News
Circular AI boom goes global as Asia windfall funds hyperscalers
[ad_1] For much of North Asia, surging chip exports have overwhelmed the drag from higher energy prices stemming from the Iran warPublished Thu, May 21, 2026 · 02:21 PM[HONG KONG]...
Vietnamese EV maker VinFast’s move to shift US$7 billion in debt raises ‘red flags’
[ad_1] With the manufacturing unit off its books, the company will become largely debt-free, Vingroup saysPublished Thu, May 21, 2026 · 01:37 PM[HANOI] Over the last decade, Vietnamese electric vehicle...
Nvidia tells sceptical investors that AI is ready to go mainstream
[ad_1] Shareholders were not swayed by an expansion of investor rewards, including a massive increase to the company’s dividendPublished Thu, May 21, 2026 · 12:33 PMNVIDIA, facing more investor scepticism,...
Airbnb pushes beyond stays with luggage storage, car rentals, hotels
[ad_1] Published Thu, May 21, 2026 · 11:39 AM[NEW YORK] Airbnb will let guests arrange luggage storage, airport pickups and car and equipment rentals, its latest effort to expand beyond...
US Fed minutes show more policymakers open to a rate hike
[ad_1] The central bank policymakers see rising inflation risks, with rate hike possiblePublished Thu, May 21, 2026 · 10:14 AM[WASHINGTON] US Federal Reserve officials’ concerns about inflation being stoked by...
Gold steadies as hopes of US-Iran truce ease rate-hike bets
[ad_1] Published Thu, May 21, 2026 · 09:22 AM[SINGAPORE] Gold was little changed as optimism over efforts to end the Middle East conflict eased bets on interest-rate hikes.Bullion was near...
SpaceX filing reveals US$4.28 billion loss, Elon Musk’s tight grip
[ad_1] The filing depicts a conglomerate with a maturity practically unheard of in a pre-IPO company[WASHINGTON] SpaceX filed publicly for what stands to be the largest-ever initial public offering, revealing...
Nvidia’s profit hits US$58.3 billion as AI boom gathers more steam
[ad_1] The chipmaker’s biggest problem appears to be meeting demand from its spendthrift tech industry customersPublished Thu, May 21, 2026 · 07:39 AM[SAN FRANCISCO] Another huge quarterly profit announced by...
Oil prices slide after Trump says US-Iran negotiations in ‘final stages’
[ad_1] The number of vessels crossing the strait remains well below the 130 or so ships that crossed daily before the warPublished Thu, May 21, 2026 · 06:14 AM[NEW YORK]...
European shares end near two-week highs on defence, tech boost
[ad_1] Global investors are keen on artificial intelligence bellwether Nvidia’s resultsPublished Thu, May 21, 2026 · 05:40 AM[BENGALURU] European shares finished near two-week highs on Wednesday (May 20), aided by...
