Business
Shares in Japanese, South Korean automakers surge on Tokyo trade deal
Shares of Japanese and South Korean automakers surged on Wednesday after US President Donald Trump announced a trade deal with Tokyo that…
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Deal
Business
Vietnam stocks near record on reform hopes, trade deal optimism
Vietnam’s stock benchmark is closing in on a record high, fuelled by optimism over sweeping political reforms and clarity on a trade deal…
Unsorted
Indonesia plans US$8 billion refineries contract with US firm amid tariffs deal: sources
Indonesian sovereign wealth fund Danantara plans to sign a US$8 billion engineering, procurement and construction contract with US…
Business
China’s Cosco eyes veto rights in deal for Li Ka-shing’s ports
China’s biggest shipping company is set to join the global consortium that’s acquiring Hong Kong tycoon Li Ka-shing’s overseas ports, and…
Business
Oracle in talks for US$100 million Skydance-Paramount cloud deal
Oracle is in discussions with Skydance Media for a major software deal once the media company’s acquisition of Paramount Global is…
Business
UN talks with rival leaders of Cyprus fail to reach deal on new border crossings
UNITED NATIONS (AP) — The United Nations chief said Thursday that he would have liked more results from his meetings with the rival…
Business
China threatens to block Panama ports deal unless its shipping giant gets stake: report
Chinese officials have told BlackRock, MSC and Hutchison that if Cosco is left out of the deal, Beijing would take steps to block…
Business
Uber to invest US$300 million in EV maker Lucid as part of robotaxi deal
Uber will invest US$300 million in electric vehicle maker Lucid in a robotaxi deal that aims to start with one major US city late next…
Business
Europe: Shares fall on healthcare, financials drag; focus on US-EU trade deal
EUROPEAN shares ended lower on Tuesday, dragged down by heavyweight financial and healthcare stocks as investors awaited news on a…
Business
UK agrees deal with Vietnam to remove pharmaceutical trade barriers
Britain said it would strike an agreement with Vietnam to make it easier for pharmaceutical firms to sell UK-made medicines in the…
News
Most Israelis favor single-phase deal to return hostages, end Gaza war
The survey found that 74% of respondents back such a deal, while 12% oppose an agreement that would bring the war to a close. A strong…
Business
Google Ropes-in Windsurf AI Talent on Board in $2.4 Billion Tech Licensing Deal Without Taking Ownership
The hiring spree of top talent among the tech giants is gaining momentum as companies leave no stone unturned in the race to further…
Business
Asia: Stocks mostly rise on trade deal optimism
Asian markets mostly rose on Thursday on optimism that governments will hammer out deals to avoid the worst of US President Donald Trump’s…
Business
Merck nears US$10 billion deal for London-based lung therapy firm Verona, FT reports
Merck is nearing a US$10 billion deal to buy lung diseases focussed Verona Pharma, as the US drugmaker is eyeing deals to offset the…
Business
Nicole Miller Signs Deal With Tycoon Enterprises for Licensing Program in Mexico and Latin America
Nicole Miller is expanding its brand to Mexico and Latin America. The company has signed a new agent relationship with Tycoon Enterprises,…
Business
Australia’s Star Entertainment gets last-minute extension on threatened casino deal exit
Australia’s Star Entertainment said it had secured a last-minute reprieve from Hong Kong investors who had threatened to abandon their…
Business
Time to raise bets on Malaysia semiconductor stocks on expected ‘market-friendly’ trade deal: UOBKH
Malaysian stocks could score near-term wins as the US’ “softening stance” on tariffs is expected to bring about market-friendly trade…
News
Boeing and Justice Department seek judge’s approval for deal opposed by crash victims’ families
BOEING and the Justice Department on Wednesday asked a US judge to approve an agreement that allows the company to avoid prosecution…
Business
Asia: Stocks mixed as traders shrug at US-Vietnam trade deal
Stocks struggled in Asia on Thursday as investors gave a lukewarm reception to the US-Vietnam trade deal, while the dollar eased ahead of…
Business
US lifts chip design export curbs as part of new China deal
Software from Cadence and Synopsys is used to design everything from the highest-end processors for the likes of Nvidia and Apple to…
Business
Gold falls after US-Vietnam trade deal; US payroll data eyed
Gold prices declined on Thursday (Jul 3) after a US-Vietnam trade deal eased tensions, while investors awaited the US payroll data later…
Business
Oracle, OpenAI expand Stargate deal for more US data centres
OpenAI has agreed to rent a massive amount of computing power from Oracle data centres as part of its Stargate initiative, underscoring…
Business
US: S&P 500, Nasdaq end at record highs after US-Vietnam trade deal
The S&P 500 and Nasdaq ended at fresh records on Wednesday after President Donald Trump announced a trade deal with Vietnam, offsetting…
Business
SoftBank’s Ampere deal faces in-depth US probe in threat to AI ambitions
SoftBank Group’s US$6.5 billion acquisition of semiconductor designer Ampere Computing is facing a potentially lengthy probe by the US…