News

US: S&P 500, Nasdaq open near record peak as Micron results boost chip stocks
[ad_1] Published Thu, Jun 26, 2025 · 09:44 PM]NEW YORK] Wall Street’s S&P 500 and Nasdaq indexes opened near a record high on Thursday (Jun 26) as robust earnings from...
Salesforce CEO says 30% of internal work is being handled by AI
[ad_1] Tech leaders have been increasingly vocal about the potential for AI to replace human workersPublished Thu, Jun 26, 2025 · 08:39 PM[NEW YORK] Salesforce chief executive officer Marc Benioff...
Asian markets in full swing as investors shake off trade jitters
[ad_1] [HONG KONG] Trading desks across Asia are buzzing with excitement again, as the region shakes off tariff shocks and attracts investors with its solid growth prospects. From stocks to currencies...
China tech firms ramp up M&A deals with the blessing of Beijing
[ad_1] [BEIJING] After a chastening crackdown that wiped billions off their value and forced top executives out of the public eye, China’s technology giants are back in favour and on...
China opens first offshore gold vault and contracts in Hong Kong
[ad_1] [SINGAPORE] The Shanghai Gold Exchange (SGE) has expanded outside mainland China for the first time, with the rollout of two new contracts and a bullion vault in Hong Kong.The...
Indonesia’s yield curve may steepen as Bank Indonesia unwinds intervention
[ad_1] [JAKARTA] Indonesia’s sovereign yield curve is set to steepen as the central bank reduces its use of short-term rupiah securities, prompting a shift in demand towards government bonds.The spread...
Civmec to acquire ship manufacturer Luerssen Australia for A$20 million
[ad_1] The aim of the deal is to solidify Australia’s sovereign shipbuilding capability[SINGAPORE] Australian construction engineering company Civmec will purchase Luerssen Australia from Naval Vessels Lurssen (NVL) Australia for A$20...
Foxconn nears deal to supply electric buses to Mitsubishi Fuso: report
[ad_1] The Japanese commercial automaker and Taiwanese chipmaker are looking to create a new company to oversee the buses, according to the reportPublished Thu, Jun 26, 2025 · 08:46 AM[BENGALURU]...
Stocks to watch: SIA, Sembcorp, Keppel, Cordlife, CapitaLand India Trust, Civmec, ASL Marine
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jun 26): Singapore Airlines (SIA): The national carrier announced in its annual report on...
Circle K owner misses estimates on lower fuel prices, demand
[ad_1] [TORONTO] Circle K owner Alimentation Couche-Tard slightly missed earnings estimates for its fiscal fourth quarter earnings because of lower fuel demand.The Canadian convenience store and fuel retailer earned 46...
China’s Xiaomi to launch first SUV as shares near record high
[ad_1] [HONG KONG] The unveiling of Xiaomi’s first electric SUV on Thursday (Jun 26) will showcase how the Chinese tech company has become an investor darling with its high-stakes bet...
SingPost halves sacked CEO Vincent Phang’s pay to S$616,400
[ad_1] [SINGAPORE] Former Singapore Post (SingPost) group chief executive Vincent Phang, who was dismissed over the mishandling of a whistleblower complaint, received S$616,400 in remuneration for the financial year ended...