Asia
Asia: Markets advance after record rallies
ASIAN shares climbed on Friday following a day of record highs in Japanese, US and European markets after demand for AI-powering chips drove tech gains. Investors celebrated on Thursday...
Asia: Markets open higher after US tech gains
ASIAN markets opened mostly up on Thursday, after higher-than-expected earnings from tech giant Nvidia and as investors weigh Fed minutes signalling most US officials are in no rush to...
Delivery Hero terminates talks on potential sale of foodpanda business in South-east Asia
GERMAN food delivery company Delivery Hero said on Wednesday that the ongoing talks for the potential sale of its foodpanda business in selected markets in South-east Asia have been terminated. The...
Dealmaking booms in Japan as most of Asia suffers through bust
DEALMAKING is booming in Japan. Management buyouts are on the rise. The stock market is nearing an all-time high, giving companies more scope for acquisitions. And the government and...
Asia: Stocks lower after Wall Street losses
ASIAN markets were mostly down on Wednesday, tracking US losses as investors await a key tech earnings report and Fed policy meeting minutes later in the day. The tech-rich...
Digital banks should count on more than ecosystems, tech to expand in South-east Asia
DIGITAL banks have emerged in South-east Asia as a means to reach out to the underbanked or underserved segments in a cost-effective manner. But strong competition is putting their...
SIA Q3 earnings up 4.9% to S$659 million as North Asia markets fully reopen to robust passenger demand
The revenue gain was due to high passenger demand, as passenger flown revenue climbed 10.6 per cent to S$4.2 billion, despite a 7.4 per cent decline in passenger yields...
Asia: Stocks struggle even as China slashes rates
ASIAN shares were pinned below 1-1/2 month highs on Tuesday as even a larger-than-expected interest rate cut in China failed to excite investors jaded at the lack of bigger...
