Business
Chery is said to near Hong Kong listing as billion-dollar IPOs return to city
Chery Automobile is planning a Hong Kong initial public offering (IPO) that may raise about US$1.5 billion as early as next month,…
Swedan Margen
Swedan Margen contributes to Cosmopolitan Canada across fashion, style, culture, and entertainment.
The work spans trend coverage, cultural conversation, and stories drawn from the publication's editorial partners, with source attribution provided within individual articles where applicable.
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Business
Asia: Markets mixed after Nvidia earnings
N markets were mixed on Thursday after AI powerhouse Nvidia’s quarterly earnings beat expectations but its shares slipped over worries…
Business
ANZ bankers learn about job losses after e-mail error: report
The Melbourne-based bank is in the midst of a major restructure under new chief executive officer Nuno Matos Some ANZ Group Holdings…
Business
Temasek unit, Nexus ink deal to acquire stakes in Post Advisory
Post Advisory Group has reached a deal with Nexus Capital Management and a Temasek Holdings subsidiary that will reshape the ownership…
Business
Thai Airways may halt flight expansion plans on aircraft shortages
Thai Airways International may delay its flight and route expansion plans because the nation’s flag carrier has been unable to acquire…
Business
Gold holds ground as investors await US data for more Fed cues
Gold prices remained stable on Thursday (Aug 28), as market participants awaited US economic data due this week that could help shed…
Business
South Korea keeps rates unchanged as debt risks grow
South Korea’s central bank held policy interest rates steady for a second straight review on Thursday, amid concerns about financial…
Business
Bank of Korea holds for now, lays ground for rate cut after Fed
The Bank of Korea (BOK) paved the way for a possible interest rate cut after an expected move by the Federal Reserve next month while…
Business
Most Gen Zs lack retirement plans but overlook insurance: Prudential Singapore
While it is never too late or too early to start planning for retirement, about seven in 10 Gen Zs in the Republic aged 16 to 28 said they…
Business
Stocks to watch: CapitaLand Investment, CapitaLand Ascott Trust, Singapore Paincare
The following companies saw new developments that may affect trading of their securities on Thursday (Aug 28): CapitaLand Investment…
Unsorted
Chinese carmakers resist Beijing’s call to end brutal price war
China’s campaign to stamp out a ferocious electric vehicle (EV) price war seems to be having a limited effect, with all of the nation’s…
Business
Australia’s Lynas posts over 90% fall in annual profit; to raise A$750 million
RALIA’S Lynas Rare Earths posted a more than 90 per cent fall in its full-year profit on Thursday, hurt by depreciation from its…
Business
Google to invest additional US$9 billion in Virginia data centres
Alphabet’s Google is investing an additional US$9 billion in Virginia till 2026 to enhance cloud and artificial intelligence (AI)…
Unsorted
Trump Enters Uncharted Ground with the Federal Reserve | National Review
The legal landscape in deciding when presidents can fire Fed governors is surprisingly unsettled. Source link
Business
Air New Zealand full-year profit falls 15%, sees weakness ahead
The airline has been hamstrung by groundings due to extra maintenance on Pratt & Whitney and Rolls-Royce engines worldwide, and at one…
News
YouTube reaches short-term extension with Fox to prevent disruption
UBE and Fox said on Wednesday they have reached a short-term agreement that will keep Fox News, Fox Sports and other Fox channels…
Business
Qantas’ annual profit rises 15%
RALIAN carrier Qantas Airways reported a 15 per cent rise in full-year underlying profit on Thursday, driven by robust travel demand…
Business
Qantas’ annual profit beats estimates on strong travel demand
— RALIAN carrier Qantas Airways posted a better-than-expected annual underlying profit on Thursday, driven by robust travel demand across…
Business
Qantas posts second-highest annual profit on robust travel demand
AUSTRALIAN carrier Qantas Airways on Thursday posted its second-best annual underlying earnings and announced the highest full-year…
Business
Nvidia forecast shows decelerating growth after two-year boom
Nvidia, the world’s most valuable publicly traded company, gave a tepid revenue forecast for the current period, signalling that growth is…
Business
Oil edges up on US crude stocks drop, impact of US tariffs on India
Oil prices settled higher on Wednesday (Aug 27) after data showed a larger-than-expected drop in US crude inventories and as investors…
Business
Europe: Stoxx 600 closes higher, focus shifts to Nvidia results
Europe’s Stoxx 600 recovered slightly on Wednesday (Aug 27) after a sell-off in the previous session, as investors eyed political risks in…
Business
US: Stocks advance as markets gird for Nvidia results
Wall Street’s major indexes eked out gains Wednesday as markets braced for AI chip giant Nvidia’s financial results -- while awaiting…
Business
HP’s profit forecast suggests it can withstand tariff hit
HP gave a profit outlook for the current quarter that may beat expectations, showing firming demand for computers and interest in new…