Boom
South-east Asia’s solar boom threatened by US-China trade tension
THE future of South-east Asia’s booming solar industry, which produces the most panels in the world after China, is being thrown into doubt as the United States looks set...
iPhone maker Hon Hai beats profit estimates thanks to AI boom
APPLE’S main manufacturing partner Hon Hai Precision Industry reported better-than-expected profit in the second quarter as the device assembler benefited from strong demand for servers powering AI applications.
The iPhone...
Robinhood results beat estimates on meme-stock, crypto-trading boom
ROBINHOOD beat Wall Street expectations for second-quarter earnings on Wednesday, as interest in meme stocks and cryptocurrencies soared, and said it continued to gain retail trading market share from...
Aviation insurance premiums expected to reach 20-year high in 2024 amid air travel boom
The cause of claims that emerged top is collision or crash incidents, accounting for 63 per cent of the valueGross written insurance premiums for the aviation sector will hit...
Aviation insurance premiums expected to reach 20-year high in 2024 amid air travel boom
The cause of claims that emerged top is collision or crash incidents, accounting for 63 per cent of the valueGross written insurance premiums for the aviation sector will hit...
Ringgit turnaround set to accelerate on export boom, Fed pivot
THE Malaysian ringgit’s rebound is gathering pace, thanks to stronger growth and expectations of an impending interest rate cut by the Federal Reserve.After falling to a 26-year low in...
Nvidia supplier SK Hynix posts highest profit in six years on AI boom
SOUTH Korea’s SK Hynix posted its highest quarterly profit since 2018 on Thursday (Jul 25) as the Nvidia supplier said second-half artificial intelligence (AI) chip demand will rise further,...
Air travel demand ‘normalising’ after Covid boom, execs say
DEMAND for air travel has normalised after a years-long boom following the Covid-19 pandemic as holidaymakers and travellers baulk at higher fares, executives at major airlines said at the...