Entertainment
From Bitcoin to Mexican peso, ‘Trump trades’ are appearing again
CORNERS of financial markets that could feel the impact of a Donald Trump victory are stirring again, as the US presidential race tightens with less than three weeks until...
India’s Tata Consumer beats Q2 profit estimates as demand for packaged food rises
Its Indian food business posts a 28% rise in quarterly revenue, as the company expands its distribution network into small towns and villagesINDIA’S Tata Consumer Products on Friday (Oct...
US: Nasdaq, S&P 500 open higher on tech boost
The S&P 500 and the Nasdaq opened higher on Friday (Oct 18), lifted by advances in technology shares, while the Dow Jones Industrial Average edged lower.The Dow Jones Industrial...
Sinopharm’s China TCM buyout bid lapses without regulatory nods
CHINA National Pharmaceutical Group’s latest attempt to take China Traditional Chinese Medicine (TCM) Holdings private has fallen through as it was unable to secure necessary regulatory approval from Chinese...
US dollar falls as risk appetite rises after China; but set for 3rd weekly gain
THE US dollar fell on Friday (Oct 18), taking a breather after five straight days of gains, as risk appetite increased following yet another round of stimulus measures from...
Is PropertyGuru’s delisting good for South-east Asia’s tech scene?
PropertyGuru’s stint as a listed company might soon be coming to an end.
Last week, Swedish private equity (PE) firm EQT offered to acquire the South-east Asian property listings portal...
Competitors PayPal, Adyen publicly collaborate for first time
ADYEN will offer PayPal Holdings’ guest-checkout product, the first time the two competing payments firms have publicly announced such a partnership.
Adyen will offer PayPal’s FastLane experience to its merchant...
AMD to acquire server builder ZT Systems for US$4.9 billion in cash and stock
AMD on Monday (Aug 19) said it plans to acquire server maker ZT Systems for US$4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips...
Sliding Bitcoin struggling to harness rebound in global risk appetite
BITCOIN and the wider crypto market are nursing sharp losses for the month so far even as global stocks push back towards record highs after shaking off a growth...