Lifestyle
Arm’s February surge prompts early bull to step to the side
A PRONOUNCED rally in Arm Holdings has resulted in a sky-high valuation, to the point that even one of the chip-design company’s first stock bulls thinks it has gone...
Tikehau and UOB Kay Hian partnering on private credit as interest continues to grow
ALTERNATIVE asset manager Tikehau Capital and brokerage UOB Kay Hian (UOBKH) have joined forces to launch a private credit fund, becoming the latest in a growing list of companies...
Chinese chipmaker cleared in US criminal trade secrets case
A CHINESE chipmaker was cleared of economic espionage and other criminal charges in a setback for a United States Justice Department crackdown on intellectual property theft by China. More...
Chip-tool maker ASM issues disappointing outlook, shares plunge
ASM International projected revenue this quarter that fell far below market expectations, signalling that the Dutch chip equipment maker is continuing to grapple with an uneven recovery in global...
Coupang’s sales jump after loyalty perks retain shoppers
COUPANG reported a better-than-expected 23 per cent rise in revenue, clocking its fastest growth since 2021 in the face of weak consumer sentiment. Net revenue at South Korea’s largest...
Europe: Stoxx 600 rises on miners, tech support; German shares at record high
EUROPE’S benchmark stock index inched up on Tuesday, with Germany’s DAX hitting a record high, while investors awaited this week’s inflation data that could shed some light on when...
US: Stocks mixed after lackluster data
WALL Street stocks finished mixed on Tuesday, with the Nasdaq rising following downcast US consumer confidence and durable goods data. The Conference Board reported a bigger than expected drop in consumer...
Blood in the water for US office Reits could attract highly speculative investors
INVESTORS buy into Singapore-listed real estate investment trusts (S-Reits) for their stable distributions. But of late, the three US office S-Reits – after completely halting all or most of...
