Business
AI job cuts debacle sees biggest Australia bank reverse tack
Commonwealth Bank of Australia (CBA) reversed a decision to cut 45 customer service roles due to new artificial intelligence (AI)…
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Business
Lithium market erupts as CATL shuts one of world’s biggest mines
Lithium prices and stocks spiked on Monday (Aug 11) after battery giant Contemporary Amperex Technology Co Limited (CATL) halted…
Business
Europe: Shares post biggest weekly gain in 12 powered by financials
European shares posted their biggest weekly gain in 12 weeks on Friday (Aug 8), as banking stocks continued to drive the benchmark index…
Business
Leading ladies: The women heading the biggest family-led hotels in Asia
Kuok Hui Kwong’s appointment as the new chief at Shangri-La Asia is only the latest in a string of women taking over the reins across…
Business
Europe: Shares post biggest jump in over two weeks; Ukraine ceasefire in focus
EUROPEAN shares logged their biggest daily rise in over two weeks on Thursday, boosted by financial stocks as investors weighed mixed…
Business
Elon Musk’s politics hit Tesla sales in Europe’s biggest car markets
Tesla’s new car registrations in Britain and Germany, Europe’s biggest auto markets, more than halved in July from a year earlier, as CEO…
Business
Asian credit gauges head for biggest two-day blowout since April
Any large move in US Treasury yields, over which most corporate US dollar bonds are priced, typically causes spreads to react around the…
Business
Europe: Shares log biggest daily drop since April after US tariffs hike
European stocks logged their biggest one-day drop in over three months on Friday (Aug 1), at the end of a busy week as investors grappled…
Business
Europe: Stocks close up; Novo Nordisk logs its biggest daily drop on record
EUROPEAN stocks closed higher on Tuesday, buoyed by financials and defence stocks, though Danish stocks logged their biggest one-day drop…
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The world’s biggest passenger planes keep breaking down
The world’s largest commercial passenger jet, the Airbus A380, enjoyed an unexpected resurgence hauling full loads of passengers when…
Business
$44.2 Million Drained from CoinDCX Crypto Exchange in the Biggest Crypto Heist of 2025
CoinDCX, one of the largest cryptocurrency exchanges in India, disclosed a significant security breach. Hackers stole approximately $44.2…
Business
Tiffany & Co.’s Biggest Store in Asia Bows in Tokyo
TOKYO — Tiffany & Co. is going big in Japan, as it opens its largest store in Asia on Friday. Located in the ritzy Ginza district of the…
Business
Investors should be excited about Singapore’s biggest Reit IPO in a decade – but not too excited
Japanese telco Nippon Telegraph and Telephone’s (NTT) NTT DC Reit is stirring up some excitement in Singapore’s floundering equities…
Business
New York City casinos could become world’s biggest, bidders predict
Bidders for three New York City-area casino licences are projecting revenue that would place them among the most lucrative resorts in the…
Business
NTT DC Reit launches biggest IPO of an S-Reit in over a decade, aims to raise US$773 million
The manager of NTT DC Reit said on Monday (Jul 7) that the real estate investment trust has launched its initial public offering (IPO)…
Business
‘Not perfect timing’: NTT DC Reit launches biggest S-Reit IPO in over a decade to raise US$773 million
The manager of NTT DC Reit believes the timing is “not perfect” for an initial public offering (IPO) as the market is still not stable.…
Business
‘No perfect timing’: NTT DC Reit launches biggest S-Reit IPO in over a decade to raise US$773 million
The manager of NTT DC Reit believes the timing is “not perfect” for an initial public offering (IPO) as the market is still not stable.…
Business
World’s biggest climate fund ramps up investment plans
The world’s biggest multilateral climate fund said it will make its largest ever series of investments and speed up dealmaking as it looks…
Business
MMC Port moves closer to launching Malaysia’s biggest IPO in 13 years
The port operator will not receive any proceeds from the initial public offering, but it is upbeat about its financial strength Port…
Business
Biggest US banks hike dividends, announce share buybacks after acing stress tests
US banking giants announced plans on Tuesday to raise their third-quarter dividends after clearing the Federal Reserve’s annual health…
Business
Japan’s NTT files billion-dollar Reit listing with MAS; IPO set to be SGX’s biggest in four years
Japanese telco Nippon Telegraph and Telephone (NTT) is spinning off some of its data centres into a Singapore-listed real estate…
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Intense heat to push biggest US grid’s power use to 12-year high
PJM’s demand growth is rebounding after languishing for the better part of a decade, as new data centres cropped up in Northern Virginia…
Business
The Biggest Counterfeit Sneaker Busts of All Time
Whether people buy them knowingly or unwittingly, counterfeit sneakers constitute a massive global industry. In 2023, total revenue for…
Business
Damage is done: China exports to US in May see biggest drop since Covid as trade flows reroute to Asean
While the US and China seemed to have avoided a devastating economic conflict with a framework agreement on Wednesday (Jun 11) after two…