Real Estate
Jensen Huang cashes in on Nvidia’s rally with US$169m share sale
NVIDIA chief executive officer Jensen Huang unloaded shares worth nearly US$169 million in June, the most he has netted in a single month, as the insatiable demand for the...
Jeff Bezos to sell US$5 billion of Amazon shares after stock hits record high
AMAZON founder and executive chair Jeff Bezos is planning to sell almost US$5 billion worth of shares in the e-commerce giant, a regulatory filing showed, after its stock hit...
AI frenzy expected to have boosted Samsung Q2 profit 13-fold
SAMSUNG Electronics is expected to post a 13-fold increase in second-quarter profit from a year earlier as demand for artificial intelligence technology fuels a rebound in memory chip prices.Operating...
ECB is working to ease significant risk transfers for banks
THE European Central Bank (ECB) is planning to make it easier for banks to use a popular type of credit insurance in a move that could ultimately allow them...
ADNOC weighs possible bid for Australian gas company Santos
Abu Dhabi National Oil Company (ADNOC) is in the preliminary stages of exploring a possible bid for Australian gas supplier Santos, two people with knowledge of the plans said,...
US: S&P 500, Nasdaq extend gains, closing at records again
THE S&P 500 and Nasdaq again finished at fresh records on Wednesday, extending a positive run following mixed economic data in a quiet holiday-shortened session.US private-sector hiring came in...
Wegovy, Ozempic linked with sight-threatening eye disorder in study
PATIENTS using Novo Nordisk’s wildly popular weigh-loss drug Wegovy and its similar medicines for type two diabetes may be at increased risk for a sight-threatening eye condition, according to...
US: Stocks tread water ahead of data, Fed minutes
WALL Street’s main indexes were steady at the start of a holiday-shortened trading session, as investors assessed data pointing to an easing labour market while looking ahead to more...
