Lifestyle
Malaysian bonds luring unhedged bets supercharge ringgit rally
INVESTORS are snapping up Malaysian bonds without resorting to hedging, supercharging a rally in the country’s currency that’s Asia’s top performer this year.Global funds bought RM8.1 billion (S$2.4 billion)...
Unhedged bets on Malaysian bonds supercharging ringgit rally
INVESTORS are snapping up Malaysian bonds without resorting to hedging, supercharging a rally in the country’s currency that’s Asia’s top performer this year.Global funds bought RM8.1 billion (S$2.4 billion)...
TSMC supplier’s CEO dismisses AI concerns after Nvidia wipeout
DEMAND for AI chips should spur growth for the semiconductor industry over the next few years, the CEO of a major supplier to Taiwan Semiconductor Manufacturing Company (TSMC). said,...
Visa to revamp how £3.7 trillion of UK bank payments are handled
VISA is working with some of the biggest banks in the United Kingdom in a bid to revamp how account-to-account payments are handled in the country as consumers continue...
US SEC threatens to sue NFT marketplace OpenSea, CEO says
THE US Securities and Exchange Commission has threatened to sue non-fungible tokens marketplace OpenSea, the company’s CEO said in a post on social media platform X on Wednesday.“OpenSea has...
Nvidia says it has ‘not been subpoenaed’ by the DOJ in probe
NVIDIA, responding to a Bloomberg News report about the US Department of Justice (DOJ) sending out subpoenas as part of an antitrust probe, said it has been in contact...
Europe: Technology stocks lead shares lower as growth worries weigh
EUROPE’S main share indices fell to a two-week low on Wednesday, with technology stocks leading declines as concerns of an imminent slowdown in the United States and weakness in...
Volvo Cars scraps 2030 goal to be fully electric
Volvo Cars said on Wednesday (Sep 4) it would not meet its 2030 goal to be fully electric due to a lack of infrastructure to support EVs, scaling back...