Business
Wall Street mostly declines as tech names pull back from highs
Wall Street’s stocks finished mostly lower on Tuesday (Aug 19), dragged down by tech companies retreating from record highs, while a Home…
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tech
Business
US: Wall Street mostly declines as tech names pull back from highs
Wall Street’s stocks finished mostly lower on Tuesday (Aug 19), dragged down by tech companies retreating from record highs, while a Home…
Business
Options traders brace for Big Tech sell-off with ‘disaster’ puts
Options traders are increasingly nervous about a plunge in technology stocks in the coming weeks and are grabbing insurance to protect…
Business
Foxconn’s Apple era fades as AI servers drive growth in Taiwan tech sector
Taiwan’s Foxconn, which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main…
Business
PBOC to boost financing support for tech, consumption growth
China’s central bank pledged to strengthen financial support to key areas including tech and consumption, as it moves further away from…
Business
Hedge funds shift bets to double down on Big Tech amid AI boom
Wall Street’s largest hedge funds, Bridgewater Associates, Tiger Global Management and Discovery Capital, increased their exposure to Big…
Business
New acquisition, healthcare segment fuelling Sunningdale Tech: non-exec chairman Koh Boon Hwee
Precision plastics engineering company Sunningdale Tech has continued to grow even after delisting from the Singapore Exchange (SGX) in…
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
Chinese tech financier released after probe: former colleague
Chinese tech financier Bao Fan has been released by Chinese authorities after vanishing from public view over two years ago while…
Business
US: Nasdaq posts record closing high with tech gains, rate cut optimism
US stocks ended higher and the Nasdaq notched a record closing high for the second straight day on Friday (Aug 8) as technology-related…
Business
Who is Blake Owens? Tech CEO Receives Pig's Head in Mail to in Chilling Warning Over Real Estate Tech
Blake Owens, a Las Vegas tech entrepreneur, was left in shock on July 29 as he received a creepy delivery after introducing AI tech for…
Business
China’s tech giants spook a generation of workers with job cuts
FOR years, a job at one of China’s technology behemoths was a golden ticket for the country’s ambitious youth. Now, a wave of downsizing…
News
Tokyo Electron sacks Taiwan employee over TSMC tech leak
Tokyo Electron said on Thursday (Aug 7) it has fired an employee at its Taiwan subsidiary over their alleged involvement in a trade secret…
Business
Asia: Markets rise as Trump chip exemptions boost tech giants
Asian equities rose on Thursday, with big-name chip firms making big gains after Donald Trump said those investing in the United States…
Business
SoftBank Group swings to profit in first quarter on market enthusiasm for tech stocks
Japanese technology investor SoftBank Group on Thursday (Aug 7) booked a net profit of US$2.87 billion in the first quarter, driven by…
Business
The AI race has big tech spending US$344 billion this year
If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two weeks, it’s to…
Business
China Questions Security of Nvidia's H20 AI Chip Amid Rising Tech Tensions
China has raised fresh concerns over potential security vulnerabilities in Nvidia's H20 artificial intelligence chip, increasing tensions…
Unsorted
Over 120 flights disrupted by UK tech glitch
Scores of flights to and from UK airports were cancelled on Wednesday due to a technical glitch, according to the air traffic control…
Business
Asia: Markets mixed as China-US talks end, eyes on tech earnings
Asian markets were mixed on Wednesday as investors kept tabs on China-US developments after they agreed to further talks to extend their…
Business
US: Stocks retreat ahead of Fed decision, big tech earnings
Wall Street stocks retreated on Tuesday as markets digested major merger announcements and monitored US-China trade talks ahead of big…
Business
Microsoft’s access to OpenAI tech is focus of contract talks
Microsoft is in advanced talks to land a deal that could give it ongoing access to critical OpenAI technology, an agreement that would…
Business
Bullish outlook seen for Hang Seng Tech Index
The Hang Seng Tech Index, which tracks the 30 largest technology companies listed in Hong Kong with high business exposure to technology…
Business
Indian tech company TCS to cut workforce by 2%, affecting more than 12,000 jobs
India’s largest IT services provider Tata Consultancy Services will reduce its workforce by 2 per cent in its 2026 financial year,…
Business
Tech firms to showcase AI innovations in a China under US sanctions
Tech firms huge and small will converge in Shanghai this weekend to showcase their artificial intelligence innovations and support China’s…