Lifestyle

Nasdaq expected to see turbulent times
Nasdaq expected to see turbulent times
THE US market’s main indexes marked stellar performance in the first half of 2024, with the Nasdaq Composite climbing 18.1 per cent, the S&P 500 index rising 14.5 per...
South-east Asia’s private equity landscape demands more of managers
South-east Asia’s private equity landscape demands more of managers
Investors who hope to profit from the Asean story may need to seek out specialist managers with the ability to close deals and even build market leaders from scratchPRIVATE...
Berkshire halves Apple stake, boosts cash to US7 billion as it gets ‘defensive’
Berkshire halves Apple stake, boosts cash to US$277 billion as it gets ‘defensive’
Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly US$277 billion and selling about half its stake in Apple, even as the...
Nvidia’s new AI chip delayed due to design flaws: report
Nvidia’s new AI chip delayed due to design flaws: report
NVIDIA’S upcoming artificial intelligence (AI) chips will be delayed due to design flaws, The Information reports, citing two unidentified sources who help produce the chip and its server hardware.The...
Crypto executives to meet with White House advisers next week
Crypto executives to meet with White House advisers next week
EXECUTIVES from the cryptocurrency industry are planning to meet with White House aides and Representative Ro Khanna next week to discuss concerns around digital assets and propose policy changes...
Covid surge limits CVS’s at-home test supply in some cities
Covid surge limits CVS’s at-home test supply in some cities
SOME CVS Health pharmacies are selling out of at-home Covid tests as a summer surge in infections drives up demand.As at Friday (Aug 2) afternoon, CVS’s website showed that...
AMC Entertainment swings to loss in the second-quarter hurt by weak movie lineup
AMC Entertainment swings to loss in the second-quarter hurt by weak movie lineup
AMC Entertainment Holdings posted a loss for the second quarter compared to a profit in the same period last year hurt by the lingering impact of last year’s dual...
Paramount gains edge in fight over Skydance buyout files
Paramount gains edge in fight over Skydance buyout files
PARAMOUNT Global is poised to defeat a demand to turn over internal files to a pension fund that’s raising questions about its US$2.4 billion acquisition by Skydance Media that...
Europe: Shares tumble as global equity rout amplifies
Europe: Shares tumble as global equity rout amplifies
EUROPE’S Stoxx 600 fell close to 3 per cent on Friday (Aug 2) as global equity markets ran into turbulence after a US jobs report exacerbated worries of an...
US: Wall St opens sharply lower after weak jobs data
US: Wall St opens sharply lower after weak jobs data
US stock indexes slumped at the open on Friday (Aug 2), with the Nasdaq on track to confirm it was in a correction, after weak employment numbers exacerbated worries...