Business
Citi expects global digital asset trades to hit US$2 trillion a day; DBS sees volume surge in H1
In a white paper released this week, Citi projected that in five years, the world will see US$2 trillion of digital assets held or traded…
Tag
surge
Business
Russia's Clothes Imports from Asia Surge
Following Western sanctions and the exit of numerous global brands, Russia's fashion industry has become a hotbed of opportunity for Asian…
Business
China’s margin trades surge to record as stock rally extends
The world’s second-biggest stock market has embarked on a surprise rally in recent months, partly reflecting optimism that China’s…
Business
China’s margin trades surge to a record amid stock rally
Chinese investors are borrowing a record amount of cash to buy local stocks, further fuelling a months-long rally that has largely been…
Business
China’s exports of semi-finished steel surge by more than 300%
China has more than quadrupled its exports of steel in semi-finished form so far this year, adding to an unprecedented flood of the metal…
Business
China’s Longi Green narrows loss as solar installations surge
Chinese authorities have amped up their rhetoric against so-called involution, pledging to put an end to the ruinous competition that…
Business
Pop Mart’s Labubu doll frenzy drives 204% revenue surge, 397% profit jump
— Chinese plush toymaker Pop Mart International Group reported robust revenue and profit growth, boosted by global demand for its hugely…
Business
Volkswagen Delivers 1.5 Millionth ID. EV as Global Sales Surge
Volkswagen Delivers 1.5 Millionth ID. EV as Global Sales Surge originally appeared on Autoblog. Volkswagen has officially delivered its…
Business
A 200% stock surge makes Leapmotor China’s next EV rising star
Zhejiang Leapmotor Technology, once a fringe player in China’s electric-vehicle (EV) industry, is beating all its startup rivals by sales…
Business
Shein’s UK sales surge to £2.1 billion in 2024, boosting profits as IPO looms
Shein’s British business made £2.1 billion (S$3.7 billion) in sales in 2024, a 32.3 per cent increase from the previous year, a filing by…
Business
Shares of UOL, PropNex surge 5% following H1 results
Shares of Singapore Exchange (SGX)-listed real estate companies in Singapore such as UOL Group and PropNex rose by more than 5 per cent in…
Business
Oracle cuts cloud division jobs amid surge in AI spending
Many tech giants have sought to deal with the surging costs of AI by reducing expenses in other parts of the business Oracle is cutting…
Business
Singapore life insurance new business premiums surge 7.7% to nearly S$3 billion in H1 2025 while claims payouts fall 42%
The life insurance industry in the Republic recorded a total of S$2.99 billion in weighted new business premiums for the first half of…
Business
Paytm shares surge after RBI grants payment aggregator license
Shares of One 97 Communications surged to the highest level in over three years after its unit received approval from India’s central bank…
Business
Sea soars 18.9% on NYSE after Shopee and Monee-powered surge in Q2 earnings
Its shares are up 64.1% in the year to date and have quadrupled since its low of US$34.82 at the start of 2024 Sea Limited shares on the…
Business
Sea reports 418.3% surge in Q2 2025 earnings to US$414.2 million, on Shopee and Monee’s performance
Sea Limited reported on Tuesday (Aug 12) a 418.3 per cent increase in its Q2 2025 earnings to US$414.2 million, a jump from the US$79.9…
Business
Japan's Nikkei races to record high, SoftBank leads tech surge
Japan’s Nikkei share gauge powered to an all-time high on Tuesday (Aug 12), driven by sharp gains for tech companies and renewed optimism…
Business
South-East Asian firms test Hong Kong waters amid IPO surge
South-east Asian companies have mostly sat out Hong Kong’s 2025 listing boom, but a cautious revival may be under way with four more…
Business
Palmer Luckey's Anduril leads second quarter surge for venture capital in greater L.A.
Venture capital investments in the Greater Los Angeles region more than doubled to $5.8 billion in the second quarter, compared to a year…
Business
US smartphone market sees sluggish growth as India-made phones surge, Canalys says
United States smartphone market grew just 1 per cent in the second quarter as vendors front-loaded device inventories amid tariff…
Business
Global Markets Surge as US-EU Trade Deal Eases Investor Anxiety
The global stock benchmarks opened the week with firm gains, driven by a return of investor risk appetite after progress on trade talks…
News
Surge in anti-Druze hate speech linked to Syria unrest, CyberWell reports
According to the watchdog, the incitement includes explicit antisemitic language and conspiracy theories portraying Syrian Druze as…
Unsorted
BHP delays Jansen potash project as costs surge; logs record copper output
BHP Group flagged delays and cost overruns of about 30 per cent for its key Jansen Stage 1 potash project on Friday (Jul 18), even as the…
Business
Cyber Espionage Surge Hits Taiwan's Semiconductor Sector, Analysts Warn
Chinese-linked hacking groups have escalated targeted cyber espionage efforts against Taiwan's semiconductor companies and financial…