Michael Burry adds to China Big Tech wager
Michael Burry, the money manager made famous in the Big Short, has added to wagers on Chinese tech giants Alibaba…
Startups hope for support in Singapore’s Budget 2024 for digitalisation
The republic’s startups are seeking more government support in the light of global challenges and rapid technological advancements that may…
Equinix expects strong adjusted core earnings
Equinix is forecasting adjusted core earnings for fiscal 2024 above market expectations on signs of strong demand for its data-centre…
Taking another shot with next-gen H3 rocket
Japan will try again this weekend to launch its new flagship rocket, the H3, in a bid to restore its…
Challenging outlook seen for BAT earnings
The earnings outlook for British American Tobacco (M) Bhd (BAT) remains challenging over the medium term due to its lack…
Philippine rate pause likely as focus shifts to timing of cuts
The Philippine central bank is poised to extend its interest-rate pause for a third straight meeting, as the focus shifts…
Chipmaker Renesas to buy software company Altium
Japanese chipmaker Renesas Electronics has announced a US$5.9bil all-cash deal to buy electronics design software firm Altium , its second…
SKP Resources order book forecast to pick up by FY25
Electrical and electronics plastics contract manufacturer SKP Resources Bhd could see prolonged weakness in order visibility from its main customer…
Wall St ends higher as retail sales slump feeds hopes for rate cuts
US stocks closed higher on Thursday as retail sales data declined more than expected, feeding hopes the Federal Reserve will soon…