food delivery to travel,…
Business
Thai Airways exits debt restructuring plan with court approval
Thai Airways International won court approval to exit a debt restructuring programme, paving the way for resumption of trading in its…
Business
MAS order prompts unlicensed crypto exchanges to plan exit
A final warning from the Monetary Authority of Singapore (MAS) has prompted major crypto exchanges operating in the country without a…
Celebrity
Taylor Swift’s Master Plan
In retrospect, that Tumblr post might be one of the most important things that Swift has ever written. It has all the qualities of a good…
Business
Procter & Gamble to cut 7,000 jobs over two years in new restructuring plan
Procter & Gamble said on Thursday (Jun 5) it would cut 7,000 jobs, or about 6 per cent, of its total workforce over the next two years, as…
Unsorted
Hegseth Marks Pride With Plan to Rename Ship Named for Harvey Milk
Newark Mayor Ras Baraka is suing New Jersey’s acting Attorney General Alina Habba and a Department of Homeland Security special agent on…