Lifestyle
Coinbase Global plans to offer US$1 billion in convertible notes
COINBASE Global, the largest US cryptocurrency exchange, said it plans to offer US$1 billion in convertible senior notes to repay existing debt and for general corporate purposes. The notes...
Pentagon scraps plan to spend US$2.5 billion on Intel grant
THE Pentagon pulled out of a plan to spend as much as US$2.5 billion on a chip grant to Intel, sources familiar with the situation said, putting the onus...
Europe: Shares jump to fresh record after US inflation data
EUROPEAN shares closed at a record high on Tuesday (Mar 12), led by automakers and banks, as traders stuck to bets on an interest rate cut by the Federal...
Construction material manufacturers mull green opportunities for growth
AS AWARENESS rises about environmental concerns, building materials companies may be able to benefit by producing greener materials.Peggy Mak, research manager at Phillip Securities Research, noted that while the...
STMicroelectronics CEO says China is a growth market despite US chip war
CHINA remains an important growth market for French-Italian semiconductor STMicroelectronics (STM), despite increasing US-China tensions over semiconductors, the company’s chief executive said on Tuesday (Mar 12). Speaking at a...
Oracle surges to record high as AI demand helps reignite cloud business momentum
ORACLE soared more than 13 per cent to reach a record high on Tuesday (Mar 12), on signs the company was making progress in its plan to grab a...
US dollar slips after inflation data
THE US dollar was little changed in choppy trading on Tuesday (Mar 12), after moving higher earlier in the global session, amid data showing hotter-than-expected inflation last month for...
ASML’s threat to leave uncovers deeper concerns in Netherlands business climate
A THREAT by the Netherlands’ largest company ASML to quit the country if it cannot grow there has laid bare wider corporate concerns that the nation’s business climate is...
