NEW YORK] The eye-catching US$2 trillion projection for the potential growth of the stablecoin market that was often cited ...

SEOUL] South Korea’s SK Hynix posted on Thursday a record quarterly profit, driven by strong demand for advanced chips used in generative artificial intelligence chipsets and as some customers ...

LOS ANGELES] A doctor charged in connection with the drug overdose death of actor Matthew Perry pleaded guilty on Wednesday to supplying the Friends star with ketamine. Read more at The Business Times ...

NEW YORK] Bank of America announced a new US$40 billion stock-buyback programme, sending shares up. Read more at The Business Times.

BENGALURU] Chevron cut 575 positions in the Houston area after it completed its US$55 billion merger with Hess, a Texas ...

TOYMAKER Mattel cut its annual forecast, reinstating it after two months, and posted a sharp drop in second-quarter revenue ...

BENGALURU] IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday (Jul 23), but lower-than-expected sales in its mainstay software segment overshadowed a renewal in demand ...

ALPHABET on Wednesday cited massive demand for its cloud computing services as it hiked its capital spending plans for the ...

NEW YORK] Oil prices were little changed on Wednesday as investors assessed trade developments between the European Union and ...

AUSTIN] Tesla fell short of Wall Street’s expectations in one of the automaker’s worst quarters in years, a sign of the toll ...

EUROPEAN shares closed near two-week highs on Wednesday, led by automakers, as investors anticipated a possible agreement ...

NEW YORK] Wall Street stocks advanced on Wednesday with the Dow logging strong gains and the S&P 500 closing at a record for the third time in a row after the United States unveiled more tariff deals.