South Korea’s economy bigger than first thought
South Korea’s economy has grown 4.9% more than previously thought every year on average since 2000, a revision that lowers…
Apollo buys 49% of Irish Intel factory
Intel Corp agreed to sell a stake in a plant in Ireland to Apollo Global Management Inc for US$11bil, helping…
Tiger Brokers eyes foreign riches in bid to propel growth
China’s Tiger Brokers is setting its sights on Singapore’s riches for a revenue boost as it continues to shift away…
Musk explains why chips diverted from Tesla to X
Elon Musk confirmed he has diverted artificial intelligence (AI) chips away from Tesla Inc to his X Corp and xAI…
Skydance’s latest offer opens the door to rivals
Paramount Global chairperson Shari Redstone is unhappy with Skydance Media’s reduced offer for the family’s controlling stake in the company,…
Nasdaq unit explores private IPOs for startup stakes
Nasdaq Inc’s private market subsidiary is seeking to be the first in the United States to offer companies the option…
Massive base pay jump still leaves doubts
Japanese workers’ base pay jumped by the largest margin since 1994 in a sign that corporate pledges to offer wage…
Axos Financial shares fall after Hindenburg takes short position
Short seller Hindenburg Research disclosed a short position in digital bank Axos Financial, alleging lax underwriting standards and glaring issues…
Property sector concerns affect US banking system
When it comes to commercial real estate, investors in the US banking sector are on edge.