Business
TSMC’s rise to push Taiwan past South Korea in key wealth gauge
The rapid appreciation of the Taiwanese currency this year is another factor that helps explain why the island’s GDP per capita has caught…
Section
Business
Business
AvePoint jumps 4.4% at SGX mainboard trading debut
The company has listed 13.3 million shares at an offering price of S$19.50 apiece Cybersecurity company AvePoint’s shares rose 4.4 per…
Business
AvePoint rises 1% over offer price at SGX mainboard trading debut
The counter ends its first day on the bourse at S$19.70, with 760,400 shares changing hands AvePoint’s shares rose as much as 4.6 per cent…
Business
SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo say
The cuts mark the third round of layoffs at the Japanese investment conglomerate’s flagship fund since 2022 SoftBank Group will lay off…
Business
Apple’s higher prices give iPhone doubters reason for optimism
Apple’s latest iPhones did not dazzle with new features, but investors are starting to look past that, seeing higher price tags on the…
Business
Stocks to watch: ComfortDelGro, Hongkong Land, Boustead Singapore, Rex International
The following companies saw new developments that may affect trading of their securities on Friday (Sep 19): ComfortDelGro: The transport…
Business
Bank of Japan to keep interest rates steady as tariff, US slowdown risks loom
The Bank of Japan is expected to keep interest rates steady on Friday, as policymakers seek more clarity on whether the economy can…
Business
Nvidia spent over US$900 million to hire Enfabrica CEO, license technology, CNBC reports
NVIDIA has spent over US$900 million to hire Enfabrica CEO Rochan Sankar and other staff at the artificial intelligence hardware startup…
Business
South Korea central bank to expand forward guidance on policy rate path
The Bank of Korea (BOK) plans to expand its forward guidance scheme by offering a dot plot of the likely path of future interest rates to…
Business
Zijin Gold seeks HK$25 billion in world’s biggest IPO since May
The gold producer is coming to market at a time prices of the precious metal extend their rise, it broke another record this week Zijin…
Business
FedEx sees sales growth in sign of parcel demand rebound
The company expects revenue to grow by as much as 6% this year compared with a 1.2% average gain forecast by analysts FedEx reinstated its…
Business
Oil prices settle lower, US economic concerns outweigh Fed rate cut
Oil prices eased on Thursday, settling lower as traders remained worried about the US economic outlook a day after the US Federal Reserve…
Business
Europe: Chip-led technology rally drive Stoxx 600 higher after Fed rate cut
EUROPEAN shares ended on Thursday on a strong note in a chipmaker-driven rally, further powered by the resumption of the US Federal…
Business
US: Stocks end at record highs after Fed rate cut, Nvidia-Intel deal
US EQUITY indices finished at fresh records on Thursday following the Federal Reserve’s first interest rate cut of 2025 while Intel surged…
Business
Singapore UOB Raises Vietnam's 2025 Growth Forecast to 7.5%
The Vietnam News Agency said on Thursday, September 18, that Singapore's United Overseas Bank (UOB) increased its 2025 GDP growth…
Business
Boustead’s proposed Reit listing has portfolio value of S$1.9 billion
The portfolio will comprise 23 logistics and industrial properties – 21 in Singapore and two in Japan Boustead Singapore said on Thursday…
Business
Intel shares soar as Nvidia embrace brings it into the AI boom
Intel shares have skyrocketed after Nvidia announced plans to invest in and partner with the company, sparking hope that the old chipmaker…
Business
US: Wall St opens higher after Fed indicates more rate cuts
Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate…
Business
Nvidia invests US$5 billion in Intel, plans to co-design chips
Nvidia Corp agreed to invest US$5 billion in Intel and said the two will co-develop chips for PCs and data centres, a surprise move to…
Business
BOE holds rates at 4%, keeps cautious stance on future cuts
Policymakers also voted to reduce the pace at which the BOE is reducing its government bond holdings The Bank of England held interest…
Business
Logistics provider GLP preparing to list China business in 2026
LOGISTICS company GLP is seeking to list its China business in an initial public offering (IPO) next year, said its backer Hopu Investment…
Business
New partnership to develop autonomous tech for construction equipment
Japan-based deep-tech startup TIER IV, as well as Komatsu and Earthbrain have partnered to develop technologies for automating…
Business
Longtime Saks Shoe Force Will Cooper Is Exiting the Company
Saks veteran Will Cooper is exiting the company after two decades. A Saks Global spokesperson confirmed the move late Wednesday, noting…
Business
Any TikTok Deal Must Separate It from China | National Review
The administration, having long flouted the law, now appears poised to evade it permanently. Source link