Showing 1 - 10 of 338
Mideast uncertainty keeps pressure on equities
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 04/04/2026
» RECAP: Asian shares remained under pressure yesterday amid dimming hopes for a swift end to the Middle East conflict, though reports that Oman and Iran were drafting terms for reopening the Strait of Hormuz offered some respite. Volumes were thin with some markets closed for the Good Friday holiday.
SpaceX files to go public, paving way for record stock offering
AFP, Published on 02/04/2026
» NEW YORK - Elon Musk's SpaceX has filed papers with US regulators that set the stage for what could be the largest-ever public stock offering, a source familiar with the matter told AFP on Wednesday.
Fuel crisis powers surge in EV interest in Asia
Reuters, Published on 01/04/2026
» Motorists across the Asia-Pacific region are switching to electric vehicles at a rapid pace, as rising fuel costs due to the Middle East war force consumers and companies to reconsider their reliance on petrol and diesel vehicles.
Jury finds Musk misled Twitter shareholders
Published on 21/03/2026
» SAN FRANCISCO - A US federal jury has found Elon Musk liable for claims he defrauded Twitter shareholders by trying to drive down the social media company’s stock price so he could renegotiate or back out of a $44-billion takeover in 2022.
When GDP no longer needs people
Business, KCS Group, Published on 17/03/2026
» In traditional industrial models, rising gross domestic product used to go hand in hand with job creation. More production meant more workers and higher wages followed by increased consumption. But in the emerging post-labour economy, this link is breaking. Nations can now increase output not by employing more people, but by implementing more code.
Musk merges his AI business into SpaceX
AFP, Published on 03/02/2026
» SAN FRANCISCO - Elon Musk has announced that his rocket company SpaceX will take over his artificial intelligence outfit xAI, as he seeks to raise billions of dollars for his science fiction-worthy outer space projects.
Tesla profits tumble on lower EV sales, AI spending surge
AFP, Published on 29/01/2026
» NEW YORK - Tesla reported a 61-percent drop in fourth-quarter profits on Wednesday due to lower auto sales and increased expenses as CEO Elon Musk ramps up technology investments.
Surging billionaire wealth a political threat, Oxfam warns as Davos opens
AFP, Published on 19/01/2026
» DAVOS, Switzerland- The collective wealth of the planet's billionaires soared to a record level in 2025, charity Oxfam reported on Monday, warning of "highly dangerous" political consequences as the global elite gathers for the World Economic Forum.
Musk seeks up to $134 billion in OpenAI lawsuit
Published on 17/01/2026
» Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing he deserves the “wrongful gains” that they received from his early support of the artificial-intelligence startup, according to a court filing.
Cooling US inflation boosts risk appetite
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 20/12/2025
» RECAP: Asian stocks tracked gains on Wall Street as cooling US inflation backed the case for more Federal Reserve interest-rate cuts and worries about tech valuations eased.