Business
MiniMax Joins China AI Fundraising Rush With $2 Billion Deal
MiniMax Group Inc. is joining a rush by Chinese technology companies to tap markets for funding aimed at the artificial …
Business
1682 articles
Business
Can Dogs Save Hong Kong's Dining Scene?
Hong Kong’s restaurant industry has been struggling as more residents head to mainland China for their weekend leisure a…
Business
Rupee May be Tested as RBI Unwinds Bearish Dollar Bets
Short dollar forward positions ballooned to $106.7 billion in May.…
Business
Japan’s Long Bonds, Yen Rise on Push for More GPIF Investment
Japan’s long-term bond yields fell and the yen strengthened after Finance Minister Satsuki Katayama said the government …
Business
Copper Heads for Weekly Gain as Traders Look Past Iran Flare-Up
Copper was on track for its second straight weekly gain as investors looked past potential demand headwinds presented by…
Business
What’s Driving SK Hynix’ Billion-Dollar ADR Listing
SK Hynix Inc. raised $26.5 billion in its American depositary share offering, the largest ever US first-time share sale …
Business
How Sandra Lee’s Semi-Homemade Cooking Became The Way America Cooks
Sandra Lee trademarked semi-homemade cooking. Now it's behind every viral food hack, and her Wheatley Vodka 250th collab…
Business
RBI Faces $100 Billion Challenge After Record Currency Defense
Over the past two years, India’s central bank built one of the world’s largest bearish dollar bets to support a persiste…
Business
Don’t want to invest in Elon Musk? Two new ETFs explicitly exclude him
The new exchanged-traded funds exclude companies that are founded, controlled, or led by Elon Musk. That means no SpaceX…
Business
Gold Steadies as Traders Weigh Mideast Fighting, Rate Outlook
Gold steadied, as investors weighed renewed fighting in the Middle East and the prospects for interest-rate hikes to com…
Business
Broadway Avoids Strike Through Tentative Deal With Cleaners Union
Broadway cleaners represented by 32BJ SEIU have tentatively secured increased wages, improvement to defined benefit pen…
Business
Taco Bell is reportedly pulling produce from some stores. Here’s what to know.
An outbreak of a parasite-caused illness has sickened more than 1,000 people in Michigan.…
Business
Wall Street’s boutiques bet on star bankers. Now they’re stuck with the bill
Investment banks like Evercore, Lazard and Moelis scooped up dealmakers ahead of an upswing that has yet to fully materi…
Business
Asian Stocks Set to Gain After US Chipmakers Rally: Markets Wrap
Asian stocks looked poised to gain on Friday after a resurgence in giant chipmakers drove a rebound on Wall Street. Oil …
Business
Why a hidden divergence between the VIX and Nasdaq volatility has the smart money on edge
Traders are completely enthralled by the bull market — but surging Nasdaq volatility suggests it is time to hedge.…
Business
SK Hynix is about to hit the U.S. market. Here’s what to know about the deal.
U.S. investors are about to get another straightforward way to play the red-hot market for memory chips.…
Business
Tanger CEO: ‘Incredible Traffic’ Tied to World Cup
Stephen Yalof, President and CEO of Tanger Inc., appeared on the program to discuss the company's recent performance. Ta…
Business
Can Walmart help the Fed harness real-time U.S. economic data? We’re about to find out.
The Federal Reserve named a former Walmart CEO to a task force to develop contemporaneous data on spending, inflation an…
Business
A junior employee saved this company six figures using AI. Here’s how.
“Some of the best ideas can come from anywhere in the organization.”…
Business
Kevin Warsh names high-profile figures to help modernise the Fed
US central bank chair chooses business and academic leaders to head five new task forces…
Business
The century-old device choking the world’s AI push
Surging data centre power demands are intensifying pressure on transformer supply chains…
Business
Why Young Investors Are Betting It All
Faced with rising expenses, massive student debt and diminishing job prospects, throwing the dice is looking increasingl…
Business
2027 Toyota Highlander Production Delayed Due to 'Final Adjustments'
The new EV SUV was supposed to go on sale by the end of the year, but now it may not arrive until 2027 after an eight-we…
Business
SK Hynix Is Said to Price US Share Offering at $149 Apiece
SK Hynix Inc. priced its US listing of American depositary receipts at $149 each, according to a person familiar with th…