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

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 ...

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

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 ...

LONDON] US pop megastar Taylor Swift will be honoured with 13 waxworks of her at Madame Tussauds venues around the globe, the museum said on Wednesday. Read more at The Business Times.

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 ...