14+ hour, 5+ min ago   (361+ words) (Sept 14): China's Ligent Technologies seeks to raise about HK$5.67 billion (US$723 million) in a Hong Kong initial public offering (IPO) to fund product development and expand production, showed a prospectus filed at the stock exchange on Monday. The maker of…...

16+ hour, 20+ min ago   (579+ words) SYDNEY (Sept 14): Share markets slid in Asia on Monday as supply concerns caused oil prices to spike anew, while investors braced for possible interest rate hikes in both the United States and Japan this week. Brent climbed 3% as new strikes…...

3+ day, 13+ hour ago   (244+ words) (Sept 11): Prime Minister Mark Carney said this week’s round of US trade measures against Canada will hurt some businesses but will have a “modest” impact overall — and signalled that his government isn’t planning to retaliate. “We fully recognise that for…...

4+ day, 2+ hour ago   (443+ words) WASHINGTON (Sept 10): US producer prices increased in line with expectations in August amid a rebound in the cost of energy products. The producer price index for final demand rose 0.4% last month after an upwardly revised 0.1% gain in July, the Labor…...

4+ day, 4+ hour ago   (660+ words) KUALA LUMPUR (Sept 10): Rubber glove counters on Bursa Malaysia rallied broadly on Thursday, lifted by higher crude oil prices and a recent price hike by China's leading glove maker Intco Medical Technology Co Ltd. Higher oil prices raise the cost…...

4+ day, 5+ hour ago   (284+ words) (Sept 10): Beijing-based AI start-up Moonshot is considering dual listings in Hong Kong and Shanghai to boost fundraising and exposure, the South China Morning Post reported on Thursday, citing two people familiar with the matter. The developer of the Kimi large…...

4+ day, 7+ hour ago   (611+ words) (Sept 10): In June last year, Louis Vuitton opened a huge cruise ship-shaped store in the swanky Jing’an neighbourhood of Shanghai. The inauguration drew crowds, with the star-studded invitee list including popular actors like Lin Yi and Gong Jun, the brand’s…...

4+ day, 7+ hour ago   (163+ words) (Sept 10): Huawei Technologies Co has notified some clients that it’s significantly increasing the prices of its most advanced AI accelerators, reflecting how demand is rapidly outstripping supply during the data centre boom. Huawei’s decision underscores growing demand for a Chinese…...

4+ day, 7+ hour ago   (397+ words) The Edge Malaysia (Sept 10): Taiwan Semiconductor Manufacturing Co reported a 53.3% increase in monthly sales, with the company struggling to meet overwhelming demand from the global AI infrastructure buildout. Revenue in August reached NT$514.8 billion (US$16.3 billion or RM66.3 billion). Analysts on…...

4+ day, 16+ hour ago   (443+ words) (Sept 10): Asian stocks were poised to decline Thursday, tracking losses on Wall Street as surging oil prices and Treasury yields stoked inflation concerns ahead of key US price data. US oil extended its rally to an eighth straight session. Equity-index…...