Asia stocks up on high hopes for Nvidia, NZ dollar jumps
SYDNEY: Asian shares edged higher on Wednesday as anxious investors dared to hope AI-diva Nvidia could meet sky-high expectations, while…
LVMH deepens partnership with Alibaba to boost tech presence in China
FRENCH Luxury group LVMH is to deepen its partnership with Alibaba to leverage the firm's cloud and artificial intelligence capacities…
Indonesian central bank holds interest rates steady, as expected
JAKARTA: Indonesia's central bank held interest rates unchanged at a review on Wednesday, as expected, saying the current benchmark level remained…
Japan’s 10-year yield hits more than decade high of 1% as BOJ bets build
TOKYO: Japan's 10-year government bond yield rose to an 11-year high of 1% on Wednesday amid mounting bets for further…
US announces details on higher China tariffs, some to start Aug 1
WASHINGTON: The U.S. Trade Representative's office on Wednesday said some of the steep tariff increases on an array of Chinese…
Emirates flight lands safely after hitting flamingos in Mumbai
An Emirates flight landed safely in Mumbai late on Monday night after colliding with a flock of flamingos shortly before…
SimeProp 1Q24 profit doubles
Sime Darby Property Bhd’s (SimeProp) net profit more than doubled in the first quarter ended March 31, 2024 (1Q24) as…
Ringgit ends lower against the greenback
The ringgit ended lower against the US dollar yesterday on a lack of buying interest as the US Dollar Index…
Magma plans RCN issuance up to RM100mil
Magma Group Bhd has proposed to undertake the issuance of redeemable convertible notes (RCN) with an aggregate principal amount of…