Nikkei keeps roaring while yen teeters towards 150 per US dollar
The blistering start to 2024 for the Nikkei shows no signs of stopping, with the Japanese benchmark scaling yet another…
Cadence sees lower 1Q revenue
Cadence Design Systems forecast a decline in revenue for the first quarter as its hardware sales were up against tough…
Web3 firms in S’pore aim to grow talent pool
Ahead of Budget 2024, Web3 and digital asset firms here say they hope for help to grow the sector’s talent…
Heavy equipment sales down on sluggish demand
Industry players reported a 10.8% drop in heavy equipment sales last year, mainly because of lower demand from the mining…
Vietnamese SMEs thrive on Amazon platform
Vietnamese small and medium enterprises (SMEs) are increasingly leveraging the Amazon platform not only to boost product sales but also…
Diamondback sets US$26bil deal for shale oil rival Endeavor Energy
US oil producer Diamondback Energy says it will buy privately held rival Endeavor Energy Partners in US$26bil cash-and-stock deal that…
Michelin posts record annual profit
Tyre maker Michelin reported record results, citing the delayed positive impact of its 2022 price adjustments, but remained cautious for…
Higher plant utilisation a boon for PetChem
Hong Leong Investment Bank (HLIB) Research expects PETRONAS Chemicals Group Bhd’s (PetChem) earnings in the fourth quarter of financial year…
Traders turn to Arm in hunt for ‘next Nvidia’
The craze for artificial intelligence (AI) stocks sent options traders piling into bets on Arm Holdings on Monday, with many…