News
Sea CEO Forrest Li sees path to US$1 trillion market cap with help of AI
But the company is battling deep-pocketed global challengers, including TikTok Shop and LazadaSEA founder Forrest Li told employees that a trillion-dollar market capitalisation – an increase of about 10...
US: Stocks rise to open big earnings week
WALL Street stocks rose early Monday (Oct 20) as markets looked ahead to a heavy week of corporate earnings and monitored the positioning of political leaders on the US...
Why did Amazon’s AWS outage disrupt Snapchat, Ring and many other services?
People struggled to access social media app Snapchat, online game Fortnite, payments app Venmo and other popular online services on Monday after an Amazon Web Services outage caused widespread...
Vietnam stocks slump after state media report on alleged bond irregularities
[HANOI] Vietnam’s main stock index fell to its lowest closing level in a month on Monday (Oct 20) after state media reported the results of a government agency’s investigation...
Stellantis, China’s Pony AI to test robotaxis in Europe
[HONG KONG] Stellantis plans to team up with Chinese robotaxi operator Pony AI to start testing autonomous vans in Luxembourg. The agreement involves a battery-powered minivan as the initial fleet...
China’s Sany Heavy Industry seeking up to HK$12.4 billion in HK listing
[BENGALURU] Sany Heavy Industry is seeking to raise as much as HK$12.4 billion (S$2.1 billion) through its Hong Kong listing, a filing showed on Monday (Oct 20), as the...
Chinese tech giants pause stablecoin plans after Beijing steps in
The government raised concerns about the rise of currencies controlled by the private sector, says the Financial TimesCHINESE tech giants, including Alibaba-backed Ant Group and e-commerce group JD.com, have...
SingPost raises competitiveness by upping service points
It is also trialling the posting and returning of mail or parcels at residential letterbox areas[SINGAPORE] National postal service provider Singapore Post (SingPost) is upping its game in the...
Morgan Stanley sells US$8 billion high-grade bonds
[NEW YORK] Morgan Stanley priced an US$8 billion investment-grade bond sale on Friday (Oct 17), the third such deal by a major Wall Street firm this week following the...
YouTube steps up its shopping game with help from influencers
Inside a historic aircraft hangar in Playa Vista, crowds of people gathered on Thursday to browse the latest fashions from handbags to clothing and shoes as they prepared for...
