News
OpenAI is so yesterday — even for SoftBank
[ad_1] Global markets pivot from AI model makers to chipmakers tied to the data-centre boomSOFTBANK Group founder Masayoshi Son is known for making audacious multibillion-US dollar bets. Some acquisition deals,...
Sun Life quarterly profit jumps on Asia business strength
[ad_1] Canadian insurers have aggressively invested in Asia to capture market share in fast-growing markets and diversify their revenue basePublished Thu, May 7, 2026 · 08:31 AM[BENGALURU] Sun Life reported...
Arm forecasts higher-than-expected revenue on surging AI data centre demand
[ad_1] The company generates revenue by licensing its technology to companies such as Nvidia and ApplePublished Thu, May 7, 2026 · 07:53 AM[BENGALURU] Arm Holdings forecast first-quarter revenue above Wall...
UOB aims to double wealth income to at least S$2.5 billion by 2030; Q1 profit slips 4%
[ad_1] CEO Wee Ee Cheong says the completion of its Citi integration gives the bank a ‘long runway’ for organic wealth growth across Asean[SINGAPORE] UOB has set a target of...
China’s Midea Group raises US$2.2 billion in convertible bond sale
[ad_1] Bonds that convert into stock find a sweet spot when interest rates and volatility are highPublished Thu, May 7, 2026 · 06:56 AM[HONG KONG] Chinese appliance maker Midea Group...
Europe’s Stoxx 600 up over 2% on Iran deal optimism; earnings in focus
[ad_1] Money markets are currently pricing in a 67.6% chance that the European Central Bank hikes rate at its June meetingPublished Thu, May 7, 2026 · 05:33 AM[BENGALURU] Europe’s Stoxx...
If you’re an iPhone user, you could get $95 from this Apple settlement
[ad_1] Some iPhone users could be eligible to collect up to $95 per device as part of a settlement over allegations that Apple misled consumers about the abilities of its...
Crypto exchange Coinbase to lay off 14% of staff as AI reshapes work
[ad_1] Cryptocurrency exchange Coinbase said it’s slashing roughly 14% of its workforce or about 700 workers, partly because artificial intelligence is reshaping the way people work.“The biggest risk now is...
Google, Nvidia and other tech titans sign AI deal with the Pentagon
[ad_1] Eight technology companies, including Google, Nvidia and SpaceX, have struck deals with the Pentagon to help the U.S. military gain an edge on the battlefield.“These agreements accelerate the transformation...
Commentary: This year’s Met Gala proved one thing: The real devil who wears Prada is Jeff Bezos