Business
Tesla Signs $16.5 Billion Chip Deal with Samsung to Power Next-Gen AI Plans
Tesla has signed a $16.5 billion deal with Samsung Electronics for the production of next-generation AI6 chips, CEO Elon Musk confirmed on…
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Deal
Business
Asian Stocks Decline on Growing Trade Deal Concerns, Oil Prices RIse
Asian stock markets dropped on Tuesday as investors grew concerned about the effects of a new U.S.-EU trade agreement. Although the deal…
Business
US dollar jumps most since May after US and EU reach trade deal
The US dollar jumped the most since early May, putting it on track for its first monthly gain this year, as a trade deal between the US…
Business
Harley Davidson nears financing unit deal with Pimco, KKR
Harley-Davidson is in advanced talks to sell a stake in its financing unit as well as its existing motorcycle loan portfolio in a deal…
Business
Europe: Shares close lower as US-EU trade deal draws mixed response
EUROPEAN shares pulled back from a four-month high and settled Monday’s choppy session marginally lower as investors weighed the…
Business
Global Markets Surge as US-EU Trade Deal Eases Investor Anxiety
The global stock benchmarks opened the week with firm gains, driven by a return of investor risk appetite after progress on trade talks…
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US: S&P, Nasdaq open at record highs on US–EU deal optimism
The S&P 500 and the Nasdaq opened at record highs on Monday as a US-EU trade agreement boosted investor sentiment, kick-starting a pivotal…
Business
Asia: Most markets rise, euro boosted after EU strikes US trade deal
Most stock markets rose with the euro on Monday after the European Union and United States hammered out the “biggest-ever” deal to avert a…
Business
Oil rises as US-EU deal lifts trade optimism
Oil prices rose on Monday after the US reached a trade deal with the European Union and may extend a tariff pause with China, reducing…
Business
Musk says Tesla, Samsung Electronics sign US$16.5 billion chip supply deal
Tesla CEO Elon Musk said the US automaker had signed a US$16.5 billion deal to source chips from Samsung Electronics, a move expected to…
Business
Investors revive interest in CK Hutchison despite deal delay
Investors are regaining enthusiasm for CK Hutchison Holdings despite a delay in the company’s plan to sell 43 ports, with optimism fuelled…
Business
Philippine energy giant Citicore Renewable eyes Cambodia, Myanmar after Pertamina deal
Philippines-listed Citicore Renewable Energy (CREC) is making its regional play while the sun shines, powered by a recent tie-up with…
Business
Singapore eyes breakthrough in landmark regional clean-power deal by October: EMA chief
The Republic hopes that talks on how to charge for clean electricity flowing across four South-east Asian nations could be finalised by…
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Erin Andrews Inks Deal With WWE for Women’s Fan Gear
Erin Andrews is bringing her fashion aesthetic to the wrestling world. The sportscaster has signed a deal with the World Wrestling…
Business
Deutsche Bank beats profit expectations despite deal slump, strong euro
Deutsche Bank returned to a better-than-expected profit in the second quarter from a loss a year ago as trading earnings helped offset…
Business
Asia: Markets extend gains on US trade deal hopes
Asian markets extended the week’s gains on Thursday on optimism other countries will follow up Japan’s US trade deal with ones of their…
Business
Japan trade deal sparks hope for US investors, frustration for automakers
Shares of General Motors, Ford Motor and Jeep-maker Stellantis, some of the biggest automakers in the US, rallied on Wednesday after news…
Business
Japan’s Topix hits record high in trade deal afterglow
— Japan’s Topix iindex rose to a record high on Thursday and the Nikkei share average hit a new one-year peak, as stocks rallied for a…
Business
Europe: Automakers propel shares to two-week highs on US-EU trade deal optimism
EUROPEAN shares closed near two-week highs on Wednesday, led by automakers, as investors anticipated a possible agreement between the…
Business
Germany's BASF and Canada's AltaGas agree deal to provide butane
A logo of the chemical company BASF is seen on a large storage container at the main plant. Uwe Anspach/Deutsche Presse-Agentur GmbH/dpa A…
Business
US: Wall Street opens higher as US-Japan trade deal lifts sentiment
Wall Street opened higher on Wednesday (Jul 23) after President Donald Trump struck a trade deal with Japan, shoring up expectations of…
Business
Markets Rally on Surprise US-Japan Trade Deal; Investors Await EU Talks, Earnings Reports
Asian markets climbed after President Donald Trump said that he had struck a trade deal with Japan. The deal shrinks tariffs on Japanese…
Business
BOJ sees trade deal as raising chance of meeting inflation goal
Japan’s trade deal with the US has reduced uncertainty surrounding the economy, the central bank’s deputy governor Shinichi Uchida said,…
Business
Asia: Tokyo’s Nikkei leads rally after Japan-US trade deal
Tokyo stocks rallied with the yen on Wednesday after Japan and the United States finally hammered out a trade deal to slash Donald Trump’s…