Asian Stocks Rally As Chipmakers Surge On AI Demand
Asian equities advanced on Monday, driven by a sharp technology rally in chipmakers alongside robust artificial-intelligence demand.
Business
Markets, companies, regulation, startups, and the business impact of technology.
SpaceX Targets Late 2027 Launch for Nvidia-Powered Orbital Data Center
SpaceX is targeting a late 2027 launch for an orbital data center powered by Nvidia’s Vera Rubin architecture.
Ng Lye Poh, Mother of Sheng Siong President Lim Hock Chee, Dies Aged 91
Ng Lye Poh, widely known as Sheng Siong Ah Ma and the mother of Sheng Siong Group president Lim Hock Chee, has passed away at the age of 91.
MACC Secures Remand Extension for Former Minister in Tabung Haji Probe
The Malaysian Anti-Corruption Commission secured a two-day remand extension on September 6, 2026, for a former minister in his 60s.
Rundu Town Council Launches Commercial Subsidiary to Boost Revenue
The Rundu Town Council launched a wholly owned commercial subsidiary, Rundu Town Council Commercial Services (Pty) Ltd, at the Rundu Trade Fair Centre to strengthen municipal…
Qantas Flight Diverts to Christchurch After Engine Flames on Takeoff
A Boeing 737-800 operating flight QF122 from Queenstown to Sydney was forced to divert to Christchurch on September 5, 2026, after suffering a suspected engine issue shortly after…
Tesla Launches Cybercab in Austin as Federal Regulators Open Safety Probe
Tesla put its two-seat Cybercab into service at an invite-only event in downtown Austin, Texas.
Volkswagen Supervisory Board Approves Plan to Cut 100,000 Jobs by 2030
The restructuring addresses fierce competition from Chinese automakers, falling profits, and heavy U.S. import tariffs.
South African Business Delegation Visits New Delhi to Address Trade Deficit
A South African business delegation is visiting New Delhi to explore opportunities for expanding economic ties with India and to address an existing trade imbalance between the…
Impala Platinum Reports Surging Annual Profit on Higher Metal Prices
Impala Platinum reported a net profit of 31.04 billion South African rand, equivalent to $1.93 billion, for the fiscal year ended June 30, rebounding from a 761 million-rand…
SEC Preps Proposal to Widen Retail Investor Access to Private Markets
The US Securities and Exchange Commission submitted a planned proposal to the White House Office of Management and Budget aiming to widen retail investor access to private markets…
Global Bond Yields Hit Highest Levels Since 2008 as Debt Selloff Widens
Global bond yields surged to their highest levels in nearly two decades as escalating energy prices and stricter central bank inflation warnings drove a broad debt selloff.