Business
MiniMax shares surge 25% as optimism over Chinese AI firms grows
MiniMax Group shares surged in Hong Kong, buoyed by growing investor confidence in the technology offered by China’s generative artificial…
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Business
Roblox forecasts strong annual bookings as gaming platform momentum grows
Roblox forecast fiscal 2026 bookings of between US$8.28 billion and US$8.55 billion, above estimates OX forecast fiscal 2026 bookings…
Business
Private credit grows in Singapore as Australia’s IFM joins list
The move follows its partnership with the Australian government in October to pursue investment opportunities across South-east Asia…
Business
From Changi vaults to Asian markets, silver rallies even as caution grows
Heavy investor buying has pushed the metal into a persistent supply deficit despite softening industrial and jewellery demand From bullion…
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Billionaires’ wealth hits new peak as their clout grows: Oxfam
BILLIONAIRE wealth surged at three times its recent pace last year to reach its highest level on record, deepening economic and political…
Business
Toyota’s October output grows for fifth straight month on strong US demand
Toyota Motor said on Thursday its global production rose for a fifth consecutive month in October, lifted by strong US demand for hybrid…
Business
US: S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky
The S&P 500 and the Nasdaq closed higher on Monday, with artificial intelligence-related deals driving much of the gains even as the…
Business
Toyota’s September output grows for fourth stright month, aided by strong US demand
Toyota Motor on Monday said its worldwide production increased by more than 10 per cent in September and rose for a fourth straight month,…
Business
Toyota’s September output grows for fourth straight month, aided by strong US demand
Toyota Motor on Monday said its worldwide production increased by more than 10 per cent in September and rose for a fourth straight month,…
Business
Asian industries lift energy transition spending as demand grows
Asia expects to see power demand skyrocket in the coming years thanks to energy-intensive industries and growing populations in some…
Business
Australian pension funds to expand use of forex hedging as size grows
Australian pension funds will have to expand the use of foreign exchange hedging as the sector is likely to grow in size to become the…
Business
TikTok owner ByteDance sets valuation at over US$330 billion as revenue grows: sources
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant…
Business
A*Star biotech spin-off Mirxes trims losses to US$28.4 million as top line grows
Higher revenue is driven by increased contributions from its early detection and precision multi-omics segment Local biotech startup…
Business
Sats grows Q1 profit 9.1% to S$70.9 million with higher cargo, food service volumes
AIRLINE caterer Sats grew its Q1 earnings 9.1 per cent to S$70.9 million for the first quarter ended June, boosted by growth in aviation…
Business
Westpac profit grows 5% on margin lift and higher lending
Australia’s Westpac Banking on Thursday (Aug 14) said wider margins and lending and deposits gains helped it post slightly higher…
Business
China's Tencent revenue grows 15% in Q2 on strong gaming performance
It reported revenue of 184.5 billion yuan (S$32.9 billion), exceeding analyst estimates of 178.5 billion yuan Tencent reported…
Business
Macau casino bulls see stock rally extending as revenue grows
Eased travel policy and railway improvements are among the factors seen keeping the uptrend going Macau casino stocks are poised to…
Business
Trafigura’s buyback headache grows amid fresh wave of exits
A fresh wave of senior executive departures is heaping pressure on Trafigura Group’s commitment to buy back its employees’ shares, just as…
Business
Independent financial advisers gain ground as demand for holistic service grows
The life insurance market in Singapore has long been dominated by tied representatives from insurers and bank-affiliated advisers. But in…
News
Chinese carmakers vow to make timely supplier payments as backlash to price war grows
Major Chinese car manufacturers have pledged to make payments to suppliers within 60 days, responding to a recent outcry from steelmakers…
Business
Atome to get US$75 million from Lending Ark as credit demand grows
As traditional credit markets in the US and Europe falter, private credit investors are turning their attention to emerging markets, drawn…
Business
Zalando Grows Sales and Users in Q1, Named TikTok Shop’s Logistics Partner in Key Markets
PARIS – Zalando‘s ecosystem strategy is paying off with a strong first quarter, rebounding from losses in 2024. In the three months to…
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Nettspend Grows Up
“They definitely don’t got this watch,” he says, flashing his wrist. “It’s an A.P. Chandelier.” The first big thing he bought was a car…
Business
Citigroup targets social finance deals in Asia as demand grows
Citi led 76 transactions in Asia last year, raising US$2.4 billion, according to the bank CITIGROUP said it expects social finance funding…