Year
Apple to power AI tools with in-house server chips this year
APPLE will deliver some of its upcoming artificial intelligence (AI) features this year via data centres equipped with its own in-house processors, part of a sweeping effort to infuse...
Nissan expects 5.5% rise in annual profit this year
JAPAN’S Nissan Motor expects operating profit to rise 5.5 per cent this year on growing global sales, it said on Thursday (May 9), while warning that intense competition and...
Swedish central bank lowers key rate, sees two more cuts this year
Sweden’s central bank cut its key interest rate to 3.75 per cent from 4.00 per cent on Wednesday (May 8) as expected, and said it was likely to cut...
AI boom set to fuel data centre deals in Asia this year
GLOBAL private equity investors and asset managers are readying for billions of US dollars worth of M&A and investments linked to data centres in Asia Pacific, as the artificial...
AI boom set to fuel data centre deals in Asia this year
GLOBAL private equity investors and asset managers are readying for billions of dollars worth of M&A and investments linked to data centres in Asia Pacific, as the artificial intelligence...
Philippines eyes US$2 billion in its first global bond this year
The Philippines is looking to raise as much as US$2 billion from a two-part dollar bond sale on Tuesday (May 7), its first trip to the international market this...
China’s CICC may cut investment banking headcount by at least 10% this year
China International Capital Corp (CICC) may reduce its investment banking headcount by at least 10 per cent this year, two people with knowledge of the matter said, as a...
Nintendo to announce Switch successor details this financial year
JAPAN’S Nintendo said on Tuesday (May 7) it plans to make an announcement about the successor to its aging Switch console during the financial year ending March 2025.
Nintendo has...
RBNZ has limited scope to cut cash rate this year: OECD
THE Reserve Bank of New Zealand (RBNZ) has limited scope to cut interest rates this year and should not ease policy until it’s sure inflation will return to target,...
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