CD Projekt to launch new expansion for 'The Witcher 3: Wild Hunt'
GDANSK, May 27 : Poland's largest video game developer CD Projekt will release a third story expansion for its flagship game "The Witcher 3: Wild Hunt" in 2027, it said on Wednesday, helping to bridge the gap before its next major title.The expansion, titled "Songs of the Past&qu ...
Why Huawei’s new chipmaking plan has investors buzzing
The company’s vision for improving semiconductor efficiency has sparked a rally across the sector in China
ECB tells banks to invest more to get a grip on AI security risk
FRANKFURT, May 27 : Euro zone banks need to invest more in cybersecurity if they are to get a grip on new AI models that can find flaws in software, the European Central Bank's outgoing Vice President Luis de Guindos said on Wednesday. New large language models such as Anthropic's Mythos a ...
Euro zone banks need tighter cyber security amid AI risk, ECB says
FRANKFURT, May 27 : Euro zone banks need to invest more in cybersecurity if they are to get a grip on new AI models that can find flaws in software, the European Central Bank's outgoing Vice President Luis de Guindos said on Wednesday. "We have to understand much better the potential impli ...
AkzoNobel rejects €12.5 billion Nippon Paint, Sherwin-Williams takeover offer
May 27 : Dulux paint maker AkzoNobel struck down a €12.5 billion ($14.6 billion) cash takeover offer from rivals Nippon Paint and Sherwin-Williams on Wednesday, sending its shares 20 per cent higher.The offer price of €73 per share represented a premium of 39 per cent to AkzoNobel's last cl ...
AkzoNobel rejects takeover offer from Nippon Paint, Sherwin-Williams
May 27 : Dulux paint maker AkzoNobel has rejected a cash takeover offer of €73 ($85) per share from rivals Nippon Paint and Sherwin-Williams, the Dutch company said on Wednesday, sending its shares 16 per cent higher.The offer price represented a premium of 39 per cent to AkzoNobel's last clo ...
Once investor darlings, Australian banks get reality check on mortgage change
Their shares slide as housing demand and investor lending weaken; lenders turn to cost cuts, automation to protect returns
BOJ's net income falls due to higher interest payments on reserves
TOKYO, May 27 : The Bank of Japan saw net income fall in fiscal 2025 as rising interest rates boosted payments made on excess reserves parked with the central bank, its earnings data showed on Wednesday.Since exiting a decade-long, massive stimulus programme in 2024, the central bank has raised its ...
Amazon invests $20 billion in UK in 2025
LONDON, May 27 : Amazon invested over £15 billion ($20 billion) in Britain in 2025, keeping the e-commerce giant on track to deliver its planned £40 billion investment in the three years to the end of 2027, it said on Wednesday.Investments in 2025 included the launch of new operational sites, expa ...
Competing on value, not cost: Why Singapore appeals to German manufacturers
Low Youjin - There are more than 2,300 German companies with operations in the city-state
Analysis:SpaceX's Starship test strengthens IPO case, though hurdles remain
May 27 : SpaceX's upgraded Starship launch on Friday delivered enough progress to keep the momentum intact behind Elon Musk's $1.75 trillion IPO, while warning that full reusability of the rocket remains a work in progress.Starship is critical to lowering SpaceX's launch costs, expand ...
Thai housing demand recovering but outlook clouded by energy shock risks
BANGKOK, May 27 : Thailand’s housing market showed recovery signs in the first quarter of 2026, the state house leader said on Wednesday, with transaction volumes rising on government stimulus even as gains in value lagged, underscoring weak purchasing power. • The outlook remains fragile, with ...
Capgemini sets new targets building on AI consulting, but shares fall
May 27 : Capgemini unveiled new medium-term targets on Wednesday, sending its shares lower, as the French IT group positions itself as a consultant to help companies implement AI across industries.The shares fell around 4 per cent by 0730 GMT, the worst performers on France's blue-chip index CA ...
Capgemini sets mid-term targets as it bets on AI consulting growth
May 27 : Capgemini unveiled new medium-term targets on Wednesday, as the French IT group positions itself as a consultant to help companies implement AI across industries.The group targets average yearly revenue growth of 5.5 per cent to 7.5 per cent between 2025 and 2028, and cumulative organic fre ...
China's Xpeng backed by local government investment fund with undisclosed sum
[BEIJING] Chinese electric vehicle maker Xpeng said on Wednesday (May 27) that it was picked among the first batch to sign on...
China's Xpeng backed by local govt investment fund with undisclosed sum
[BEIJING] Chinese electric vehicle maker Xpeng said on Wednesday (May 27) it was picked among the first batch to sign on a...
