Showing 1 - 10 of 209
Asian shares get lift from US tech results
Business, Published on 27/04/2024
» RECAP: Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are probably many more months away.
Robot cleaners to bolster IFS revenue
Business, Kanana Katharangsiporn, Published on 08/04/2024
» Facility management firm Integrated Facility Solutions (IFS) aims to achieve revenue growth of 20% per year by introducing floor-cleaning robots from Japanese firm SoftBank Robotics to help ease labour costs.
Japan urges Line operator to improve data protection
Published on 05/03/2024
» Japan’s communications ministry on Tuesday urged LY Corp, the operator of the Line messaging app, to strengthen the protection of users’ personal data following a massive data breach.
Asian shares advance on China stimulus hopes
Published on 10/02/2024
» RECAP: Stocks in Asia recorded a third straight weekly gain before many markets closed for Chinese New Year, after a flurry of stimulus announcements from China as it attempted to stem a severe equity market slump.
Asian shares fall as Fed talks tough on rates
Business, Published on 11/11/2023
» RECAP: Shares in Asia fell yesterday after the head of the US Federal Reserve warned interest rates may have to climb further, stunting a rally in stocks and bonds and sending investors back to the dollar.
WeWork files for bankruptcy
Published on 07/11/2023
» NEW YORK - WeWork, the startup whose meteoric rise and fall reshaped the office market globally, sought US bankruptcy protection on Monday after its bets on companies using more of its office-sharing space soured.
European satellite internet mega-merger approved
AFP, Published on 28/09/2023
» PARIS - Shareholders of the European satellite operator Eutelsat on Thursday approved a $3.4-billion merger deal with Britain's OneWeb, with the new entity out to become a global broadband internet champion to rival the likes of Elon Musk's Starlink.
SoftBank supremo eyes rare success with Arm IPO
AFP, Published on 12/09/2023
» TOKYO - Masayoshi Son's once-exalted reputation as an investor is badly tarnished, but the irrepressible founder of Japan's SoftBank is hoping that the mega-IPO of Arm this week might bring back the good times.
Chinese measures cheer investors
Business, Published on 02/09/2023
» RECAP: Asian shares edged higher yesterday as China stepped up efforts to support the property sector and stabilise the yuan, though investors remained cautious ahead of US jobs data that could influence interest rates.
Internet startup VNG files to become first Vietnam tech firm to go public in US
Bloomberg News, Published on 24/08/2023
» HANOI - Internet startup VNG Ltd filed for an initial public offering (IPO) in the United States, making it the first Vietnamese technology company to seek a listing in New York and adding to a diversifying roster of companies planning listings as equity markets thaw.