Business

South Korea's Q2 GDP beats estimates on chip export boom

South Korea economy expands 0.6% q/q in Q2, better than expected

ServiceNow buys 5% of BusinessNext, values Indian software firm at $700 million

Clarity Act Mired In Debate Over Whether to Bar President From Selling Crypto

Democrats and Republicans are haggling about the Clarity Act, a major bill pushed by the crypto industry, as it moves closer to a Senate vote.

Why the US is losing Chinese AI stars

More entrepreneurs from China believe there are now greater opportunities at home than in Silicon Valley

How long can China defy history and logic with its imbalances?

The country is demanding far too much of a world fixated on cheap consumer goods

Hong Kong’s Offshore Yuan Market Evolves Into Global Funding Hub

A record pile of yuan in Hong Kong is making its way to corporate loans while driving a surge in capital market activity, signaling that China’s drive to internationalize its currency is advancing.

Coinbase to Expand Singapore Team Amid Global Restructuring: BT

Cryptocurrency exchange Coinbase Global Inc. is looking to expand its headcount in Singapore to 200 by the end of the year, up from 150, the Business Times reported Wednesday.

Google reports 12th consecutive quarter of strong revenue gains

Better-than-expected results come despite delays in release of powerful AI model Gemini Pro Google’s parent company, Alphabet, reported double-digit revenue growth for its second-quarter earnings on Wednesday. This is the tech giant’s 12th…

ServiceNow CEO defends the company's relevancy, touting a kill switch for rogue AI agents

ServiceNow CEO Bill McDermott said the company is becoming increasingly important as businesses deploy more autonomous AI agents.

Musk Says Micron Gave Tesla ‘Significant’ Supply of Memory Chips

Micron Technology Inc. recently gave Tesla Inc. a “significant allocation” of memory chips, according to Elon Musk, helping meet the automaker’s demand for an increasingly precious commodity.

Amazon Investigated Over Chinese Influence by US Senate Panel

Amazon.com Inc. is being investigated by the Senate Small Business Committee for allegedly letting China influence the company’s online marketplace, according to a document reviewed by Bloomberg and two people interviewed as part of the…