Business
China’s cyberspace regulator questions Nvidia over AI chip privacy risks
China’s cyberspace regulator said that it has asked US semiconductor maker Nvidia to explain whether its H20 artificial intelligence (AI)…
Section
Business
Business
China flags concerns over potential security risks in Nvidia’s H20 chips
China raised concerns over potential security risks in Nvidia’s H20 artificial intelligence chip, casting uncertainty over the US…
Business
Singapore, Asia stocks with high yields, growth potential highlight of JP Morgan Asset Management’s fund strategy
JP Morgan Asset Management (JPMAM) intends to focus on small- and mid-cap (SMID) Singapore stocks, as well as high-yielding markets in the…
Business
S’pore, Asia stocks with high yields, growth potential focus of JP Morgan Asset Management’s MAS EQDP fund strategy
JP Morgan Asset Management (JPMAM) intends to focus on small- and mid-cap (SMID) Singapore stocks, as well as high-yielding markets in the…
Business
S’pore, Asia equities with high yields, growth potential focus of JPPAM’s MAS EQDP fund strategy
JP Morgan Asset Management (JPMAM) intends to focus on small- and mid-cap (SMID) Singapore stocks, as well as high-yielding markets in the…
Business
S’pore, Asia equities with high yields, growth potential focus of JPMAM’s MAS EQDP fund strategy
JP Morgan Asset Management (JPMAM) intends to focus on small- and mid-cap (SMID) Singapore stocks, as well as high-yielding markets in the…
Business
Singapore, Asia equities with high yields, growth potential focus of JPMAM’s MAS EQDP fund strategy
JP Morgan Asset Management (JPMAM) intends to focus on small- and mid-cap (SMID) Singapore stocks, as well as high-yielding markets in the…
Business
SocGen lifts targets after French retail rebounds sharply
Societe Generale (SocGen), France’s third-largest listed bank, raised its annual profit target on Thursday (Jul 31) after a strong rebound…
Business
Lufthansa reports higher-than-expected Q2 earnings
Lufthansa on Thursday reported better second-quarter results than expected, boosted by low oil prices and currency effects, and confirmed…
Business
StanChart sets US$1.3 billion buyback as first-half profit outstrips forecasts
Standard Chartered (StanChart) reported on Thursday (Jul 31) a higher-than-expected 26 per cent jump in first-half pretax profit, as a…
Business
StanChart sets US$1.3 billion buyback as H1 profit outstrips forecasts
Standard Chartered reported on Thursday (Jul 31) a higher-than-expected 26 per cent jump in first-half pre-tax profit, as a strong…
Business
Family office for Hong Kong’s richest builds out hedge fund team
A money manager for some of Hong Kong’s richest families is building a hedge fund team to allocate money away from private equity after…
Business
Bank of Japan offers cautiously upbeat view, keeps rates steady
The Bank of Japan kept interest rates steady on Thursday and offered a cautiously optimistic view on the economic outlook, after Tokyo’s…
Business
Bank of Japan turns less gloomy on economy, keeps rate-hike chance alive
The Bank of Japan (BOJ) revised up its inflation forecasts on Thursday (Jul 31) and offered a less gloomy outlook on the economy than…
Business
Asia: Most markets down as Fed holds and Trump announces fresh tariffs
Asian markets mostly fell on Thursday while the dollar held most of its gains as traders weighed a cautious Federal Reserve with strong…
Business
Richest Thai sees US$10 billion hydro, LNG projects driving growth
Construction on a US$1 billion LNG import terminal project, Thailand’s third, will start later this year before commercial operations are…
Business
OpenAI hits US$12 billion in annualised revenue, The Information reports
GPT-MAKER OpenAI roughly doubled its revenue in the first seven months of the year, reaching US$12 billion in annualised revenue, The…
Business
Macquarie ‘Millionaires Factory’ put at risk by investor revolt
[SINGAPORE/MELBOURNE] Macquarie Group’s long vaunted money-making machine for top bankers is showing signs of strain. Known as the…
Business
Seatrium falls 5.4% after fines, despite strong H1 results
The company announced on Wednesday (30 Jul) it was to pay S$240 million in financial penalties Shares of Seatrium dived 5.4 per cent…
Business
Seatrium shares tumble 5.4% after fines, despite strong H1 results
The company will pay S$240 million in financial penalties to settle corruption offences Shares of Seatrium dived 5.4 per cent shortly…
Business
Keppel shares up 5.5% on H1 earnings growth and plan to divest S$14.4 billion of non-core assets
Year to date, it is up 25.1% from its closing price on the last trading day of 2024 Shares of Keppel rose on Thursday (Jul 31) morning…
Business
Keppel shares up 6.1% on H1 earnings growth and plan to divest S$14.4 billion of non-core assets
Shares of Keppel rose on Thursday (Jul 31) morning after the asset manager said H1 net profit grew 24.2 per cent and that it planned to…
Business
Keppel shares up 6.1% on H1 earnings growth, share buyback and asset divestment plans
Shares of Keppel rose on Thursday (Jul 31) morning after the asset manager posted a 24.2 per cent rise in H1 earnings, a S$500 million…
Business
Keppel shares up 6.8% on H1 earnings growth, share buyback and asset divestment plans
Shares of Keppel rose on Thursday (Jul 31) morning after the asset manager posted a 24.2 per cent rise in H1 earnings, a S$500 million…