Beauty
The Luxury Boom Nobody Saw Coming
Auction houses are benefiting from an effort to bring in younger bidders, and they’re biting. Josh Pullan, head of global luxury at…
Tag
Boom
Culture
Nokia streamlines business to focus on AI infrastructure boom
It plans to restructure into two main divisions – mobile networks and network infrastructure Nokia is banking on the boom in artificial…
Culture
Consumers feel pinch at pump as Russia drives oil refining boom
(Bloomberg) – It’s a great time to be an oil refiner – but a less great time to be filling up at the pump. In Europe, the US and Asia,…
Culture
Vietnam’s EV boom: VinFast buys first, mass adoption follows
Domestic brands lead Vietnam’s EV market despite intense competition and limited government incentives Vietnam is enjoying its position at…
Culture
Google plans US$40 billion Texas data center investment amid AI boom
ALPHABET’S Google said on Friday (Nov 14) it would invest US$40 billion in three new data centers in Texas, as part of its push to expand…
Culture
Google plans US$40 billion Texas data centre investment amid AI boom
ALPHABET’S Google will invest US$40 billion in three new data centres in Texas, as part of its push to expand capacity for artificial…
Business
India's data centre boom confronts a looming water challenge
The extraordinary rise of artificial intelligence has turbocharged data centre growth in India, Asia's third largest economy. Data centres…
Culture
Hong Kong exchange profit jumps 56% on trading, IPO boom
The benchmark index has surged 29% driving stock and derivatives trading to records Hong Kong’s stock exchange reported another record…
Culture
Apac private credit to reach US$92 billion in 2027 on wealth boom
The growth of Asia Pacific’s private markets comes against the broader backdrop of mounting headwind The Asia-Pacific private credit…
Culture
Nokia CEO Hotard compares AI surge to 1990s internet boom, but plays down bubble fears
Hotard’s remarks come amid growing debate over whether the surge in AI investment is sustainable [ESPOO, Finland] Nokia’s CEO Justin…
Culture
China’s EV boom saddles its auto insurers with losses
China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes…
Culture
Malaysia’s data centre boom looks poised to continue despite power, labour concerns
Spillover of demand from Singapore is turning Johor into South-east Asia’s fastest-growing data centre hub Data centre operators in…
Culture
AI spending boom is a bubble that will pay off: Bezos
Amazon.com chairman Jeff Bezos said that the spending on artificial intelligence resembles an “industrial bubble” that could lead to lost…
Business
Africa is on cusp of AI ‘data boom’: Helios Towers CEO
AI-driven data consumption in Africa will quintuple in five years’ time, predicted the CEO of Helios Towers, one of the continent’s…
Business
Business Africa: Democracy under pressure, Egypt’s food struggles, and Nigeria’s remote work boom
Africa’s Fragile Democracies Face New Risks A recent report by the Open Society Foundations, authored by economist and political scientist…
Culture
Hong Kong equity deals boom as Chinese firms rush to market
Initial public offerings, secondary share sales and equity-linked transactions are all poised for a boom period Hong Kong bankers have…
Culture
Oracle retreats after record run towards US$1 trillion club on AI cloud boom
Oracle shares retreated on Thursday (Sep 11) after a record AI-driven surge in the previous session that put the company closer to the…
Culture
Apac aviation boom presents ‘tremendous opportunity’ for maintenance, repair and overhaul
The strong growth of Asia-Pacific’s (Apac) aviation sector “presents tremendous opportunity” for the region’s maintenance, repair and…
Culture
Nvidia CEO Jensen Huang says AI boom far from over
Nvidia CEO Jensen Huang on Wednesday (Aug 27) dismissed concern about an end to a spending boom on artificial intelligence chips and said…
Business
From boom to ban: The rise and fall of India's betting apps
Kartik Srinivas (name changed) still flinches at the mention of online betting. What began as a thrill to earn a quick buck spiralled into…
Culture
Nvidia forecast shows decelerating growth after two-year boom
Nvidia, the world’s most valuable publicly traded company, gave a tepid revenue forecast for the current period, signalling that growth is…
Style
The Celebrity Picture Book Boom
There are no guilty pleasures in childhood. It is only as an adult that I feel a certain sheepishness when recalling one of my favorite…
Culture
Junior bankers win up to 30% pay hikes in Hong Kong deals boom
Citic Securities and other Chinese brokers are raising pay levels again for junior bankers in Hong Kong to boost retention and handle a…
Culture
Post-rehabilitation, Thai Airways revamps fleet to ride Asia-Pacific travel boom
Thai Airways International is turning to Airbus jets to fill gaps in its fleet-renewal plans and tap Asia-Pacific’s travel boom, as Boeing…