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Nvidia insiders sell over US$1 billion in stock amid market surge
The chipmaker’s stock hit a record on Jun 25, and it reclaimed the crown as the world’s most valuable company IA insiders sold over US$1…
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Billionaire Michael Dell reaps US$1.2 billion from stock sale
Dell Technologies chief executive Michael Dell sold US$1.2 billion worth of shares in his namesake computer company, reducing his stake by…
Business
AEM, UMS, Frencken lead semiconductor stock surge; robust weekly gains ride on domestic, global tailwinds
Semiconductor listcos were trading higher on Friday (Jun 27) morning, notching double-digit gains over the week as a slew of domestic and…
Business
Nvidia Becomes World's Most Valuable Company Again as AI Boom Lifts Stock
Nvidia stock soared to new heights on Wednesday, allowing the company to once again become the most valuable publicly traded firm in the…
Business
TSMC unit to issue US$10 billion of stock to counter forex swings
The moves grant TSMC Global more capital flexibility in managing exchange rate risks Taiwan Semiconductor Manufacturing Co’s overseas unit…
Business
Jensen Huang starts selling Nvidia stock under US$865 million plan
IA Corp chief executive officer Jensen Huang has started selling the chipmaker’s stock, his first transactions under a plan that allows…
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Hong Kong stock rally shakes up investor playbook for China
Wall Street entered 2025 with bullish bets on onshore Chinese stocks, counting on Beijing’s stimulus drive to cushion the blow from US…
Business
Stock to watch: SingPost
The following company saw new developments that may affect trading of its securities on Friday (Jun 20): Singapore Post (SingPost): The…
Business
CEO’s wealth hits US$33 billion as unprofitable Chinese medicine firm’s stock soars
A blistering rally in a tiny, money-losing traditional Chinese medicine company’s stock has vaulted its founder’s net worth to among the…
Business
China’s biotech moment ignites a 60% stock rally that beats AI
China’s biotechnology stocks have shaken off a four-year slump to be among the hottest performers in Asia this year and funds are tipping…
Business
Pop Mart’s 200% stock rally spurs rush to hike price targets
— Street analysts are rushing to raise price targets on Pop Mart International Group following the success of its Labubu dolls. At least…
Business
Hello Kitty owner overtakes Toyota in stock turnover
Shares of Sanrio, which was added to MSCI’s Japan index last month, jumped 12% in May Hello Kitty owner Sanrio surpassed Japan’s biggest…
Business
Laopu Gold’s 2,300% rally faces test after stock hits HK$1,000
A BREATHTAKING rally in Laopu Gold is facing a critical test after its stock price hit HK$1,000 (S$164), a rare milestone that may deter…
Business
Virgin Australia returns to stock market with launch of A$685 million IPO
Virgin Australia is set to return to the stock market after a five-year absence, with the Bain Capital-owned airline launching a A$685…
Business
DeepSeek's R1 Upgrade Nears Top-Tier LLMs
DeepSeek today rolled out DeepSeek-R1-0528, an upgraded version of its R1 large language model that it says now rivals OpenAI's O3 and…
Business
Economist says stock market gains are sign Trade Court ruling will be overturned
The stock markets' modest gains on Thursday are a sign that investors are confident that a federal court decision blocking some of…
Business
China EV maker XPeng set to turn profitable, says CGSI, lifting target price for the stock
Chinese EV maker XPeng could soon turn profitable, as strong vehicle sales and consensus-beating financials paint a bullish outlook,…
Business
Pony.ai Stock Jumps After Major Robotaxi Deal with Uber
Uber (NYSE:UBER) and Pony.ai (NASDAQ:PONY) unveiled a strategic partnership Tuesday to launch autonomous robotaxi services in the Middle…
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Australian stock exchange operator to reassess M&A rules amid James Hardie backlash
Australian stock exchange operator ASX said on Sunday that it had initiated a process for its rules regarding shareholder approvals for…
Business
Adani to sell Australian terminal to his port firm in stock deal
More than 30 million tonnes of thermal and metallurgical coal are exported annually through the terminal Billionaire Gautam Adani will…
Business
A stock that offers shelter from Trump’s mayhem
With global trade under pressure from US President Donald Trump’s tariffs, there could be a significant slowdown in economic activity and…
Business
Rent the Runway Stock Falls 18 Percent as Company Maps Out Road Ahead
Rent the Runway Inc. — the designer fashion rental pioneer — just celebrated 15 years in business. And while cofounder, president and…
Business
Chinese tea chain Chagee launches US IPO, defying stock slump
Chagee Holdings, a Chinese bubble tea chain, is seeking to raise US$411 million in an initial public offering (IPO) in the US, despite…
Business
Tesla shares drop amid auto tariffs and 'brand crisis'
Tesla shares took a hit Monday after a leading analyst slashed his price target by more than 40%, citing a “perfect storm” created by…