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Easyjet, Eyeing Record Summer, Boosts Nerve Centre With AI
A cutting-edge facility featuring artificial intelligence (AI) — Easyjet’s new control centre is tasked with handling about 2,000 mostly-European flights per day as the British airline eyes high summer demand.…
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Indian stocks hit record close on RBI dividend, short covering
India’s main equity benchmarks closed at a new all-time high on Thursday (May 23) after the central bank’s bumper dividend to the government and optimism about the outcome of the…
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South Korea sets aside record US$19 billion to fuel chipmaking
SOUTH Korea has unveiled a US$19 billion package of incentives to bolster its chip sector, a boon to Samsung Electronics and SK Hynix as they race to stay ahead in…
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S.Korea President Announces Record $19bn Plan To Boost Chip Industry
South Korean President Yoon Suk Yeol on Thursday announced a record $19-billion-dollar support plan for the country’s crucial semiconductor industry. South Korea is home to the world’s top memory chipmakers…
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Companies put record amount in shareholders’ pockets: report
COMPANIES paid out a record amount of money in dividends to shareholders in the first quarter of 2024 as Alibaba and Meta made the their first-ever payments, a report said…
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India central bank’s record dividend to government may reduce fiscal gap
THE board of India’s central bank approved a record surplus transfer of 2.11 trillion rupees (S$34.1 billion) to the government for the fiscal year that ended in March, sharply above…
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Asian Markets Track Wall St Record Ahead Of Nvidia Results, Fed Minutes
Asian investors fought Wednesday to revive a recent rally across markets as they turned their focus on the release later in the day of earnings from US tech darling Nvidia.…
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Gold prices cool near record peak as dollar holds footing
GOLD prices cooled near a record peak hit in the previous session on Tuesday (May 21) as the dollar held ground, but stayed afloat at the US$2,400 level on support…
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Nasdaq Composite, S&P 500 Reach Record Highs
The Nasdaq Composite and the S&P 500 reached record highs following a Tuesday session of mixed earnings. The Nasdaq Composite Index closed at 16,832.62, up 0.2 percent for the day…
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Gold hovers near record high on growing rate-cut bets
GOLD prices inched up on Tuesday (May 21), hovering near a record peak hit in the previous session as recent economic data boosted bets that the US Federal Reserve would…
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US: Nasdaq lifts to fresh record while Dow retreats
GAINS by several large tech companies pushed the Nasdaq to a fresh record Monday, on an overall mixed day for US equities as weakness at JPMorgan Chase dragged down the…
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BlackRock hits record assets of US$10.5 trillion with bond inflows
BLACKROCK’s long-term investment funds took in US$76 billion of net inflows in the first quarter, helping to push the world’s largest money manager to a record US$10.5 trillion of client…
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SGX derivatives volume up in March on record commodity, forex activity
DERIVATIVES traded volume on the Singapore Exchange : S68 0% (SGX) rose 10 per cent month on month and 12 per cent on the year to 24 million contracts in…