News
Kakao to spin off chat app-based platform business into KakaoAI, relist in 2027
KakaoAI will focus on AI, advertising, commerce and the KakaoTalk chat app platformPublished Fri, Aug 21, 2026 · 11:03 AM[SEOUL] South Korea’s dominant chat app operator Kakao Corp said...
Asia shares bound for weekly fall as bond yields, oil stay high
Published Fri, Aug 21, 2026 · 10:20 AM[SYDNEY] Most Asian share indices were heading for weekly falls on Friday (Aug 21) as stress in global bond markets showed little...
South Korea’s SK Hynix weighs Japan chip plant, multi-trillion won investment: report
This could be the first large-scale semiconductor manufacturing investment in the Asian country by a South Korean chipmakerPublished Fri, Aug 21, 2026 · 09:27 AM[SEOUL] South Korea’s SK Hynix...
Hedge fund stars spark race to cut taxes in Hong Kong, Singapore
Singapore and Hong Kong each boast asset management industries worth more than US$5 trillionON WEDNESDAY evening, as most of Singapore’s workers headed home, several of its leading financiers crowded...
ChatGPT can now control Apple’s iMessage, potentially raising privacy concerns
Published Fri, Aug 21, 2026 · 07:18 AMOPENAI rolled out support on Thursday for controlling Apple’s iMessage service via ChatGPT, a move with the potential to raise privacy concerns...
Bessent flags bigger debt buyback potential, coming fiscal plan
The US Treasury Secretary announces an ‘increased focus on fiscal consolidation’Published Fri, Aug 21, 2026 · 06:48 AMUS TREASURY Secretary Scott Bessent said that he is prepared to expand...
Oil settles up more than 2% after Trump threatens countries supporting Iran
Shipping traffic through the Strait of Hormuz on Wednesday was unchanged from the day beforePublished Fri, Aug 21, 2026 · 06:09 AM[NEW YORK] Oil prices jumped more than 2 per cent...
Starbucks sheds more than 100 jobs as it wraps up restructuring
The cuts include roles within the team that oversees the design and construction of its storesPublished Thu, Aug 20, 2026 · 11:29 PM[WASHINGTON] Starbucks eliminated 104 roles as part...
Walmart reports rare sales miss as consumers cut spending
It missed quarterly comparable sales estimates for the first time in at least five yearsPublished Thu, Aug 20, 2026 · 10:20 PM[NEW YORK] Walmart missed quarterly comparable sales estimates...
Wall St opens lower as bond yields climb
Published Thu, Aug 20, 2026 · 09:46 PM[NEW YORK] The main US indexes opened lower on Thursday (Aug 20) as a rebound in government bond yields hurt sentiment, while...
