China cracks down on short sales, quants
China took some of its most extreme steps yet to restrict short selling and quantitative trading strategies, seeking to support…
Alphabet shelves efforts to buy HubSpot
Google parent Alphabet Inc has shelved efforts to acquire HubSpot Inc, according to people with knowledge of the matter, putting…
US retailers want to move back-to-school shopping to July
While American children may wish summer vacation would never end, retailers want back-to-school season to start earlier than ever –…
Saudi Aramco sells US$6bil of bonds amid fierce demand
Saudi Aramco pulled in more than US$31bil of orders for its US$6bil bond sale, its first dollar-debt offering in three…
Microsoft ditches OpenAI observer seat
Microsoft has given up its board observer seat at OpenAI in a move aimed at easing US and UK antitrust…
Power-guzzling AI to drive ESG debt sales
The global artificial intelligence (AI) frenzy is driving demand for energy-intensive data centres, which could end up being a factor…
Strathcona plans US$1.5bil oil-sands carbon-capture projects
Canadian driller Strathcona Resources Ltd is planning as much as C$2bil (US$1.5bil) in projects to capture carbon dioxide (CO2) emissions…
VALUE VERSUS MONEY. WHAT’S YOUR CHOICE?
IN THE Malaysian logistics industry, PKT Logistics Group Sdn Bhd is a renowned name.
Nasdaq ends sharply lower as investors rotate out of Big Tech
The Nasdaq ended sharply lower on Thursday, hit by losses in Nvidia, Apple and Tesla as investors rotated into smaller…