Lifestyle
Nvidia CEO Huang expects AI-generated videos to drive more demand for its chips
FOR chip designer Nvidia, the generative artificial intelligence boom is the gift that keeps on giving.
After riding a demand surge sparked by Big Tech’s rush to roll out chatbots,...
HSBC fined £6.3 millions for unfairly treating customers in debt
HSBC Holdings was fined £6.3 millions (S$10.8 million) for failing to fairly look after more than 1.5 million UK customers experiencing financial hardship – a penalty that adds to...
Fitch Ratings downgrades LMIRT to ‘C’ following exchange offer
CREDIT-ratings agency Fitch Ratings has downgraded the long-term Issuer Default Rating of Lippo Malls Indonesia Retail Trust (LMIRT) to “C” from “CC”, it said on Thursday (May 23).It also...
Alibaba is considering convertible bond sale
ALIBABA Group Holding is considering selling convertible bonds to raise about US$5 billion, people familiar with the matter said, following a US$1.75 billion offering by rival Chinese online retailer...
China’s Alibaba to raise US$4.5 billion through convertible bonds, repurchase shares
ALIBABA Group Holding said on Thursday (May 23) the Chinese e-commerce giant would sell convertible bonds to raise about US$4.5 billion and plans to use some of the proceeds...
Hargreaves Lansdown rebuffs £5 billion offer from CVC, Adia
Hargreaves Lansdown has rebuffed a £4.7 billion (S$8.07 billion) offer for the investment platform from a group of private equity buyers including an Abu Dhabi sovereign wealth fund, saying...
China state media warns on speculative trading in special bonds
CHINA’S state media urged investors to refrain from engaging in speculative trades in the latest special sovereign bond, as an illiquid part of the market saw a retail buying...
Lenovo beats estimates with AI helping PC sales rebound
LENOVO Group reported a third successive quarter of better-than-expected profit as the company exited a nadir for PC and server demand.
