Singapore lender UOB’s Q1 core profit leaps 74% to record US$1.2 billion

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SINGAPORE: Singapore's United Overseas Bank (UOB) reported on Thursday (Apr 27) a 74 per cent surge in core profit in the first quarter from a...

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US cities reviving downtowns by converting offices to housing

April 24, 2023April 24, 2023

NEW YORK: On the 31st floor of what was once a towering office building in downtown Manhattan, construction workers lay down steel bracing for what...

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Taiwan’s Apple supplier Quanta plans Vietnam factory

April 22, 2023April 22, 2023

HANOI : Apple supplier Quanta Computer plans to set up a factory in northern Vietnam, the Vietnamese government said. The company, a MacBook contract manufacturer,...

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Elon Musk’s SpaceX set for debut flight of Starship rocket system to space

April 17, 2023April 17, 2023

BOCA CHICA, Texas : Elon Musk's SpaceX made final preparations early on Monday to launch its powerful new Starship rocket system to space for the...

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Sega offers $776 million for Angry Birds maker Rovio

April 17, 2023April 17, 2023

HELSINKI : Japan's Sega Sammy Holdings Inc has agreed to launch an offer for Finland's Rovio Entertainment, the maker of the Angry Birds mobile game,...

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Elon Musk forms X.AI artificial intelligence company

April 15, 2023April 15, 2023

SAN FRANCISCO: Elon Musk has formed an X.AI artificial intelligence corporation based in the US state of Nevada, according to business documents that surfaced on...

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Ex-BOJ deputy governor Nakaso predicts tweak or end to YCC -Nikkei

April 8, 2023April 8, 2023

TOKYO: The Bank of Japan will likely modify or end its bond yield control policy due to increasing side-effects such as the hit to financial...

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Japan, land of the hybrid car, takes slowly to EVs

April 5, 2023April 6, 2023

TOKYO: Atsushi Ikeda loves his car so much that he founded a club for Tesla owners, but his embrace of an electric vehicle makes him...

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Morgan Stanley a step closer to setting up futures company in China

April 5, 2023April 5, 2023

SHANGHAI/SINGAPORE : Morgan Stanley said on Thursday it looks forward to setting up a futures company in China after the country's securities regulator accepted its...

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Australia bans TikTok on government devices over security concerns

April 4, 2023April 4, 2023

SYDNEY: Australia on Tuesday (Apr 4) announced a ban on TikTok from all federal government-owned devices over security concerns, becoming the latest US-allied country to...