News

American Airlines sees resilient demand cushioning fuel-price hit
Published Wed, May 27, 2026 · 10:34 PM[CHICAGO] American Airlines is sticking with its full-year profit outlook despite a sharp jump in fuel prices, CEO Robert Isom said at...
Lululemon settles dispute with founder by shaking up board
The company will add a former ESPN executive and sneaker maker On’s previous co-CEO as directorsPublished Wed, May 27, 2026 · 09:41 PMLULULEMON Athletica has agreed to resolve a...
Germany, Spain push back on European plan to ban Huawei gear
Published Wed, May 27, 2026 · 07:27 PMGERMANY and Spain are leading opposition to European Commission plans to ban Chinese technology suppliers from telecom networks as part of new...
Size matters: OCBC’s Bank of Singapore doubles down on ultra-wealthy – and the bankers chasing them
CEO Jason Moo says the lender is starting to see large amount of flows into the region[SINGAPORE] If it takes the same effort to serve a US$100 million client...
Bigger is better: Bank of Singapore doubles down on the ultra-wealthy – and the bankers chasing them
CEO Jason Moo says the lender is starting to see large amounts of flow enter the region[SINGAPORE] If it takes the same effort to serve a US$100 million client...
Why Huawei’s new chipmaking plan has investors buzzing
The company’s vision for improving semiconductor efficiency has sparked a rally across the sector in ChinaPublished Wed, May 27, 2026 · 05:20 PMTHE artificial intelligence boom has triggered an...
Once investor darlings, Australian banks get reality check on mortgage change
Their shares slide as housing demand and investor lending weaken; lenders turn to cost cuts, automation to protect returnsPublished Wed, May 27, 2026 · 04:29 PM[SYDNEY] A looming slowdown...
China’s Xpeng backed by local govt investment fund with undisclosed sum
Published Wed, May 27, 2026 · 01:03 PM[BEIJING] Chinese electric vehicle maker Xpeng said on Wednesday (May 27) it was picked among the first batch to sign on a...
China’s Xpeng backed by local government investment fund with undisclosed sum
Published Wed, May 27, 2026 · 01:03 PM[BEIJING] Chinese electric vehicle maker Xpeng said on Wednesday (May 27) that it was picked among the first batch to sign on...
SK Hynix joins US$1 trillion club after Samsung, Micron on AI chip boom
Published Wed, May 27, 2026 · 12:20 PM[SEOUL] SK Hynix topped US$1 trillion in market value for the first time on Wednesday (May 27), joining its memory chip rivals...
China’s humanoid robotics startup Unitree fast-tracks Shanghai IPO with target US$6.2 billion valuation
The Shanghai Stock Exchange’s listing committee will review Unitree’s application on Jun 1CHINESE humanoid robotics startup Unitree Robotics is fast-tracking its initial public offering (IPO) on Shanghai’s tech-focused Star...
US stocks: S&P 500, Nasdaq hit record closing highs on AI optimism, Micron joins US$1 trillion club
Published Wed, May 27, 2026 · 08:21 AM[NEW YORK] The S&P 500 and Nasdaq hit record closing highs on Tuesday (May 26), as artificial intelligence-fueled optimism offset anxiety over...