Technology
ABS introduces digital tool for banks to verify trade financing documents
BANKS in the Republic can now better tackle trade finance fraud with a new automated digital tool that checks the authenticity of bills of lading – supporting documents commonly...
China tightens rules on new copper smelters to curb overcapacity
China will also encourage copper smelters to sign long-term purchase agreements with global minersCHINA has tightened requirements for building new copper smelters, in its latest attempt to curb relentless...
CBA’s first-half profit beats estimates on strong asset quality, lending volume growth
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower provisions for bad debts offset higher technology costs.Shares of...
Australia’s CBA first-half profit beats estimates on strong asset quality, lending volume growth
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower provisions for bad debts offset higher technology costs.Shares of...
Stocks to watch: SGX, FEHT, Wing Tai, PropNex, First Reit, QAF, Cordlife
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 12).
Singapore Exchange (SGX): The total securities market turnover value on the SGX...
Hong Kong’s latest bubble tea IPO mints another billionaire
CHINA’S insatiable appetite for bubble tea has spawned another billionaire.Guming Holdings’ US$233 million Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its millennial...
Hong Kong’s latest bubble tea IPO mints another billionaire
CHINA’S insatiable appetite for bubble tea has spawned another billionaire.Guming Holdings’ US$233 million Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its millennial...
Lyft posts muted first-quarter bookings and profit outlook
LYFT issued a disappointing first-quarter gross bookings outlook, following a similarly muted forecast from rival Uber Technologies citing the impact from the extreme winter weather and LA wildfires.Gross bookings...
Elon Musk Drops Bombshell: Claims this Scam as ‘Biggest Eentitlement fraudver’ in American history
Elon Musk has alleged massive fraud in US federal entitlement programs, including Social Security. He made this claim on X (formerly Twitter), sparking widespread debate. Social Security benefits are...