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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Business
Business
Vingroup seeks US$500 million private credit for EV charging ports
China dominates the global public charging market with over 850,000 installations last year, more than double the installations in the…
Business
Top Glove shares surge 7.3% to two-month high on return to full-year profitability
The group attributes its improved performance to the higher demand for gloves and its cost efficiency Shares of Top Glove soared on Friday…
Business
Top Glove shares end flat after 7.3% surge in intra-day trade on return to full-year profitability
The group attributes its improved performance to the higher demand for gloves and its cost efficiency Shares of Top Glove soared on Friday…
Business
Seatrium shares plunge 7.8% after US$475 million Maersk contract termination
Citi analyst Luis Hilado said the contract termination will likely have a negative near-term impact on its shares Shares of Seatrium…
Business
Seatrium shares plunge up to 7.8% on US$475 million Maersk Offshore Wind contract termination
This development will likely have a negative near-term impact on the stock, says Citi analyst Luis Hilado Shares of Seatrium plunged as…
Business
Central banks seen holding Bitcoin, gold as key reserves by 2030, Deutsche Bank says
Central banks may hold significant amounts of Bitcoin and gold by 2030, thanks to growing institutional popularity and a weakening US…
Business
Private capital roars back in Q2 with strongest returns since 2021: MSCI
Across the board, every major private asset class has recorded an improvement on its Q1 return Private markets delivered their strongest…
Business
Gold poised for eighth weekly rise on firm safe-haven demand
The non-yielding asset, traditionally considered a hedge during geopolitical and economic uncertainty, has gained about 52% this year Gold…
Business
Bank of Singapore’s new AI tool does in one hour what used to take 10 days
Besides being a time saver, the tool cuts down on human error from examining documents on clients’ employment, business and investment…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel
The contract was with a Maersk Offshore Wind affiliate, for deployment at US offshore wind farm Seatrium on Friday (Oct 10) announced that…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind Seatrium on Friday…
Business
Thousands more university jobs cut as financial crisis deepens
Hayley ClarkeEducation reporter and Emily Doughty Universities have collectively announced more than 12,000 job cuts in the last year, new…
Business
Stocks to watch: Seatrium, Thakral, Fu Yu, Capital World
The following companies saw new developments that may affect trading of their securities on Friday (Oct 10): Source link
Business
Levi Strauss forecasts annual profit below estimates as tariffs bite
The retailer has leaned into full-price sales through its direct-to-consumer channel, broadened its product offerings and kept a tight…
Business
European startups are raising the bar for American founders
I grew up in the Netherlands, so I know the upsides of living in Europe. I also know how hard it is to build a company here. The rules…
Business
HSBC’s top boss bets US$14 billion on Hong Kong in push for growth
For a bank that has spent much of the last decade shying away from major deals, Elhedery’s approach marks a sea change from his…
Business
Trust and governance in the shift to agentic transformation
I recently had an unsettling rideshare experience. Let me paint a visual picture. You have a Tesla doing its self-driving thing, a guy…
Business
New ‘Invincible’ Video Game Adds Fan-Favorite Character Cecil Stedman to Fighting Lineup (Gaming News Roundup)
New updates have been revealed about Skybound Entertainment’s upcoming video game “Invincible VS,” including the addition of Cecil…
Business
Tech billionaires seem to be doom prepping. Should we be worried?
Zoe KleinmanTechnology editor Mark Zuckerberg is said to have started work on Koolau Ranch, his sprawling 1,400-acre compound on the…
Business
Some of America’s best jobs have a PR problem
Too many jobs today have a PR problem, limiting opportunities for our young people and our economy. The jobs that now exist and the…
Business
Silver hits US$50 for first time in decades
While gold is traditionally viewed as a hedge against riskier assets such as stocks, it often falls during broad market selloffs as…
Business
US: Wall Street closes lower, pausing record-setting rally as earnings approach
US stocks ended in negative territory on Thursday (Oct 9) as investors, left with no economic data or any sentiment-swaying catalysts,…
Business
Europe: Ferrari’s steepest fall drags Europe’s stocks, HSBC pulls parking brake
The benchmark remains one of the laggards in 2025, up about 9.2% compared to double-digit per cent gains in other top nations European…