Preparing for climate risks helps companies weather Iran war shocks: SGX RegCo
Janice Lim - Incorporating such factors in overall risk management is ‘a more holistic approach’
How Grab is rebuilding its engineering culture around AI speed
This change forces leaders to rebuild management, hiring and physical operations in South-east Asia before speed causes problems
SK Hynix joins US$1 trillion club after Samsung, Micron on AI chip boom
[SEOUL] SK Hynix topped US$1 trillion in market value for the first time on Wednesday (May 27), joining its memory chip rivals...
BlackRock ‘sees merit’ in more large-scale mining M&A
Major investments in supply are needed as commodity demand speeds up, says portfolio manager Olivia Markham
BlackRock sees merit in large scale mining M&A
[PERTH] BlackRock would back consolidation among large miners because it would open the sector to generalist investors at a scale that would...
Oil extends drop as Iran TV says it has seen draft deal with US to reopen Hormuz
LONDON, May 27 : Oil extended losses on Wednesday, falling over 5 per cent after Iranian state TV said it had seen a draft of an initial, unofficial framework for an agreement with the United States on ending their conflict and reopening the Strait of Hormuz.The report, plus a pick-up in tanker traf ...
Oil prices drop as traders look for US-Iran talks progress
LONDON, May 27 : Oil prices fell by more than 3 per cent on Wednesday as traders weighed up progress in U.S.-Iran peace talks and renewed hostilities.Brent crude futures fell $3.11, or 3.12 per cent, to $96.47 a barrel as of 0913 GMT, while U.S. West Texas Intermediate (WTI) crude lost $3.64, or 3.8 ...
Oil pulls back as traders look for progress on US-Iran talks
BEIJING, May 27 : Oil prices pulled back from recent highs on Wednesday, erasing some of the previous day's 4 per cent gain as traders sought clarity on complex negotiations between Iran and the U.S. after renewed hostilities set back efforts to reopen the Strait of Hormuz.Brent crude futures f ...
AI to turbocharge patent creation at India tech hubs, executives say
BENGALURU, May 27 : Global companies expect AI to accelerate the creation of new products and intellectual property at their Indian technology hubs, underlining the country's growing role as an innovation base even as the futuristic technology reshapes work.Executives from Publicis Groupe' ...
Japan's Nikkei retreats from record high as AI rally sparks caution
TOKYO, May 27 : Japan's Nikkei share average retreated from a record peak to end nearly flat on Wednesday, as investor caution grew about the fast-paced rally in AI-related stocks.The Nikkei closed at 64,999.41, after rising as much as 2.2 per cent earlier in the session to hit a record intrada ...
Japan's Nikkei hits record high as chip-related shares jump
TOKYO, May 27 : Japan's Nikkei share average rose to a record high on Wednesday, as gains in index heavyweight chip-related equities outweighed losses in financials and other value shares.The Nikkei was up 1.25 per cent at 65,811.78, as of 0147 GMT, after rising as much as 2.2 per cent earlier ...
Gold holds loss as traders weigh prospects for US-Iran deal
GOLD held a loss, as fresh clashes in the Persian Gulf weighed on hopes for a US-Iran peace deal and reinforced concerns...
China’s humanoid robotics startup Unitree fast-tracks Shanghai IPO with target US$6.2 billion valuation
Shreedhee Sajeev - The Shanghai Stock Exchange’s listing committee will review Unitree’s application on Jun 1
Unitree fast-tracks Shanghai IPO with target valuation of US$6.2 billion
Shreedhee Sajeev - The Shanghai Stock Exchange’s listing committee will review Unitree’s application on Jun 1
Japan yen nears intervention zone; dollar steady as traders watch Iran
LONDON, May 27 : The yen slid to its weakest against the U.S. dollar since late April on Wednesday, skimming levels that triggered official Japanese intervention last month, as cautious traders weighed up the risks of a renewed flare-up in the Iran war.The New Zealand dollar was one of the strongest ...
Yen hovers near intervention zone as traders eye Middle East risks
TOKYO, May 27 : The yen hovered close to its May low versus the U.S. dollar on Wednesday, near levels that spurred Japanese currency intervention in recent weeks, as traders weighed the risks of a renewed flare-up in the Iran war.The New Zealand dollar jumped after the Reserve Bank came unexpectedly ...
Yen hovers near intervention zone as traders weigh Middle East risks
TOKYO, May 27 : The yen hovered close to its May low versus the U.S. dollar on Wednesday, near levels that spurred Japanese currency intervention in recent weeks, as traders weighed the risks of a renewed flare-up in the Iran war.The Australian dollar erased earlier gains against the greenback follo ...
Yen hovers near intervention zone as traders assess Iran war outlook
TOKYO, May 27 : The yen hovered close to its May low versus the U.S. dollar on Wednesday, near levels that spurred Japanese currency intervention in recent weeks, as traders weighed the risks of a renewed flare-up in the Iran war.The Australian dollar hovered near its highest since May 15 ahead of c ...
