News
Europe: Stocks end higher as LVMH drives luxury rally
[ad_1] EUROPEAN stocks closed higher on Wednesday as France’s LVMH sparked a rally in luxury goods groups and eased concerns that slowing global growth and tariffs are hurting corporate health.LVMH shares...
Bank of England will lift stablecoin limits once threat to economy eases
[ad_1] The UK central bank will launch a consultation on the regulation for coins that are deemed systemically important by the end of the year[LONDON] The Bank of England (BOE)...
Walmart on path to trillion-dollar status after OpenAI alliance
[ad_1] [NEW JERSEY] Walmart is on track to join the “elite” crop of companies with a trillion-dollar valuation, after its announced partnership with OpenAI powered the stock to a record...
Q&M proposes to buy interest in dental group in Thailand
[ad_1] Purchase consideration will be satisfied by a combination of cash and new ordinary shares[SINGAPORE] Q&M Dental Group is proposing to acquire equity interest in a dental group in Thailand,...
Bank of America beats profit estimates on dealmaking strength
[ad_1] It reported a net income of US$8.5 billion, or US$1.06 per share, in the three months ended Sep 30[WASHINGTON] Bank of America beat Wall Street estimates for profit, benefiting...
Morgan Stanley’s profit beats estimates on boost from dealmaking, stock trading
[ad_1] [BENGALURU / NEW YORK] Morgan Stanley’s third-quarter profit beat market expectations as investment bankers brought in more fees from advising on deals and by underwriting stock and debt sales,...
BlackRock, Nvidia-backed group including Temasek strikes US$40 billion data centre deal to fuel AI boom
[ad_1] The deal underscores the rush to build costly infrastructure essential for powering advanced AI models[NEW YORK] An investor group including BlackRock, Microsoft and Nvidia is buying one of the...
BlackRock, Nvidia-backed group strikes US$40 billion data centre deal to fuel AI boom
[ad_1] The acquisition follows a slew of mega-deals focused on securing coveted compute capacity[NEW YORK] An investment consortium that includes BlackRock, Nvidia, xAI and Microsoft will acquire Aligned Data Centers...
Huawei affiliates parade products that fuel China chip ambitions
[ad_1] [SHENZHEN] Huawei Technologies’ key partners are showcasing a dizzying array of products from software to chip gear, just days after US President Donald Trump threatened more curbs on China’s...
Aztech Global Q3 profit falls 21.2% to S$10.8 million on lower demand
[ad_1] [SINGAPORE] Aztech Global’s net profit fell 21.2 per cent to S$10.8 million for the third quarter ended Sep 30, from S$13.7 million in the previous corresponding period.Revenue for the...
