News
Purchases of iPhone 17 Pro soar across Gaza amid 'limited' humanitarian aid
Friday's NBC report said that, due to the compactness of the phones, they can be imported into the Strip more efficiently than…
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Business
Nvidia partner Hon Hai’s sales soar in sign AI demand persists
Hon Hai Precision Industry’s revenue rose 26 per cent in November, suggesting demand for Nvidia servers remains strong during an AI…
Business
Metaoptics shares soar nearly 14% on proposed share placement
The proceeds are expected to strengthen the group’s financial position and expand its capital base to support a growing pipeline of global…
Business
OKP shares soar as much as 7.5% on proposed bonus share issue
Shares of industrial and civil engineering company OKP jumped as much as 7.5 per cent on news of its proposed bonus issue of up to 231.3…
Business
Couple rakes in US$9 billion as AI circuit board shares soar 530%
When Nvidia chief executive officer Jensen Huang hosted a private banquet for suppliers in Taiwan in May, the room was packed with some of…
Business
Amid AI frenzy, concerns mount over sustainability of equity rally as valuations continue to soar
The bulls say the AI boom is unlike the dotcom boom in that the main players this time are extremely profitable giants such as Microsoft,…
Business
‘Baby Shark’ producer Pinkfong shares soar in South Korea after IPO
The company says listing proceeds will fund new characters, premium animations and global pop-up stores Shares of South Korean…
Business
Shares of JB Foods, Food Empire soar on positive earnings
Shares of food exporters in Singapore JB Foods and Food Empire on Thursday (Nov 13) jumped significantly in early trade following their…
Business
OCBC shares soar 3.8% after posting Q3 earnings that beat expectations
Shares of OCBC jumped 3.8 per cent on Friday (Nov 7) morning after the release of its financial results for the third quarter ended…
Business
DBS shares soar more than 3% to hit a record high, after posting earnings that beat forecasts
Lender’s Q3 net profit is S$2.95 billion – higher than the S$2.79 billion estimated in survey Shares of DBS rocketed more than 3 per cent…
Business
DBS shares soar more than 3.8% to hit a record high, after posting earnings that beat forecasts
Lender’s Q3 net profit is S$2.95 billion – higher than the S$2.79 billion estimated in survey Shares of DBS rocketed more than 3 per cent…
Business
Uber misses on profit even as rideshare, delivery trips soar
The company says that adjusted Ebitda for the fourth quarter will be US$2.41 billion to US$2.51 billion Uber Technologies shares fell…
Business
Nvidia shares soar as Trump fuels hopes of China Blackwell sales
The tech company’s shares extended gains to 8.5% in Asian trading on the alternative platform Blue Ocean NVIDIA’S shares extended their…
Business
Shares of iFast soar 7.5% on positive Q3 results
The counter jumped S$0.69 to an intra-day high of S$9.92, the highest price in more than a year Shares of digital wealth management…
Business
Blackstone profits soar but lower rates bring scrutiny to credit
The expectation for lower interest rates is also a double-edged sword for the firm, threatening the profits of the company’s largest…
Business
Thai central bank worried over disconnect as global markets soar
The disconnect between the real economy and record-high financial markets worldwide is worrying, according to the Bank of Thailand (BOT),…
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Matcha mania hits Singapore as retail prices soar
As matcha’s popularity continues to skyrocket, the demand for this vibrant green tea is outpacing supply. This story takes a closer…
Business
OpenAI’s golden touch spreads as stocks soar off mere mentions
Talk of an AI bubble has been growing louder in recent months, with some investors likening such trading to the dot-com euphoria OpenAI…
Business
Tycoon-backed Merdeka Gold shares soar on Indonesia’s biggest IPO this year
The miner is developing the Pani Gold Project in Gorontalo, poised to become one of the country’s largest gold mines and a major driver of…
Business
Hongkong Land shares soar 12% to six-year high on S$738.7 million MCL Land divestment
It is selling its Singapore and Malaysia residential property arm to Malaysian conglomerate Sunway Group as it exits the residential…
Business
Intel shares soar as Nvidia embrace brings it into the AI boom
Intel shares have skyrocketed after Nvidia announced plans to invest in and partner with the company, sparking hope that the old chipmaker…
Business
Webtoon shares soar on Disney investment, web comic venture
The broader partnership comes a month after the two companies announced their initial intent to collaborate Walt Disney is bringing all of…
Business
Alibaba shares soar most since 2022 after making headway in AI
Alibaba Group Holding’s stock leapt more than 18 per cent after reporting a surge in revenue from artificial intelligence (AI),…
Business
Shopee, Monee power Sea Q2 earnings; shares soar 18.9% on NYSE
Its counter is up 64.1% in the year to date and has quadrupled since its low of US$34.82 at the start of 2024 Sea Limited shares on the…