Entrepreneurship
No AI, poor returns drive Indian investors to foreign markets
Published Fri, May 8, 2026 · 02:21 PM[MUMBAI] Investors in India, long focused almost entirely on domestic markets, are increasingly starting to look outward.A growing number are moving money...
Middle Eastern banks tap China growth by beefing up presence in Hong Kong
Gulf lenders have been expanding outside of their home turfs in the Middle East and beyond in recent yearsPublished Fri, May 8, 2026 · 11:29 AM[HONG KONG] The UAE’s...
Sumitomo Mitsui Trust Bank targeting US$500 million for new aircraft lease fund
The fund will purchase Boeing and Airbus aircraft and lease them to airlines globallyPublished Fri, May 8, 2026 · 11:12 AM[TOKYO] Japan’s Sumitomo Mitsui Trust Group (SMTG) is planning...
Converse CEO promises staff new brand strategy will work amid layoffs, dismal quarterly sales
As the company’s challenges deepen, questions have swirled about whether Nike will keep it in the fold Published Fri, May 8, 2026 · 10:16 AM[NEW YORK] After layoffs and...
SK Hynix flooded with unprecedented offers from big tech firms to secure chip supplies
Published Fri, May 8, 2026 · 10:03 AM[SEOUL/SINGAPORE] SK Hynix is being aggressively courted by big global tech firms with offers to invest in its new production lines and...
OCBC shares pare gains to close 0.2% up after Q1 profit beats estimates
[SINGAPORE] Shares of OCBC Bank rose as much as 3.1 per cent on Friday (May 8) after the bank reported better-than-expected first quarter profits – but pared almost all...
Foreign central banks boost share of Malaysian bonds to record
The nation’s strong currency and stable economic growth have been a key allure for global investorsPublished Fri, May 8, 2026 · 08:37 AMFOREIGN central banks and governments have raised...
Cloudflare cuts workforce by 20% in ‘AI-first’ restructuring
Published Fri, May 8, 2026 · 07:38 AM[BENGALURU] Cloudflare said on Thursday (May 7) that it would lay off about 20 per cent of its workforce as part of...
Oil prices jump on renewed US-Iran hostilities
Published Fri, May 8, 2026 · 06:48 AM — Updated Fri, May 8, 2026 · 02:22 PM[NEW DELHI] Oil prices rose about 1 per cent on Friday (May 8)...
S&P 500 ends down as chip stocks give up gains
Upbeat economic readings in recent weeks have also helped allay concerns about the economyPublished Fri, May 8, 2026 · 05:45 AM[BENGALURU/SAN FRANCISCO] The S&P 500 ended lower on Thursday...
