Business
S-E Asia’s e-commerce platform gross merchandise value growth rate eases: report
South-east Asia’s total e-commerce platform gross merchandise value (GMV) grew at a slower rate of 12 per cent year on year in 2024, as…
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Business
Business
US: S&P 500, Nasdaq open near record peak as Micron results boost chip stocks
]NEW YORK] Wall Street’s S&P 500 and Nasdaq indexes opened near a record high on Thursday (Jun 26) as robust earnings from memory-chip…
Business
BITCH X RICH 2 Gets New Updates as Casts Spill on Major Character Spoilers
BITCH X RICH 2 cast members Kim Min Kyu and Won Kyu Bin have revealed they know how some of the new characters in the upcoming season will…
Business
Salesforce CEO says 30% of internal work is being handled by AI
Tech leaders have been increasingly vocal about the potential for AI to replace human workers Salesforce chief executive officer Marc…
Business
Amazon Web Services and Digital Industry Singapore launch programme to spur AI transformation
Amazon Web Services (AWS) and government agency Digital Industry Singapore (DISG) on Thursday (Jun 26) launched a programme to accelerate…
Business
What If Your Cloud Knew Exactly What You Needed? AI Copilots Are Getting Uncannily Close
With growing technology, cloud platforms are already becoming a big part of how businesses run their services, store data, and manage…
Business
Singapore stocks rise on Thursday amid mixed regional trading, STI up 0.3%
Local stocks ended higher on Thursday (Jun 26), amid mixed trading in the region. The benchmark Straits Times Index (STI) rose 0.3 per…
Business
Asian markets in full swing as investors shake off trade jitters
Trading desks across Asia are buzzing with excitement again, as the region shakes off tariff shocks and attracts investors with its solid…
Business
Singapore’s millionaire inflow to halve in 2025: report
Singapore will likely see a net inflow of 1,600 millionaires in 2025 – less than half the 3,500 that had been projected to move there in…
Business
China tech firms ramp up M&A deals with the blessing of Beijing
After a chastening crackdown that wiped billions off their value and forced top executives out of the public eye, China’s technology…
Business
Indonesia working on new e-commerce tax rule in bid to target 'shadow economy'
Indonesia is working on a new regulation that will require e-commerce platforms to collect and pass on sellers’ sales income in a bid to…
Business
AEM raises H1 FY2025 revenue guidance to up to S$195 million on pull-in of customer orders
It will provide guidance for the second half of the year when it reports its earnings on Aug 13 Semiconductor test solutions provider AEM…
Business
Top Glove Q3 profit slides 31% to RM34.7 million despite higher revenue
Malaysian glove maker Top Glove on Thursday (Jun 26) posted a net profit of RM34.7 million (S$10.5 million) for its third quarter ended…
Business
Japan hits M&A record of US$232 billion, driving Asia deals rebound
[TOKYO/HONG KONG] Japan is driving Asia’s mergers and acquisitions (M&A) rebound in 2025 with a record US$232 billion worth of deals in…
Business
Wall Street Today: Dow Drops, Nasdaq Rises as Investors Eye Fed Caution and Geopolitical Ease
The US markets took a breather on Wednesday, closing mixed after two days of strong gains. The Nasdaq gained 61 points, the S&P 500 was…
Business
Israel Labels Iran's Central Bank as Terror Entity Amid Rising Tensions
Israel has officially labelled Iran's Central Bank a terrorist entity, citing its alleged role in financing militant operations across the…
Business
Nvidia Becomes World's Most Valuable Company Again as AI Boom Lifts Stock
Nvidia stock soared to new heights on Wednesday, allowing the company to once again become the most valuable publicly traded firm in the…
Business
Bank of Korea overhauls repo framework amid changing liquidity conditions
The Bank of Korea (BOK) said it’s revamping its open market operation framework to increase its operational flexibility to manage…
Business
Asia: Stocks down with eyes on Mideast, dollar hit by Trump Fed comment
Most stocks fell on Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar dropped after…
Business
China opens first offshore gold vault and contracts in Hong Kong
The Shanghai Gold Exchange (SGE) has expanded outside mainland China for the first time, with the rollout of two new contracts and a…
Business
Mars US$36 billion Kellanova deal waved ahead by US regulator
Mars’ US$36 billion takeover of snack maker Kellanova was given the green light by the US Federal Trade Commission (FTC) on the same day…
Business
Indonesia’s yield curve may steepen as Bank Indonesia unwinds intervention
Indonesia’s sovereign yield curve is set to steepen as the central bank reduces its use of short-term rupiah securities, prompting a shift…
Business
Australia job vacancies bounce 2.9% in May quarter, ABS data shows
SYDNEY (Reuters) -Job vacancies in Australia rebounded in the May quarter, led by openings in the construction and professional sectors,…
Business
Civmec to acquire ship manufacturer Luerssen Australia for A$20 million
The aim of the deal is to solidify Australia’s sovereign shipbuilding capability Australian construction engineering company Civmec will…