Business
China’s AI chip boom fuels rallies in Cambricon, Alibaba shares
The mainland’s chip-focused gauge, better known as Star50, now trades at 57 times forward earnings, above its five-year average of 41 Chip…
Tag
fuels
Business
Nasdaq 100 gains as weak labour data fuels rate-cut bets
THE Nasdaq 100 rose on Thursday (Sep 4), closing 218.17 points, or 0.93 per cent higher, at 23,633.01, as investors digested…
Business
Thai bonds defy global drop as political crisis fuels rate bets
Thailand’s deepening political crisis is insulating its bonds from the global rout, as growing expectations of further interest-rate cuts…
Business
Asia: Stocks to gain as US CPI fuels Fed cut bets
STOCKS in Asia were set to track Wall Street higher after an in-line US inflation reading bolstered speculation the Federal Reserve will…
Business
Gold firms as soft US data pressures dollar, fuels rate-cut bets
Gold prices inched higher on Wednesday (Aug 13), supported by a weaker US dollar after tame US inflation data cemented bets for an…
Business
Private credit fuels a ‘buy now, pay later’ lending boom in Asia
Maria Hazel Regalado, a 48-year-old mother of four in the Philippines, needed a computer last year so she could work from home. Regalado,…
Business
Wall Street and Global Markets Rise as Weak Jobs Data Fuels Fed Cut Expectations
Global markets climbed for a second consecutive day on Tuesday, on optimism that the U.S. Federal Reserve could cut rates as early as next…
Business
Samsung’s big Tesla order fuels recovery bets despite chip woes
Samsung Electronics’ surprise US$16.5 billion chipmaking deal with Tesla has breathed new life into a foundry business all but written off…
Business
ASML orders beat expectations after AI spending fuels demand
ASML Holding’s orders in the second quarter beat estimates after the artificial intelligence (AI) boom drove demand for its sophisticated…
Business
Japan succession crisis fuels elevator empire 6,000% stock gain
Tucked away in Japan’s vast corporate landscape is a little-known elevator maintenance company which has built an empire by buying up…
News
Disinformation fuels support for Burkina Faso's junta leader in Nigeria
Kehinde Sanni spends his days smoothing out dents and repainting scratched bumpers in a modest autobody shop in Lagos. He has never left…
News
Not Suicidal: Virginia Giuffre's Past Tweet, Car Crash Days Before Suicide Fuels Conspiracy Theories
Virginia Giuffre, the woman who accused the late convicted sex offender Jeffrey Epstein and Prince Andrew of sexual abuse, has died by…
Business
Lenovo’s profit beats estimates as AI fuels PC recovery hopes
Investors are betting that PC makers from HP to Dell Technologies will benefit in 2025 as consumers pick up devices with more AI features…
Business
DeepSeek fever fuels patriotic bets on Chinese AI stocks
CHINESE investors are rushing into AI-related stocks, betting the artificial intelligence advance of home-grown startup DeepSeek will lead…
Business
Bank Indonesia’s 25% stake in bond market fuels liquidity fears
INVESTORS in Indonesia are growing increasingly wary about potential stress in the nation’s bond markets as the central bank ramps up debt…
Business
Americans will throw out 316 million pounds of food on Thanksgiving. Here's how it fuels climate change
Mexico City — Each day, an army of trucks delivers tens of thousands of pounds of fresh fruit and vegetables to Mexico City’s Central de…
Unsorted
Health Crisis Hits Iran: "Seriously Ill" Khamenei Fuels Succession Drama While Preparing for Retaliation Against Israel
As tensions between Iran and Israel escalate, reports suggest Iran's Supreme Leader, Ayatollah Ali Khamenei, is in poor health. According…