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Ola Electric shares surge 82% post-debut to hit US$7 billion value
THE rapid rise in Ola Electric Mobility shares is vindicating the founder’s push to list the company despite initial scepticism over valuation.The stock has surged nearly 82 per cent...
Solar panel imports to US hit record high before Biden’s tariff waiver ended
SOLAR panel imports to the US from South-east Asia surged to an all-time high in the second quarter as manufacturers raced to lock in supply before expanded tariffs took...
Ransomware Trends: Most Attacks Hit Between 1am and 5am, Study Finds
Threat actors are taking advantage of when security professionals are off-duty to stage their ransomware attacks, new research has found. The ThreatDown 2024 State of Ransomware report from Malwarebytes...
Global digital economy will hit US$16.5 trillion by 2028: report
RESEARCH and advisory company Forrester released its report, Global Digital Economy Forecast, 2023-2028, on Monday (Aug 19) revealing that the digital economy will reach US$16.5 trillion and capture 17...
Global digital economy will hit US$16.5 trillion by 2028: report
RESEARCH and advisory company Forrester released its report, Global Digital Economy Forecast, 2023-2028, on Monday (Aug 19) revealing that the digital economy will reach US$16.5 trillion and capture 17...
Asia currencies hit seven-month high on ‘Goldilocks’ US scenario
ASIAN currencies rallied to the highest in seven months as ebbing US recession concern, bets on Federal Reserve rate cuts next month and an improving domestic backdrop lifted sentiment...
Australian bond yields hit 13-month low on bets RBA will break
AUSTRALIA’S bond yields dropped to a 13-month low amid growing speculation that the nation’s Reserve Bank of Australia (RBA) is inching closer to the start of interest-rate cuts.The benchmark...
UBS profit beats estimates as client inflows hit US$27 billion
UBS Group posted higher than expected profit in the second quarter, buttressing chief executive officer Sergio Ermotti’s efforts to return capital to shareholders and finalise the integration of Credit...